The Lexus IS has faithfully served as the entry-level Lexus sedan for decades. It’s a more affordable alternative to German rivals while touting the safety, reliability, and overall quality for which the Lexus brand is famous. The 2024 model carries the torch with a luxurious cabin, modern tech, and engaging performance, especially with the stunning V8-powered IS 500 models. If you’re looking for a reliable luxury car that won’t break the bank and SUVs aren’t your thing, the IS deserves a look.
The 2024 Lexus IS competes with entry-level luxury cars like the Genesis G70, Cadillac CT4, and Infiniti Q50. What makes the IS stand out? A generous list of standard features, a variety of powertrain options, and outstanding resale values.
What’s New:
The base powertrain in the Lexus IS is now available with the F Sport treatment for the first time. In addition to the new IS 300 F Sport trims, the IS 350 is now available with a stylish Blackout Package.
Our Recommendation:
The IS 350 F Sport delivers engaging performance, sporty styling, and luxurious amenities while keeping the price reasonable.
IS 300
- Starts at $40,085 | See listings
- Turbo 4-cylinder engine with 241 horsepower
- 18-inch alloy wheels
- LED headlights
- NuLuxe interior trim
- Dual-zone climate control
- Sport mode
- 8-inch touchscreen display
- Android Auto/Apple CarPlay
- SiriusXM
- Lexus Safety System+ 2.5
- See more
IS 300 AWD
- Starts at $42,085 | See listings
- V6 engine with 260 horsepower
- All-wheel drive
- See more
IS 300 F Sport Design
- Starts at $41,905 (RWD), $43,945 (AWD) | See listings
- 19-inch wheels
- F Sport appearance package
- Heated front seats
- See more
IS 300 F Sport
- Starts at $43,155 (RWD), $45,195 (AWD) | See listings
- F Sport-tuned suspension
- Cold air intake
- Performance-inspired instrumentation
- Active Sound Control
- F Sport front seats
- Heated and ventilated front seats
- Heated steering wheel
- Black Geometric interior trim
- Aluminum sport pedals
- Rain-sensing wipers
- See more
IS 350 F Sport Design
- Starts at $43,260 (RWD), $45,260 (AWD) | See listings
- V6 with 311 horsepower
- F Sport-tuned suspension
- See more
IS 350 F Sport
- Starts at $44,510 (RWD), $46,510 (AWD) | See listings
- Available F Sport Handling Package
- Available Blackout Package with BBS wheels
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IS 500 F Sport Performance
- Starts at $58,870 | See listings
- V8 with 472 horsepower
- 19-inch Enkei wheels
- F Sport-tuned adaptive variable suspension system
- Yamaha rear performance dampers
- Bigger brakes
- Sport S+ drive mode
- Torsen limited-slip differential
- Stacked quad exhaust tips
- Power moonroof
- Intuitive parking assist system
- See more
IS 500 F Sport Performance Premium
- Starts at $63,370 | See listings
- Triple-beam LED headlights
- Power rear sunshade
- 10.3-inch touchscreen
- Navigation
- Mark Levinson 17-speaker audio
- Panoramic view monitoring
- See more
2024 Lexus IS 300: $40,085
The base Lexus IS 300 is the most affordable Lexus sedan. Starting at just over $40K, it strikes a good balance of luxury and value.
The standard engine in the IS 300 is a 2.0-liter turbocharged 4-cylinder rated at 241 horsepower and 258 lb-ft of torque. Output is sent to the rear wheels via an 8-speed automatic transmission. With an EPA fuel economy rating of 21 mpg city/31 mpg highway/25 mpg combined, it’s the most fuel-efficient version of the IS.
Standard features in the 2024 Lexus IS 300 include 18-inch alloy wheels, LED headlights, NuLuxe interior trim, dual-zone climate control, a Sport driving mode, an 8-inch touchscreen display, Android Auto, Apple CarPlay, and SiriusXM.
The standard Lexus Safety System+ 2.5 bundles driver assistance features like automatic emergency braking, lane-keeping assist, road sign assist, full-speed adaptive cruise control, automatic high beams, and blind-spot monitoring.
Think of the base IS 300 as a blank slate that you can make your own with a long list of option packages and individual options. The Comfort Package ($2,475) adds heated and cooled front seats, a heated steering wheel, a power moonroof, rain-sensing wipers, an auto-dimming mirror with HomeLink, and black geometric interior trim. The Premium Package ($4,120) makes the IS a more luxurious sedan with features like 19-inch wheels, a memory system for the driver’s seat, mirrors, and steering wheel, open-pore wood trim, a power rear sunshade, a power moonroof, and the contents of the Comfort Package.
A Navigation Package ($1,670) brings a 10.3-inch touchscreen with navigation, and a Navigation/Mark Levinson Premium Audio Package ($2,750) further adds a Mark Levinson 17-speaker audio system.
