Used 2020 Lexus IS for Sale nearMemphis, TN
54 vehicles found
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2021
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Ultra White
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Flare Red w/Black
- Transmission:
- 6-Speed Automatic
- Mileage:
- 27,115
- Stock #:
- M5022908A
- VIN:
- JTHGZ1E21M5022908
Sponsored Listing
2021 Lexus IS
350 F Sport AWD
27,115 mi
Collierville, TN
20 mi away
Good Deal
$40,780
- Year:
- 2021
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Black
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Red
- Transmission:
- Automatic
- Mileage:
- 69,840
- Stock #:
- 28884302
- VIN:
- JTHCA1D24M5116160
New arrival
2021 Lexus IS
300 RWD
69,840 mi
Store transfer to Memphis, TN
Price includes $649 shipping
Fair Deal
$30,647
- Year:
- 2021
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- White
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 38,593
- Stock #:
- 70096193
- VIN:
- JTHCA1D26M5113521
2021 Lexus IS
300 RWD
38,593 mi
Store transfer to Memphis, TN
Price includes $299 shipping
Fair Deal
$33,297
- Year:
- 2019
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 260 hp 3.5L V6
- Exterior color:
- Ultra White
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Automatic
- Mileage:
- 49,957
- Stock #:
- K19607C
- VIN:
- JTHC81D29K5035437
New arrival
2019 Lexus IS
300 AWD
49,957 mi
Home delivery from Palatine, IL
Price includes $497 shipping
Fair Deal
$29,832
- Year:
- 2021
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Ultra White
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Flare Red w/Black
- Transmission:
- 6-Speed Automatic
- Mileage:
- 27,115
- Stock #:
- M5022908A
- VIN:
- JTHGZ1E21M5022908
2021 Lexus IS
350 F Sport AWD
27,115 mi
Collierville, TN
20 mi away
Good Deal
$40,780
- Year:
- 2019
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- White
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 60,711
- Stock #:
- 27883536
- VIN:
- JTHBA1D25K5092427
2019 Lexus IS
300 RWD
60,711 mi
Store transfer to Memphis, TN
Price includes $249 shipping
Good Deal
$26,247
- Year:
- 2019
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 260 hp 3.5L V6
- Exterior color:
- Gray
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (TAN)
- Transmission:
- Automatic
- Mileage:
- 79,000
- Stock #:
- 28866456
- VIN:
- JTHC81D20K5036914
2019 Lexus IS
300 AWD
79,000 mi
Store transfer to Memphis, TN
Price includes $699 shipping
Fair Deal
$27,697
- Year:
- 2020
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Silver
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 77,245
- Stock #:
- 70077520
- VIN:
- JTHGZ1B23L5037008
2020 Lexus IS
350 RWD
77,245 mi
Store transfer to Memphis, TN
Price includes $249 shipping
Fair Deal
$32,247
- Year:
- 2019
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 260 hp 3.5L V6
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 85,604
- Stock #:
- 5037270
- VIN:
- JTHC81D29K5037270
2019 Lexus IS
300 AWD
85,604 mi
Home delivery from Orlando, FL
Price includes $1,023 shipping
Great Deal
$24,417
- Year:
- 2019
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 260 hp 3.5L V6
- Exterior color:
- White
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Red
- Transmission:
- 6-Speed Automatic
- Mileage:
- 60,276
- Stock #:
- C10509A
- VIN:
- JTHC81D21K5038008
2019 Lexus IS
300 AWD
60,276 mi
Home delivery from Syracuse, NY
Price includes $1,389 shipping
Fair Deal
$30,000
- Year:
- 2021
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Black
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Red
- Transmission:
- 6-Speed Automatic
- Mileage:
- 106,906
- Stock #:
- 020563
- VIN:
- JTHGZ1E25M5020563
2021 Lexus IS
350 F Sport AWD
106,906 mi
Home delivery from Murfreesboro, TN
Price includes $204 shipping
Fair Deal
$30,449
- Year:
- 2021
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Atomic Silver
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black w/Black Metallic Trim
- Transmission:
- Automatic
- Mileage:
- 53,908
- Stock #:
- M5112892
- VIN:
- JTHCA1D23M5112892
2021 Lexus IS
300 RWD
53,908 mi
Home delivery from Dallas, TX
Price includes $422 shipping
Fair Deal
$32,142
- Year:
- 2020
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Black
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Red
- Transmission:
- Automatic
- Mileage:
- 26,865
- Stock #:
- 102114
- VIN:
- JTHAA1D25L5102113
2020 Lexus IS
300 RWD
26,865 mi
Home delivery from Ontario, CA
Price includes $2,356 shipping
Fair Deal
$31,436
CarGurus Analysis:
2020 Lexus IS
With 403 currently listed for sale and an average price of $28,490.00, 28.0% of 2020 Lexus IS models for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2020 Lexus IS 4.5 / 5 stars.
65.0% of 2020 Lexus IS models on CarGurus are accident free.
