The Lexus LM is offered in two variants in Malaysia: the 7-seater LM350h priced at RM 1,233,000, and the 4-seater LM500h priced at RM 1,473,000.

The main differences are in powertrain, seating capacity, and rear luxury features. The LM350h uses a 2.5-litre naturally aspirated hybrid engine (250 PS combined) with e-CVT, front-wheel drive, and 7 seats (2-2-3 layout). The LM500h uses a more powerful 2.4-litre turbo hybrid engine (371 PS combined) with a 6-speed automatic, Direct4 all-wheel drive, and only 4 seats with a privacy partition and 48-inch rear screen.

The LM350h combines a 2.5-litre naturally aspirated four-cylinder engine (190 PS, 239 Nm) with dual electric motors (182 PS, 270 Nm) for a total system output of 250 PS, paired with an e-CVT transmission. The LM500h features a 2.4-litre turbocharged four-cylinder engine (275 PS, 460 Nm) with front (87 PS, 292 Nm) and rear (103 PS, 169 Nm) electric motors, producing a combined 371 PS and 550 Nm, paired with a 6-speed automatic transmission and Direct4 all-wheel drive.

The LM350h accelerates from 0-100 km/h in 9.1 seconds, with a top speed of 190 km/h. The more powerful LM500h is significantly quicker, completing the 0-100 km/h sprint in just 6.9 seconds, with a top speed of 185 km/h. Fuel consumption is rated at 5.5 L/100 km for the LM350h and 6.6 L/100 km for the LM500h.

The Lexus LM measures 5,125 mm in length, 1,890 mm in width, and 1,955 mm in height, with a wheelbase of 3,000 mm. The LM350h features a 7-seat layout (2-2-3) with second-row captain seats and a 14-inch ceiling-mounted rear monitor. The LM500h features a 4-seat layout with business class-style rear seats, a privacy partition, and a massive 48-inch widescreen display. Boot capacity is 110 litres with third-row seats in place for the LM350h, expanding to 1,191 litres, while the LM500h offers 752 litres.

The LM500h features business class-style rear seats with full recline function, ottoman, heating, ventilation, and massage functions, controlled via removable tablet devices. It includes a privacy partition with an electrochromic glass window, a massive 48-inch widescreen display for entertainment or video conferencing, a refrigerator, large twin storage compartments, and a 23-speaker Mark Levinson premium sound system.

The Lexus LM features Lexus' Tazuna infotainment interface with a 14-inch centre touchscreen and 12.3-inch digital instrument cluster, supporting wireless Apple CarPlay and wired Android Auto. Both variants include a 360-degree camera with "see-through" mechanism, four-zone Lexus Climate Concierge system, Qi wireless charging, ambient lighting with 64 colours, twin glass roofs with power-operated sunshades, and power sliding doors with soft-close function. The LM500h adds a 23-speaker Mark Levinson system and 48-inch rear display.

The Lexus LM comes with the full Lexus Safety System+ suite, which includes Pre-Collision System with Intersection Assistance (autonomous emergency braking), Dynamic Radar Cruise Control, Lane Tracking Assist, Lane Departure Alert, Rear Cross Traffic Alert, Safe Exit Assist (works with Blind Spot Monitor), Adaptive High Beam, and Panoramic View Monitor. Additional features include Advanced Drive and Advanced Park systems. The vehicle is equipped with 6 SRS airbags and ISOFIX child seat mounts.

The Lexus LM is available in four exterior colours: Graphite Black Glass Flake, Sonic Titanium, Sonic Quartz, and Sonic Agate. Inside, customers can choose between two leather upholstery options: Black or Solis White.

The Lexus LM comes with a 5-year unlimited mileage manufacturer's warranty, which is standard across all Lexus models in Malaysia. Lexus also offers a comprehensive aftersales service package. For the most current warranty details and service package information, buyers should consult directly with their local authorized Lexus dealer.