2023 Lexus IS Reviews, Pricing & Specs

Overview
The Lexus IS gets some new special packages for 2023, plus updated styling on its newer F Sport variant.
The 2023 Lexus IS combines the refinement of larger Lexus sedans with an added dose of athleticism in a sporty compact sedan. The IS lineup runs the gamut from modern luxury to thrilling performance in the form of the IS 500 F Sport.
What’s New for the 2023 Lexus IS
In 2021, the IS received refreshed styling, and in 2022, it gained the IS 500 F Sport. For 2023, the IS receives some new special packages, as well as updated styling for the F Sport model.
Design
The new-for-2023 Appearance Package is optional on the Lexus IS F Sport. This limited-edition (just 150 units) package features black accents inside and out, as well as black wheels. The IS 500 F Sport features a raised roof as well as quad-stacked exhaust outlets.
Powertrain
The model and naming conventions for the Lexus IS are a bit confusing, so pay close attention: The IS 300 comes with a 241-horsepower four-cylinder engine, sending power to the rear wheels. The IS 300 AWD swaps out the four-cylinder engine for a 260-hp V6 and, obviously, makes it all-wheel-drive. The IS 350 comes with a 311-horsepower V6, and the range-topping IS 500 F Sport features a 427-horsepower 5.0-liter V8 engine. The latter can sprint from zero to 60 mph in 4.4 seconds. All versions route power through an eight-speed automatic transmission.
Interior
The Lexus IS comes standard with dual-zone automatic climate control, remote keyless entry, push-button start, power-adjustable front seats, and synthetic leather upholstery. The Comfort package adds heated and ventilated front seats, a power moonroof, and rain-sensing windshield wipers. The F Sport trim adds a leather-wrapped steering wheel, a heated steering wheel, and an auto-dimming rear-view mirror. The IS comes standard with 10.8 cubic feet of trunk space.
Technology
The standard infotainment system in the 2023 Lexus IS is confusing to operate, consisting of a remote touchpad in the center console that manages an 8.8-inch digital display. Luckily, the available upgraded infotainment setup (Navigation/Mark Levinson Premium Audio Package) swaps out the confusing setup for a straightforward 10.3-inch touchscreen. Both setups come with Apple CarPlay, Android Auto, and Amazon Alexa. The package also adds a 17-speaker Mark Levinson stereo system.
Safety
The Lexus Safety System suite of driver-assistance features comes standard on the 2023 IS. It includes automatic emergency braking, forward-collision avoidance, pedestrian and cyclist detection, traffic-sign recognition, lane-departure warning, automatic high beams, adaptive cruise control, blind-spot monitoring, and rear cross-traffic alert. Available safety tech includes a 360-degree parking camera system, rain-sensing windshield wipers, and front and rear parking sensors.
Pricing
As of this writing, the base MSRP for the 2023 Lexus IS is listed at $40,895. Selecting AWD adds $2,000 to the price. The F Sport starts at $45,310. The IS 500 F Sport Performance starts at $58,670, and the range-topping IS 500 F Sport Performance Premium starts at $63,170. The Lexus IS is backed by a six-year/70,000-mile powertrain warranty.

What owners say
"Overall, owners of the 2023 Lexus IS appreciate its sporty design, smooth performance, and luxurious interior. Many reviewers noted that it offers great handling and good value for money. However, some felt that the sound system could use improvement. Despite this, the car's features and aesthetic appeal are often highlighted as major selling points."
Car is immaculate, runs smooth, beautiful interior, love the body exterior
January 27, 2025This car is exactly what I’d hoped for. Though it’s not the fastest, it’s super high quality, turns heads, is reliable, and sounds great.
December 22, 2025Perfect sporty looking and driving car with longevity in mind!
September 24, 2024What owners say
Car is immaculate, runs smooth, beautiful interior, love the body exterior
January 27, 2025This car is exactly what I’d hoped for. Though it’s not the fastest, it’s super high quality, turns heads, is reliable, and sounds great.
December 22, 2025Perfect sporty looking and driving car with longevity in mind!
September 24, 2024Great car comfortable, sporty, great handling, good value for the price point.
November 16, 2023Sound system could be better but it has plenty of other features worth the price tag!
July 7, 2023Trims & specs
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Base MSRP $58,270 | Seating 5 |
Engine 5.0L 472 hp V8 | Cargo Capacity 10.8 cu ft |
Combined MPG 21 | Drivetrain RWD |
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Base MSRP $43,160 | Seating 5 |
Engine 3.5L 311 hp V6 | Cargo Capacity 10.8 cu ft |
Combined MPG 24 | Drivetrain RWD |
Base MSRP $45,160 | Seating 5 |
Engine 3.5L 311 hp V6 | Cargo Capacity 10.8 cu ft |
Combined MPG 22 | Drivetrain AWD |
Base MSRP $40,085 | Seating 5 |
Engine 2.0L 241 hp I4 | Cargo Capacity 10.8 cu ft |
Combined MPG 26 | Drivetrain RWD |
Base MSRP $42,085 | Seating 5 |
Engine 3.5L 260 hp V6 | Cargo Capacity 10.8 cu ft |
Combined MPG 22 | Drivetrain AWD |
Base MSRP $44,410 | Seating 5 |
Engine 3.5L 311 hp V6 | Cargo Capacity 10.8 cu ft |
Combined MPG 24 | Drivetrain RWD |
Base MSRP $46,410 | Seating 5 |
Engine 3.5L 311 hp V6 | Cargo Capacity 10.8 cu ft |
Combined MPG 22 | Drivetrain AWD |
Base MSRP N/A | Seating N/A |
Engine N/A | Cargo Capacity N/A |
Combined MPG N/A | Drivetrain N/A |
Base MSRP $62,770 | Seating 5 |
Engine 5.0L 472 hp V8 | Cargo Capacity 10.8 cu ft |
Combined MPG 21 | Drivetrain RWD |
Pricing trends
MSRP range
$40,085 - $62,770
Current avg. market price
$40,258
Trending down by 1.1% this month
May 2026 - October 2026







