Summary

• With 1,159 currently listed for sale and an average price of $42,651.00, 30.4% 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.

• 86.5% of 2023 Lexus IS models on CarGurus are accident free.

• The 2023 Lexus IS is well-regarded for its sporty design, smooth performance, and luxurious interior, along with advanced technology and safety features.

Why it stands out

The 2023 Lexus IS continues to be a strong contender in the compact luxury sedan market, appealing to younger buyers with its combination of performance, style, and value. It features a sporty design that turns heads, complemented by a smooth ride and engaging handling that enhances the driving experience. Notable for its luxurious interior, the IS provides a comfortable cabin loaded with high-quality materials and advanced tech, making it a competitive choice against rivals like the BMW 3 Series and Audi A4. Although some owners have noted that the sound system could use improvement, many appreciate its comprehensive set of features and aesthetic appeal, which are key selling points.

In 2023, the IS also benefits from a strong accident-free percentage, with 86.5% of models listing as accident free, which is a reassuring factor for used car buyers. Overall, the IS is positioned well for those seeking a compact luxury sedan that excels in both performance and comfort.

Other model years to consider

• 2022 Lexus IS

  • Average price: $38,932.00
  • Good/great deal percentage: 30.9%
  • User rating: 5 / 5
  • Total listings: 955

• 2015 Lexus IS

  • Average price: $17,117.00
  • Good/great deal percentage: 29.8%
  • User rating: 4.56 / 5
  • Total listings: 731

• 2024 Lexus IS

  • Average price: $43,957.00
  • Good/great deal percentage: 31.0%
  • Accident-free percentage: 89.3%
  • Total listings: 1,206

This analysis is based on CarGurus' proprietary market data from May 18, 2026, CarGurus experts' opinions, and generative AI.