Summary

• With 68 currently listed for sale and an average price of $40,529.00 CAD, 33.8% of 2022 Lexus IS models for sale on CarGurus are rated as good or great deals.

• Favourably reviewed: Owners rated the 2022 Lexus IS 5 / 5 stars.

• 100.0% of 2022 Lexus IS models on CarGurus are accident free.

• The 2022 Lexus IS lineup features a significant improvement in performance, including the debut of the IS 500 F Sport Performance with a powerful 5.0-litre V8 engine.

Why it stands out

The 2022 Lexus IS distinguishes itself in the compact luxury sedan market with its blend of performance, comfort, and advanced technology. The introduction of the IS 500 F Sport Performance model, equipped with a robust 5.0-litre V8 engine producing 472 horsepower, offers an exhilarating driving experience that few competitors can match. This model not only delivers impressive power but also maintains the luxurious feel and quiet ride that Lexus is known for. Owners appreciate the car's reliability and the all-wheel drive option, making it suitable for various driving conditions. Additionally, the IS features a user-friendly touchscreen infotainment system and a suite of safety technologies, ensuring a modern and secure driving experience. While some may find the fuel efficiency lacking, the overall package of performance and luxury makes the 2022 Lexus IS a compelling choice for buyers seeking a premium sedan.

Other model years to consider

• 2023 Lexus IS

  • Average price: $43,287.00 CAD
  • Good/great deal percentage: 36.4%
  • User rating: 4.8 / 5
  • Total listings: 77

• 2024 Lexus IS

  • Average price: $46,492.00 CAD
  • Good/great deal percentage: 31.3%
  • Total listings: 67

• 2018 Lexus IS

  • Average price: $26,723.00 CAD
  • Good/great deal percentage: 25.5%
  • User rating: 4.29 / 5
  • Total listings: 51

This analysis is based on CarGurus' proprietary market data from July 13, 2026, CarGurus experts' opinions, and generative AI.