2023 Lexus IS Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
Lexus IS Pricing for the 300, 350 F Sport, 500 F Sport, Performance Premium and Launch Edition Trims
To find the best possible price on a new Lexus IS, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Rydeshopper, Edmunds, NADAguides, Motortrend & CarsDirect
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.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here.)
Offering three engine options, the 2022 Lexus IS delivers a thrilling ride without sacrificing comfort and utility. This sport sedan also boasts lots of performance-tuned technologies, like the Sport+ Mode and Adaptive Variable Suspension.
What's New for 2022?
Making a debut on the 2022 Lexus IS, the Premium Package adds several luxurious amenities to the base model. The Memory Package has also been enhanced for better convenience. This lavish Lexus sedan also offers the Comfort Package with climate-controlled front seats and other high-end features.
Trim Levels
The 2022 Lexus IS 300 rolls on 18-inch alloy wheels with split spokes. Featuring the Dark Metallic design, 19-inch alloy wheels are standard on the IS 350 F Sport model. The IS 500 F Sport Performance is equipped with 19-inch, 10-spoke alloy wheels. Some other exclusive features on this high-performance model include stacked quad exhaust tips and the Yamaha rear dampers. The IS 500 F Sport Performance Premium has the Dynamic Navigation, 17 speakers from Mark Levinson and other high-tech items. Additionally, the IS 500 F Sport Performance Launch Edition flaunts the Smart Access key card for enhanced security.
Exterior
As a sport sedan, the 2022 IS naturally comes in eye-catching exterior colors. This lavish Lexus model is sold in Infrared, Grecian Water, Ultrasonic Blue Mica 2.0 and other stunning finishes. A carbon-fiber rear spoiler adds athletic styling to this high-end car. Premium triple-beam LED headlamps accentuate the vehicle's lavish design. A raised hood is another exclusive styling option on this sporty model.
Technology
The 2022 IS boasts the Lexus Multimedia System with a color touch screen that measures 8 inches wide. Most trims offer a 10.3-inch touch screen with enhanced features. Every model includes the Enform Remote function, which is managed on a compatible mobile application. A 4G Wi-Fi hotspot, Bluetooth and Android Auto are some premium connectivity options inside this luxurious sport sedan. The Remote Touchpad provides a convenient way for managing the multimedia console.
Safety
Activated during the assembly process, the Lexus Safety System+ 2.5 suite delivers next-generation safety technologies. Six crash-prevention features are part of this proprietary bundle, including the Lane Departure Alert and Pre-Collision System. This sport sedan also has the default Blind Spot Monitor that closely scans the driver's blind zones in real time. A backup camera with dynamic colored gridlines eliminates any doubt for rolling in reverse. This lavish car has the standard Rear Cross-Traffic Alert that's on the lookout for any cars creeping up from behind.
Most models are available with the optional Intuitive Parking Assist, which provides semi-automated parking help. With views from the Panoramic View Monitor, the driver will see any obstacles standing in the way. Featuring 10 standard air bags, the 2022 Lexus IS dominates the class in passive safety. Additionally, the TPMS provides direct readings of every tire's gauge pressure in real time.
Performance
The 2022 Lexus IS 300 model taps into a total of 241 horsepower from a 2.0-liter engine block. This inline-four, turbocharged powertrain develops 258 pound-feet of peak torque at various tachometer readings. When equipped with an all-wheel drive, the base trim gets a 3.5-L engine that generates a maximum of 260 hp. This naturally aspirated, V-6 powerplant cranks out 236 lb-ft of torque. The IS 350 F Sport harnesses up to 311 hp and 280 lb-ft from the six-cylinder powertrain.
When wearing the IS 500 badge, this luxury Lexus sedan boasts a 5.0-L engine that spits out a total of 472 hp. Unleashing 395 lb-ft of peak torque, this V-8 powerhouse propels the vehicle from 0 to 60 mph in only 4.4 seconds on the track. A normally aspirated induction system governs combustion in the eight-cylinder engine block.
Most of the 2022 Lexus IS models roll on a rear-wheel drive (RWD) system that enables rapid acceleration and dynamic driving on paved surfaces. Carrying the patented TORSEN label, a limited-slip differential controls the mechanics of the rear driveline. The RWD system is paired with the Direct-Shift automatic transmission system that makes eight preset gear speeds. The AWD system works in concert with a six-speed automatic transmission system. Both gearboxes could be accessed through electronic paddle shifters on the sporty steering wheel.
With five options to choose from the Drive Mode Select, you could properly calibrate the driving experience in the 2022 Lexus IS. As expected, the Sport+ Mode increases the stiffness of the suspension system and steering wheel for enhanced control on the road or track. Similarly, the Sport Mode ensures a thrilling ride for novice drivers taking charge of this high-end sedan. The Normal and Custom modes should be reserved for routine driving conditions on highways and secondary roads. Additionally, the ECO Mode prioritizes efficiency over power and acceleration.
Fuel Efficiency
When running on a rear-wheel drive, the 2022 Lexus IS 300 gets 31 mpg on the highway as verified by the EPA. This base model is rated at 21 mpg in the city. An AWD configuration reduces the fuel economy to a combined rating of 22 mpg. The IS 350 F Sport earns a combined rating of up to 23 mpg. Tuned for spirited driving instead of efficient cruising, the IS 500 trims deliver a combined fuel efficiency of 20 mpg.
The 2022 Lexus IS offers phenomenal value in sporty performance and high-tech connectivity for discerning drivers. This luxurious sport sedan also has best-in-class safety technologies from the Lexus Safety System+ 2.5 platform.
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Note: All Lexus IS MSRP, invoice and dealer cost dollar figures above 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.
