Used 2022 Lexus IS for Sale near Northwest Territories

How much does the 2022 Lexus IS cost?

Prices have softened 6.61% compared to this time last year, making it a favourable time to shop this model year.

There are 64 listings available, which suggests a modest amount of inventory for you to compare.

Is the 2022 Lexus IS a good car?

Yes — the 2022 Lexus IS earns a 5/5 user rating and an 8.17/10 expert rating. The standout strength is Technology at 10/10.

Owners consistently praise its luxurious feel, quiet ride, and reliable performance. The review summary also points to the powerful V6 engine and all-wheel drive as reasons it feels rewarding to drive. In practical terms, that lines up well if you want a compact luxury sedan that feels polished in daily use but still has enough personality to keep driving interesting.

The market also shows 28.1% of listings as good or great deals, which gives you some room to shop selectively.

Is the 2022 Lexus IS reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The review summary highlights reliable performance, and the expert evaluation reinforces that with praise for the comfort, quality, and dependability you expect from a Lexus. It also describes the car as docile and obedient in daily driving situations, which supports the idea that it should be easy to live with over time.

For used buyers, the main ownership risk is less about outright durability and more about whether the specific car has been maintained well and still feels as composed as it should.

What should I look for when buying a used 2022 Lexus IS?

Key things to evaluate:

• Trim level: The IS 500 F Sport Performance adds a raised hood, quad exhaust outlets, exclusive 19-inch lighter-weight alloy wheels, and a stealthier look, while still sharing the same basic interior layout as the IS 350 F Sport. It also includes triple-beam headlights, a navigation system, a surround-view monitoring system, and a 17-speaker Mark Levinson premium sound system.
• Powertrain: The IS 500 F Sport Performance uses a naturally aspirated 5.0-litre V8 with 472 hp and 395 lb-ft of torque, paired with an eight-speed automatic and rear-wheel drive. Lexus also pairs it with adaptive variable suspension, a Yamaha rear performance damper, and upgraded brakes.
• Safety package: Lexus Safety System+ 2.5 is standard on all 2022 IS models. It includes driving assistance, collision warning and emergency braking, lane keep assist, collision-prevention technologies, blind spot monitoring, adaptive cruise control with lane-centring assistance, and lane-departure warning. Some functions can be overly aggressive in certain traffic and road situations.
• Infotainment: The system uses an 8-inch touchscreen with Apple CarPlay, Android Auto, Bluetooth, SiriusXM satellite radio, and connected services. The IS 500 also adds a 10.3-inch touchscreen, navigation, and a 17-speaker Mark Levinson premium audio system.
• Fuel efficiency: The IS 500 averaged 13.3 L/100 km in evaluation, and the official combined rating is 11.9 L/100 km.

Which 2022 Lexus IS trim should I buy?

The 2022 Lexus IS is offered in 1 trim level: IS 500 F Sport Performance.

Here's the short version:

The IS 500 F Sport Performance is the one to buy if you want the full character of this model year: the V8, the rear-wheel-drive layout, the adaptive suspension, the upgraded brakes, and the premium audio and navigation equipment. It is the clear choice for you if driving enjoyment matters more than fuel savings or bargain pricing.

The safety package note is straightforward: Lexus Safety System+ 2.5 is standard.

Is now a good time to buy a used 2022 Lexus IS?

This is a moderate, selective buyer’s market, so you can afford to be choosy without waiting forever.

• Deal availability: 28.1% of listings are priced as good or great deals.
• Inventory: There are 64 listings available.
• Price trend: Prices have softened 6.61% compared with last year.

If you find a listing below $38,876 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2022 Lexus IS's resale value?

The current average of $39,737 CAD sits slightly below last year's $42,552 CAD.

That softer pricing suggests the market has become a bit more favourable for buyers, which can make future resale planning more important if you are shopping now. If you buy at the right price, you may have less downside exposure later than someone who paid closer to the earlier average.

The model’s strong enthusiast appeal and premium positioning should help support demand, especially for well-kept examples with desirable equipment. Even so, the recent price decline means you should be realistic about how quickly values may recover.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Is the 2022 Lexus IS safe?

The 2022 Lexus IS earns the highest overall rating of “Top Safety Pick+” from IIHS and an overall rating of five stars from NHTSA. It earns four-star ratings in frontal crash and rollover, and five-star ratings in all other NHTSA tests.

It earns an 8/10 safety score from our experts.

Lexus Safety System+ 2.5 is standard on all 2022 IS models. It includes collision warning and emergency braking, lane keep assist, collision-prevention technologies, blind spot monitoring, adaptive cruise control with lane-centring assistance, and lane-departure warning. The system is generally well regarded, but some functions can react too aggressively in tighter curves or in heavy city traffic.

Should I buy a 2022 Lexus IS or consider a different year?

If you're weighing the 2022 against nearby model years, here's how to think about it:

Choose the 2022 if:

• 28.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 6.61% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• The 2022 adds the IS 500 F Sport Performance and its V8-focused performance character.

Consider the 2021 if:

• At $38,982 CAD, the 2021 costs less than the current year's $39,737 CAD average.
• It marks the start of the new generation with a sharper, more driver-oriented feel.

The bottom line: If you want the strongest blend of performance, safety, and owner satisfaction, the 2022 is the better target. If your priority is saving a bit of money and you are comfortable giving up the 2022’s added performance appeal, the 2021 is the value-minded alternative.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.