2023 Lexus IS 500

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2023 Lexus IS 500

Starting MSRP

$58,270

2 Trims Available

Lowest Dealer Price Found1

$58,270

Average Dealer Price Found2

$60,520

Highest Dealer Price Found3

$62,770

Compare Trims

F SPORT Performance 4dr Sedan
Starting MSRP
$58,270
Invoice Price
$55,298
Potential Savings
$2,972
Est. Monthly Payment
$875/mo
F SPORT Performance Premium 4dr Sedan
Starting MSRP
$62,770
Invoice Price
$59,568
Potential Savings
$3,202
Est. Monthly Payment
$942/mo

About The 2023 Lexus IS 500

The 2023 Lexus IS 500 is a compact Sedan offered in 2 trims, with pricing from $58,270 to $62,770 before options. The IS 500 pairs a 472-hp 5.0L V8 with an 8-Speed Shiftable Automatic transmission and a rear-wheel drive, returning an EPA-estimated 20 MPG combined drivetrain. Inside, the base trim IS 500 seats up to 5 with 10.8 cubic feet of maximum cargo space. Cross-shoppers typically compare it against the Cadillac CT5-V, Audi S5 Sportback, and BMW Z4. Use the pricing tools above to compare trims side by side, see what shoppers near you are actually paying, and unlock the best local dealer offer before you head in.

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Frequently Asked Questions

How much does the 2023 Lexus IS 500 cost?

The 2023 Lexus IS 500 starts at $58,270 and ranges up to $62,770 before options, depending on trim.

What trims are available on the 2023 IS 500?

The 2023 IS 500 is available in 2 trims. They are the F SPORT Performance 4dr Sedan and F SPORT Performance Premium 4dr Sedan.

Is the 2023 IS 500 available with all-wheel drive?

The 2023 IS 500 comes with rear-wheel drive.

What kind of fuel economy does the 2023 IS 500 get?

The 2023 IS 500 earns an EPA-estimated 20 MPG combined (17 city / 25 highway).

How many people does the 2023 IS 500 seat?

The base trim 2023 IS 500 seats up to 5 across 2 rows.

How much cargo space does the 2023 IS 500 have?

The 2023 IS 500 offers 10.8 cubic feet behind the rear seats.

What engine does the 2023 IS 500 have?

The 2023 IS 500 comes with a 472-hp 5.0L V8, paired with 8-Speed Shiftable Automatic.

What are the main competitors to the 2023 IS 500?

Shoppers cross-shopping the 2023 IS 500 often compare it against the Cadillac CT5-V, Audi S5 Sportback, and BMW Z4.

1 The lowest dealer price found is based on MSRP. MSRP, or Manufacturers Suggested Retail Price, is determined by the manufacturer of each brand, make and model and may not reflect the price at which vehicles are sold in your region. This MSRP displayed is for the lowest possible trim level with standard features.

2 The average dealer price found is based on MSRP. MSRP, or Manufacturers Suggested Retail Price, is determined by the manufacturer of each brand, make and model and may not reflect the price at which vehicles are sold in your region. This MSRP displayed is the mean MSRP that consumers are paying for all trim levels.

3 The highest dealer price found is based on MSRP. MSRP, or Manufacturers Suggested Retail Price, is determined by the manufacturer of each brand, make and model and may not reflect the price at which vehicles are sold in your region. This MSRP displayed is for the highest possible trim level with the most features.