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 $29,103, and its year-round low is $24,344.96. That gives you a useful snapshot of where this model sits today, with recent years commanding the highest prices and older examples opening up more affordable entry points.

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 appeal across model years. 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 interiors. 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 in expert reviews are limited rear-seat space, modest cargo room, and fuel economy that trails the car’s strengths in style and driving feel.

26.8% of listings are priced as good or great deals.

Are Lexus IS models reliable?

Owners consistently describe the Lexus IS as a well-built, stylish sedan with strong reliability and a premium feel. Expert reviews also reinforce that impression through repeated praise for quality materials and favorable long-term ownership character.

• 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 reassuring, especially if you choose a well-maintained example with a clean history and service records.

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

Across all model years, at 66.4% 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: Lexus Interface infotainment system with a 12.3-inch touchscreen and wireless Apple CarPlay and Android Auto
• Fuel efficiency: 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, giving you the updated 2026 IS 350 formula with the 3.5-liter V6 and the model’s refreshed look.
• F Sport: The best-value trim if you want the sharper performance focus, and it adds 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 choice for buyers who want 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.

These higher-volume years tend to be the most popular used picks because they give you a strong mix of availability, pricing, and deal opportunities. More listings also make it easier to compare trims, colors, and equipment before you buy.

What is the Lexus IS's resale value?

Most model years 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 close to flat or slightly higher, so the pricing picture is mixed rather than uniformly falling.

The 2015, 2023, and 2024 model years are holding steady, with prices close to flat year-over-year.

The 2021, 2016, and 2015 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

Lexus Safety System+ 3.0 is standard on the 2026 model.

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 −3.3% versus a year ago, and the 2024 model is at −0.93%.
• Deal availability: The 2025 model has 31.4% good and great deals, and the 2024 model has 31.1%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $42,870. 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. 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. 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 2027 inventory to mature.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.