Used 2023 Lexus IS for Sale nearFort Lauderdale, FL
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- White Pearl
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Glazed Caramel
- Transmission:
- 8-Speed Automatic
- Mileage:
- 23,892
- Stock #:
- 2812209A
- VIN:
- JTHCA1D23P5125470


Sponsored by Bomnin Chevrolet Dadeland
2023 Lexus IS
300 RWD
23,892 mi
$34,988
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Blue
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown
- Transmission:
- 8-Speed Automatic
- Mileage:
- 26,574
- Stock #:
- LP10501
- VIN:
- JTHCA1D23R5129148

Sponsored Listing
2024 Lexus IS
300 RWD
26,574 mi
$36,098
- Year:
- 2023
- 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:
- Circuit Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 23,776
- Stock #:
- 1325799A
- VIN:
- JTHGZ1B20P5069601

Sponsored Listing
2023 Lexus IS
350 F SPORT RWD
23,776 mi
$41,488
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Eminent White Pearl
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Rioja Red
- Transmission:
- Automatic
- Mileage:
- 32,464
- Stock #:
- R5129213
- VIN:
- JTHCA1D2XR5129213

-$959
2024 Lexus IS
300 RWD
32,464 mi
$36,253
$35,294
- Year:
- 2023
- 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:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Glazed Caramel
- Transmission:
- Automatic
- Mileage:
- 40,078
- Stock #:
- N37510B
- VIN:
- JTHCA1D26P5127732

2023 Lexus IS
300 RWD
40,078 mi
$34,604
- Year:
- 2023
- 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:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Rioja Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 31,012
- Stock #:
- U40758
- VIN:
- JTHDA1D27P5126710

2023 Lexus IS
300 RWD
31,012 mi
$34,371
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Black (Caviar)
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Rioja Red
- Transmission:
- Automatic
- Mileage:
- 20,175
- Stock #:
- L101673A
- VIN:
- JTHBZ1B22R5081231

2024 Lexus IS
350 F Sport Design RWD
20,175 mi
$41,571
- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Iridium
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Glazed Caramel
- Transmission:
- 8-Speed Automatic
- Mileage:
- 41,810
- Stock #:
- 26558101
- VIN:
- JTHBZ1B22P5071280

2023 Lexus IS
350 F SPORT Design RWD
41,810 mi
$37,175
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- White Pearl
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 11,711
- Stock #:
- U130986
- VIN:
- JTHCA1D24R5130986

-$1,273
2024 Lexus IS
300 RWD
11,711 mi
$38,481
$37,208
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Infra Red
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 36,407
- Stock #:
- N37898A
- VIN:
- JTHBZ1B28R5073179

2024 Lexus IS
350 F Sport Design RWD
36,407 mi
$37,629
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Black (Caviar)
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 9,655
- Stock #:
- L101231A
- VIN:
- JTHGZ1B21R5076799

2024 Lexus IS
350 F Sport RWD
9,655 mi
$46,618
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Infrared
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 27,874
- Stock #:
- R5072722
- VIN:
- JTHBZ1B29R5072722

2024 Lexus IS
350 F Sport Design RWD
27,874 mi
$37,248
- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 27,823
- Stock #:
- 5068361
- VIN:
- JTHGZ1B21P5068361

2023 Lexus IS
350 F SPORT RWD
27,823 mi
$38,500
CarGurus Analysis:
2023 Lexus IS
With 242 currently listed for sale and an average price of $41,374, 31.4% of 2023 Lexus IS listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Lexus IS 4.8 / 5 stars.
90.5% of 2023 Lexus IS listings on CarGurus are accident free.
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- White Pearl
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Rioja Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 11,817
- Stock #:
- N38010A
- VIN:
- JTHCA1D27R5131842

2024 Lexus IS
300 RWD
11,817 mi
$37,165
- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 28,614
- Stock #:
- 5069825
- VIN:
- JTHGZ1B20P5069825

2023 Lexus IS
350 F SPORT RWD
28,614 mi
$40,250
- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Black (Caviar)
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 23,893
- Stock #:
- L101469A
- VIN:
- JTHDA1D29P5128393

