2022 Lexus IS 500 Review
Price: $49,900
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Price & Payment
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Average price: $62,684
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Price
Pros
- Smooth and excellent-sounding non-turbo V8
- Confident and nimble handling
- Comfortable seats and ride quality
- Lots of standard driver aids
Cons
- Tight rear seats
- Limited storage and cargo space
- All-wheel drive isn't offered
What's new
- New V8-powered version of the IS
- Larger brakes and IS 350's Dynamic Handling package are standard
- New Launch Edition model limited to 500 units
- Part of the third Lexus IS generation introduced for 2014
Overview
The 2022 Lexus IS 500 F Sport Performance is all-new and the top-performing model in the IS lineup. It's a V8-powered, rear-wheel-drive small luxury sedan that's great for someone looking for a capable and comfortable sport sedan. Its non-turbo V8 is the same one found in the LC 500 and RC F coupes and it cranks out a stout 472 horsepower. Lexus also fitted the IS 500 with sport-tuned adaptive suspension, a Torsen limited-slip differential, larger brakes, and 19-inch Enkei wheels fitted with performance tires to boost the car's performance.
For sale near Ashburn, VA
33 listings
- 31,391 miles
- Frame damage reported, 2 owners, corporate fleet vehicle
- 17 City / 25 Hwy MPG
- Alpha Motor Sports (53 mi away)
- Home delivery*
- Back-up camera
- Bluetooth
- Sunroof/Moonroof
- Keyless Entry/Start
- Upgraded Headlights
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Located in Fredericksburg, VA
** OVER 30,000 VEHICLES SOLD, TWO LOCATION TO SERVE YOU, 400+ VEHICLES IN STOCK, visit www.AlphaMS.com to view our inventory, BEST PRICES IN TOWN ** N...
AutoCheck Vehicle History Summary
Accident Free Vehicle: Yes
Personal Use Only: No
History Provider: AutoCheck
Title Details: Issue reported
Salvage Vehicle: No
Frame Damage: Yes
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
20 Combined MPG (17 City/25 Highway)
Listing Information:
VIN: JTHAP1D21N5001300
Stock: S001300
Certified Pre-Owned: No- $62,500good price$2,699 below market
- 8,879 miles
- No accidents, 2 owners, personal use only
- 17 City / 25 Hwy MPG
- Faulkner Toyota Trevose (153 mi away)
- Back-up camera
- Bluetooth
- Sunroof/Moonroof
- Keyless Entry/Start
- Upgraded Headlights
Close
Located in Trevose, PA
Call 215-244-9300 or stop by Faulkner Toyota Trevose, everything we do revolves around you. Once you've chosen your next car, our team of financing ex...
AutoCheck Vehicle History Summary
Accident Free Vehicle: Yes
Personal Use Only: Yes
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
20 Combined MPG (17 City/25 Highway)
Listing Information:
VIN: JTHAP1D21P5004426
Stock: P5004426
Certified Pre-Owned: No
Listed since: 02-13-2026
Getting a V8 in a small sedan is a rare treat these days, and it sounds amazing. Alas, there's more glory in the sound than actual performance. And at Edmunds' test track, our test IS 500 accelerated from 0 to 60 mph in 4.9 seconds. That's a little better than most four- or six-cylinder-powered luxury sedans but off the pace of full-on performance sedans such as the BMW M3 (4.1 seconds) or Audi RS 5 (3.7 seconds).
On the upside, the IS 500's adaptive suspension makes it capable and poised around corners while also delivering a comfortable ride. And as with the other IS models, the IS 500's interior is full of upscale materials that really drive home the impression of luxury. The front seats are very supportive and comfortable for a wide range of body types. Lexus also loads the IS 500 up with plenty of standard luxury and technology features.
Overall we're fond of the new 2022 IS 500. This isn't a full-on sport sedan, so you'll need to look elsewhere for the best performance. But the charm of the V8's boisterous exhaust note helps make up for the ho-hum acceleration, and all around the IS 500 provides a pleasing mix of performance, comfort and luxury.