- Year:
- 2021
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Ultra White
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- White W/Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 16,130
- Stock #:
- LM5045028T
- VIN:
- JTHGZ1B23M5045028
2021 Lexus IS
350 F Sport RWD
16,130 mi
Home delivery from North Miami, FL
Price includes $1,296 shipping
Fair Deal
$45,172
- Year:
- 2020
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Ultra White
- Fuel type:
- Gasoline
- Interior color:
- Chateau
- Transmission:
- 8-Speed Dual Clutch
- Mileage:
- 125,822
- Stock #:
- 1TC6032C
- VIN:
- JTHGZ1B26L5036824
New arrival
2020 Lexus IS
350 RWD
125,822 mi
Home delivery from Greensboro, NC
Price includes $801 shipping
Good Deal
$25,250
- Year:
- 2019
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Black
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (TAN)
- Transmission:
- Automatic
- Mileage:
- 64,946
- Stock #:
- 70093261
- VIN:
- JTHBA1D27K5099167
New arrival
2019 Lexus IS
300 RWD
64,946 mi
Store transfer to Memphis, TN
Price includes $699 shipping
Good Deal
$24,697
- Year:
- 2019
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 260 hp 3.5L V6
- Exterior color:
- Atomic Silver
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 80,063
- Stock #:
- 4335
- VIN:
- JTHC81D28K5037874
2019 Lexus IS
300 AWD
80,063 mi
Home delivery from Crestwood, IL
Price includes $842 shipping
Fair Deal
$26,205
- Year:
- 2020
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Silver
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Rioja Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 31,569
- Stock #:
- 106750
- VIN:
- JTHGA1D28L5106750
2020 Lexus IS
300 RWD
31,569 mi
Home delivery from Snellville, GA
Price includes $526 shipping
Fair Deal
$32,124
- Year:
- 2020
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- NEBULA GRAY PEARL
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 89,047
- Stock #:
- 6104237
- VIN:
- JTHAA1D2XL5102138
2020 Lexus IS
300 RWD
89,047 mi
Home delivery from Jacksonville, FL
Price includes $594 shipping
Fair Deal
$25,388
- Year:
- 2019
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Gray
- Fuel type:
- Gasoline
- Transmission:
- 8-Speed Dual Clutch
- Mileage:
- 57,964
- Stock #:
- 096070
- VIN:
- JTHBA1D2XK5096070
2019 Lexus IS
300 RWD
57,964 mi
Home delivery from Smyrna, TN
Price includes $204 shipping
Fair Deal
$29,098
- Year:
- 2019
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 47,138
- Stock #:
- 5095600
- VIN:
- JTHBA1D28K5095600
New arrival
2019 Lexus IS
300 RWD
47,138 mi
Home delivery from Orlando, FL
Price includes $1,023 shipping
Good Deal
$28,820
- Year:
- 2021
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Atomic Silver
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black w/Black Geometric Trim
- Transmission:
- Automatic
- Mileage:
- 122,272
- Stock #:
- 040470
- VIN:
- JTHGZ1B24M5040470
2021 Lexus IS
350 F Sport RWD
122,272 mi
Home delivery from Orlando, FL
Price includes $1,020 shipping
Fair Deal
$30,412
- Year:
- 2021
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- White
- Fuel type:
- Gasoline
- Interior color:
- Red
- Transmission:
- 8-Speed Dual Clutch
- Mileage:
- 68,817
- Stock #:
- 043333
- VIN:
- JTHGZ1B29M5043333
2021 Lexus IS
350 F Sport RWD
68,817 mi
Home delivery from Plano, TX
Price includes $408 shipping
Fair Deal
$38,548
CarGurus Analysis: 2020 Lexus IS
Summary
With 403 currently listed for sale and an average price of $28,490.00, 28.0% of 2020 Lexus IS models for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2020 Lexus IS 4.5 / 5 stars.
65.0% of 2020 Lexus IS models on CarGurus are accident free.
Why it stands out
The 2020 Lexus IS continues to uphold its reputation as a fun-to-drive sports sedan, appealing particularly to younger buyers with its compact size and relatively affordable price point. This model year is part of the IS's third generation, which has seen significant updates over the years, including a recent facelift that introduced modern technology and design elements. The IS is known for its engaging driving dynamics, easy-to-use technology, and standard advanced safety features, making it a strong contender against rivals like the BMW 3 Series and Audi A4. However, potential buyers should note that the rear seating space is limited, making it less suitable for families. Overall, the 2020 Lexus IS offers a compelling blend of luxury, performance, and reliability.
Other model years to consider
- Average price: $38,421.00
- Good/great deal percentage: 35.7%
- User rating: 5 / 5
- Total listings: 1,006
- Average price: $41,974.00
- Good/great deal percentage: 37.6%
- User rating: 4.8 / 5
- Total listings: 1,279
- Average price: $44,071.00
- Good/great deal percentage: 38.6%
- Total listings: 1,441
This analysis is based on CarGurus' proprietary market data from July 13, 2026, CarGurus experts' opinions, and generative AI.
