Used 2023 Lexus IS for Sale nearFort Worth, TX
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:
- 311 hp 3.5L V6
- Exterior color:
- Iridium
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Circuit Red
- Transmission:
- Automatic
- Mileage:
- 21,244
- Stock #:
- P066019
- VIN:
- JTHGZ1B22P5066019


Sponsored by Texas Car One
2023 Lexus IS
350 F SPORT RWD
21,244 mi
$45,221
- Year:
- 2022
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Blue Mica
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black W/Ash
- Transmission:
- 6-Speed Automatic
- Mileage:
- 46,937
- Stock #:
- P25040
- VIN:
- JTHSZ1E24N5023210

Sponsored Listing
2022 Lexus IS
350 F SPORT AWD
46,937 mi
$38,853
- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Cloudburst Gray
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 57,860
- Stock #:
- P5064390
- VIN:
- JTHGZ1B2XP5064390

Sponsored Listing
2023 Lexus IS
350 F SPORT RWD
57,860 mi
$39,215
- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Black
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Red
- Transmission:
- Automatic
- Mileage:
- 58,263
- Stock #:
- P5065971
- VIN:
- JTHGZ1B22P5065971

2023 Lexus IS
350 F SPORT RWD
58,263 mi
$41,276
- Year:
- 2022
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Cloudburst Gray
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- White W/Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 52,183
- Stock #:
- HP051949
- VIN:
- JTHGZ1B29N5051949

2022 Lexus IS
350 F Sport RWD
52,183 mi
$37,725
- 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:
- Black
- Transmission:
- Automatic
- Mileage:
- 47,078
- Stock #:
- PP5065964
- VIN:
- JTHGZ1B25P5065964

2023 Lexus IS
350 F SPORT RWD
47,078 mi
$38,722
- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Grecian Water
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Glazed Caramel
- Transmission:
- 8-Speed Automatic
- Mileage:
- 17,837
- Stock #:
- MC45262
- VIN:
- JTHDA1D22P5128171

2023 Lexus IS
300 RWD
17,837 mi
$37,967
- Year:
- 2023
- 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:
- 3,082
- Stock #:
- P5068759P
- VIN:
- JTHBZ1B25P5068759

2023 Lexus IS
350 F SPORT Design RWD
3,082 mi
$43,723
- 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:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 53,464
- Stock #:
- B8407C
- VIN:
- JTHGZ1B25R5075624

2024 Lexus IS
350 F Sport RWD
53,464 mi
$41,121
- 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:
- Rioja Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 44,199
- Stock #:
- 128301
- VIN:
- JTHCA1D26P5128301

2023 Lexus IS
300 RWD
44,199 mi
$33,755
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Grecian Water
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 12,848
- Stock #:
- 133044
- VIN:
- JTHCA1D20R5133044

2024 Lexus IS
300 RWD
12,848 mi
$37,715
- 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:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 24,046
- Stock #:
- 5126593
- VIN:
- JTHCA1D22P5126593

2023 Lexus IS
300 RWD
24,046 mi
$34,215
- Year:
- 2023
- 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:
- Circuit Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 47,226
- Stock #:
- W51631A
- VIN:
- JTHGZ1B27P5065979

2023 Lexus IS
350 F SPORT RWD
47,226 mi
$37,933
CarGurus Analysis:
2023 Lexus IS
With 154 currently listed for sale near Fort Worth, TX and an average price of $40,627, 32.5% 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.
100.0% of 2023 Lexus IS models on CarGurus are accident free.
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Incognito
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Rioja Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 24,162
- Stock #:
- 080332
- VIN:
- JTHBZ1B23R5080332

2024 Lexus IS
350 F Sport Design RWD
24,162 mi
$42,715
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Ultra White
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Glazed Caramel
- Transmission:
- 8-Speed Automatic
- Mileage:
- 23,341
- Stock #:
- A31004
- VIN:
- JTHBA1D26R5131004

2024 Lexus IS
300 F Sport Design RWD
23,341 mi
$39,423
- 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:
- Circuit Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 19,156
- Stock #:
- 068447
- VIN:
- JTHGZ1B20P5068447

2023 Lexus IS
350 F SPORT RWD
19,156 mi
$41,715
- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Ultrasonic Blue Mica 2.0
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Circuit Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 31,899
- Stock #:
- P5066387
- VIN:
- JTHGZ1B29P5066387

2023 Lexus IS
350 F SPORT RWD
31,899 mi
$43,853
- Year:
- 2022
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Blue Mica
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black W/Ash
- Transmission:
- 6-Speed Automatic
- Mileage:
- 46,937
- Stock #:
- P25040
- VIN:
- JTHSZ1E24N5023210

2022 Lexus IS
350 F SPORT AWD
46,937 mi
$38,853
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Iridium
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 7,372
- Stock #:
- 132210
- VIN:
- JTHCA1D28R5132210

