A small luxury sedan, the 2016 Lexus IS is much closer to outdoing the competition than it was last year, and much of that is thanks to what lies underneath the hood. Before, the entry model was the Lexus IS 250, which was a largely fine car that sadly suffered from an outdated engine. This year, the model now steps aside for the IS 200t, boasting a major four-cylinder engine that can generate 241 horses, giving it a competitive edge compared to vehicles from Europe.
As stated, new for 2016 is the IS 200t along with the IS 300, which uses a 3.5-liter V6 rather than the turbocharged engine. Other minor changes include new 18-inch wheels as the standard choice for the Lexus IS 350. In all, the 2016 Lexus IS can be purchased in three models: the IS 200t, the IS 300 and the IS 350.
The IS 200t sports a turbocharged 2.0-liter engine that generates 258 lb-ft of torque and 241 horses with rear-wheel drive and an eight-speed automatic transmission. In terms of fuel economy, you should see 22/33/26. The IS 300's V6 makes 255 horses and only comes with a six-speed automatic transmission and all-wheel drive. This powertrain setup will net you returns of 19/26/21.
The precision steering of the 2016 Lexus IS sedan is a pleasant change compared to last year's iteration, adding to the confidence of the driver behind the wheel. The ride quality is also considerably improved as it's much more supple; in fact, it's nearly comparable to the Lexus GS sedan.
How to Calculate The Dealer Cost of a Lexus IS:
Formula for Calculating Dealer Cost:
Example: Base Lexus IS invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Note: All Lexus IS Prices above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.
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