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Used 2023 Lexus IS for Sale near New Brunswick

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CarGurus Analysis: 2023 Lexus IS

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Summary

  • With 73 currently listed for sale and an average price of $43,721.00 CAD, 23.3% 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 sports sedan that blends sharp styling with a driver-focused character. Lexus positions the IS as an entry-level model in its lineup, and its appeal is aimed at buyers who want a fun-to-drive sedan with relatively compact proportions. It is also described as less practical for families because the back seat is really tight, which makes it a better fit for young professionals or drivers who rarely carry passengers.

For 2023, the IS sits within the third generation, which had already gained a major refresh for 2021. That update brought Apple CarPlay and Android Auto, a touchscreen display update, and standard equipment such as NuLuxe synthetic leather seats, heated front seats, an eight-inch infotainment screen, passive entry, push-button start, dual automatic climate controls, and 18-inch wheels. Standard safety equipment also includes the Lexus Safety System+ with automatic emergency braking, pedestrian detection, lane departure warning, adaptive cruise control, automatic high beams, and lane trace assist, while blind spot monitoring and rear cross-traffic alert are standard as well. Those features help make the 2023 Lexus IS feel well equipped even before adding options.

Its strengths are balanced by a few familiar drawbacks. The pros listed for the model include fun-to-drive manners, easy-to-use technology, and standard advanced safety features, while the cons point to not much cargo space, cramped back seats, and poor fuel economy. That mix gives the 2023 Lexus IS a clear identity: it is a stylish, compact luxury sedan that prioritises driving enjoyment and equipment, but asks buyers to accept limited practicality in return.

Other model years to consider

  • 2022 Lexus IS

    • Average price: $39,911.00 CAD
    • Good/great deal percentage: 21.0%
    • User rating: 5 / 5
    • Total listings: 62
  • 2024 Lexus IS

    • Average price: $45,851.00 CAD
    • Good/great deal percentage: 21.5%
    • Total listings: 65
  • 2025 Lexus IS

    • Average price: $54,230.00 CAD
    • Good/great deal percentage: 24.6%
    • Total listings: 61

This analysis is based on CarGurus' proprietary market data from August 6, 2026, CarGurus experts' opinions, and generative AI.