Summary

• With 1,435 currently listed for sale and an average price of $42,907.00, 34.2% of 2024 Lexus IS models for sale on CarGurus are rated as good or great deals.

• Favorably reviewed: Owners rated the 2024 Lexus IS 4.5 / 5 stars.

• 88.5% of 2024 Lexus IS models on CarGurus are accident free.

Why it stands out

The 2024 Lexus IS stands out as a compact luxury sports sedan that has long leaned into being fun to drive while still serving as Lexus’s entry-level model. It appeals to younger buyers with its comparatively low price point and compact proportions, and it remains a good fit for drivers who rarely carry passengers. At the same time, it is less convincing as a family car because the back seat is really tight.

For 2024, the IS sits in the third generation, which had already gained a major refresh in 2021. That update brought Apple CarPlay and Android Auto, a touchscreen display, NuLuxe synthetic leather seats, an eight-inch infotainment screen, dual automatic climate controls, 18-inch wheels, and standard Lexus Safety System+ with features including 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. The model’s appeal is strengthened by its easy-to-use technology and standard advanced safety features, though it still carries familiar drawbacks such as not much cargo space and poor fuel economy.

The 2024 Lexus IS also benefits from the broader range of powertrains available in this generation, including the inline-four turbo that was available from 2015 to 2025 and the V8 that was available from 2022 to 2025. That variety helps the IS remain distinctive among compact luxury sedans, especially for buyers who want a sporty feel and a choice of performance character in a relatively small package.

Other model years to consider

• 2022 Lexus IS

  • Average price: $37,941.00
  • Good/great deal percentage: 34.8%
  • User rating: 5 / 5
  • Total listings: 996

• 2023 Lexus IS

  • Average price: $41,400.00
  • Good/great deal percentage: 34.0%
  • User rating: 4.8 / 5
  • Total listings: 1,229

• 2015 Lexus IS

  • Average price: $17,700.00
  • Good/great deal percentage: 29.3%
  • User rating: 4.6 / 5
  • Total listings: 741

This analysis is based on CarGurus' proprietary market data from August 17, 2026, CarGurus experts' opinions, and generative AI.