2024 Lexus IS
300 RWD
7,372 mi
$37,538
- Year:
- 2023
- 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:
- 37,887
- Stock #:
- 069331
- VIN:
- JTHGZ1B28P5069331

2023 Lexus IS
350 F SPORT RWD
37,887 mi
$41,865
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Gray
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 32,844
- Stock #:
- A79288
- VIN:
- JTHGZ1B22R5079288

2024 Lexus IS
350 F Sport RWD
32,844 mi
$43,323
- Year:
- 2024
- 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:
- Rioja Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 16,638
- Stock #:
- 128741
- VIN:
- JTHCA1D28R5128741

2024 Lexus IS
300 RWD
16,638 mi
$37,939
- Year:
- 2022
- 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
- Transmission:
- 8-Speed Automatic
- Mileage:
- 35,677
- Stock #:
- AX40004A
- VIN:
- JTHGZ1B28N5058164

Sponsored Listing
2022 Lexus IS
350 F Sport RWD
35,677 mi
$41,220
CarGurus Analysis: 2023 Lexus IS

Summary
With 154 currently listed for sale near Fort Worth, TX and an average price of $40,627, 32.5% 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.
100.0% of 2023 Lexus IS models on CarGurus are accident free.
Why it stands out
The 2023 Lexus IS stands out as a compact luxury sports sedan that emphasizes driving enjoyment without abandoning everyday comfort. It sits at the entry point of the Lexus lineup and is aimed at buyers who want a comparatively low price point and compact proportions, while still getting a car with a sporty character. Owners also tend to praise its handling, smooth performance, and luxurious interior, which helps explain why it appeals to younger buyers and shoppers looking for value in a premium package.
For this model year, the IS benefits from the 2021 refresh that brought updated exterior styling, fresh taillights, and a significant tech update. Apple CarPlay and Android Auto are included, and the touchscreen display was updated. Standard equipment includes NuLuxe synthetic leather seats, an eight-inch infotainment screen, passive entry, push-button start, dual automatic climate controls, and 18-inch wheels. Lexus Safety System+ is standard, bringing automatic emergency braking, pedestrian detection, lane departure warning, adaptive cruise control, automatic high beams, and lane-trace assist, while blind spot monitoring and rear cross-traffic alert are also standard. Buyers can also find available features such as a 17-speaker Mark Levinson premium audio system, a power moonroof, and a 10.3-inch infotainment screen with navigation.
The 2023 Lexus IS is not the roomiest choice, and that is part of its tradeoff. The back seat is really tight, cargo space is limited, and fuel economy is poor. Even so, for shoppers who value a stylish, fun-to-drive luxury sedan with a strong feature set and a well-executed cabin, it remains an appealing option.
Other model years to consider
- Average price: $40,542
- Good/great deal percentage: 35.5%
- User rating: 5 / 5
- Total listings: 124
- Average price: $41,121
- Good/great deal percentage: 34.1%
- Total listings: 164
- Average price: $20,121
- Good/great deal percentage: 24.8%
- User rating: 4.6 / 5
- Total listings: 101
This analysis is based on CarGurus' proprietary market data from September 21, 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
William A
Reviewed a 2023 Lexus 350 F SPORT RWD on Sep 24, 2024
Perfect sporty looking and driving car with longevity in mind!
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.
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 |
|---|---|
| 500 F SPORT Performance RWD | $58,270 |
| 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 Worth, TX Market Report
Pricing by Nearby Locations
Market Area: Fort Worth, TX
Key Insights
- Highest Prices in Waco: The city of Waco, TX has the highest average price at $44,393, likely due to lower inventory and higher demand.
- Lowest Prices in Wichita Falls: In contrast, Wichita Falls, TX offers the lowest average price at $34,946, indicating a more price-sensitive market or higher inventory levels.
- Stable Pricing Across Major Cities: Cities like Dallas, Denton, and McKinney show similar pricing around $40,000, suggesting a balanced supply and demand in the Fort Worth metropolitan area.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Waco, TX | 117 | $44,393 |
| Weatherford, TX | 126 | $40,408 |
| Dallas, TX | 153 | $40,285 |
| Denton, TX | 153 | $40,389 |
| McKinney, TX | 150 | $40,261 |
| Greenville, TX | 124 | $40,371 |
| Killeen, TX | 118 | $43,947 |
| Wichita Falls, TX | 91 | $34,946 |
Pricing by Trim Packages
Key Insights
- Most Common Trim: The 300 RWD trim is the most prevalent with 72 listings, indicating strong demand for this base model.
- Price Variance Across Trims: The 500 F SPORT Performance Premium RWD trim, priced at $62,770, represents the highest MSRP, reflecting its luxury features and performance capabilities.
- AWD vs RWD Demand: The 300 AWD trim, with 35 listings, shows a notable interest in all-wheel-drive options, which may be influenced by regional weather conditions.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| 300 RWD | 72 | $40,085 | RWD | 2.0L 241 hp I4 |
