Used 2024 Lexus IS for Sale near Newfoundland and Labrador
- Year:
- 2023
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Exterior colour:
- Silver
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 65,000
- Stock #:
- 1059 - 19B
- VIN:
- JTHG81F22P5051954
2023 Lexus IS
300 F SPORT 2 AWD
65,000 km
$44,599
- Year:
- 2024
- Make:
- Lexus
- Model:
- IS
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 260 hp 3.5L V6
- Exterior colour:
- Red
- Combined gas mileage:
- 11 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 39,181
- Stock #:
- NM01013155
- VIN:
- JTHG81F2XR5052854
2024 Lexus IS
300 F Sport AWD
39,181 km
$45,959
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CarGurus Analysis: 2024 Lexus IS
Summary
- With 79 currently listed for sale and an average price of $49,451 CAD, 15.2% of 2024 Lexus IS listings on CarGurus are rated as good or great deals.
Why it stands out
The 2024 Lexus IS stands out as a compact luxury sports sedan that has long appealed to buyers who want a fun-to-drive feel in an entry-level Lexus package. It is positioned as the brand’s entry-level model, with comparatively low pricing and compact proportions, and it is especially suited to young professionals or drivers who rarely carry passengers. That said, its back seat is really tight, so it is less practical for families.
For 2024, the Lexus IS sits within the third generation and benefits from the broader updates that define this long-running version. The model offers a strong mix of standard luxury and safety equipment, including passive entry, push-button start, an eight-inch infotainment screen, dual automatic climate controls, Bluetooth, and standard advanced safety features. It also has a reputation for being reliable, which helps explain why used examples tend to hold their value well.
There are trade-offs, though. The Lexus IS is not especially generous on cargo space, and its fuel economy is poor. Even so, for buyers who value sharp styling, a sporty character, and a well-equipped cabin in a smaller luxury sedan, the 2024 Lexus IS remains distinctive.
Other model years to consider
- 2022 Lexus IS
- Average price: $40,037 CAD
- Good/great deal percentage: 31.0%
- User rating: 5 / 5
- Total listings: 71
- 2023 Lexus IS
- Average price: $45,401 CAD
- Good/great deal percentage: 19.3%
- User rating: 4.8 / 5
- Total listings: 83
- 2017 Lexus IS
- Average price: $24,075 CAD
- Good/great deal percentage: 38.0%
- User rating: 4.5 / 5
- Total listings: 50
Similar models to consider
- 2024 BMW 3 Series
- Average price: $47,780 CAD
- Good/great deal percentage: 34.5%
- User rating: 5 / 5
- Total listings: 145
- 2024 Audi A4
- Average price: $35,500 CAD
- Good/great deal percentage: 25.0%
- Total listings: 76
- 2024 Mercedes-Benz C-Class
- Average price: $45,822 CAD
- Good/great deal percentage: 35.3%
- User rating: 5 / 5
- Total listings: 187
This analysis is based on CarGurus' proprietary market data from October 2, 2026, CarGurus experts' opinions, and generative AI.
2024 Lexus IS Trims
| Trim type | MSRP |
|---|---|
| 500 F Sport Performance RWD | $58,870 |
| 300 Ultra Luxury AWD | -- |
| 350 F Sport 3 AWD | -- |
| 300 F Sport AWD | $45,195 |
| 350 F Sport 2 AWD | -- |
| 300 F Sport Design AWD | $43,945 |
| 350 F Sport AWD | $46,510 |
| 300 Premium AWD | -- |
2024 Lexus IS Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2024 Lexus IS prices has changed over time.
See more price trends2024 Lexus IS Pricing Analysis
Pricing by Popular Canadian Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: Vancouver, BC leads with an average price of $62,099 CAD, indicating a premium market for the Lexus IS.
- Best Value: London, ON offers the lowest average price at $45,348 CAD, presenting a more affordable option for shoppers.
- Inventory Drives Stability: Toronto, ON has the most listings at 33, suggesting a robust market presence that may enhance buyer options.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toronto, ON | 33 | $56,337 CAD |
| Montreal, QC | 24 | $50,333 CAD |
| Ottawa, ON | 17 | $46,860 CAD |
| Vancouver, BC | 12 | $62,099 CAD |
| London, ON | 11 | $45,348 CAD |
| Edmonton, AB | 10 | $48,126 CAD |
| Calgary, AB | 7 | $51,898 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The 300 AWD trim has the highest inventory with 79 listings, indicating strong demand for this configuration.
- Premium Spread: The 350 F Sport AWD trim, priced at $46,510 CAD, reflects a significant premium over the base trim, suggesting buyers are willing to pay more for enhanced features.
