Lexus IS

Launched as a direct competitor to the BMW 3 Series, the Lexus IS is a Japanese sport sedan that's prized for its balance and tuning potential. It's most notable for its rear-wheel-drive platform and the coveted 2JZ-GE inline-6 engine.

Lexus IS sold for a median of $14,000 over the last 12 months, based on 76 auction sales; the middle 50% sold between $6,130 and $23,688. 12,221 currently for sale.

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Seen across 8 sites in the last 30 days.

Lexus IS prices by version

VersionMedian saleMiddle 50%Auction sales
IS 1st Gen$11k$6.1k–$15k29
IS 2nd Gen$6.6k$3.2k–$15k23
IS 3rd Gen$50k$24k–$59k13
IS F 2nd Gen$26k$21k–$28k10

Auction sales in the last 12 months; prices leave out salvage and other branded titles.

Lexus IS prices by year

YearMedian (3 yrs)Middle 50%Sales (3 yrs)For sale now
1999$8.6k–23
2000$8.9k–28
2001$11k$9.2k–$14k9540
2002$13k$9k–$15k30449
2003$15k$10k–$18k21329
2004$11k–3257
2005$13k$8.7k–$17k4156
2006$17k$14k–$18k5623
2007$3.6k$800–$7.5k11727
2008$24k$14k–$30k19990
2009$3.1k$2.4k–$6.5k4474
2010$14k$11k–$18k7519
2011$27k$23k–$30k14448
2012$24k$22k–$27k4362
2013$15k–1181
2014$24k$14k–$35k4861
2015$22k$20k–$23k4742
2016$10k–1729
2017$24k–1473
2018––0450
2019$24k–2299
2020––0164
2021––0402
2022$58k–3330
2023$54k$53k–$58k7546
2024$66k–3371
2025$63k$54k–$68k4373
2026––0132

Auction sales in the last 3 years; prices leave out salvage and other branded titles.

Listings

The Lexus IS debuted in the US for 2001 as the IS 300, a direct competitor to the BMW 3 Series. It featured a rear-wheel-drive platform and the coveted 2JZ-GE inline-6, instantly earning a reputation for its balance and tuning potential. The first generation (XE10) is remembered for its distinct style, including the chronograph-style gauge cluster, and it laid the groundwork for future performance models.

Collectors prioritize the first-generation IS 300 with the 5-speed manual transmission, a rare combination that offers a pure driving experience. The durability of the 2JZ engine makes these cars popular with tuners and preservationists alike. Later, the IS F, powered by a 5.0L V8, carved its own niche as a reliable and potent Japanese muscle sedan, and clean examples are now highly sought after.

Buying Tips

  • The 5-speed manual in the first-gen IS 300 is rare. Check for signs of a transmission swap and verify the car's original spec.
  • The 2JZ-GE engine's timing belt needs replacement every 90,000 miles. A failure will cause significant engine damage, so confirm this service has been done.
  • On V8-powered IS F models, inspect for a coolant leak from the valley plate. This is a known issue and a time-consuming repair.
  • Dashboards on 2006-2013 models can become sticky in the heat. Lexus issued a warranty enhancement for this, so check if the dashboard has been replaced.
  • Many IS 300s are heavily modified. Finding a stock, unmodified example is difficult and adds significant value.

27,573 Lexus IS vehicles have been tracked across auctions and listings on Hypercars, with 12,221 currently live.

Data sourced from auction results and dealer and private listings, including Bring a Trailer, Cars & Bids, Mecum, RM Sotheby’s and eBay Motors. Updated daily.

Frequently Asked Questions

How much does a Lexus IS cost?

Over the last 12 months, Lexus IS sold for a median of $14,000 across 76 auction sales tracked on Hypercars; the middle 50% sold between $6,130 and $23,688. There are 12,221 currently for sale.

How many Lexus IS listings are for sale right now?

There are 12,221 Lexus IS listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.

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