-$1,972
2023 Lexus IS
300 RWD
23,893 mi
$37,455
$35,483
- Year:
- 2024
- 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:
- Rioja Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 13,638
- Stock #:
- C2250700
- VIN:
- JTHBZ1B28R5077040

2024 Lexus IS
350 F Sport Design RWD
13,638 mi
$42,286
- Year:
- 2023
- 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:
- Circuit Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 4,865
- Stock #:
- N37818A
- VIN:
- JTHGZ1B24P5069309

2023 Lexus IS
350 F SPORT RWD
4,865 mi
$44,541
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Black (Caviar)
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 22,706
- Stock #:
- CS080234
- VIN:
- JTHGZ1B26R5080234

2024 Lexus IS
350 F Sport RWD
22,706 mi
$42,969
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- White Pearl
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Glazed Caramel
- Transmission:
- Automatic
- Mileage:
- 6,838
- Stock #:
- L101581A
- VIN:
- JTHCA1D20R5131939

2024 Lexus IS
300 RWD
6,838 mi
$39,718
- Year:
- 2023
- 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
- Transmission:
- Automatic
- Mileage:
- 29,926
- Stock #:
- 5128576
- VIN:
- JTHDA1D26P5128576

2023 Lexus IS
300 RWD
29,926 mi
$34,000
- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Infrared
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 23,557
- Stock #:
- 071174C01
- VIN:
- JTHGZ1B26P5071174

2023 Lexus IS
350 F SPORT RWD
23,557 mi
$39,630
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- White
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 24,620
- Stock #:
- 5080028
- VIN:
- JTHBZ1B20R5080028

Sponsored Listing
2024 Lexus IS
350 F Sport Design RWD
24,620 mi
$39,500
CarGurus Analysis: 2023 Lexus IS