4.5 Overall rating
Filter by rating
Malena M
Reviewed a 2020 Lexus IS on Dec 3, 2023
Great value, roomy luxurious, and sporty. Nimble handling, smooth ride.
Is this review helpful?
Sean M
Reviewed a 2020 Lexus IS on Aug 14, 2023
Beautiful car nice luxury ride and dependable and comfortable. Price is in line with other luxury brands.
Is this review helpful?
2020 Lexus IS Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2020 Lexus IS prices has changed over time.
See more price trendsAVG Price
$28,514
2.4%
2020 Lexus IS
Index Price
$29,124
0.6%
All used vehicles
2020 Lexus IS Pricing Analysis
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest Prices in Houston: The city of Houston, TX ($30,497) has the highest average price, likely reflecting a strong demand for luxury vehicles in the area.
- Lowest Prices in Miami: Miami, FL ($24,322) offers the lowest average price, indicating a more price-sensitive market or higher inventory turnover.
- Inventory Variation: Cities like Los Angeles (84 listings) and New York (63 listings) have higher inventory levels, which may contribute to more competitive pricing compared to cities with fewer listings.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Houston, TX | 58 | $30,497 |
| New York, NY | 63 | $29,546 |
| Chicago, IL | 50 | $28,295 |
| Dallas, TX | 57 | $28,116 |
| Washington, DC | 56 | $26,389 |
| Boston, MA | 58 | $25,992 |
| Atlanta, GA | 58 | $24,842 |
| Los Angeles, CA | 84 | $26,936 |
| Miami, FL | 49 | $24,322 |
Pricing by Trim Packages
Key Insights
- RWD Trims Dominate Inventory: The 300 RWD (535 listings) is the most common trim, indicating strong demand for rear-wheel drive configurations.
- Price Range Across Trims: The 300 RWD has an MSRP of $38,560, while the 350 AWD is priced at $44,345, showing a significant markup for all-wheel drive and higher performance features.
- Feature-Rich Premium Trims: The 350 AWD trim, while having the lowest inventory, offers premium features that justify its higher price point.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| 300 RWD | 535 | $38,560 | RWD | 2.0L 241 hp I4 |
| 300 AWD | 257 | $41,010 | AWD | 3.5L 260 hp V6 |
| 350 RWD | 82 | $42,180 | RWD | 3.5L 311 hp V6 |
| 350 AWD | 38 | $44,345 | AWD | 3.5L 311 hp V6 |
Pricing Analysis by Model Year
Key Insights
- Newer Models Command Premium Prices: The 2026 Lexus IS is priced at $54,766, reflecting a 20.4% increase over its MSRP, indicating strong demand for the latest model.
- Significant Depreciation for Older Models: The 2019 Lexus IS shows a steep decline, with an average price of $25,577, representing a -33.5% depreciation from its original MSRP.
- Best Value in Recent Models: The 2022 Lexus IS is priced at $38,353, only -1.9% below MSRP, making it a compelling option for buyers seeking value without sacrificing modern features.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Lexus IS | $45,500 | $54,766 | +20.4% |
| 2025 Lexus IS | $40,535 | $48,366 | +19.4% |
| 2024 Lexus IS | $40,085 | $44,892 | +12.0% |
| 2023 Lexus IS | $40,085 | $42,176 | +5.2% |
| 2022 Lexus IS | $39,125 | $38,353 | -1.9% |
| 2021 Lexus IS | $39,050 | $35,436 | -9.0% |
| 2019 Lexus IS | $38,560 | $25,577 | -33.5% |
| 2018 Lexus IS | $38,210 | $23,449 | -38.7% |
| 2017 Lexus IS | $37,825 | $20,698 | -45.3% |
| 2016 Lexus IS | $37,325 | $18,705 | -50.0% |
| 2015 Lexus IS | $36,550 | $17,720 | -51.6% |
| 2014 Lexus IS | $36,100 | $16,113 | -55.3% |
These recommendations are based on CarGurus' proprietary market data from July 9, 2026, CarGurus experts' opinions, and generative AI.
FAQs
How much does the 2020 Lexus IS cost in Memphis, TN?
The average 2020 Lexus IS costs about $28,514.36. The average price has increased by 5.9% since last year. The 54 for sale near Memphis, TN on CarGurus, range from $18,846 to $45,172 in price.
How many 2020 Lexus IS vehicles in Memphis, TN have no reported accidents or damage?
53 out of 54 for sale near Memphis, TN have no reported accidents or damage.
What is the fuel economy of the 2020 Lexus IS?
Depending on the engine and options, the 2020 Lexus IS gets between 20 and 25 MPG (or EV battery range).
What fuel types are available?
Gasoline engines are available.
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Best Lexus Deals in July 2026
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2026 Lexus IS Pricing, Specs, and Release Date
The Lexus IS gets a refresh for 2026 with new styling touches, a bigger infotainment display and instrument cluster, and retuned driving dynamics.
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