How much does a new Lexus IS cost?
In the United States, a new Lexus IS starts around $40,000 for the IS 300, with the IS 350 typically from about $45,000, and the high-performance IS 500 from roughly $60,000 before options. Actual prices depend on trim, drivetrain, packages, and destination charges.
This article explains the current pricing landscape for the latest Lexus IS lineup, what goes into the sticker price, and how to budget for taxes, fees, and optional features. It reflects the 2024–2025 model-year offerings in the U.S. market and may vary by region and dealership promotions.
Current lineup and starting prices
The following list provides starting MSRPs for the newest IS models available in the U.S. market. Use these figures as a baseline; final prices will include destination charges and any selected options.
- Lexus IS 300 — from about $40,000
- Lexus IS 350 — from about $45,000
- Lexus IS 500 — from about $60,000
Prices above are starting point figures and do not include the destination charge, taxes, title, and other fees. Buyers should expect variation based on color, options, and dealer incentives or rebates.
What influences the final price
Several factors can push the final checkout amount higher or lower, depending on how you configure the car and where you purchase it.
Trim levels and options
The base price covers only the essentials; adding packages, premium audio, leather upholstery, advanced driver-assistance features, and performance-oriented options can increase the sticker by several thousand dollars. Availability of certain features may vary by model year and region.
Drivetrain and packages
All-wheel drive typically adds a premium over rear-wheel-drive on some trims. Optional packages (such as upgraded audio, navigation, and driver-assistance suites) also contribute to the total price. Specialty or appearance packages can further raise the cost, depending on choices like wheels and exterior paints.
Additional costs to plan for
Beyond the listed MSRP, buyers should consider several ancillary charges that affect the out-the-door price.
- Destination charge and handling
- Taxes, title, and registration
- Dealer processing fees and potential documentation fees
- Extended warranties or service plans, if pursued
These items can vary by state and dealer, so confirm the full out-the-door price before signing. It’s also worth shopping around for incentives, financing deals, and seasonal offers that Lexus or local dealers may run.
Smart budgeting tips for prospective buyers
To get the value you want without overpaying, consider the following strategies:
- Define your must-have features and separate them from nice-to-have add-ons.
- Get price quotes from multiple dealers and compare the out-the-door cost rather than just the sticker price.
- Explore manufacturer incentives, certified pre-owned programs, and special financing rates.
- Factor in resale value and ownership costs over time when choosing a trim.
Before committing, run the numbers for a realistic monthly payment and total cost of ownership, including insurance, fuel, maintenance, and depreciation. If you’re flexible on options, you may be able to land a better deal on a model with fewer add-ons.
Summary
The Lexus IS lineup offers a spectrum of pricing from the entry-level IS 300 around $40,000 to the performance-focused IS 500 starting near $60,000, with the IS 350 positioned between those figures. Final pricing hinges on drivetrain choice, packages, paint and wheel options, and destination charges, plus taxes and fees. For the most accurate out-the-door price, obtain quotes from several dealers, check for current incentives, and carefully review which features you truly need versus what’s merely aspirational.
