Used 2016 Lexus IS for Sale nearProvidence, RI

How much does the 2016 Lexus IS cost?

Prices have held steady compared to this time last year, signaling a stable and predictable market for this model year.

There are 678 listings available, which gives you a moderate amount of inventory to compare before you buy.

Is the 2016 Lexus IS a good car?

Yes — the 2016 Lexus IS earns a 4.9/5 user rating, which points to very strong owner satisfaction. Owners consistently praise the performance, comfort, and stylish design, and many also highlight the luxury feel and reliability. That fits the model’s role as a compact luxury sports sedan for you if you want a premium cabin and an engaging drive without moving up to a larger sedan. With 29.5% of listings marked as good or great deals, you still have some room to shop selectively.

Is the 2016 Lexus IS reliable?

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

The review summary also emphasizes reliability, dependable ownership, and a car many drivers feel good about keeping for the long term. That makes this a reassuring choice if you want a used luxury sedan you can count on, though you should still verify condition carefully because individual examples can vary.

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

At 39.7% 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 prior damage was repaired properly. Put inspection priority on body panels, paint consistency, alignment, and signs of uneven wear that could point to past collision work. Because this model is valued for its premium feel and driving character, you should focus on overall condition as much as mileage and price.

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

This is a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile listings.

• Deal availability: 29.5% of listings are priced as good or great deals.
• Inventory: There are 678 listings available.
• Price trend: Prices have held steady compared with last year.
• Clean inventory: 39.7% of listings are accident-free.

If you find a listing below $17,634, 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 $18,177 sits slightly below last year's $18,350.

That small decline suggests the market has been fairly stable rather than sharply weakening. If you buy well and keep the car in strong condition, you should have a reasonable path to preserving value. The model’s strong owner satisfaction also helps support demand when it’s time to sell.

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:

• 29.5% of listings are priced as good or great deals.
• At 39.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have held steady compared with last year.
• Owners rate it 4.9/5 — a strong satisfaction signal.

Consider the 2015 if:

• At $17,390, the 2015 costs less than the current year's $18,177 average.
• It emphasizes driving enjoyment and value while still delivering quality and refinement.

The bottom line: You should lean toward the 2016 if you want the stronger overall market position and a model year with excellent owner satisfaction. If your priority is saving money upfront, the 2015 is the better value-oriented alternative, especially if you find one in clean condition.

How does the 2016 Lexus IS compare to the 2016 BMW 3 Series?

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.