Summary
With 242 currently listed for sale and an average price of $41,374, 31.4% of 2023 Lexus IS listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Lexus IS 4.8 / 5 stars.
90.5% of 2023 Lexus IS listings on CarGurus are accident free.
Why it stands out
The 2023 Lexus IS stands out as a compact luxury sports sedan with a long reputation for being fun to drive, and it remains the entry-level model in the Lexus lineup. It appeals to younger buyers with its comparatively low price point and compact proportions, while also carrying the brand’s reputation for reliability. For shoppers who want a sedan that feels more athletic than purely practical, that combination is a big part of its appeal.
By 2023, the IS was part of the third generation, which had already picked up a significant refresh for the 2021 model year. That update brought Apple CarPlay and Android Auto to the infotainment system, along with a touchscreen display, standard NuLuxe synthetic leather seats, an eight-inch infotainment screen, passive entry, push-button start, dual automatic climate controls, 18-inch wheels, and standard Lexus Safety System+ with features such as automatic emergency braking, pedestrian detection, lane departure warning, adaptive cruise control, automatic high beams, and lane-trace assist. Blind spot monitoring and rear cross-traffic alert were also standard for that year, and available equipment included a 17-speaker Mark Levinson premium audio system, a power moonroof, and a 10.3-inch infotainment screen with navigation. The 2022 arrival of the IS 500 F Sport Performance also added a 5.0-liter V8 with 472 hp and a 0-60 mph time of 4.4 seconds, giving the lineup a serious performance halo.
The tradeoffs are familiar ones for the IS. It is well suited to young professionals or drivers who rarely carry passengers, because the back seat is really tight, and it also has not much cargo space. Owners tend to praise its sporty design, smooth performance, luxurious interior, and handling, though some note that the sound system could be better. That mix of style, driving enjoyment, and premium feel helps explain why the 2023 Lexus IS remains distinctive even if it is not the roomiest choice in its class.
Other model years to consider
- 2022 Lexus IS
- Average price: $36,630
- Good/great deal percentage: 30.1%
- User rating: 5 / 5
- Total listings: 143
- 2024 Lexus IS
- Average price: $39,265
- Good/great deal percentage: 41.1%
- Total listings: 209
- 2025 Lexus IS
- Average price: $42,241
- Good/great deal percentage: 31.9%
- Total listings: 226
Similar models to consider
- 2023 BMW 3 Series
- Average price: $33,676
- Good/great deal percentage: 38.8%
- User rating: 5 / 5
- Total listings: 245
- 2023 Audi A4
- Average price: $27,242
- Good/great deal percentage: 31.4%
- User rating: 4 / 5
- Total listings: 51
- 2023 Mercedes-Benz C-Class
- Average price: $32,560
- Good/great deal percentage: 39.5%
- User rating: 5 / 5
- Total listings: 276
This analysis is based on CarGurus' proprietary market data from October 5, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
4.8 Overall rating
Filter by rating
Joseph V
Reviewed a 2023 Lexus 350 F SPORT AWD on Jan 27, 2025
Car is immaculate, runs smooth, beautiful interior, love the body exterior
Joey C
Reviewed a 2023 Lexus IS on Dec 22, 2025
This car is exactly what I’d hoped for. Though it’s not the fastest, it’s super high quality, turns heads, is reliable, and sounds great.
William A
Reviewed a 2023 Lexus 350 F SPORT RWD on Sep 24, 2024
Perfect sporty looking and driving car with longevity in mind!
Richard B
Reviewed a 2023 Lexus IS on Nov 16, 2023
Great car comfortable, sporty, great handling, good value for the price point.
2023 Lexus IS Trims
| Trim type | MSRP |
|---|---|
| 300 Luxury AWD | -- |
| 350 F SPORT Design RWD | $43,160 |
| 300 AWD | $42,085 |
| 350 F SPORT AWD | $46,410 |
| 500 F SPORT Performance Premium RWD | $62,770 |
| 350 F SPORT 3 AWD | -- |
| 300 RWD | $40,085 |
| 350 F SPORT RWD | $44,410 |
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2023 Lexus IS Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Lexus IS prices has changed over time.
See more price trends2023 Lexus IS Pricing Analysis: Fort Lauderdale, FL Market Report
Pricing in Nearby Cities
Market Area: Fort Lauderdale, FL
Key Insights
- Highest-Price Market: The North Port, FL has the highest average price at $42,248, indicating a premium market for the Lexus IS.
- Best Value: The West Palm Beach, FL offers the lowest average price at $38,596, presenting a more affordable option for shoppers.
- Inventory Drives Stability: Miami, FL leads with 220 listings, suggesting a robust supply that may help stabilize prices in the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Miami, FL | 220 | $41,339 |
| Homestead, FL | 205 | $41,895 |
| Melbourne, FL | 143 | $38,998 |
| North Port, FL | 139 | $42,248 |
| Fort Myers, FL | 136 | $39,838 |
| Naples, FL | 134 | $39,838 |
| Okeechobee, FL | 132 | $39,500 |
| Fort Pierce, FL | 131 | $39,500 |
| West Palm Beach, FL | 128 | $38,596 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The 300 RWD trim is the most available with 130 listings, indicating strong demand for this configuration.
- Premium Spread: The 500 F SPORT Performance Premium RWD trim, priced at $62,770, shows a significant premium over the base trims, appealing to luxury buyers.
- Drivetrain Effect: RWD trims dominate the inventory, with RWD configurations making up the majority of listings, reflecting consumer preference in this market.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| 300 RWD | 130 | $40,085 | RWD | 2.0L 241 hp I4 |
