Lexus Lm500H vs Mitsubishi ASX

What's the difference?

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Lexus Lm500H
Lexus Lm500H

2025 price

Mitsubishi ASX
Mitsubishi ASX

$37,740 - $46,490

2026 price

Summary

2025 Lexus Lm500H
2026 Mitsubishi ASX
Safety Rating

Engine Type
Inline 4, 2.4L

Inline 4, 2.0L
Fuel Type
Premium Unleaded Petrol

Unleaded Petrol
Fuel Efficiency
6.6L/100km (combined)

7.6L/100km (combined)
Seating
4

5
Dislikes
  • Privacy screen separting back seats
  • Not much space up front
  • Expensive

  • Base LS missing several features
  • Temporary spare wheel should be standard 
  • Much more expensive than previous ASX
2025 Lexus Lm500H Summary

In 15 years as a car reviewer there have been plenty of super luxurious cars and there has been plenty of people moving. But not many super luxurious people movers. Until now. Until the Lexus LM 500h.

This people mover costs a quarter of a million dollars. And if that caught your attention you probably also want to know what that buys you. My family and I found out when we lived with the LM 500h Ultra Luxury for a week.

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Interested in a Lexus Lm500H?
2026 Mitsubishi ASX Summary

For 15 years the Mitsubishi ASX has been one of the most popular SUVs in Australia. Well into its life cycle, it maintained strong sales thanks to keen pricing and a reputation for reliability.

The second-generation ASX is finally here, but it’s a very different proposition to the original.

For starters, the new model is a twin of French brand Renault’s Captur small SUV. That model is not currently sold here, so Mitsubishi has clear air, for now.

Secondly, it’s no longer cheap. Pricing puts this new model into the high-$30,000 section of the segment, but it also gains modern tech and specs.

Whether buyers care that the ASX has gone upmarket remains to be seen. But we attended the Australian launch to see if French flair has improved the ASX formula.

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Deep dive comparison

2025 Lexus Lm500H 2026 Mitsubishi ASX

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