Individual options include triple-beam LED headlights ($1,250), Intuitive Parking Assist ($565), a panoramic view monitor ($1,365), and a Mark Levinson audio system ($1,080).
With the $1,150 destination fee, the 2024 Lexus IS 300 costs $41,235. On a 60-month loan with 5% financing and $0 down, the monthly payment comes to $778. See 2024 Lexus IS 300 models for sale near you
2024 Lexus IS 300 includes:
Efficient 4-cylinder engine – The IS 300 with RWD is the most efficient version of this luxury sedan. It returns up to 31 mpg on the highway.
Lexus Safety System+ 2.5 – This standard safety tech suite bundles automatic emergency braking, lane-keeping assist, adaptive cruise control, and more.
Android Auto and Apple CarPlay – These essential smartphone connectivity features make it easy to bring your maps, music, and more from your phone to the screen in your car.
2024 Lexus IS 300 AWD: $42,085
Lexus does something a little unusual when it adds all-wheel drive to the IS 300. It gives the car a totally different engine. The IS 300 AWD is powered by a 3.5-liter V6, producing 260 hp and 236 lb-ft of torque. It sends output to all four wheels via a 6-speed automatic transmission. The V6 in the IS 300 AWD gets 19 mpg city/26 mpg highway/22 mpg combined.
Other than the powertrain, the standard and available features for the IS 300 AWD are the same as those of the RWD model.
With the $1,150 destination fee, the 2024 Lexus IS 300 AWD costs $43,235. On a 60-month loan with 5% financing and $0 down, the monthly payment comes to $816. See 2024 Lexus IS 300 AWD models for sale near you
2024 Lexus IS 300 AWD includes:
260-horsepower V6 engine – When you add AWD to the IS 300, it also adds a more powerful V6 engine.
All-wheel drive – All-wheel drive gives the Lexus IS better agility on dry pavement and better traction on slippery roads.
2024 Lexus IS 300 F Sport Design: $41,905 (RWD), $43,945 (AWD)
The F Sport Design trim adds a sporty appearance package to the IS 300. The appearance package includes 19-inch wheels, unique bumpers, a rear spoiler, and F Sport exhaust tips. Heated front seats also come standard.
The IS 300 F Sport Design has the same powertrain options as the regular IS 300. If you add AWD, you also get a V6 engine.
The only options available for the F Sport Design trim are the Navigation Package ($1,670) and a power sunroof ($1,100).
With the $1,150 destination fee, the 2024 Lexus IS 300 F Sport Design costs $43,055. On a 60-month loan with 5% financing and $0 down, the monthly payment comes to $813. See 2024 Lexus IS 300 F Sport Design models for sale near you
2024 Lexus IS 300 F Sport Design includes:
19-inch wheels – These stylish 19-inch wheels have a dark metallic finish for a stylish, sporty aesthetic.
F Sport body – The F Sport appearance package includes sporty front and rear ends, a rear spoiler, F Sport exhaust tips, and more.
Heated front seats – Standard heated front seats are a nice bonus of the F Sport Design trim.
2024 Lexus IS 300 F Sport: $43,155 (RWD), $45,155 (AWD)
The F Sport trim adds enhancements beyond the sporty appearance package. An F Sport-tuned suspension improves the handling, and a cold air intake aids power while giving the engine a more satisfying sound.
Like the lower IS 300 trims, adding AWD brings a V6 engine.
Additional standard features include performance-inspired instrumentation, a G-force display, Active Sound Control, F Sport front seats, heated and ventilated front seats, a heated steering wheel, black geometric interior trim, aluminum sport pedals, a rear center armrest with cupholders, an auto-dimming mirrors with the HomeLink universal garage door opener, and rain-sensing wipers.
In addition to the options available for the F Sport Design trim, the F Sport is available with a Memory Package ($575), a Navigation/Mark Levinson Premium Audio Package ($2,750), a Navigation Package ($1,670), triple beam LED headlights ($1,250), Intuitive Parking Assist ($565), a panoramic view monitor ($1,365), Mark Levinson audio ($1,080), and a power rear sunshade ($210).
With the $1,150 destination fee, the 2024 Lexus IS 300 F Sport costs $44,305. On a 60-month loan with 5% financing and $0 down, the monthly payment comes to $836. See 2024 Lexus IS 300 F Sport models for sale near you
2024 Lexus IS 300 F Sport includes:
Upgraded suspension and intake – An F Sport-tuned suspension and a cold air intake enhance the performance of the F Sport.
F Sport seats – These sporty front seats have large side bolsters but are still comfortable. They’re also heated and ventilated.
Active Sound Control – Noise canceling technology reduces unwanted road noise in the cabin but still lets you hear the engine and exhaust during spirited driving.
