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Lexus LM ex-showroom price ranges from ₹2.2 Cr – ₹2.75 Cr (as of October 2026). The LM 350h 7Str VIP Hybrid (Base Model) is priced at ₹2.2 Cr. The LM 350h 4Str Ultra Luxury Hybrid (Top Model) is priced at ₹2.75 Cr. The on-road price of LM 350h 7Str VIP Hybrid in Mazgaon starts from ₹2.59 Cr, while the LM 350h 4Str Ultra Luxury Hybrid costs ₹3.23 Cr on-road. Lexus LM is available in 2 variants with different features, specifications and pricing. Explore Lexus LM on-road price, ex-showroom price, EMI options and variant-wise pricing details. The table below provides variant-wise Lexus LM price details including ex-showroom price, on-road price and estimated EMI. On-road prices may vary depending on state taxes, RTO charges, insurance costs, registration fees and applicable local charges. Compare all available Lexus LM variants to understand differences in features, performance, specifications and overall value. EMI and finance options can help buyers estimate monthly ownership costs before making a purchase decision. Buyers considering Lexus LM can also compare prices, features and specifications with Toyota Vellfire, Toyota Land Cruiser 300, Lexus LX.
| Lexus LM Variant Name | Ex-showroom Price in Mazgaon | On-road Price in Mazgaon | Estimated EMI in Mazgaon |
|---|---|---|---|
| LM 350h 7Str VIP | ₹2.20 Cr | ₹2.59 Cr | ₹488,823/mo |
| LM 350h 4Str Ultra Luxury | ₹2.75 Cr | ₹3.23 Cr | ₹610,900/mo |
Lexus LM ex-showroom price ranges from ₹2.2 Cr – ₹2.75 Cr.
Disclaimer: On-road price may vary by location. Please confirm the final price with the dealer.
On-road price in Mazgaon
₹2,58,61,359
Ex-Showroom
₹2,19,69,000
RTO
₹28,55,970
Insurance
₹8,14,199
TCS
₹2,19,690
FastTag
₹1,000
Hypothecation
₹1,500
Get EMI: ₹488,823/mo
Calculate EMIOn-road price
On-road price in Mazgaon
₹3,23,19,870
Ex-Showroom
₹2,74,62,000
RTO
₹35,70,060
Insurance
₹10,10,690
TCS
₹2,74,620
FastTag
₹1,000
Hypothecation
₹1,500
Get EMI: ₹610,900/mo
Calculate EMIGet EMI: ₹459,755/mo
Get EMI: ₹459,755/mo
Get EMI: ₹476,365/mo
Get EMI: ₹517,891/mo
Get EMI: ₹488,823/mo
Vehicle Registration Information
RTO CODE
MH-01
Vehicle registration code
AUTHORITY
RTA-Mumbai Central
Registration authority
LOCATION
Mazgaon
Maharashtra
IMPORTANT INFORMATION
If your Aadhar Card, Family ID, Voter ID, or address proof shows a Mazgaon address, your new vehicle registration (Cars, Bikes and Scooty, or Tractor) will be processed under MH-01.
The applicable RTA/registration code depends on your residential address and registration jurisdiction — not simply the location of the dealership.
REAL-LIFE SCENARIO
Purchasing from a dealer outside Mazgaon? If you live in Mazgaon, your vehicle will still be registered as MH-01.
BEFORE ACCEPTING DELIVERY
Carefully verify the name, address, vehicle model, variant, chassis number, invoice details and insurance information. Ask the dealer to correct any errors before completing the delivery or registration process.
REGISTRATION AUTHORITY
Mazgaon, vehicle (Cars, Bikes and Scooty, or Tractor) registration code is MH-01 for Private vehicles with a white number plate.
RTO Code
Represents Mazgaon registration jurisdiction.
Series
The applicable registration series.
Vehicle Number
Unique number from 0001–9999.
DELIVERY CHECKLIST
At the time of Lexus LM delivery, make sure to collect invoice(Xerox), insurance policy, Form 21(Sale Certificate), Form 22 (Road Worthiness Certificate), a copy of Form 20 and temporary registration Certificate. It is advisable to keep 2-3 copies of these documents especially for registration, insurance and finance related requirements.
COMMERCIAL VEHICLE USE
If you want to use your car, bike, or tractor for commercial work such as taxi or transport services, you must get a Commercial Registration (Yellow Number Plate) from the RTA.
RTO REGISTRATION
RTO
MH-01
RTO CODE
MH-01
Registration code
LOCATION
Mazgaon
Maharashtra
REGISTRATION AUTHORITY
Mazgaon vehicle (Cars, Bikes and Scooty, or Tractor) registration code is MH-01 for Private vehicles with a white number plate.
Mazgaon RTA Code (represents Maharashtra state and Mazgaon city)
Vehicle Registration Series
Unique Vehicle number (0001–9999)
IMPORTANT RULE
If your Aadhar Card, Family ID, Voter ID, or address proof shows a Mazgaon address, your new vehicle registration will be processed under MH-01.
Remember
The RTA code depends on your residential address and registration jurisdiction — not simply the dealership location.
REAL-LIFE SCENARIO
Purchasing your vehicle from a dealer outside Mazgaon does not automatically change your registration jurisdiction.
If you live in Mazgaon, your vehicle will still be registered as MH-01.
DELIVERY CHECK
At the time of Lexus LM delivery, make sure to collect invoice (Xerox), insurance policy, Form 21(Sale Certificate), Form 22 (Road Worthiness Certificate), a copy of Form 20 and temporary registration Certificate. It is advisable to keep 2-3 copies of these documents especially for registration, insurance and finance related requirements.
COMMERCIAL USE
If you want to use your car, bike, or tractor for commercial work such as taxi or transport services, you must get a Commercial Registration with a Yellow Number Plate from the RTA.
OFFICE ADDRESS
Mazgaon does not have a separate RTA Office. Vehicle registration for cars, bikes, and tractors in Mazgaon is handled by RTA-Mumbai Central.
The Regional Transport Office, Mumbai Central, Maharashtra
The RTA-Mumbai Central registration authority provides vehicle-related services through the e-Disha Centre. Online VAHAN services can also be used for registration, fee payment and application status tracking.
Check your registration jurisdiction before completing vehicle delivery formalities.
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