Used Lexus IS for Sale nearMilwaukee, 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 $29,502, and its lowest point over the past year was $24,363. 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 driver-focused personality. The all-generations owner rating is 4.6/5 across every model year in the data.

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

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

The main trade-offs in recent expert-tested years center on fuel economy, cargo space, and rear-seat room, so you should expect the IS to prioritize style and driving enjoyment over everyday practicality.

33.3% 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 coming up often in reviews. Expert commentary also reinforces the model’s strong quality feel 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 favorable 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% 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 the latest Lexus Interface infotainment system software and 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, and a good starting point if you want the updated 2026 IS with the 3.5-liter V6 and the refreshed cabin and tech.
• F Sport: Adds a firmer suspension and is the best-value choice if you want the sharper performance focus, with the optional Handling Package bringing a limited-slip rear differential, a 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.

Higher-volume years tend to be the easiest to shop because you get more inventory to compare and a better chance of finding the right color, mileage, and equipment mix. They also tend to draw strong deal percentages, which helps make them popular used picks.

What is the Lexus IS's resale value?

Most model years are moving lower year over year, which is helpful if you want to buy used and benefit from softer pricing. A couple of years are nearly flat or slightly higher, showing that some versions are still holding value well. Overall, the pattern favors shoppers who want to wait for a better deal rather than pay peak pricing.

The 2015 and 2022 model years are holding steady, with prices close to flat year-over-year.

The 2021, 2015, and 2022 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 to Lexus Safety System+ 3.0.

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 −1.76% versus a year ago, and the 2024 model is at −2.32%.
• Deal availability: The 2025 model has 38.3% good and great deals, and the 2024 model has 38.1%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $42,525. The Lexus IS offers a sporty, driver-focused character with a premium cabin and a strong reliability reputation.

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 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 the next model year's inventory to build up.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.