2022 Lexus IS 500 trim level differences
The 2022 Lexus IS 500 F Sport Performance is available in three trim levels: base, Premium and Launch Edition. The small luxury sedan is powered by a 5.0-liter V8 that makes 472 horsepower and 395 lb-ft of torque. The engine is paired with an eight-speed automatic transmission that sends power to the rear wheels. Feature highlights include: Compare the 2022 Lexus IS 500 trim levels in-depth.
Which IS 500 trim does Edmunds recommend?
Opting for the Premium over the base IS 500 F Sport Performance is our recommendation. The higher trim gets you a larger touchscreen, a 17-speaker Mark Levinson audio system, a surround-view camera and upgraded LED headlights.

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Cost to Drive
Monthly estimates based on costs in Virginia
$251/mo for IS 500 F SPORT Performance
IS 500 F SPORT Performance
vs
$181/mo
Avg. Midsize Car
Reliability
The 2022 Lexus IS 500 has a 4 years / 50,000 miles basic warranty and no recalls. Below you’ll find our owner reviews.
Recalls
There are no recalls for the 2022 Lexus IS 500Warranty
4 years / 50,000 miles Basic Warranty- Basic Warranty
- 4 years / 50,000 miles
- Drivetrain Warranty
- 6 years / 70,000 miles
- Rust Warranty
- 6 years / unlimited miles
- Roadside assistance Warranty
- 4 years / unlimited miles
- Free maintenance Warranty
- 1 years / 10,000 miles
Lexus IS 500 Reviews
Owner Reviews
5(56%)
4(33%)
3(0%)
2(11%)
1(0%)
Most Helpful Owner Reviews
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First Time New Lexus Owner
4 out of 5 starsJ Smith, 02/17/2022
2022 Lexus IS 500 F SPORT Performance Launch Edition 4dr Sedan w/Prod. End 01/22 (5.0L 8cyl 8A)
When I think of a car manufacturer using the word, "performance" with a car, terms like, "canyon carver, track missile, tire shredder" come to mind...that's not the case with this car. Lexus is using performance to distinguish it from the rest of its lineup. It's hard to compare the IS500 to another performance vehicle from a different brand, because it will fall short.
High points of … this car are reliability, nostalgia, and a pleasant driving experience. Low points are the transmission, suspension, and clunky infotainment system. The engine is a solid performer that sounds AMAZING! Loud enough during spirited driving but not enough to upset the neighbors during an early morning cold start. Acceleration is punchy if you keep the RPMs up but it feels like it was designed to cruise. Interior is a mixed bag; outdated and busy but has a lot of attention to detail and comfort. Visibility is great even though it has a small rear window. There's a plethora of safety features standard on this car if you’re into that. Overall, it’s a well-built car that will be underappreciated for a while.
If you want looks (or AWD), you might be happy with an IS350, but if you want that with a V8, you can't go wrong with the IS500…unless you need AWD.
Amazing Noise and performance
4 out of 5 starsPK, 04/08/2022
2022 Lexus IS 500 F SPORT Performance Launch Edition 4dr Sedan w/Prod. End 01/22 (5.0L 8cyl 8A)
In the era of electric, Lexus is offering a naturally aspirated V8 sedan. Its one of the best investments for the long term, as these things are going to be rare in the future to buy. Everything is amazing; touch screen and apple car play connection, etc. The only downside is they do not offer AWD and that is a problem in the North. Other then that, the best car to drive. With Lexus, you … are pretty much maintenance free and can rely on that for million miles.
I love it!
