New Lexus IS for Sale nearJersey City, NJ

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 $28,177, and its lowest point over the past year was $24,322. 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 feel and a long-running reputation for quality. 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 trade-offs that show up in expert reviews are limited cargo space, a noisy cabin in some situations, and value that can feel less compelling on certain years.

34.1% of listings are priced as good or great deals.

Are Lexus IS models reliable?

Owners and experts consistently point to the Lexus IS’s strong build quality, premium feel, and enjoyable driving character. The model’s sporty design and smooth handling also come through repeatedly in owner feedback.

• Owners rate the Lexus IS between 3 and 5 out of 5 stars across all model years in the data.

For used buyers, the long-term ownership picture looks favorable if you prioritize a sedan with a strong reputation for durability and quality.

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

Across all model years, at 64% 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: 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, with the IS 350’s 3.5-liter V6 and a choice of RWD or AWD; a good starting point if you want the updated 2026 design and core luxury features.
• F Sport: Adds a firmer suspension and is the better-value choice if you want the sharper driving feel, with an optional Handling Package that brings 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.

Those higher-volume years tend to be popular because they give you a strong mix of availability, newer features, and a wide range of prices. More listings also make it easier to compare condition, mileage, and deal quality before you buy.

What is the Lexus IS's resale value?

Most model years in the table are down year over year, which is good news if you’re shopping used and want prices that have softened. The declines are generally modest rather than dramatic, and the newer years still show meaningful movement lower. That gives you a market where patience can help, especially if you’re focused on recent model years.

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

The 2016, 2015, and 2021 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

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 −3.01% versus a year ago, and the 2024 model is at −2.67%.
• Deal availability: The 2025 model has 39.2% good and great deals, and the 2024 model has 40.4%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $41,295. The Lexus IS offers a sporty driving character, a premium cabin, and a polished overall feel.

Consider waiting if:

• Powertrain/efficiency: The IS 350 has a 3.5-liter V6 engine making 311 horsepower and 280 pound-feet of torque. RWD models have an eight-speed automatic transmission, while AWD models have a six-speed automatic. 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. 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.

How does the 2022 Lexus IS compare to the 2022 BMW 3 Series?

Expert Pros & Cons (per CarGurus review team)

2022 Lexus IS:

• Pros: Fun to drive, Easy-to-use technology, Standard advanced safety features.
• Cons: Not much cargo space, Noisy, Poor value for money.

2022 BMW 3 Series:

• Pros: Fun to drive, Multiple powertrain options, Easy-to-use technology.
• Cons: Manual transmission not available, Advanced safety features are not standard, Stereo is lacking.

Our experts score the 2022 Lexus IS 8.2/10 and the 2022 BMW 3 Series 8.7/10. The Lexus gives you standard advanced safety features and a fun driving feel, while the BMW adds multiple powertrain options and a slightly higher expert score. The Lexus also carries a higher average used price, while the BMW offers more listings and a lower average used price.

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.