V8-powered 2026 Lexus LC 500 receives final batch of units with the BMW 8-Series rival phased out in Australia

2026 Lexus LC 500
Tim Gibson

News Journalist

3 min read

This V8-powered Japanese coupe is being phased out in Australia. 

Lexus has confirmed the LC is approaching the end of its lifecycle Down Under. 

A special edition LC 500 will hit Aussie shores in the second half of this year as the final examples of the car.

Read More About Lexus LC

Lexus said allocation for the car has already been exhausted, with only a small number of units provided.

A spokesperson for Lexus Australia also confirmed the you can no longer order any model from the LC lineup anymore.

So what is next for the iconic sports car? 

What is the Lexus LC? 

2026 Lexus LC 500
2026 Lexus LC 500

The LC 500 is Lexus’ flagship two-door sports car, available in hard-top coupe or convertible form.

It carried a more than $200,000 price tag in Australia, having launched globally in 2017 as a direct rival luxury grand-touring coupes like the BMW 8-Series.

The rear-wheel drive LC is fitted with either a 5.0-litre V8 petrol engine, producing 351kW/540Nm or a 3.5-litre hybrid petrol engine, with 264kW and 350Nm. 

2026 Lexus LC 500
2026 Lexus LC 500

Lexus originally planned to halt production for the car in late 2025, but this latest special edition batch will now be its final iteration.

It is the bigger sibling of the RC compact sports car that was discontinued in 2022. 

What will replace the Lexus LC? 

A spokesperson for Lexus Australia said they could not comment on what would replace the LC 500. 

It does seem like the full-blooded V8 engine will be a thing of the past for the Lexus sports car.

Speculation in 2024 suggested the LC’s replacement would ditch V8 and non-hybrid V6 set-ups to be powered by a 3.5-litre twin-turbo petrol V6 hybrid engine or fully-electric alternative. 

Lexus also unveiled an electric sports car concept at the Japan Mobility Show last year that could provide a glimpse into what is coming. 

The concept provided few details other than its striking looks, but it did feature multiple electric motors and batteries, according to the brand. 

An electric successor to the LC is more likely as Lexus targets an electric-only lineup by 2030. 

We could learn more of this new potential model in the coming months, and into 2027.

Tim Gibson

News Journalist

Tim could not get enough of UK Top Gear as a kid and took from his Dad, who worked at Jaguar before moving over to Australia. Tim’s journalism career began at age 15 as a local reporter for Football South Coast before he branched into live commentary with Football New South Wales. He reports on national competitions and the Socceroos with Football Australia, and also covered the 2023 FIFA Women’s World Cup with The Football Sack. He studied a Bachelor of Journalism and a Bachelor of Laws at the University of Wollongong, featuring in the top five per cent of students, and graduating with distinction. Tim completed an internship in the ABC’s Wollongong office, then undertook regular paid shifts until he completed his degrees. Tim started his full-time journalism career at CarsGuide, working as a News Journalist covering a range of automotive topics from electric vehicles to legal issues. Education University of Wollongong | Bachelor of Journalism with distinction | 2020-2025 University of Wollongong | Bachelor of Laws | 2020-2025 Featured Publications Football South Coast | 2018-present Football New South Wales | 2019-present South Coast Flame FC | 2021-2022 Football Australia | 2023-present UOW TV | 2021-2025 The Football Sack | 2022-2023 ABC Illawarra | 2023-2025 CarsGuide | 2025-present
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