Used Lexus IS for Sale nearJanesville, WI

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 $28,777, and its lowest point over the past year was $24,328. 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 choice if you want a sporty luxury sedan with a loyal owner following and a clear personality. The all-generations owner rating is 4.61/5 across every model year in the data.

Owners consistently praise the Lexus IS for its sporty design, smooth handling, and luxurious interiors. They also frequently highlight the balance of performance and comfort, along with reliability and excellent build quality.

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

The main trade-offs across recent expert-tested years are poor fuel economy, limited cargo space, and tight rear seating. In some years, reviewers also call out outdated technology or incomplete safety ratings.

32.1% of listings are priced as good or great deals.

Are Lexus IS models reliable?

Owners and experts consistently point to the Lexus IS as a sporty, well-built sedan with a premium feel and strong reliability reputation. Across the model years in this data, that combination shows up again and again in owner feedback and expert commentary.

• 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, long-term ownership risk looks manageable when you choose a well-kept example and verify service history, especially on older model years.

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

Across all model years, at 66.2% 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: Two 12.3-inch displays with the latest Lexus Interface infotainment system software, plus Wireless Apple CarPlay and Android Auto
• Fuel efficiency: Regardless of drivetrain, the IS 350 is EPA-rated at 22 mpg combined.

Which Lexus IS trim should I buy?

The 2026 Lexus IS offers these trims:

• F Sport Design: The least expensive trim, with the 3.5-liter V6 and the updated 2026 cabin and exterior; it suits you if you want the newest design and core IS character at the entry point.
• F Sport: Adds a firmer suspension and is the best-value choice if you want the sharper driving feel, with the optional Handling Package bringing a limited-slip rear differential, performance-tuned adaptive suspension, and additional driving modes.
• F Sport Special Appearance Package: A limited-production version for shoppers who want a more distinctive look while staying within the 2026 IS 350 lineup.

What Lexus IS do most buyers choose?

The Lexus IS years with the most listings are 2024, 2023, and 2025.

Higher-volume years tend to draw more shoppers because they offer a wider selection of examples, more pricing competition, and a better chance of finding the equipment and condition you want.

What is the Lexus IS's resale value?

Most model years in the table have moved lower year over year, which can work in your favor if you’re shopping used. The changes are generally modest, with only one year showing a gain, so pricing has been fairly stable overall rather than swinging sharply in either direction.

The 2021, 2015, and 2016 model years have held their value best, with the smallest year-over-year price changes.

Is the Lexus IS safe?

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

For 2026, the IS upgrades from the Lexus Safety System+ (LSS+) 2.5 driver-assistance tech to version 3.0, and the list of features is a long one.

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 −2.41% versus a year ago, and the 2024 model is at −2.62%.
• Deal availability: The 2025 model has 35.1% good and great deals, and the 2024 model has 34.8%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $42,175. The Lexus IS offers a sporty, premium driving character that makes it appealing if you want style and engagement in a compact luxury sedan.

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 regardless of drivetrain, the IS 350 is EPA-rated at 22 mpg combined.
• Tech: Two 12.3-inch displays greet occupants when they get into the Lexus IS, and Wireless Apple CarPlay and Android Auto are standard.
• Safety: For 2026, the IS upgrades from the Lexus Safety System+ (LSS+) 2.5 driver-assistance tech to version 3.0, and the list of features is a long one.
• 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 the next model year's inventory to build up.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.