2004 Lexus IS 300 Review


Pros & Cons

  • Outstanding driving dynamics, slick interior decor, competitive pricing.
  • Small rear seat and trunk, not much storage space, styling could be "tragically hip" by some accounts.
List Price Estimate
$2,410 - $5,768

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2004 Lexus IS 300 appraisal values can range from $1,157 - $4,364.
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Edmunds' Expert Review

Can't match the BMW 3 Series in terms of luxury, but its combination of price, performance and premium features make the IS 300 a very intriguing sport sedan or wagon.

2004 Highlights

On the outside, look for a new wheel design and smoked surrounding trim for the headlights and taillights. Inside, Lexus has added a memory function for the driver seat, a maintenance indicator light, a new storage compartment on the dash (for cars without the navigation system) and new trim highlights.

Consumer reviews

Read what other owners think about the Used 2004 Lexus IS 300.

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Most helpful consumer reviews

Just got it
4dr Sedan (3.0L 6cyl 5M)
I test drove the 2004 IS300 against a beautiful 2004 BMW 328ci (that I really wanted to love and buy). After driving both cars, I realized the IS300 was the much better car across the boards. Mechanically, the Lexus ran smooth and sound, with a lot more get-up and go. The BMW was sluggish and seemed to hesitate a lot more, with some choppy shifting between gears. I had been told by many people that the BMW would have more problems than the Lexus and in test-driving both, I had to concede that they were right. I bought the Lexus.
2004 IS300 Automatic -
E-Shift 4dr Sedan (3.0L 6cyl 5A)
My wife and I owned over 20 vehicles in the last 5 years, including IS250 & IS350, but I never wanted to get rid of my IS300. We have put 50K miles on this car over the last 3 years and it is THE MOST reliable car that I have ever owned. I always get 22-26 MPG mixed, 70% city and 30% highway, and the requires the absolute minimum maintenance such as brake pads, rotors and oil change. The timing belt had been just replaced when I bought the car and since then I only needed to replace the rotors, brake pads, spark plugs other than the regular oil change. I always use synthetic oil, premium gas and some fuel additives.
Done Right
E-Shift 4dr Sedan (3.0L 6cyl 5A)
Loving almost everything about this car. Fit and finish is superb. Loads of features make the driving experience terrific. My only gripe is lack of power. G35 coupe had a lot more uder the hood.
Love this car!
Lindsay Lexus,06/29/2004
E-Shift 4dr Sedan (3.0L 6cyl 5A)
I am an absolute Lexus convert - there is nothing more fun than driving this car. Living in teh city, I didn't was a mid-size car; I preferred to have something more compact, but I wanted a sporty sedan with a luxury feel and that's exactly what I got. It's stylish and peppy, but has luxury components.


NHTSA Overall Rating

The National Highway Transportation Safety Administration offers independent analysis.
  • Frontal Barrier Crash Rating
    OverallNot Rated
    DriverNot Rated
    PassengerNot Rated
  • Side Crash Rating
    OverallNot Rated
  • Side Barrier Rating
    OverallNot Rated
    Driver5 / 5
    Passenger5 / 5
  • Combined Side Barrier & Pole Ratings
    Front SeatNot Rated
    Back SeatNot Rated
  • Rollover
    Rollover5 / 5
    Dynamic Test ResultNo Tip
    Risk Of RolloverNot Rated
IIHS Rating
The Insurance Institute of Highway Safety uses extensive crash tests to determine car safety.
  • Side Impact Test
    Not Tested
  • Roof Strength Test
    Not Tested
  • Rear Crash Protection / Head Restraint
  • IIHS Small Overlap Front Test
    Not Tested
  • Moderate Overlap Front Test

More about the 2004 Lexus IS 300

Used 2004 Lexus IS 300 Overview

The Used 2004 Lexus IS 300 is offered in the following submodels: IS 300 Sedan, IS 300 Wagon. Available styles include E-Shift 4dr Sedan (3.0L 6cyl 5A), 4dr Sedan (3.0L 6cyl 5M), and SportCross 4dr Wagon (3.0L 6cyl 5A). Pre-owned Lexus IS 300 models are available with a 3.0 L-liter gas engine, with output up to 215 hp, depending on engine type. The Used 2004 Lexus IS 300 comes with rear wheel drive. Available transmissions include: 5-speed shiftable automatic, 5-speed manual. The Used 2004 Lexus IS 300 comes with a 4 yr./ 50000 mi. basic warranty, a 4 yr./ unlimited mi. roadside warranty, and a 6 yr./ 70000 mi. powertrain warranty.

What's a good price on a Used 2004 Lexus IS 300?

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Which used 2004 Lexus IS 300s are available in my area?

Shop Edmunds' car, SUV, and truck listings of over 6 million vehicles to find a cheap new, used, or certified pre-owned (CPO) 2004 Lexus IS 300 for sale near. Simply research the type of car you're interested in and then select a used car from our massive database to find cheap prew-owned vehicles for sale near you. Once you have identified a used vehicle you're interested in, check the AutoCheck vehicle history reports, read dealer reviews, and find out what other owners paid for the Used 2004 Lexus IS 300.

Can't find a used 2004 Lexus IS 300s you want in your area? Consider a broader search.

Find a used Lexus IS 300 for sale - 12 great deals out of 16 listings starting at $12,857.

Find a used Lexus for sale - 8 great deals out of 21 listings starting at $22,754.

Find a used certified pre-owned Lexus IS 300 for sale - 10 great deals out of 20 listings starting at $14,757.

Find a used certified pre-owned Lexus for sale - 9 great deals out of 18 listings starting at $19,539.

Should I lease or buy a 2004 Lexus IS 300?

Is it better to lease or buy a car? Ask most people and they'll probably tell you that car buying is the way to go. And from a financial perspective, it's true, provided you're willing to make higher monthly payments, pay off the loan in full and keep the car for a few years. Leasing, on the other hand, can be a less expensive option on a month-to-month basis. It's also good if you're someone who likes to drive a new car every three years or so.

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Check out Lexus IS 300 lease specials