How much does the 2016 Lexus IS cost?

Prices are up 1.21% year-over-year — a sign of continued demand for this model year.

There are 681 listings available, which gives you a meaningful pool to compare before you buy.

If you find a listing below $17,664.89, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Lexus IS a good car?

Yes — the 2016 Lexus IS earns a 4.9/5 user rating, which points to strong owner satisfaction. Owners consistently praise the performance, comfort, and stylish design, and many also highlight the luxury feel and reliability. That makes sense if you want a compact luxury sedan that feels engaging rather than purely soft, especially if you value a sporty personality and a premium cabin over maximum space. With 22.3% of listings marked as good or great deals, you still have room to shop selectively.

Is the 2016 Lexus IS reliable?

Owners rate it 4.9/5, a strong signal of long-term satisfaction.

User feedback also emphasizes reliability, with owners describing the car as dependable and enjoyable to live with over time. The praise for the luxury feel and the way the car holds up in daily use suggests this is a model many buyers can count on. For used shoppers, that usually means lower ownership anxiety if you choose a well-kept example with a clean service history.

What should I look for when buying a used 2016 Lexus IS?

At 43.9% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report and confirm whether any reported damage was minor or structural. Then prioritize a pre-purchase inspection so you can check for signs of uneven wear, repair quality, and any issues that might not show up in photos. Because this model is valued for its sporty feel and premium character, condition matters a lot more than simply finding the lowest price.

Is now a good time to buy a used 2016 Lexus IS?

This looks like a moderate, selective buyer’s market, so you can shop patiently but should move quickly on the best examples.

• Deal availability: 22.3% of listings are priced as good or great deals.
• Inventory: There are 681 listings available.
• Price trend: Prices are up 1.21% year-over-year.
• Clean inventory: 43.9% of listings are accident-free.

If you find a listing below $17,664.89, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Lexus IS's resale value?

The current average of $18,816 sits slightly above last year's $18,591.

That modest increase suggests the market has remained supportive of this model year, which is a good sign if you plan to sell later. A stable-to-rising price trend can help protect your exit value, especially when demand stays steady for a sporty luxury sedan. Strong owner satisfaction also tends to keep interest healthy in the used market.

Vehicles with strong owner satisfaction ratings, like this model year's 4.9/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Lexus IS or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 22.3% of listings are priced as good or great deals.
• At 43.9% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices are up 1.21% year-over-year.
• Owners rate it 4.9/5 — a strong satisfaction signal.

Consider the 2015 if:

• At $17,558, the 2015 costs less than the current year's $18,816 average.
• It offers sporty engagement with strong value for buyers who prioritize driving feel.

The bottom line: If you want the stronger current-market balance of demand, satisfaction, and pricing, the 2016 is the better default choice. If your priority is saving money upfront, the 2015 is the smarter alternative, especially if you find one in excellent condition.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.