5 out of 5 stars_thejurb_, 12/23/2021
2022 Lexus IS 500 F SPORT Performance Launch Edition 4dr Sedan w/Prod. End 01/22 (5.0L 8cyl 8A)
Ok so first I’m not sure what other reviewer was talking about. Clearly he/she didn’t order the car and maybe just isn’t a true Lexus fan. I inquired about the Launch edition months ago with Hendrick Lexus in Charlotte NC. Due to the chip shortage and supply chain issue things got held up a bit. Did they ask for a deposit? Yes (and why wouldn’t they?) however I said if they could … promise me a launch edition I would give them the money down. They said they couldn’t and would put me on the list to call if they could. About a month and a half later my phone rang…”we have a launch edition do you want to secure it?” Ummmm yes! I gave them 2500.00.
Hendrick dealerships DO NOT charge above sticker. I paid sticker price for the limited edition trim plus the typical fees of course tint and the stuff they add to make a little extra. The car was 71k and change for one of 500 launches. The premium trim is in the low to mid 60k range and is almost the same but not limited.
Considering what you are getting… N/A V8. Lexus quality. 1800 watt 17 speaker stereo that is amazing…. Well never mind. I don’t need to sell it to you. If you are buying something like this you should know what to expect. This is a Toyota/Lexus product. It is a swan song as V8s are going the way of the dodo bird.
It is a premium product that lands you in a sweet spot between Mercedes’ and BMW. This car regardless of what trim you buy it in will appreciate in value and will have a enthusiast following. If you don’t believe me look at the ISF from 2007. This is the same engine people finely tuned for this car as well as the LC500 and the RCF.
I could talk cars all day but I’ve owned quite a few in my day and I chose this one specifically because i know it will not only be reliable but also functional. Will it beat a new M3? No it won’t but there is a significant cost difference to get it nicely equipped and again Lexus reliability. This car will do 0-60 in 4.4 and will toss you back in your seat.
I’m not a Lexus fan boy but a car enthusiast. I’m shocked they built this car but I’m glad they did and exterior to down one of the 500 launch editions. Do your research and buy what makes you happy!!!
Also for those who don’t know. The IS500 was made only for America. If you think for one second Europeans won’t want this then think again. If you are even on the fence. Buy it… drive it a couple years and then toss it online.
GET ONE IF YOU CAN!!
5 out of 5 starsDLP Tony, 03/08/2022
2022 Lexus IS 500 F SPORT Performance Premium 4dr Sedan (5.0L 8cyl 8A)
I put down a deposit on February 24th, 2021 and finally picked up my IS 500 Premium on March 4th, 2022. This is my 5th Lexus and it is by far the best! It is kind of like my 2016 IS 350 FSport, just turned up.
1. The quickness is amazing.
2. At highway speeds the IS 500 returned 25mpg. My IS 350 returned 28mpg.
3. Do NOT pay over MSRP! Be patient.
2022 IS 500 Features & Specs
F SPORT Performance
| MSRP (New) Excludes Destination Fee | $56,850 |
|---|---|
| Engine Type | Gas |
| Combined MPG | 20 MPG |
| Cost to Drive | $251/month |
| Seating | 5 seats |
| Cargo Capacity All Seats In Place | 10.8 cu.ft. |
| Drivetrain | rear wheel drive |
| Warranty | 4 years / 50,000 miles |
Safety
Our experts like the IS 500 models:
- All-Speed Dynamic Radar Cruise Control
- Maintains a driver-set distance between the IS 500 and the car in front.
- Enhanced Lane Tracing Assist
- Makes minor steering corrections to help keep the vehicle centered in its lane.
- Blind-Spot Monitor with Rear Cross-Traffic Alert
- Warns you if a vehicle is in your blind spot during a lane change or while in reverse.
NHTSA Overall Rating
5 out of 5 starsThe National Highway Transportation Safety Administration offers independent analysis.
- Frontal Barrier Crash RatingOverall4 / 5Driver4 / 5Passenger4 / 5
- Side Crash RatingOverall5 / 5
- Side Barrier RatingOverall5 / 5Driver5 / 5Passenger5 / 5
- Combined Side Barrier & Pole RatingsFront Seat5 / 5Back Seat5 / 5
- RolloverRollover5 / 5Dynamic Test ResultNo TipRisk Of Rollover9.5%
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