Used 2024 Lexus IS for Sale near Saskatchewan

How much does the 2024 Lexus IS cost?

Prices have softened 3.58% compared to this time last year, making it a favourable time to shop this model year.

There are 69 listings available, which gives you a modest amount of choice in the used market.

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 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.

It also 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. For buyers who value sharp styling, a sporty character, and a well-equipped cabin in a smaller luxury sedan, it remains distinctive.

With 17.4% of listings marked as good or great deals, you have some room to shop selectively rather than rush.

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 reputation matters if you want a luxury sedan that feels less risky to own over time than many performance-oriented alternatives.

For used buyers, that generally points to lower long-term ownership risk, especially if you prioritise durability and predictable day-to-day use.

Is now a good time to buy a used 2024 Lexus IS?

This is a moderate market for selective buyers, so you can shop carefully and still find worthwhile listings.

• Deal availability: 17.4% of listings are priced as good or great deals.
• Inventory: There are 69 listings available.
• Price trend: Prices have softened 3.58% compared with last year.

If you find a listing below $45,772 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 $49,069 CAD sits slightly below last year's $50,889 CAD.

That price movement suggests the market has eased a bit, which can help you buy with less pressure today. For a future seller, it also means resale values remain supported, but you should not expect a strong upward swing if the broader trend continues to soften.

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:

• 17.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 3.58% compared with last year.

The bottom line: The 2024 Lexus IS is the better fit if you want a compact luxury sedan with a sporty character, a well-equipped cabin, and a strong reliability reputation. If your priority is stretching your budget further, a nearby model year may be worth comparing, but the 2024 is a sensible primary target when you want a balanced used luxury pick.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.