2023 Lexus IS 300

Price Range: $40,085 - $42,085 ^{Price range reflects Base MSRP for various trim levels, not including options or fees.}

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Edmunds suggests you pay

$37,641

2023 Lexus IS 300 Review

byNick Yekikian^{Senior News Editor
Nick Yekikian has worked in the automotive industry since 2019. He has written close to a thousand car-related articles and tested and reviewed more than 200 vehicles over the course of his career. Nick is the Senior News Editor at Edmunds and has also contributed to MotorTrend, Automobile Magazine and Super Street. When Nick isn't zipping around town in his latest used-car find, he's probably making digital art in Photoshop or playing disc golf with friends.}

Pros

Smooth and comfortable ride on bumpy roads
Cabin is well isolated from noise
Offers more features for the money than German rivals

Cons

Subpar fuel economy with all-wheel-drive powertrain
Rear seats can be a tight fit for adults

What's new

The IS 300 won't have significant changes for 2023
Part of the third Lexus IS generation introduced for 2014

Overview

The IS 300 is the most affordable version of Lexus' smallest sedan, slotting in underneath the IS 350 and the V8-powered IS 500. Even though the 2023 IS has similar underpinnings to the 2014 model, a number of major revisions over the years have made the IS a more refined and competent option in a crowded segment. If you're looking for a compact luxury sedan, the IS could be for you, but if you're seeking more space, consider Lexus' ES and LS sedans for more headroom and legroom.

Cost to Drive^{Cost to drive estimates for the 2023 Lexus IS 300 4dr Sedan (2.0L 4cyl Turbo 8A) and comparison vehicles are based on 15,000 miles per year (with a mix of 55% city and 45% highway driving) and energy estimates of $3.90 per gallon for premium unleaded in Virginia.}

Monthly estimates based on costs in Virginia

$191/mo

$161/mo

Avg. Midsize Car

Calculate my fuel costs

2023 brings with it no changes for the IS 300. While pricier models get new paint and package options, the base model IS will be exactly the same as it was in 2022. That's no bad thing since a number of significant updates over the past few years have made even the base IS a well-rounded daily companion. It may not be as riveting to drive as rivals like the BMW 3 Series and the Alfa Romeo Giulia, but it offers a long list of standard equipment that make for pricey options from its European competitors.

Which IS 300 does Edmunds recommend?

We recommend going for the IS 300 RWD provided you live in a temperate climate. The turbocharged four-cylinder is nearly as powerful as the V6 in the all-wheel-drive model and is more fuel-efficient. You also get access to the same set of options and an eight-speed transmission instead of the AWD model's six-speed unit.

Save as much as $3,594 with Edmunds ^{Click on the trim you’re interested in to see what Edmunds suggests you should pay to get a good deal. Savings vary by trim; $3,594 refers to estimated savings off of MSRP for the Base trim.}

2023 Lexus IS 300 pricing in Ashburn, VA

Edmunds suggests you pay

Build & Price

Lexus IS 300 Reviews

Owner Reviews

4.6

28 reviews

5(68%)

4(25%)

3(3%)

2(4%)

1(0%)

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Most Helpful Owner Reviews

Fun 2 drive, poor technology

Jason burgos, 08/08/2018

2018 Lexus IS 300 4dr Sedan AWD (3.5L 6cyl 6A)

Only 3,000 miles in but the navigation and Lexus Enform is terribly unreliable. I wasted money upgrading to this option. Seat cooling and heating has a mind of its own.

Back to Lexus

DG, 11/22/2020

2020 Lexus IS 300 F SPORT 4dr Sedan (2.0L 4cyl Turbo 8A)

I bought this because my 2020 Ford Explorer just wasn’t cutting it. I went with the IS because I wanted something a little smaller and sporty. I love the interior. It feels just like a Lexus. The one disappointing thing is no Apple Car Play. That’s a head scratcher for a 2020 model. The seats are very comfortable, and the site lines are on point. I’ve driven it on a three hour trip …

IS 300Fsport FUN FUN

John Eversole, 07/13/2018

2018 Lexus IS 300 4dr Sedan (2.0L 4cyl Turbo 8A)

There are only a few nagging issues but in the big scheme of things, they may be minor to many. First, the car is very nimble, quick steering, brakes and acceleration. I could get better than 19.5 mpg but I drive it very fast and hard. A little hard to get in, but once in, very comfortable. But a car at this level should have memory seats! Very little storage in the large (on the …

Lady in hot Blue Lexus

Kathy, 08/07/2018

2018 Lexus IS 300 4dr Sedan AWD (3.5L 6cyl 6A)

First Lexus, fun to drive, great handling on curves, brakes excellent. Comfortable seats, lacks storage next to driver. Love it!

