Used 2023 Lexus IS for Sale near Manitoba

Summary

• With 73 currently listed for sale and an average price of $44,606 CAD, 16.4% of 2023 Lexus IS models for sale on CarGurus are rated as good or great deals.

• Favourably reviewed: Owners rated the 2023 Lexus IS 4.8 / 5 stars.

• 100.0% of 2023 Lexus IS models on CarGurus are accident free.

Why it stands out

The 2023 Lexus IS stands out as a compact luxury sedan that leans hard into driver appeal. Lexus positions the IS as a fun-to-drive sports sedan and an entry-level model in its lineup, with compact proportions that help explain why it tends to attract younger buyers. It also has a reputation for being reliable and holding its value well, which can make it a compelling used-car choice even when its asking prices run higher than some rivals.

For this generation, the IS combines sporty character with a long list of comfort and convenience features. Standard equipment includes passive entry, push-button start, a 10-way power adjustable driver’s seat, leatherette upholstery, HID headlights with washers, an eight-inch infotainment system, dual-zone climate control, and Bluetooth. The 2021 refresh brought Apple CarPlay and Android Auto, along with a touchscreen display update, and standard safety equipment expanded to include automatic emergency braking, pedestrian detection, lane departure warning, adaptive cruise control, automatic high beams, lane trace assist, blind spot monitoring, and rear cross-traffic alert. Available upgrades such as a 17-speaker Mark Levinson premium audio system, a power moonroof, navigation, and a larger infotainment screen add to its premium feel.

Its strengths are balanced by a few practical compromises. The IS is described as ideal for young professionals or people who rarely carry passengers, but less practical for families because the back seat is really tight. It also has not much cargo space and poor fuel economy. Even so, for buyers who want a small luxury sedan with sharp styling, easy-to-use technology, and a strong reputation for durability, the 2023 Lexus IS remains distinctive.

Other model years to consider

• 2022 Lexus IS

  • Average price: $39,364 CAD
  • Good/great deal percentage: 27.5%
  • User rating: 5 / 5
  • Total listings: 69

• 2024 Lexus IS

  • Average price: $48,369 CAD
  • Good/great deal percentage: 15.7%
  • Total listings: 70

• 2025 Lexus IS

  • Average price: $54,975 CAD
  • Good/great deal percentage: 13.6%
  • Total listings: 66

This analysis is based on CarGurus' proprietary market data from September 7, 2026, CarGurus experts' opinions, and generative AI.