Used 2022 Lexus IS for Sale nearChicago, IL

How much does the 2022 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 974 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2022 Lexus IS a good car?

Yes — the 2022 Lexus IS earns a 5/5 user rating and an 8.17/10 expert rating. The standout strength is Technology at 10/10.

Owners commonly praise its luxurious feel, quiet ride, and reliable performance, and many also like the powerful V6 engine and all-wheel drive. On the downside, the expert review points to not much cargo space and a noisy cabin, and it also calls out poor value for money.

That makes the 2022 IS a strong fit if you want a compact luxury sports sedan with character, especially if driving enjoyment matters more to you than maximum practicality. Good and great deals account for 35.1% of listings, so there is some room to shop selectively.

Is the 2022 Lexus IS reliable?

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

The owner feedback points to reliable performance, and reviewers also describe it as a car you can count on. The expert evaluation reinforces that impression by describing the car as delivering comfort, quality, and dependability in daily driving.

If you plan to buy used, the main long-term ownership risk is less about basic durability and more about whether the car has been maintained well and driven in a way that matches its performance focus.

What should I look for when buying a used 2022 Lexus IS?

Accident-free inventory is solid at 80.8% — always verify the vehicle history report.

You should still run a history report on any car you’re considering, even if the listing looks clean. After that, prioritize a pre-purchase inspection so you can check for wear, prior repairs, and any signs that the car has been driven hard. Pay close attention to cabin condition, tire wear, brake feel, and whether the electronics and driver-assistance features work as expected.

Key things to evaluate:

• Trim level: The Premium trim adds triple-beam headlights, a navigation system, a surround-view monitoring system, a 17-speaker Mark Levinson premium sound system, and a power rear window shade, while the base setup is more limited.
• Powertrain: The lineup includes a 5.0-liter V8 with 472 hp and 395 lb-ft of torque, paired with an eight-speed automatic and rear-wheel drive.
• Safety package: Lexus Safety System+ 2.5 is standard, with lane-departure warning, adaptive cruise control with lane-centering assistance, and collision-prevention technology. Some functions can be overly aggressive in certain traffic and road conditions.
• Infotainment: Standard equipment includes an 8-inch touchscreen, Apple CarPlay, Android Auto, Amazon Alexa, and SiriusXM satellite radio. Premium trim adds a 10.3-inch touchscreen and navigation.
• Fuel efficiency: The car is rated at 20 mpg in combined driving, and the evaluation returned 17.7 mpg.

Which 2022 Lexus IS trim should I buy?

The 2022 Lexus IS is offered in 1 trim level: IS 500 F Sport Performance.

Here's the short version:

The IS 500 F Sport Performance is the one to buy if you want the full V8 experience and the strongest performance character in the lineup. It brings the 472-hp 5.0-liter V8, rear-wheel drive, an eight-speed automatic, a limited-slip differential, adaptive variable suspension, and a Yamaha rear performance damper. It suits you best if you care more about driving excitement than bargain pricing or maximum practicality.

The safety package is standard across the model, so you do not need to move up for core driver-assistance coverage.

Is now a good time to buy a used 2022 Lexus IS?

This is a moderate market for selective buyers, so you can shop carefully and still find worthwhile listings.

• Deal availability: 35.1% of listings are priced as good or great deals.
• Inventory: There are 974 listings available.
• Price trend: Prices have held steady compared with last year.
• Clean inventory: 80.8% of listings are accident-free.

If you find a listing below $37,253, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2022 Lexus IS's resale value?

The current average of $37,691 sits slightly below last year's $37,927.

That small decline suggests the market has been fairly stable rather than volatile. For you as a future seller, that usually means pricing power is more likely to depend on condition, mileage, and equipment than on a big model-year swing.

Because the current average is still close to last year’s level, a well-kept example should remain relatively easy to position competitively. Strong presentation and a clean history will matter a lot if you want to protect value.

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

Is the 2022 Lexus IS safe?

The 2022 Lexus IS earns the highest overall rating of “Top Safety Pick+” from IIHS and a five-star overall rating from NHTSA. It earns five-star ratings for rollover resistance, and it receives a four-star frontal-impact collision rating for the driver and front passenger.

It earns an 8/10 safety score from our experts.

Lexus Safety System+ 2.5 is standard, bringing lane-departure warning, adaptive cruise control with lane-centering assistance, collision warning, and collision-prevention technology. The expert review also notes that some of these systems can be overly aggressive in tighter curves and in low-speed traffic.

Should I buy a 2022 Lexus IS or consider a different year?

If you're weighing the 2022 against nearby model years, here's how to think about it:

Choose the 2022 if:

• 35.1% of listings are priced as good or great deals.
• Accident-free inventory is solid at 80.8% — always verify the vehicle history report.
• Price trend: Prices have held steady compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• The 2022 brings a notable performance boost, including the debut of the IS 500 F Sport Performance.

Consider the 2021 if:

• At $34,775, the 2021 costs less than the current year's $37,691 average.
• It targets enthusiast drivers with a sharper sense of purpose.

The bottom line: If you want the stronger performance story and can stretch for the newer model, the 2022 is the better pick. If your priority is saving money up front, the 2021 is the more budget-friendly path and still delivers the core Lexus IS character.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.