Used 2023 Lexus IS for Sale nearNaples, FL
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 241 hp 2L I4
- Exterior color:
- Matador Red Mica
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Glazed Caramel
- Transmission:
- 8-Speed Automatic
- Mileage:
- 13,200
- Stock #:
- 26451001
- VIN:
- JTHCA1D25R5130415


Sponsored by Lexus of Pembroke Pines
2024 Lexus IS
300 RWD
13,200 mi
$38,896
- 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

Sponsored Listing
2024 Lexus IS
300 RWD
11,817 mi
$37,998
- 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:
- 35,442
- Stock #:
- R132605
- VIN:
- JTHDA1D23R5132605

Sponsored Listing
2024 Lexus IS
300 RWD
35,442 mi
$36,344
- 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:
- 29,986
- Stock #:
- C26491A
- VIN:
- JTHGZ1B20P5068044

2023 Lexus IS
350 F SPORT RWD
29,986 mi
$39,122
- 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:
- Glazed Caramel
- Transmission:
- 8-Speed Automatic
- Mileage:
- 28,803
- Stock #:
- ATU123792
- VIN:
- JTHCA1D23R5131191

2024 Lexus IS
300 RWD
28,803 mi
$33,127
- Year:
- 2024
- 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:
- 43,276
- Stock #:
- I074337
- VIN:
- JTHGZ1B28R5074337

2024 Lexus IS
350 F Sport RWD
43,276 mi
$39,997
- 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
$38,187
- 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:
- 35,442
- Stock #:
- R132605
- VIN:
- JTHDA1D23R5132605

2024 Lexus IS
300 RWD
35,442 mi
$36,344
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- 2024 Lexus Is 350 F Sport Design
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Caramel
- Transmission:
- Automatic
- Mileage:
- 38,316
- Stock #:
- R5074667
- VIN:
- JTHBZ1B24R5074667

2024 Lexus IS
350 F Sport Design RWD
38,316 mi
$37,000
- 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:
- Circuit Red W/Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 39,050
- Stock #:
- I606518A
- VIN:
- JTHGZ1B26R5072179

2024 Lexus IS
350 F Sport RWD
39,050 mi
$41,190
- Year:
- 2023
- 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:
- Black
- Transmission:
- Automatic
- Mileage:
- 26,036
- Stock #:
- P5127974
- VIN:
- JTHDA1D22P5127974

2023 Lexus IS
300 RWD
26,036 mi
$33,489
- 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:
- 22,250
- Stock #:
- AV7034271
- VIN:
- JTHBZ1B26R5080549

2024 Lexus IS
350 F Sport Design RWD
22,250 mi
$40,133
- 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
$43,999
CarGurus Analysis:
2023 Lexus IS
With 144 currently listed for sale near Naples, FL and an average price of $38,550, 34.7% 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.
100.0% of 2023 Lexus IS models on CarGurus are accident free.
- 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:
- Rioja Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 10,779
- Stock #:
- 7L1437A
- VIN:
- JTHCA1D22P5128683

2023 Lexus IS
300 RWD
10,779 mi
$36,883
- 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:
- Automatic
- Mileage:
- 23,382
- Stock #:
- N37815A
- VIN:
- JTHDA1D28P5128661

2023 Lexus IS
300 RWD
23,382 mi
$35,761
- 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:
- Circuit Red
- Transmission:
- Automatic
- Mileage:
- 17,358
- Stock #:
- L101156A
- VIN:
- JTHBA1D22R5130805

-$2,550
2024 Lexus IS
300 F Sport Design RWD
17,358 mi
$40,056
$37,506
- Year:
- 2023
- 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:
- Circuit Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 53,949
- Stock #:
- 4160564A
- VIN:
- JTHGZ1B23P5068832

2023 Lexus IS
350 F SPORT RWD
53,949 mi
$35,489
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 311 hp 3.5L V6
- Exterior color:
- Blue
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 5,437
- Stock #:
- 5104330A
- VIN:
- JTHGZ1B29R5080003

2024 Lexus IS
350 F Sport RWD
5,437 mi
$45,776
- 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:
- Circuit Red
- Transmission:
- Automatic
- Mileage:
- 38,816
- Stock #:
- TG324627A
- VIN:
- JTHGZ1B25P5070162

