Lexus IS F 2nd Gen
The Lexus IS F was the brand's first true performance sedan, packing a high-revving 5.0L V8 to challenge the German establishment. It's a sought-after and reliable choice for enthusiasts looking for a practical, naturally aspirated V8 experience.
Find one with Spotter →Lexus IS F 2nd Gen sold for a median of $26,800 over the last 12 months, based on 11 auction sales; the middle 50% sold between $21,497 and $32,875. 381 currently for sale.
The Lexus IS F debuted in 2008 as the first model from the brand's 'F' performance division. Developed at Fuji Speedway, it was Lexus's direct answer to the BMW M3 and Mercedes-Benz C63 AMG. The heart of the IS F is its 5.0L 2UR-GSE V8 engine, producing 416 horsepower, paired exclusively with an 8-speed automatic transmission. With its signature stacked quad-exhaust tips and muscular bodywork, it was a bold statement from a brand known for comfort and reliability.
Collectors appreciate the IS F for its unique blend of Japanese dependability and old-school V8 muscle. As naturally aspirated V8s become extinct, the IS F's high-revving engine and sharp throttle response are increasingly desirable. It represents a significant moment in Lexus history and offers a more understated, reliable alternative to its German rivals from the period. It's a practical performance car you can use daily without the worry of excessive maintenance costs.
The market for the IS F is well-established, with average prices sitting around $31,000. It offers tremendous value compared to European competitors, both in initial cost and long-term ownership. Prices are holding steady, indicating a strong enthusiast following that appreciates the car's unique character and robust engineering.
Buying Tips
- Check for coolant leaks from the engine's 'valley plate' located between the cylinder heads. Look for pink, crusty residue, as this is a common and expensive repair.
- Later models are more desirable. For 2010, the suspension was retuned for a better ride, and 2011+ models received another suspension update and a standard Torsen limited-slip differential.
- Inspect interior plastics, especially on 2008-2010 cars. The dashboards and door panels are known to become sticky or melt over time in warm climates.
- Verify the water pump's service history. It's a known failure point, so check records for a replacement or listen for bearing noise from the front of the engine.
Based on 41 sales, prices for the Lexus IS F range from $14,750 to $47,000, depending on year, mileage, and condition.
666 Lexus IS F 2nd Gen vehicles have been tracked across auctions and listings on Hypercars, with 381 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
Frequently Asked Questions
How much does a Lexus IS F 2nd Gen cost?
Over the last 12 months, Lexus IS F 2nd Gen sold for a median of $26,800 across 11 auction sales tracked on Hypercars; the middle 50% sold between $21,497 and $32,875. There are 381 currently for sale.
How many Lexus IS F 2nd Gen listings are for sale right now?
There are 381 Lexus IS F 2nd Gen listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.