2024 Lexus IS 350 F Sport Design: $43,260 (RWD), $45,260 (AWD)
The IS 350 uses an upgraded version of the 3.5-liter V6 engine in the AWD-equipped versions of the IS 300. The IS 350 produces 311 hp and 280 lb-ft of torque. Like the IS 300, the IS 350 uses an 8-speed transmission with RWD and a 6-speed if you upgrade to AWD. This powertrain returns 20 mpg city/28 mpg highway/23 mpg combined with RWD and 19 mpg city/26 mpg highway/22 mpg combined with AWD.
Other than the engine and a standard F Sport-tuned suspension, the standard and optional features in the IS 350 F Sport Design are very similar to those of the IS 300 F Sport Design.
With the $1,150 destination fee, the 2024 Lexus IS 350 F Sport Design costs $44,410. On a 60-month loan with 5% financing and $0 down, the monthly payment comes to $838. See 2024 Lexus IS 350 F Sport Design models for sale near you
2024 Lexus IS 350 F Sport Design includes:
311-hp V6 – This powerful V6 brings a welcome performance upgrade to the IS while keeping the price reasonable.
F Sport suspension – The IS 350 F Sport Design trim comes standard with F Sport-tuned performance suspension, giving the car sharper handling manners.
2024 Lexus IS 350 F Sport: $44,510 (RWD), $46,510 (AWD)
The IS 350 F Sport comes with the IS 300 F Sport upgrades, plus a few extra options. The available F Sport Handling Package ($1,160) brings a Sport S+ drive mode, an F Sport-tuned adaptive variable suspension, and a Torsen limited-slip differential. There’s also a Blackout Package ($3,425) with 19-inch matte black BBS wheels, dark chrome exterior trim, the Memory Package, and the F Sport Handling Package.
With the $1,150 destination fee, the 2024 Lexus IS 350 F Sport costs $45,660. On a 60-month loan with 5% financing and $0 down, the monthly payment comes to $862. See 2024 Lexus IS 350 F Sport models for sale near you
2024 Lexus IS 350 F Sport includes:
Available F Sport Handling Package – This option package gives the IS better driving dynamics with features derived from the IS 500. This includes F Sport adaptive variable suspension, a limited-slip differential, and a Sport S+ drive mode.
Available Blackout Package – Besides adding the F Sport Handling Package features, the Blackout Package adds matte black BBS wheels, dark chrome exterior trim, and a memory package.
2024 Lexus IS 500 F Sport Performance: $58,870
The IS 500 represents peak performance in the IS lineup. The 500 in the name indicates a mighty V8 engine under the hood producing 472 hp and 395 lb-ft of torque. It’s available only with rear-wheel drive. The EPA rates the IS 500 at 17 mpg city/25 mpg highway/20 mpg combined.
This sports sedan is more than just an engine upgrade. The IS 500 F Sport Performance trim comes with 19-inch Enkei wheels, an F Sport-tuned adaptive variable suspension, Yamaha rear performance dampers, bigger brakes, a Sport S+ drive mode, a Torsen limited-slip differential, stacked quad exhaust tips, a power moonroof, F Sport Performance scuff plates, and an intuitive parking assist system.
The only factory option for the 2024 Lexus IS 500 F Sport Performance is 19-inch forged BBS alloy wheels in matte black ($2,450).
With the $1,150 destination fee, the 2024 Lexus IS 500 F Sport Performance costs $60,020. On a 60-month loan with 5% financing and $0 down, the monthly payment comes to $1,133. See 2024 Lexus IS 500 F Sport Performance models for sale near you
2024 Lexus IS 500 F Sport Performance includes:
472-hp V8 – This mighty V8 makes the Lexus IS a veritable sports sedan. The grunt of the V8 and the premium interior make the IS 500 a modern performance luxury car with some old-school charm.
Adaptive variable suspension – This F Sport-tuned adaptive suspension makes the IS 500 more comfortable on the freeway yet more agile in the corners.
Sport S+ mode – The track-ready Sport S+ drive mode unlocks the full potential of the IS 500, making for an incredibly thrilling driving experience.
2024 Lexus IS 500 F Sport Performance Premium: $63,370
The IS 500 F Sport Performance Premium trim sits at the top of the IS model range. In addition to what you get in the IS 500 F Sport Performance model, this trim comes with triple-beam LED headlights, a power rear sunshade, the upgraded 10.3-inch infotainment screen with navigation, a Mark Levinson audio system, and panoramic view monitoring. This trim is for enthusiasts who want luxury and performance with no compromise.
With the $1,150 destination fee, the 2024 Lexus IS 500 F Sport Performance Premium costs $64,520. On a 60-month loan with 5% financing and $0 down, the monthly payment comes to $1,218. See 2024 Lexus IS 500 F Sport Performance Premium models for sale near you
2024 Lexus IS 500 F Sport Performance Premium includes:
Upgraded infotainment system – This IS gets the bigger 10.3-inch screen and onboard navigation.
Mark Levinson audio – With 17 speakers, this premium audio system brings a rich sound to the IS cabin.
Panoramic view monitoring – This feature makes parking easier by giving you a clear view of your surroundings.