Summary

• With 93 currently listed for sale and an average price of $48,636.00 CAD, 37.6% 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 stands out with its sporty design and advanced technology features, attracting younger buyers as an entry-level luxury sedan.

Why it stands out

The 2024 Lexus IS continues to solidify its reputation as a fun-to-drive sports sedan, appealing particularly to young professionals who appreciate both its style and performance. With a history spanning over 25 years, the IS has evolved into a compact luxury model that competes directly with esteemed rivals like the BMW 3 Series and Audi A4. The latest iteration introduces enhanced design elements and cutting-edge technology akin to its luxury counterparts. Notably, the IS boasts a 100% accident-free rate among available models, making it a reliable choice for potential buyers. While it offers an exhilarating driving experience, the Lexus IS is better suited for those who prioritise style and performance over rear-seat space and cargo capacity.

Other model years to consider

• 2022 Lexus IS

  • Average price: $41,010.00 CAD
  • Good/great deal percentage: 33.7%
  • User rating: 5 / 5
  • Total listings: 83

• 2023 Lexus IS

  • Average price: $44,625.00 CAD
  • Good/great deal percentage: 36.4%
  • User rating: 4.8 / 5
  • Total listings: 107

• 2020 Lexus IS

  • Average price: $32,671.00 CAD
  • Good/great deal percentage: 35.6%
  • User rating: 4.5 / 5
  • Total listings: 59

This analysis is based on CarGurus' proprietary market data from May 25, 2026, CarGurus experts' opinions, and generative AI.