2023 Lexus IS
350 F SPORT RWD
38,816 mi
$39,475
- 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/Blue
- Transmission:
- Automatic
- Mileage:
- 24,389
- Stock #:
- L100756A
- VIN:
- JTHGZ1B21R5078228

2024 Lexus IS
350 F Sport RWD
24,389 mi
$44,300
- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 472 hp 5L V8
- Exterior color:
- Red
- Combined gas mileage:
- 21 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 30,208
- Stock #:
- 29127983
- VIN:
- JTHAP1D26P5003983

2023 Lexus IS
500 F SPORT Performance Premium RWD
30,208 mi
$55,998
- 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
$39,900
- 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:
- Automatic
- Mileage:
- 17,275
- Stock #:
- R5081983
- VIN:
- JTHBZ1B25R5081983

Sponsored Listing
2024 Lexus IS
350 F Sport Design RWD
17,275 mi
$42,436
CarGurus Analysis: 2023 Lexus IS

Summary
With 144 currently listed for sale near Naples, FL and an average price of $38,550, 34.7% 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.
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: $33,986
- Good/great deal percentage: 32.5%
- User rating: 5 / 5
- Total listings: 117
- Average price: $37,995
- Good/great deal percentage: 38.1%
- Total listings: 160
- Average price: $17,000
- Good/great deal percentage: 19.7%
- User rating: 4.6 / 5
- Total listings: 71
This analysis is based on CarGurus' proprietary market data from September 14, 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 |
|---|---|
| 350 F SPORT Design AWD | $45,160 |
| 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: Naples, FL Market Report
Pricing by Nearby Locations
Market Area: Naples, FL
Key Insights
- Highest Prices in Urban Areas: Homestead ($41,903) and Miami ($41,532) reflect the highest average prices, likely due to higher demand in urban settings.
- Best Value in Sarasota: Sarasota ($37,349) offers the lowest average price, indicating a more price-sensitive market or greater inventory turnover.
- Inventory Correlation: Cities with higher listings, such as Fort Lauderdale (252 listings), show stable pricing around the regional average, suggesting a balanced supply-demand dynamic.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Fort Lauderdale, FL | 252 | $41,506 |
| Miami, FL | 237 | $41,532 |
| Homestead, FL | 221 | $41,903 |
| North Port, FL | 142 | $38,499 |
| Fort Myers, FL | 137 | $39,533 |
| Okeechobee, FL | 137 | $36,998 |
| West Palm Beach, FL | 135 | $40,277 |
| Sarasota, FL | 154 | $37,349 |
Pricing by Trim Packages
Key Insights
- RWD Trims Lead Inventory: The 300 RWD (81 listings) is the most common trim, indicating strong demand for rear-wheel drive configurations.
- Price Variability Across Trims: The 500 F SPORT Performance Premium RWD ($62,770 MSRP) is the highest priced trim, reflecting a significant premium for performance features.
- AWD Demand is Limited: The 350 F SPORT AWD (6 listings) shows lower inventory, suggesting less demand for all-wheel drive in this market.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| 300 RWD | 81 | $40,085 | RWD | 2.0L 241 hp I4 |
| 350 F SPORT RWD | 61 | $44,410 | RWD | 3.5L 311 hp V6 |
| 300 AWD | 26 | $42,085 | AWD | 3.5L 260 hp V6 |
| 350 F SPORT Design RWD | 24 | $43,160 | RWD | 3.5L 311 hp V6 |
| 350 F SPORT AWD | 6 | $46,410 | AWD | 3.5L 311 hp V6 |
| 500 F SPORT Performance Premium RWD | 4 | $62,770 | RWD | 5.0L 472 hp V8 |
Pricing Analysis by Model Year
Key Insights
- New Models Command Premiums: The 2025 Lexus IS is priced at $74,995, reflecting a 84.9% increase over its MSRP, indicating strong demand for the latest model.
- Significant Depreciation for Older Models: The 2018 Lexus IS shows a steep decline, priced at $15,742, which is -58.8% from its original MSRP, highlighting rapid depreciation.
- Best Value in Recent Models: The 2021 Lexus IS is priced at $28,998, representing a -25.0% depreciation, making it a compelling option for buyers seeking value.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Lexus IS | $45,500 | $51,998 | +14.3% |
| 2025 Lexus IS | $40,535 | $74,995 | +84.9% |
| 2024 Lexus IS | $40,085 | $37,798 | -5.9% |
| 2021 Lexus IS | $39,050 | $28,998 | -25.0% |
| 2020 Lexus IS | $38,560 | $25,998 | -32.5% |
| 2019 Lexus IS | $38,560 | $26,199 | -32.2% |
| 2018 Lexus IS | $38,210 | $15,742 | -58.8% |
| 2017 Lexus IS | $37,825 | $16,888 | -55.3% |
| 2016 Lexus IS | $37,325 | $27,472 | -26.4% |
| 2015 Lexus IS | $36,550 | $17,000 | -53.5% |
