Lexus LM vs Mercedes-Benz SL-Class
A detailed look at how two of Australia's most popular cars compare on price, running costs, safety, and everyday livability.
Specifications and pricing correct at time of publishing. Prices are RRP before on-road costs unless stated otherwise. Always confirm with the manufacturer or dealer before purchasing.

Lexus LM
From $160,888
People Mover
Hybrid
2.5L Petrol-Electric Hybrid (A25A-FXS)
184kW
5.5 L/100km
ANCAP: no data
110L

Mercedes-Benz SL-Class
From $239,900
Convertible
Petrol
Petrol
280kW
9 L/100km
5★ ANCAP
213L
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Price Breakdown
The Lexus LM starts from $160,888 before on-road costs, while the Mercedes-Benz SL-Class opens at $239,900. That makes the Lexus LM the more affordable entry point by $79,012.
Once you factor in stamp duty, registration, CTP insurance, and dealer delivery, expect to add roughly 8-12% on top of the RRP depending on your state. That puts estimated driveaway prices in the ballpark of $176,977 and $263,890 respectively.
Over 5 years, the running costs favour the Lexus LM by roughly $4,985 in fuel alone.
Safety Rundown
ANCAP safety ratings have not been published for both models yet. We will update this section when crash test results are available.
Feature Showdown
The Lexus LM features a 14-inch touchscreen paired with a 12.3-inch digital dash, while the Mercedes-Benz SL-Class gets a 11.9-inch display and 12.3-inch instruments. Apple CarPlay and Android Auto are standard across both.
The Lexus LM stands out with ventilated seats, power tailgate and Mark Levinson audio that you will not find on the Mercedes-Benz SL-Class. The Mercedes-Benz SL-Class counters with head-up display, panoramic roof and Burmester audio. Which feature set matters more depends on your daily routine and priorities.
Drivetrain
The Lexus LM uses a 2.5L Petrol-Electric Hybrid (A25A-FXS) producing 184kW and 239Nm of torque, sent through a cvt to a FWD layout. It covers the 0-100km/h sprint in 9.1 seconds.
The Mercedes-Benz SL-Class responds with a Petrol making 280kW and 480Nm, paired to a automatic driving the rear wheels. It gets to 100km/h in 4.9 seconds.
The Mercedes-Benz SL-Class has the clear power advantage at 280kW vs 184kW. In the real-world sprint, the Mercedes-Benz SL-Class is 4.2s quicker. For most buyers, the way each car feels day-to-day matters more than outright acceleration.
Space & Comfort
The Lexus LM measures 5,130mm long on a 3,000mm wheelbase, 425mm longer than the Mercedes-Benz SL-Class at 4,705mm (2,700mm wheelbase). The longer wheelbase on the Lexus LM generally means more rear legroom.
Boot space is 110L in the Lexus LM and 213L in the Mercedes-Benz SL-Class, giving the Mercedes-Benz SL-Class a 103L advantage. The Lexus LM seats 7 vs 2.
Turning Circle
Kerb-to-kerb diameter. Smaller turns easier in tight carparks and U-turns.
11.6m to 11.8m
Based on 11.8m turning circle:
- U-turn on standard street (7m+ wide)
- Standard parking bay
- Tight carparks
- Narrow laneways
Based on 11.6m turning circle:
- U-turn on standard street (7m+ wide)
- Standard parking bay
- Tight carparks
- Narrow laneways
Turning circle ratings
Compare U-turns side by side
Turning Circle · U-turn compare
kerb-to-kerb, 2 cars0 of 2 clear a 7.0 m street in one sweep
Green cars complete the U-turn; amber need a 3-point turn. Drag the slider to test tighter streets.
Standard widths: AU local streets ~5.5–7 m; main roads ~9–12 m.
True Cost to Own
Based on 15,000km of annual driving, fuel costs roughly $1,568/year for the Lexus LM and $2,565/year for the Mercedes-Benz SL-Class. That is a $997 annual difference in favour of the Lexus LM.
Estimated annual total: $1,568 (Lexus LM) vs $2,565 (Mercedes-Benz SL-Class). The Lexus LM saves you roughly $997 per year in total ownership costs. Use our Fuel Cost Calculator to estimate based on your driving.
Warranty: 5 years (Lexus LM) vs 5 years / 999,999km (Mercedes-Benz SL-Class). Both match on warranty length.
Who Should Buy Which?
Buy the Lexus LM if: You want the lower entry price, want lower running costs, or prefer Lexus's approach to design and ownership experience.
Buy the Mercedes-Benz SL-Class if: You prioritise performance, need more boot space, or prefer Mercedes-Benz's approach to design and ownership experience.
The Verdict
The Mercedes-Benz SL-Class takes 3 of 5 key spec categories. The Lexus LM will save you roughly $997 a year in fuel. If boot space matters, the Mercedes-Benz SL-Class has a clear edge. The best pick depends on what you value most. Explore the full specs for each model below.
Common questions
Which is cheapest, Lexus LM and Mercedes-Benz SL-Class?
The Lexus LM is the cheapest at $160,888 before on-road costs. That undercuts the Mercedes-Benz SL-Class by $79,012.
Which is the most fuel-efficient?
The Lexus LM uses the least fuel at 5.5L/100km on the combined cycle.
Which is safest?
They are evenly matched — Mercedes-Benz SL-Class all hold a 5-star ANCAP rating. Compare the active-safety features above to separate them.
Which has the most boot space?
The Mercedes-Benz SL-Class has the largest boot at 213L.
Which is the most powerful?
The Mercedes-Benz SL-Class makes the most power at 280kW. The Mercedes-Benz SL-Class is quickest to 100km/h in 4.9s.
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Disclaimer: All information in this comparison was believed to be correct at the time of publishing (20 April 2026). Prices are manufacturer recommended retail prices (RRP) and may vary by state, dealer, and options. Driveaway costs include estimated on-road costs for Victoria. Fuel economy figures are WLTP/ADR combined cycle. Specifications can change without notice. Always verify with the manufacturer before making a purchase decision. CarSorted does not accept payment for recommendations.
Auto-generated from CarSorted's specification data · 20 April 2026
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