We have a limited number of reviews for the 2023 Lexus IS 300, so we've included reviews for other years of the IS 300 since its last redesign.

See all 28 reviews of the Lexus IS 300

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2023 Lexus IS 300 Features & Specs

Base MSRP Excludes Destination Fee	$40,085
Engine Type	Gas
Combined MPG	25 MPG
Cost to Drive	$191/month
Seating	5 seats
Cargo Capacity All Seats In Place	10.8 cu.ft.
Drivetrain	rear wheel drive
Warranty	4 years / 50,000 miles

See all features & specs

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Lexus IS 300
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Lexus IS 300 vs. Alfa Romeo Giulia

On paper, the Giulia and IS are extremely close rivals. Both come with turbocharged four-cylinder engines, both cost less than their German counterparts, and both have the handsome looks you'd expect of a premium sedan. In the end, it comes down to what you want out of the drive. Look to the Alfa for something more engaging and fun to pedal or the Lexus for the more restrained, more comfortable ride.

Compare Lexus IS 300 & Alfa Romeo Giulia features

Lexus IS 300 vs. Audi A4

The A4 is built on a newer platform than the IS and has an advanced, tech-forward vibe that might suit some people better than the more classic confines of the Lexus' cabin. Audi's digital cockpit and easy-to-use infotainment systems are near the top of the class, and the A4 is just as comfortable as the IS. The Audi exhibits across-the-board excellence at a price that rivals the Lexus.

Compare Lexus IS 300 & Audi A4 features

Lexus IS 300 vs. Kia Stinger

The Kia Stinger might not seem like an appealing alternative to the more upscale IS, but buyers seeking a thrilling everyday sedan should check out the Kia. Its more engaging and direct attitude make it the type of car enthusiasts can enjoy driving every day. It's also more practical than the IS thanks to its rear hatch and larger trunk and superior rear headroom. It's an even better value proposition than the Lexus.

Compare Lexus IS 300 & Kia Stinger features

Safety

Our experts’ favorite IS 300 safety features:

Lane Departure Alert with Steering Assist: Warns you of a lane departure when a turn signal isn't used and can automatically steer to maintain lane position.
Dynamic Radar Cruise Control: Adjusts speed to maintain a constant distance between the vehicle and the car in front.
Rear Cross-Traffic Alert: Warns you if a vehicle behind you is about to cross your path while you're in reverse.

NHTSA Overall Rating 5 out of 5 stars

The National Highway Transportation Safety Administration offers independent analysis.

Frontal Barrier Crash Rating	Rating
Overall	4 / 5
Driver	4 / 5
Passenger	4 / 5
Side Crash Rating	Rating
Overall	5 / 5
Side Barrier Rating	Rating
Overall	5 / 5
Driver	5 / 5
Passenger	5 / 5
Combined Side Barrier & Pole Ratings	Rating
Front Seat	5 / 5
Back Seat	5 / 5
Rollover	Rating
Rollover	5 / 5
Dynamic Test Result	No Tip
Risk Of Rollover	9.5%

IIHS Rating

The Insurance Institute of Highway Safety uses extensive crash tests to determine car safety.

Small Overlap Front Driver-Side Test	Good
Small Overlap Front Passenger-Side Test	Good
Moderate Overlap Front Test – Original	Good
Moderate Overlap Front Test – Updated	Not Tested
Side Impact Test – Original	Good
Side Impact Test – Updated	Not Tested
Roof Strength Test	Good
Rear Crash Protection / Head Restraint	Good

FAQ

Is the Lexus IS 300 a good car?

The Edmunds experts tested the 2023 IS 300 both on the road and at the track. Edmunds’ consumer reviews show that the 2023 IS 300 gets an average rating of 5 stars out of 5 (based on 28 reviews) What about cargo capacity? When you're thinking about carrying stuff in your new car, keep in mind that the IS 300 has 10.8 cubic feet of trunk space. And then there's safety and reliability. Edmunds has all the latest NHTSA and IIHS crash-test scores, plus industry-leading expert and consumer reviews to help you understand what it's like to own and maintain a Lexus IS 300. Learn more

What's new in the 2023 Lexus IS 300?

