Summary

• With 1,210 currently listed for sale and an average price of $42,236.00, 32.7% of 2023 Lexus IS models for sale on CarGurus are rated as good or great deals.

• Favorably reviewed: Owners rated the 2023 Lexus IS 4.8 / 5 stars.

• 86.7% of 2023 Lexus IS models on CarGurus are accident free.

• The 2023 Lexus IS is celebrated for its sporty design, smooth performance, and luxurious interior, while also offering great handling and good value for money.

Why it stands out

The 2023 Lexus IS retains its appeal with a compelling combination of sporty dynamics and luxury. As the entry-level model in Lexus's lineup, it attracts younger buyers seeking a compact yet luxurious sedan. Recent updates have solidified its competitiveness in the segment, particularly against rivals like the BMW 3 Series and the Audi A4. A key highlight of the 2023 model is its advanced tech features and stylish design, marking its continued evolution through multiple generations. While its interior is luxurious, buyers should be mindful of the tight rear seating, which may not accommodate families comfortably. Overall, the 2023 Lexus IS offers a great blend of performance and luxury, making it a standout choice for those looking to invest in a used luxury sedan.

Other model years to consider

• 2022 Lexus IS

  • Average price: $38,749.00
  • Good/great deal percentage: 32.0%
  • User rating: 5 / 5
  • Total listings: 967

• 2024 Lexus IS

  • Average price: $44,177.00
  • Good/great deal percentage: 33.5%
  • Accident-free percentage: 89.5%
  • Total listings: 1,279

• 2015 Lexus IS

  • Average price: $17,419.00
  • Good/great deal percentage: 26.7%
  • User rating: 4.56 / 5
  • Total listings: 731

This analysis is based on CarGurus' proprietary market data from June 1, 2026, CarGurus experts' opinions, and generative AI.