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 $14,400 over the last 12 months, based on 75 auction sales; the middle 50% sold between $6,382 and $24,375. 12,470 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$7.4k$3.2k–$15k22
IS 3rd Gen$50k$24k–$59k13
IS F 2nd Gen$27k$23k–$35k10

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$10k–$14k8501
2002$13k$9k–$15k30435
2003$15k$10k–$18k21319
2004$11k–3240
2005$13k$8.7k–$17k4150
2006$17k$14k–$18k5658
2007$5.6k$3.8k–$11k7766
2008$26k$16k–$35k191,028
2009$3.7k–3512
2010$14k$11k–$18k7532
2011$26k$22k–$30k13465
2012$24k$22k–$27k4374
2013$15k–1201
2014$14k–3900
2015$22k$20k–$23k4780
2016$10k–1744
2017$24k–1488
2018––0467
2019$24k–2314
2020––0173
2021––0411
2022$58k–3326
2023$54k$53k–$58k7555
2024$66k–3373
2025$63k$54k–$68k4389
2026––0131

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.

28,365 Lexus IS vehicles have been tracked across auctions and listings on Hypercars, with 12,470 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 $14,400 across 75 auction sales tracked on Hypercars; the middle 50% sold between $6,382 and $24,375. There are 12,470 currently for sale.

How many Lexus IS listings are for sale right now?

There are 12,470 Lexus IS listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.

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