Used 2023 Lexus IS for Sale near Port Dover, ON

Summary

• With 62 currently listed for sale and an average price of $44,164.00 CAD, 22.6% 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: $38,874.00 CAD
  • Good/great deal percentage: 31.1%
  • User rating: 5 / 5
  • Total listings: 61

• 2024 Lexus IS

  • Average price: $48,234.00 CAD
  • Good/great deal percentage: 26.2%
  • Total listings: 61

• 2025 Lexus IS

  • Average price: $54,129.00 CAD
  • Good/great deal percentage: 17.9%
  • Total listings: 56

This analysis is based on CarGurus' proprietary market data from August 31, 2026, CarGurus experts' opinions, and generative AI.