- Drivetrain Effect: All trims are equipped with AWD, which may appeal to Canadian consumers prioritising performance in diverse weather conditions.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| 300 AWD | 79 | $42,085 CAD | AWD | 3.5L 260 hp V6 |
| 350 F Sport AWD | 10 | $46,510 CAD | AWD | 3.5L 311 hp V6 |
| 300 F Sport Design AWD | 4 | $43,945 CAD | AWD | 3.5L 260 hp V6 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year shows an average price of $54,464 CAD, reflecting a 19.7% premium over its starting MSRP, indicating strong demand for newer models.
- Depreciation Curve: The 2015 model year exhibits the steepest depreciation at -51.3%, highlighting significant value loss over time.
- Best Value Sweet Spot: The 2024 model year, with an average price of $43,719 CAD, is one of the years priced above the starting MSRP, suggesting it may offer a good balance of value and features.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $45,500 CAD | $54,464 CAD | +19.7% |
| 2025 | $40,535 CAD | $47,890 CAD | +18.1% |
| 2024 | $40,085 CAD | $43,719 CAD | +9.1% |
| 2023 | $40,085 CAD | $42,348 CAD | +5.6% |
| 2022 | $39,125 CAD | $37,814 CAD | -3.4% |
| 2021 | $39,050 CAD | $34,652 CAD | -11.3% |
| 2020 | $38,560 CAD | $27,815 CAD | -27.9% |
| 2019 | $38,560 CAD | $24,785 CAD | -35.7% |
| 2018 | $38,210 CAD | $23,706 CAD | -38.0% |
| 2017 | $37,825 CAD | $20,712 CAD | -45.2% |
| 2016 | $37,325 CAD | $18,816 CAD | -49.6% |
| 2015 | $36,550 CAD | $17,788 CAD | -51.3% |
These recommendations are based on CarGurus' proprietary market data from September 25, 2026, CarGurus experts' opinions, and generative AI.
How much does the 2024 Lexus IS cost?
| Metric | Value |
|---|---|
| Current Average Price | $49,452 CAD |
| Year-Round Low | $45,780 CAD |
| Year-Round High | $50,497 CAD |
| Average Price a Year Ago | $49,444 CAD |
| Change vs. Last Year | +0.02% |
Prices have held steady compared to this time last year, signaling a stable and predictable market for this model year.
There are 79 listings available, which suggests a modest amount of inventory for shoppers to compare.
Is the 2024 Lexus IS a good car?
The 2024 Lexus IS stands out as a compact luxury sports sedan that appeals to buyers who want a fun-to-drive feel in an entry-level Lexus package. It is especially suited to young professionals or drivers who rarely carry passengers, and it offers a strong mix of standard luxury and safety equipment.
Its compact proportions, sharp styling, and well-equipped cabin give it a clear identity if you want a smaller luxury sedan with a sporty character. The trade-offs are that the back seat is really tight, cargo space is limited, and fuel economy is poor.
With 16.5% of listings priced as good or great deals, you have some room to shop selectively.
Is the 2024 Lexus IS reliable?
The 2024 Lexus IS has a reputation for being reliable, which helps explain why used examples tend to hold their value well. That makes it appealing if you want a luxury sedan that balances style and everyday dependability.
For used buyers, that reputation can reduce long-term ownership risk compared with many other sporty luxury sedans, especially if you plan to keep the car for several years.
Is now a good time to buy a used 2024 Lexus IS?
This looks like a moderate, selective buyer’s market, so you can shop carefully without expecting deep discounts across the board.
- Deal availability: 16.5% of listings are priced as good or great deals.
- Inventory: There are 79 listings available.
- Price trend: Prices have held steady compared with last year.
If you find a listing below $45,780 CAD, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2024 Lexus IS's resale value?
The current average of $49,452 CAD sits slightly above last year's $49,444 CAD.
That small increase suggests the 2024 Lexus IS is holding its value well in the used market. If you buy one and keep it in good condition, you can reasonably expect it to remain relatively resilient at resale time. For a future seller, that stability is a positive sign because it points to steady demand rather than sharp depreciation.
Should I buy a 2024 Lexus IS or consider a different year?
If you're weighing the 2024 against nearby model years, here's how to think about it:
Choose the 2024 if:
- 16.5% of listings are priced as good or great deals.
- Price trend: Prices have held steady compared with last year.
The bottom line: If you want the current-year version of the Lexus IS with stable pricing and a clear value proposition, the 2024 is the straightforward choice. If you are more price-sensitive, a nearby model year may give you a lower entry point while still delivering the same compact luxury-sedan formula.
These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.
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