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CarGurus Analysis: 2024 Lexus IS

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Summary

  • With 63 currently listed for sale and an average price of $45,779.00 CAD, 22.2% of 2024 Lexus IS models for sale on CarGurus are rated as good or great deals.

  • 100.0% of 2024 Lexus IS models on CarGurus are accident free.

  • The 2024 Lexus IS continues to attract younger buyers with its fun-to-drive nature, compact proportions, and a reputation for reliability.

Why it stands out

The 2024 Lexus IS stands out in the competitive luxury sedan market due to its blend of performance, style, and advanced technology. As the entry-level model in the Lexus lineup, it appeals to younger professionals seeking a sporty yet practical vehicle. The IS has undergone significant updates, including a recent facelift that introduced a more aggressive exterior design and the latest tech features from Lexus. With a focus on driving enjoyment, the IS offers a responsive handling experience, making it a joy to drive. However, potential buyers should note that the rear seating space is limited, which may not suit families or those needing extra passenger room. Overall, the 2024 Lexus IS remains a compelling choice for those looking for a reliable and stylish luxury sedan.

Other model years to consider

  • 2022 Lexus IS

    • Average price: $39,680.00 CAD
    • Good/great deal percentage: 20.7%
    • User rating: 5 / 5
    • Total listings: 58
  • 2023 Lexus IS

    • Average price: $43,460.00 CAD
    • Good/great deal percentage: 22.9%
    • User rating: 4.8 / 5
    • Total listings: 70
  • 2025 Lexus IS

    • Average price: $54,151.00 CAD
    • Good/great deal percentage: 27.4%
    • Total listings: 62

This analysis is based on CarGurus' proprietary market data from August 3, 2026, CarGurus experts' opinions, and generative AI.