How much does the Lexus IS cost in today's market?

Used Lexus IS prices span a wide range depending on model year. Here's what the market looks like right now:

The Lexus IS's current nationwide average price is $29,184, and its year-round low is $24,354.59. That puts the model in a fairly broad price band depending on age and configuration, with newer examples commanding a clear premium. Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the Lexus IS a good car?

Yes — the Lexus IS is a strong pick if you want a compact luxury sedan with a sporty personality and broad owner appeal. The all-generations owner rating is 4.6/5 across every model year in the data.

Owners consistently praise the Lexus IS for its sporty design, smooth handling, and luxurious interior. Reliability and build quality also come up often, along with the car’s balance of performance and comfort.

Expert reviews rate the 2015 and 2022 models among the highest across all years.

The main tradeoffs that show up across recent expert-tested years are poor fuel economy, limited cargo space, and cramped rear seating. Those are the kinds of compromises you accept when you want a compact luxury sedan that leans into driving enjoyment.

31.8% of listings are priced as good or great deals.

Are Lexus IS models reliable?

Owners consistently describe the Lexus IS as stylish, fun to drive, and well built, with reliability and quality materials standing out across the lineup. Expert coverage also reinforces the model’s strong build quality and long-term appeal.

• Owners rate the Lexus IS between 3.0 and 5.0 out of 5 stars across all model years in the data.

For used buyers, the long-term ownership picture looks encouraging if you keep up with maintenance and choose a well-documented example.

What should I look for when buying a used Lexus IS?

Across all model years, at 67.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

Older model years carry meaningfully higher accident rates, so always verify the vehicle history report on pre-2022 models.

Key things to evaluate:

• Safety package: Lexus Safety System+ 3.0
• Infotainment: 12.3-inch touchscreen with Lexus Interface infotainment system software and wireless Apple CarPlay and Android Auto
• Fuel efficiency: 22 mpg combined

Which Lexus IS trim should I buy?

The 2026 Lexus IS offers...

• F Sport Design: This is the least expensive trim and gives you the 2026 IS 350’s core setup with the 3.5-liter V6 and the sporty F Sport look.
• F Sport: This is the best-value trim if you want the sharper suspension tuning and the optional Handling Package, which adds a limited-slip rear differential, a performance-tuned adaptive suspension, and additional driving modes.
• F Sport Special Appearance Package: This limited-production version is for you if you want the same 2026 IS 350 formula with a more distinctive appearance package.

What Lexus IS do most buyers choose?

The Lexus IS years with the most listings are 2024, 2023, and 2022.

Higher-volume years usually draw the most shoppers because they give you more inventory to compare and more chances to find the right color, mileage, and equipment mix. They also tend to be the easiest years to shop if you want a balance of newer features and broad availability.

What is the Lexus IS's resale value?

Most model years in the table are moving lower year over year, which is good news if you’re shopping used and want more room to negotiate. A few years are essentially flat or slightly higher, so the pattern is mixed rather than one-directional. The biggest drops are concentrated in the newer and mid-cycle years, while the small gains suggest some versions are still holding demand.

The 2015, 2016, and 2023 model years are holding steady, with prices close to flat year-over-year.

The 2021, 2015, and 2016 model years have held their value best, with prices flat to rising year-over-year.

Is the Lexus IS safe?

• 2026: 6/10
• 2022: 8/10
• 2021: 7/10
• 2015: 9/10

For the safest used buy, the 2015 model posts the highest confirmed score of 9/10.

Should I buy a used Lexus IS now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −4.54% versus a year ago, and the 2024 model is at −1.24%.
• Deal availability: The 2025 model has 36.3% good and great deals, and the 2024 model has 36.7%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $42,851. The Lexus IS offers a sporty, upscale driving character that makes it appealing if you want a compact luxury sedan with personality.

Consider waiting if:

• Powertrain/efficiency: The IS 350 has a 3.5-liter V6 engine making 311 horsepower and 280 pound-feet of torque, and it is EPA-rated at 22 mpg combined.
• Tech: Two 12.3-inch displays greet occupants, and the 12.3-inch touchscreen has the latest Lexus Interface infotainment system software.
• Safety: For 2026, the IS upgrades from the Lexus Safety System+ (LSS+) 2.5 driver-assistance tech to version 3.0.
• Starting price: Prices range from $46,895 to $63,095, including the $1,345 destination charge.

If you're buying used today, the 2024 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for 2027 inventory to mature.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.