| 350 F SPORT RWD | 49 | $44,410 | RWD | 3.5L 311 hp V6 |
| 300 AWD | 35 | $42,085 | AWD | 3.5L 260 hp V6 |
| 350 F SPORT Design RWD | 26 | $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 | 7 | $46,410 | AWD | 3.5L 311 hp V6 |
Pricing Analysis by Model Year
Key Insights
- New Models at a Premium: The 2026 Lexus IS is currently priced at $50,185, which is approximately 10.5% above its MSRP, indicating strong demand for the latest model.
- Significant Depreciation for Older Models: The 2019 Lexus IS shows a steep decline, priced at $23,060, reflecting a depreciation of -40.0% from its original MSRP.
- Best Value in Recent Years: The 2022 Lexus IS is priced at $40,607, only -1.3% below its MSRP, making it a compelling option for buyers looking for newer models with minimal depreciation.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 | $45,500 | $50,185 | +10.5% |
| 2025 | $40,535 | $45,643 | +12.0% |
| 2024 | $40,085 | $40,948 | +2.2% |
| 2022 | $39,125 | $40,607 | -1.3% |
| 2021 | $39,050 | $36,111 | -7.4% |
| 2020 | $38,560 | $28,676 | -25.7% |
| 2019 | $38,560 | $23,060 | -40.0% |
| 2018 | $38,210 | $21,574 | -43.5% |
| 2017 | $37,825 | $19,356 | -48.8% |
| 2016 | $37,325 | $17,087 | -54.3% |
| 2015 | $36,550 | $20,157 | -44.9% |
| 2014 | $36,100 | $15,323 | -57.5% |
These recommendations are based on CarGurus' proprietary market data from September 23, 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 | $40,770 |
| Year-Round Low | $40,263 |
| Year-Round High | $42,584 |
| Average Price a Year Ago | $41,322 |
| Change vs. Last Year | −1.34% |
Prices have softened 1.34% compared to this time last year, making it a favorable time to shop this model year.
There are 1,199 listings available, which gives you a solid amount of inventory to compare.
Is the 2023 Lexus IS a good car?
Yes — the 2023 Lexus IS earns a 4.8/5 user rating, which points to strong owner satisfaction. Owners consistently praise its sporty design, smooth performance, and luxurious interior, and many also highlight its handling and value for money. That fits well if you want a compact luxury sports sedan that emphasizes driving enjoyment while still delivering everyday comfort and a well-executed cabin. With 37.1% 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 points to a dependable, trouble-free ownership experience, with praise centered on the car’s smooth performance and overall quality. That kind of response suggests the 2023 Lexus IS can be a reassuring choice if you want a premium sedan you can count on over time. For used buyers, the main long-term ownership risk is less about the car’s reputation and more about finding one that has been maintained well and not worn hard.
What should I look for when buying a used 2023 Lexus IS?
Accident-free inventory is solid at 84.1% — always verify the vehicle history report.
You should still check the history report carefully, even if the market looks healthy, because a clean record matters more than a low price alone. Put inspection priority on overall condition, especially signs of heavy use, since you want a car that still feels tight and well cared for. Focus on the cabin, electronics, and general wear, because those areas help separate a good example from one that has been neglected.
Is now a good time to buy a used 2023 Lexus IS?
This is a moderate market, so you can shop selectively without feeling rushed.
- Deal availability: 37.1% of listings are priced as good or great deals.
- Inventory: There are 1,199 listings available.
- Price trend: Prices have softened 1.34% compared with last year.
- Clean inventory: 84.1% of listings are accident-free.
If you find a listing below $40,263, 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 $40,770 sits slightly below last year's $41,322.
That softer pricing suggests the model has become a bit more buyer-friendly, which can help you if you're shopping now but may slightly temper what a future seller can ask. Even so, the current market still shows meaningful demand, especially for well-kept examples with clean histories and strong equipment. 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:
- 37.1% of listings are priced as good or great deals.
- Accident-free inventory is solid at 84.1% — always verify the vehicle history report.
- Price trend: Prices have softened 1.34% compared with last year.
- Owners rate it 4.8/5 — a strong satisfaction signal.
Consider the 2022 if:
- At $37,516, the 2022 costs less than the current year's $40,770 average.
- It adds a more performance-focused personality with a standout V8 option.
The 2023 is the better all-around pick if you want the newer-year market position, strong owner satisfaction, and a healthy mix of listings to shop from. If your priority is saving money upfront and you care most about driving character, the 2022 is the more price-sensitive alternative worth a look.
These recommendations are based on CarGurus' proprietary market data from September 22, 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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