Used Lexus IS for Sale nearMeridian, MS

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 $28,472, and its lowest point over the past year was $24,366. 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 sporty luxury sedan with a polished cabin and a reputation for reliability. 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, luxurious interiors, and strong build quality. Across the model years, the car also earns repeat praise for balancing performance and comfort while keeping a premium feel.

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

The main trade-offs that show up in recent expert reviews are tight rear-seat space, limited cargo room, and fuel economy that can be a concern in some versions.

34.0% of listings are priced as good or great deals.

Are Lexus IS models reliable?

Owners and experts consistently describe the Lexus IS as a stylish, fun-to-drive sedan with a premium cabin and a strong reliability reputation. The model’s long-running appeal comes from its blend of quality materials, sporty handling, and everyday refinement.

• 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 if you choose carefully and verify maintenance history, especially on older examples.

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

Across all model years, at 65.5% 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+ with forward collision warning, automatic emergency braking, lane departure warning, and adaptive cruise control.
• Infotainment: the latest Lexus Interface infotainment system software with a 12.3-inch touchscreen and wireless Apple CarPlay and Android Auto.
• Fuel efficiency: Regardless of drivetrain, the IS 350 is EPA-rated at 22 mpg combined. Our RWD test car averaged 22.5 mpg on our Southern California fuel-economy test route, 20.4 mpg on the mountainous vehicle evaluation loop, and 17.8 mpg for the city driving only.

Which Lexus IS trim should I buy?

The 2026 Lexus IS offers these trims:

• F Sport Design: The least expensive trim, giving you the IS 350’s core setup with rear-wheel drive or all-wheel drive.
• F Sport: The best-value trim if you want the sharper suspension tuning and the optional Handling Package with 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.

What Lexus IS do most buyers choose?

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

These higher-volume years tend to be popular because they combine broad availability with newer equipment and strong pricing. They also give you more choices across trims and condition levels, which makes it easier to find the right match.

What is the Lexus IS's resale value?

Most Lexus IS model years are moving lower year over year, which is good news if you’re shopping used and want more room to negotiate. The changes are generally modest, with only one year showing a small increase.

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 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 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 −2.37% versus a year ago, and the 2024 model is at −3.52%.
• Deal availability: The 2025 model has 39.7% good and great deals, and the 2024 model has 37.7%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $41,565. The Lexus IS offers a sporty driving feel, a premium cabin, and a polished overall character that make it easy to live with as a used 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 it is EPA-rated at 22 mpg combined.
• Tech: Two 12.3-inch displays greet occupants, and the latest Lexus Interface infotainment system software includes wireless Apple CarPlay and Android Auto.
• Safety: For 2026, the IS upgrades from the Lexus Safety System+ (LSS+) 2.5 driver-assistance tech to version 3.0, adding lane-centering assist, evasive steering assist, traffic-sign recognition, and Proactive Driving Assist.
• 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 October 13, 2026, CarGurus experts' opinions, and generative AI.