About the Lexus IS
The new Lexus IS is a Medium Luxury offered in a 4D Sedan body style. Available in Australia from $61,500 (MLRP, excl. on-roads) for the Luxury variant and topping out at $78,100 for the F Sport Enhancement Pack.
There are 5 variants of the IS available in Australia and this generation went on sale in October of 2020.
Engine options include 2.5L petrol direct injection (164kW/221Nm), 3.5L gasoline direct injection & multi-point (232kW/380Nm) and 2.0L turbo gasoline direct injection & multi-point (180kW/350Nm). Available with variable sp automatic or 8-speed automatic transmissions. All variants feature rear-wheel drive.
The new 2021 IS is offered with a 4 year, 100,000 km warranty.
Pros
Cons
Comparative Rating
Quickly see how this car stacks up against its competition. Select any benchmark to see more details.
Towing & Off-Road Capability
2023 Lexus IS Price
Luxury Enhancement Pack
| Configuration | Price From* |
|---|---|
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | $63,500 |
| 2.5L, variable sp auto, 4-door Sedan, Petrol, RWD | $66,500 |
Luxury
| Configuration | Price From* |
|---|---|
| 2.5L, variable sp auto, 4-door Sedan, Petrol, RWD | $64,500 |
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | $61,500 |
Luxury Enhancement Pack 2
| Configuration | Price From* |
|---|---|
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | $67,000 |
| 2.5L, variable sp auto, 4-door Sedan, Petrol, RWD | $70,000 |
F Sport
| Configuration | Price From* |
|---|---|
| 2.5L, variable sp auto, 4-door Sedan, Petrol, RWD | $73,000 |
| 3.5L, 8-speed auto, 4-door Sedan, Petrol, RWD | $75,000 |
| 3.5L, 8-speed auto, 4-door Sedan, Petrol, RWD | $74,877 |
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | $70,000 |
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | $69,877 |
F Sport Enhancement Pack
| Configuration | Price From* |
|---|---|
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | $73,100 |
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | $72,977 |
| 2.5L, variable sp auto, 4-door Sedan, Petrol, RWD | $76,100 |
| 3.5L, 8-speed auto, 4-door Sedan, Petrol, RWD | $78,100 |
| 3.5L, 8-speed auto, 4-door Sedan, Petrol, RWD | $77,977 |
All Lexus IS Pricing
2023 Lexus IS Boot Space
2023 Lexus IS Gallery
CarExpert High Resolution Photos of the Lexus IS

2023 Lexus IS Safety Rating
2023 Lexus IS Fuel Economy
| Lexus IS | Fuel Type | Combined |
|---|---|---|
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | Premium Unleaded | 8.2 L/100km |
| 2.5L, variable sp auto, 4-door Sedan, Petrol, RWD | Premium Unleaded | 5.1 L/100km |
Cost of ownership
What are the running and servicing costs of a Lexus IS?
How does the 2023 Lexus IS drive?
Our expert take on Lexus IS drivability.
2023 Lexus IS Colours
What colours are available for the Lexus IS
2023 Lexus IS Warranty
Should you buy the 2023 Lexus IS
Is this the right car for you? Out experts buy or not guide.
Lexus IS FAQs
The cheapest Lexus IS is the Luxury that starts from $61,500.
The most expensive Lexus IS is the F Sport Enhancement Pack that starts from $78,100.
The best towing capacity of a Lexus IS is null kg offered by the following variants: Luxury, Luxury Enhancement Pack, Luxury Enhancement Pack 2, F Sport and F Sport Enhancement Pack.
The largest Lexus IS is the Luxury which measures 1840mm wide, 4710mm in length and sits 1435mm tall.
The most powerful Lexus IS is the F Sport which has 232kW of power from its 3.5L Gasoline Direct Injection & Multi-Point engine.
The Lexus IS is built in Japan and shipped to Australia.
The heaviest Lexus IS is the F Sport which weighs 2145 kg (kerb weight).
The Lexus IS uses Premium Unleaded.