| 350 F SPORT RWD | 64 | $44,410 | RWD | 3.5L 311 hp V6 |
| 300 AWD | 31 | $42,085 | AWD | 3.5L 260 hp V6 |
| 350 F SPORT Design RWD | 43 | $43,160 | RWD | 3.5L 311 hp V6 |
| 500 F SPORT Performance Premium RWD | 7 | $62,770 | RWD | 5.0L 472 hp V8 |
| 350 F SPORT AWD | 8 | $46,410 | AWD | 3.5L 311 hp V6 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year commands an average price of $49,143, reflecting a 8.0% premium over its starting MSRP, indicating strong demand for newer models.
- Depreciation Curve: The 2016 model year exhibits the steepest depreciation at -59.8%, suggesting significant value loss as vehicles age.
- Best Value Sweet Spot: The 2023 model year is priced at $41,339, which is 3.1% above its starting MSRP, making it a competitive option for buyers seeking newer vehicles without excessive premiums.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $45,500 | $49,143 | +8.0% |
| 2025 | $40,535 | $42,295 | +4.3% |
| 2024 | $40,085 | $38,807 | -3.2% |
| 2023 | $40,085 | $41,339 | +3.1% |
| 2022 | $39,125 | $36,575 | -6.5% |
| 2021 | $39,050 | $32,209 | -17.5% |
| 2020 | $38,560 | $24,594 | -36.2% |
| 2019 | $38,560 | $57,982 | +50.4% |
| 2018 | $38,210 | $16,732 | -56.2% |
| 2017 | $37,825 | $18,195 | -51.9% |
| 2016 | $37,325 | $15,003 | -59.8% |
These recommendations are based on CarGurus' proprietary market data from October 7, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
How much does the 2023 Lexus IS cost?
| Metric | Value |
|---|---|
| Current Average Price | $40,806 |
| Year-Round Low | $40,269 |
| Year-Round High | $42,583 |
| Average Price a Year Ago | $41,147 |
| Change vs. Last Year | −0.83% |
Prices have held steady compared to this time last year, signaling a stable and predictable market for this model year.
There are 1,187 listings available, which gives you a solid pool to compare prices and equipment.
Is the 2023 Lexus IS a good car?
Yes — the 4.8/5 user rating points to strong owner satisfaction. Owners consistently praise the sporty design, smooth performance, and luxurious interior, and they also highlight the handling and overall value for money. That fits well if you want a compact luxury sports sedan that feels more athletic than purely practical, especially if you rarely carry passengers. With 39.5% of listings marked as good or great deals, you have a decent chance of finding a competitive offer.
Is the 2023 Lexus IS reliable?
Owners rate it 4.8/5, a strong signal of long-term satisfaction.
The owner feedback also emphasizes reliability-adjacent strengths like smooth performance and a trouble-free-feeling ownership experience, along with the brand’s reputation for dependable daily use. Reviewers repeatedly point to the car’s long-term appeal through its features, design, and overall quality. For used buyers, that suggests lower ownership anxiety than you might expect from a sporty luxury sedan, though you should still expect normal wear-related risk on any higher-mileage example.
What should I look for when buying a used 2023 Lexus IS?
Accident-free inventory is solid at 83.7% — always verify the vehicle history report.
You should prioritize a history report first, then focus on a pre-purchase inspection that checks for prior damage, uneven wear, and signs of poor repairs. Because the back seat is tight and cargo space is limited, condition matters more than versatility here, so make sure the car’s interior, electronics, and trim are in the shape you expect. If you’re comparing multiple listings, favor the cleanest example over the cheapest one.
Is now a good time to buy a used 2023 Lexus IS?
This is a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile options.
- Deal availability: 39.5% of listings are priced as good or great deals.
- Inventory: There are 1,187 listings available.
- Price trend: Prices have held steady compared with last year.
- Clean inventory: 83.7% of listings are accident-free.
If you find a listing below $40,269, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2023 Lexus IS's resale value?
The current average of $40,806 sits slightly below last year's $41,147.
That small decline suggests the market has been fairly stable rather than sharply weakening, which is helpful if you plan to resell later. A steady price pattern can make it easier to estimate future value because the model is not showing dramatic swings. Strong owner satisfaction also helps keep demand healthy among used shoppers who want a sporty luxury sedan with a premium feel.
Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, tend to retain buyer demand, which supports resale value over time.
Should I buy a 2023 Lexus IS or consider a different year?
If you're weighing the 2023 against nearby model years, here's how to think about it:
Choose the 2023 if:
- 39.5% of listings are priced as good or great deals.
- Accident-free inventory is solid at 83.7% — always verify the vehicle history report.
- Price trend: Prices have held steady compared with last year.
- Owners rate it 4.8/5 — a strong satisfaction signal.
Consider the 2022 if:
- At $37,551, the 2022 costs less than the current year's $40,806 average.
- It emphasizes engaging driving character and a stronger performance halo.
The bottom line: If you want the better-balanced shopping pool, the 2023 is the safer primary pick because pricing is stable and inventory is broad enough to compare carefully. If your top priority is saving money, the 2022 is the better secondary path, especially if you find one in strong condition with the features you want.
These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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