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How much is the 2021 Lexus is?

In the U.S., the 2021 Lexus IS lineup started around $39,950 for the IS 300 RWD and climbed higher for AWD and the V6-powered IS 350 variants, with top trims approaching the mid-to-upper $40,000s before options.


Pricing snapshot for the U.S. market


This section summarizes the estimated manufacturer’s suggested retail prices (MSRP) for the 2021 IS lineup in the United States, by drivetrain and trim. Prices are indicative and do not include destination charges, taxes, or options.



  • IS 300 (RWD) — starting around $39,950

  • IS 300 (AWD) — starting around $41,450

  • IS 350 (RWD) — starting around $41,500

  • IS 350 (AWD) — starting around $44,000

  • IS 350 F Sport — starting around $46,000


Prices above reflect base MSRPs for the U.S. market as launched, and can vary by region, dealer incentives, and optional packages.


What distinguishes the trims


The IS 300 uses a 2.0-liter turbocharged four-cylinder engine, while the IS 350 employs a 3.5-liter V6. The F Sport variant adds sport-tuned suspension, unique styling cues, and upgraded interior touches. All trims offered Lexus Safety System+ 2.0, a modern infotainment setup, and a range of comfort and convenience features, with options that can push final price higher.


Used pricing and depreciation


Since the model year is now out of production, used prices depend on mileage, condition, and local demand. Clean examples with moderate miles typically trade in the broad mid-$30,000s to low-$40,000s range, while lower-mileage or certified pre-owned units can command higher prices.


Factors that affect price and how to shop


When shopping for a 2021 IS, consider mileage, trim level, optional packages, exterior color and interior materials, and overall vehicle condition. Regional incentives, dealer fees, and financing terms also shape the total cost of ownership.


Summary


The 2021 Lexus IS offered a price spectrum from roughly the high $30k range for entry-level configurations up to the upper $40k range for higher trims and all-wheel-drive variants. Prospective buyers should verify exact pricing with local dealers, account for destination charges and options, and consider used-market values if purchasing a pre-owned model.

Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.