2023 Lexus IS — Carivo review Representative photo — may show another model year
Sedan

2023 Lexus IS

Independent review & score by Carivo

Price Range $39,697–$47,091
Fuel Economy 24 MPG
Seating 5 passengers
Category Sedan
Est. Annual Fuel $2,188/yr
The 2023 Lexus IS scores 8.4/10 at Carivo, ranking #6 of 1310 sedans and an estimated $2,188/year fuel cost.

Key Specifications — 2023 Lexus IS

Seating Capacity5 passengers
Body StyleSedan
Base Price$39,697–$47,091

Source: EPA FuelEconomy.gov & manufacturer data. Figures reflect base trim; actual specs vary by trim level.

About the 2023 Lexus IS

With an overall Carivo score of 8.4/10, the 2023 Lexus IS earns a Recommended rating among the sedans we've scored. Its strongest dimension is Reliability at 9.4/10, while Value at 7.5/10 is where it trails the competition most noticeably. It's a solid all-rounder that delivers across most dimensions without obvious deal-breakers.

Reliability and safety are the two dimensions that matter most for long-term ownership costs. We rate the Lexus IS's reliability at 9.4/10 — among the strongest in our sedan database, reflecting the nameplate's track record and recall history. On safety it earns 8.4/10: respectable, if not class-leading — several competitors bundle more driver-assist tech as standard. Check your trim's official ratings at nhtsa.gov.

The 8.1/10 performance score reflects a chassis and powertrain that punch above the segment norm — this is a sedan you choose partly for the drive itself. Technology scores 8.4/10 — one of the stronger tech packages in the segment. Expect a responsive infotainment system, broad smartphone integration, and a solid suite of driver-assistance features.

Priced from $39,697–$47,091, 24 MPG, seating 5, the Lexus IS sits in the mid-market bracket of the sedan segment. Value lands at 7.5/10 — you get what you pay for, no more and no less, with a few rivals offering slightly better per-dollar returns. At 3 years old, it's worth checking whether a newer generation or refresh has addressed any weaker dimensions — compare it to the current model year before buying.

Bottom line: Think of the 2023 Lexus IS as the dependable pick rather than the exciting one. Shoppers who value predictability over headlines will be well served.

Carivo scores are our own editorial assessment, informed by NHTSA safety and recall records, EPA fuel-economy figures, and manufacturer-published specifications. Scores are reviewed periodically and updated when new data becomes available. See our full methodology →

How It Ranks Among Sedans

The 2023 Lexus IS ranks #6 of 1310 sedans in the Carivo database — better than 100% of the segment. Its 8.4/10 overall score is 0.9 points above the segment average of 7.5/10. Its $39,697 starting price is about 43% above the segment's median of $27,664.

Rankings are recalculated as new vehicles and scores are added. See the full Sedan ranking → · Best Sedans under $50k →

5-Year Cost Snapshot — 2023 Lexus IS

Fuel (75,000 miles)~$10,940 ($2,188/year at $3.50/gal)
InsuranceVaries widely by driver and state — always quote the exact trim before buying

We only print costs we can compute from sourced data (EPA fuel economy, NHTSA recalls). We don't estimate maintenance or depreciation — anyone who gives you one number for those is guessing.

Which IS Year Should You Buy?

Smart-money pick: the 2020 Lexus IS scores 8.2/10 — within striking distance of the 2023's 8.4 — and starts roughly $3,500 lower. If you don't need the newest model year, that's money better spent on a higher trim or kept in your pocket.

YearScoreStarting price (MSRP when new)
2026 8.4/10$42,152 Read review →
2025 8.4/10$42,152 Read review →
2024 8.4/10$40,925 Read review →
2023 (this review) 8.4/10$39,697
2022 8.3/10$38,469 Read review →
2021 8.3/10$37,241 Read review →
2020 8.2/10$36,014 Read review →
2019 8.1/10$34,786 Read review →
2018 8.1/10$33,558 Read review →
2017 8.0/10$32,330 Read review →
2016 8.0/10$31,103 Read review →
2015 7.9/10$29,875 Read review →

Pros & Cons — 2023 Lexus IS

✓ What it does well

  • Proven long-term reliability — lower unplanned repair costs than class average
  • Strong safety ratings from NHTSA and independent testers
  • Good overall value; holds its own against pricier alternatives in the segment
  • Competent performance that satisfies most everyday driving demands
  • Modern, intuitive tech suite with wireless connectivity and up-to-date ADAS

✗ Where it falls short

  • Few standout weaknesses — review individual sub-scores for nuance
  • Some competing models offer a higher overall score at a similar price

Common Questions — 2023 Lexus IS

Is the 2023 Lexus IS reliable?

We rate the 2023 Lexus IS's reliability 9.4/10 — one of the stronger records in its class.

Is the 2023 Lexus IS worth buying?

It scores 8.4/10 overall, ranking #6 of 1310 sedans in our database (better than 100% of the segment). A solid choice for most buyers — compare it against the segment leaders before deciding.

How much does the 2023 Lexus IS cost?

The 2023 Lexus IS starts at $39,697 and ranges up to $47,091 across trims (MSRP when new). At 24 MPG, expect roughly $2,188/year in fuel at 15,000 miles/year.

Which IS years should you avoid?

Based on our year-by-year scoring, the weakest IS years we've rated are 2015 (7.9/10) — each at least half a point below the nameplate's best (8.4/10). See the full year table above before deciding.

Owner Essentials — Lexus IS

Practical extras owners actually buy. These are Amazon search links — as an Amazon Associate, Carivo earns from qualifying purchases at no cost to you.

All-weather floor mats → Dash cam → OBD2 scanner → Phone mount →

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More Lexus Reviews

Explore the full lineup of Lexus models scored by Carivo — ranked by overall score across reliability, safety, value, performance, and technology.