How much does a Lexus IS300 cost?
The Lexus IS300 starts around $41,000 in the United States for a new model, with higher trims and options lifting the price into the mid-to-high $40,000s. Used prices vary widely—from a few thousand dollars for older examples to the $30,000s or higher for relatively recent, well-kept cars.
This article outlines current pricing for new and used IS300s, explains how prices differ across generations and trims, and offers practical tips for budgeting and shopping in today’s market.
New IS300: What it costs today
Prices for a brand-new IS300 depend on the drivetrain, trim, and optional packages. The following figures reflect typical starting points in the U.S. market as of 2024–2025. Destination charges and regional taxes may affect the final price.
- IS 300 RWD: starting around $41,000
- IS 300 AWD: starting around $44,000
- IS 300 Luxury and IS 300 F Sport trims: typically in the mid- to high-$40,000s, rising with added options
Prices increase with Premium, Executive, and other packages, and destination charges must be added to the base price. Local incentives, dealer pricing, and regional taxes can also influence the final out-the-door amount.
Used IS300 pricing by generation
The used market for the IS300 spans multiple generations, with prices driven by age, mileage, condition, and upkeep history. Below is a rough guide to typical asking prices by era to help readers benchmark values.
- 2001–2005: first-generation IS300 — usually about $4,000–$9,000
- 2006–2009: second-generation IS 250/IS 350 — typically $6,000–$15,000
- 2010–2013: third-generation IS 250/IS 350 — generally $12,000–$22,000
- 2014–2016: fourth-generation IS 250/IS 350 — commonly $16,000–$28,000
- 2017–2020: IS 300/IS 350 era (with newer turbo and revised specs) — roughly $25,000–$40,000
- 2021–2023: more recent IS 300/IS 350 variants — often $35,000–$45,000 for well-kept, low-mileage examples
Prices can vary by market and condition, so readers should use vehicle-history reports and professional appraisals, and consult valuation sources such as Kelley Blue Book, Edmunds, TrueCar, and CarGurus for current, area-specific figures.
New vs. used: budgeting considerations
New car considerations
Buying new offers warranty coverage, the latest safety features, and predictable maintenance costs. However, new-car depreciation begins the moment you drive off the lot, and dealer add-ons can inflate the sticker price. Always check the bottom-line price, including destination, taxes, and any incentives.
Used car considerations
Used IS300s can deliver substantial savings but require careful vetting: a clean vehicle history, a thorough pre-purchase inspection, and awareness of age-related wear items such as suspension components, timing chains/buid (where applicable), and maintenance history. The upside is access to recent technology and higher trims at a fraction of the new price.
Where to look for pricing data and how to verify values
To confirm current numbers and avoid overpaying, cross-check multiple sources and consider regional differences. Start with manufacturer and third-party valuation sites, then compare local listings to gauge market reality.
- Lexus official site (for current MSRP and configuration)
- Kelley Blue Book (KBB)
- Edmunds
- TrueCar
- CarGurus and local dealer inventories
When evaluating a used IS300, prioritize a documented service history, a clean title, and a professional inspection to confirm mechanical and cosmetic condition before buying.
Summary
The cost of a Lexus IS300 ranges from about $41,000 for a new base model in the U.S., rising with trims and options, to a broad used-market spectrum that starts in the low thousands for older cars and can reach the mid-to-high $40,000s for newer, low-mileage examples. Buyers should weigh total ownership costs, verify prices across multiple sources, and consider market timing and regional incentives to secure the best deal. A careful, informed approach can help shoppers find value whether they choose a pristine new IS300 or a well-kept used model.