According to Edmunds’ car experts, here’s what’s new for the 2023 Lexus IS 300:

The IS 300 won't have significant changes for 2023
Part of the third Lexus IS generation introduced for 2014

Learn more

Is the Lexus IS 300 reliable?

To determine whether the Lexus IS 300 is reliable, read Edmunds' authentic consumer reviews, which come from real owners and reveal what it's like to live with the IS 300. Look for specific complaints that keep popping up in the reviews, and be sure to compare the IS 300's 5-star average consumer rating to that of competing vehicles. Learn more

Is the 2023 Lexus IS 300 a good car?

There's a lot to consider if you're wondering whether the 2023 Lexus IS 300 is a good car. Our consumer reviews show that the 2023 IS 300 gets an average rating of 5 stars out of 5 (based on 28 reviews). Safety scores, fuel economy, cargo capacity and feature availability should all be factors in determining whether the 2023 IS 300 is a good car for you. Learn more

How much should I pay for a 2023 Lexus IS 300?

The least-expensive 2023 Lexus IS 300 is the 2023 Lexus IS 300 4dr Sedan (2.0L 4cyl Turbo 8A). Including destination charge, it arrives with a Manufacturer's Suggested Retail Price (MSRP) of about $40,085.

Other versions include:

4dr Sedan (2.0L 4cyl Turbo 8A) which starts at $40,085
4dr Sedan AWD (3.5L 6cyl 6A) which starts at $42,085

Learn more

What are the different models of Lexus IS 300?

If you're interested in the Lexus IS 300, the next question is, which IS 300 model is right for you? IS 300 variants include 4dr Sedan (2.0L 4cyl Turbo 8A), and 4dr Sedan AWD (3.5L 6cyl 6A). For a full list of IS 300 models, check out Edmunds’ Features & Specs page. Learn more

2023 Lexus IS 300

Pricing

2023 Lexus IS 300 Review

Pros

Cons

What's new

Overview

Cost to DriveCost to drive estimates for the 2023 Lexus IS 300 4dr Sedan (2.0L 4cyl Turbo 8A) and comparison vehicles are based on 15,000 miles per year (with a mix of 55% city and 45% highway driving) and energy estimates of $3.90 per gallon for premium unleaded in Virginia.

Which IS 300 does Edmunds recommend?

Save as much as $3,594 with Edmunds Click on the trim you’re interested in to see what Edmunds suggests you should pay to get a good deal. Savings vary by trim; $3,594 refers to estimated savings off of MSRP for the Base trim.

Edmunds suggests you pay

Lexus IS 300 Reviews

Owner Reviews

Most Helpful Owner Reviews

Fun 2 drive, poor technology

Back to Lexus

IS 300Fsport FUN FUN

Lady in hot Blue Lexus

Helpful shopping links

2023 Lexus IS 300 Features & Specs

Compare the Lexus IS 300

Lexus IS 300 vs. Alfa Romeo Giulia

Lexus IS 300 vs. Audi A4

Lexus IS 300 vs. Kia Stinger

Safety

Our experts’ favorite IS 300 safety features:

NHTSA Overall Rating 5 out of 5 stars

IIHS Rating

2023 Lexus IS 300 First Impressions

What is the IS 300?

Edmunds says

FAQ

Is the Lexus IS 300 a good car?

What's new in the 2023 Lexus IS 300?

Is the Lexus IS 300 reliable?

Is the 2023 Lexus IS 300 a good car?

How much should I pay for a 2023 Lexus IS 300?

What are the different models of Lexus IS 300?

Related 2023 Lexus IS 300 info

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Cost to Drive^{Cost to drive estimates for the 2023 Lexus IS 300 4dr Sedan (2.0L 4cyl Turbo 8A) and comparison vehicles are based on 15,000 miles per year (with a mix of 55% city and 45% highway driving) and energy estimates of $3.90 per gallon for premium unleaded in Virginia.}

Save as much as $3,594 with Edmunds ^{Click on the trim you’re interested in to see what Edmunds suggests you should pay to get a good deal. Savings vary by trim; $3,594 refers to estimated savings off of MSRP for the Base trim.}