2020 Lexus IS Reviews, Pricing & Specs

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2020 Lexus IS thumbnail
Kyree Rollerson
Written by Kyree Rollerson

Published June 1, 2022

$38,560 to $44,345

Overview

The Lexus IS arrived on the scene for 2001, and in the intervening 19 years, it’s become quite a mainstay in the compact premium sedan...

The Lexus IS arrived on the scene for 2001, and in the intervening 19 years, it’s become quite a mainstay in the compact premium sedan segment. That category also includes the Audi A4 and S4, BMW 3 Series, and Mercedes-Benz C-Class, so there’s stiff competition. For 2020, there are just light changes and a new special-edition model.

As before, Lexus sells the IS in IS 300 and IS 350 guises. The IS 300 comes standard with rear-wheel drive (RWD) and a 2.0-liter four-cylinder engine that delivers 241 horsepower and 258 pound-feet of torque. When equipped with all-wheel drive (AWD), however, the IS 300 instead gets a 3.5-liter V6 with 260 hp and 236 lb-ft. Meanwhile, the IS 350 packs a beefier version of that 3.5-liter V6, with a stout 311 hp and 280 lb-ft and either standard RWD or optional AWD. RWD versions of the IS 300 and IS 350 get an eight-speed automatic transmission, while AWD versions make do with a six-speed automatic transmission. In addition, there’s an F Sport model at every level that gets you a sport-tuned suspension, different wheels, an aerodynamic kit, and, for the IS 350 RWD, a limited-slip differential. Fuel economy measures as high as 21 mpg city, 30 highway, and 24 combined on premium fuel, for the IS 300 RWD.

Even the most basic IS comes standard with 18-inch wheels, LED headlights, auto-dimming mirrors, keyless access and start, dual-zone automatic climate control, leatherette, an 8-inch infotainment system with Apple CarPlay and Android Auto connectivity, a 10-speaker audio system, and Wi-Fi hotspot capability. You can add a sunroof, heated and cooled seats, a 17-speaker Mark Levinson sound system, genuine leather upholstery, uprated LED headlights, and a 10.3-inch infotainment system with navigation.

For 2020, there’s a new Black Line special edition, available for both the IS 300 and IS 350 and in RWD and AWD. It builds upon the F Sport trim with white, black, or blue paint, black-chrome F Sport wheels, a black grille insert, black exterior mirrors, a black leatherette interior with gray accents and indigo stitching, a heated indigo wood steering wheel, and indigo accents on the door switch panels and glove box. Lexus plans to offer just 900 Black Line units for 2020.

Unlike many of its competitors, the IS comes with a full set of standard safety features, including a rear-view camera, forward-collision warning, automatic emergency braking with pedestrian detection, adaptive cruise control, and blind-spot monitoring. You can add a surround-view camera system or an automated parking assistant. The Insurance Institute for Highway Safety (IIHS) gave the IS excellent crash scores as recently as this year.

The Lexus IS represents excellent value, choice, and style within the compact premium sedan market.

What owners say

4.7
3 reviews
5
4
3
2
1

Amazing feature, awesome look and drives like a new car

October 15, 2026

Great value, roomy luxurious, and sporty. Nimble handling, smooth ride.

December 3, 2023

Beautiful car nice luxury ride and dependable and comfortable. Price is in line with other luxury brands.

August 14, 2023

Trims & specs

350 RWD specifications

Base MSRP

$42,180

Seating

5

Engine

3.5L 311 hp V6

Cargo Capacity

10.8 cu ft

Combined MPG

24

Drivetrain

RWD

300 AWD specifications

Base MSRP

$41,010

Seating

5

Engine

3.5L 260 hp V6

Cargo Capacity

10.8 cu ft

Combined MPG

21

Drivetrain

AWD

300 RWD specifications

Base MSRP

$38,560

Seating

5

Engine

2.0L 241 hp I4

Cargo Capacity

10.8 cu ft

Combined MPG

25

Drivetrain

RWD

350 AWD specifications

Base MSRP

$44,345

Seating

5

Engine

3.5L 311 hp V6

Cargo Capacity

10.8 cu ft

Combined MPG

22

Drivetrain

AWD

Pricing trends

MSRP range

$38,560 - $44,345

Current avg. market price

$26,203

Trending down by 3.7% this month

May 2026 - November 2026

See full price trends

$38,560 to $44,345