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CarGurus Analysis: 2023 Lexus IS

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Summary

  • With 76 currently listed for sale and an average price of $43,344.00 CAD, 31.6% 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 continues to impress with its sporty design, smooth performance, and luxurious interior, making it a strong contender in the compact luxury sedan market. Owners appreciate its excellent handling and value for money, although some have noted that the sound system could be improved. The IS has been a staple in the Lexus lineup for over 25 years, appealing particularly to younger buyers due to its competitive pricing and compact size. The latest model features a refreshed design and updated technology, ensuring it remains relevant against rivals like the BMW 3 Series and Audi A4. With a reputation for reliability and a high percentage of accident-free vehicles, the Lexus IS is an attractive option for those seeking a stylish and dependable sedan.

Other model years to consider

  • 2022 Lexus IS

    • Average price: $39,998.00 CAD
    • Good/great deal percentage: 32.3%
    • User rating: 5 / 5
    • Total listings: 65
  • 2016 Lexus IS

    • Average price: $23,202.00 CAD
    • Good/great deal percentage: 36.0%
    • User rating: 4.9 / 5
    • Total listings: 50
  • 2024 Lexus IS

    • Average price: $45,999.00 CAD
    • Good/great deal percentage: 27.5%
    • Total listings: 69

This analysis is based on CarGurus' proprietary market data from July 20, 2026, CarGurus experts' opinions, and generative AI.

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