These recommendations are based on CarGurus' proprietary market data from September 16, 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 | $40,809 |
| Year-Round Low | $40,264 |
| Year-Round High | $42,583 |
| Average Price a Year Ago | $41,320 |
| Change vs. Last Year | −1.24% |
Prices have softened 1.24% compared to this time last year, making it a favorable time to shop this model year.
There are 1,234 listings available, which gives you a solid pool of options 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 repeatedly praise its sporty design, smooth performance, and luxurious interior, and many also call out its great handling and good value for money. That makes it a strong fit if you want a compact luxury sports sedan that balances driving enjoyment with everyday comfort. With 37.7% of listings marked as good or great deals, you have a meaningful number of opportunities to shop selectively.
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. When shoppers consistently highlight long-term satisfaction and confidence in the car’s character, that usually supports a more reassuring used-car purchase. For you, the main long-term ownership risk is making sure the specific example you choose has been well maintained and not worn down by hard use.
What should I look for when buying a used 2023 Lexus IS?
Accident-free inventory is solid at 84.7% — always verify the vehicle history report.
You should start with a history report so you can confirm accident status, title history, and any major insurance claims. After that, prioritize a careful inspection of the interior, electronics, and overall condition, since this model’s appeal depends heavily on how well it has been kept. It also makes sense to focus on signs of wear that could affect your day-to-day experience, especially if you plan to use it as a commuter or daily driver.
Is now a good time to buy a used 2023 Lexus IS?
This looks like a moderate market, so you can be selective without expecting a deep bargain on every listing.
- Deal availability: 37.7% of listings are priced as good or great deals.
- Inventory: There are 1,234 listings available.
- Price trend: Prices have softened 1.24% compared with last year.
- Clean inventory: 84.7% of listings are accident-free.
If you find a listing below $40,264, 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 $40,809 sits slightly below last year's $41,320.
That modest decline suggests the market has eased a bit, which can help you buy with less risk of overpaying. If you plan to sell later, the current pricing trend implies you should expect steady but not aggressive appreciation in value. Strong condition and a clean history will matter a lot if you want to protect your exit price.
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:
- 37.7% of listings are priced as good or great deals.
- Accident-free inventory is solid at 84.7% — always verify the vehicle history report.
- Price trend: Prices have softened 1.24% compared with last year.
- Owners rate it 4.8/5 — a strong satisfaction signal.
Consider the 2022 if:
- At $37,691, the 2022 costs less than the current year's $40,809 average.
- It offers a more performance-focused personality.
The bottom line: You should lean toward the 2023 if you want the stronger all-around shopping environment, with decent deal availability and a broad pool of accident-free listings. If your priority is spending less up front, the 2022 is the better secondary path, especially if you value its more performance-oriented character and can live with the tradeoffs.
These recommendations are based on CarGurus' proprietary market data from September 15, 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.
Relevant articles

Best Lexus Deals in September 2026
Leasing a Lexus can be a great way to get into a new car from one of the most popular luxury brands at a more affordable monthly rate. Here are the best deals we've found this month on Lexus vehicles.

Lexus IS Buying Guide: Cost, Reliability, and the Best Years to Buy
Discover the ultimate buying guide for purchasing a used Lexus IS covering each generation since 2001. Whether you're a first-time buyer or a Lexus enthusiast, this comprehensive overview will help you research your next pre-owned Lexus IS.

The Most Reliable Luxury Cars of 2026
Luxury cars give you the best of most things but which are the most reliable luxury cars you can buy? Our guide has all the details.