2023 Lexus IS 500 Consumer Reviews
Pricing
F SPORT Performance (Most Popular) - $59,420 MSRP
Edmunds suggests you pay
$52,362Prices based on sales in NH thru 9/1/25
Final assembly in Japan
We have a limited number of reviews for the 2023 IS 500, so we've included reviews for other years of the IS 500 since its last redesign.
IS 500 Launch Edition No 59/500
flighthalo, 04/10/2022
2022 Lexus IS 500 F SPORT Performance Launch Edition 4dr Sedan w/Prod. End 01/22 (5.0L 8cyl 8A)
4 of 5 people found this review helpful
The car is killer. There were 100 LE's for Canada so this was not just a US release. The "problems" listed are not a big deal, its the equivalent to a valve on the exhaust that is not tight enough, it's fixed no charge and a loaner is provided....there is no "buyers remorse", that could not be further from the truth, that's actually really funny.....The Suede interior is nice and smooth, the exterior color and wheels are awesome, the car is very comfortable, the stereo is ridiculous and the car drives and accelerates like sweet, sweet candy...the only remorse out there are those who didn't call the dealer first thing on that Monday in March in 2021....The car was about $68,500 average if you paid sticker, the LE's are selling for 87k right now. The car is nasty.
- Safety
- Technology
- Performance
- Interior
- Comfort
- Reliability
- Value
Check engine light after 100 miles
Dave, 01/29/2022
2022 Lexus IS 500 F SPORT Performance Premium 4dr Sedan (5.0L 8cyl 8A)
5 of 8 people found this review helpful
The sound of the v8 is incredible and I love the way the car drives. However, there’s definitely a manufacturing defect. Multiple reports of IS 500 check engine lights. Some buyers have been dealing with this for weeks. I’d wait until the kinks are worked out before spending the money on one. Unfortunately, this has led to pretty serious buyers remorse. UPDATE: check engine light was resolved and this car is a blast! So much character which is rare for a car in 2022.
2023 Lexus IS 500 for sale near you
Showing 3 of 34 listings
- F SPORT Performance SedanMSRP: $56,767192 mi away
- F SPORT Performance SedanMSRP: $56,695213 mi away
- F SPORT Performance SedanMSRP: $62,999467 mi away
See all 34 listings
Awesome feel
Meteoro, 08/18/2024
2023 Lexus IS 500 F SPORT Performance Premium 4dr Sedan (5.0L 8cyl 8A)
1 of 1 people found this review helpful
I have owned different sports cars such as a BMW 320is, two different Corvettes, a Porsche 911 and a Mazda RX8. Is my first time owning a Lexus sports car: The IS 500 V8 sounds powerful and sublime. It accelerates with determination and soul. It gets to 100mph effortlessly. The car just feels smooth and powerful at the same time. I love to drive it in short trips on errands or long distance travel. My first time owning a Lexus IS F. I love it.
- Safety
- Technology
- Performance
- Interior
- Comfort
- Reliability
- Value
Comfort over Sport.....
Gentleman7337, 04/07/2023
2023 Lexus IS 500 F SPORT Performance Premium 4dr Sedan (5.0L 8cyl 8A)
2 of 10 people found this review helpful
I had this IS500 Premium for about 1,500 miles now. I was somewhat disappointed with the interior, no wireless phone charging for a $67,000 car! Lexus really missed it, no place to put your phone either! The V8 engine, performance & comfort are the reasons I bought this car. The V8 was fast but not fast enough, it slowly climb but it won’t peak until 5,000 rpm! That’s slow for a 5.0 V8, I expected a lot more power from a big engine tiny compact car. The 1,800 watt stereo is good, but not great. Interior of IS500 is old & disappointing. If it was not the Lexus reliability, I would not buy this car. If I do it again, I will buy a Mercedes AMG C43 or C63, I drove Mercedes SLC300 before, and Lexus is few notch below Mercedes in performance & handling. Overall, IS500 is more comfortable then performance. IS500 is faster than most car by a noise, but can not match the Mercedes, BMW or the best of the Chevy!
Lexus IS 500 completely disappointed
Humble brag, 12/19/2021
2022 Lexus IS 500 F SPORT Performance Launch Edition 4dr Sedan w/Prod. End 01/22 (5.0L 8cyl 8A)
12 of 66 people found this review helpful
Waited for 14 years for this launch and everything about getting it has made me so sad. First of all the dealers want a 18-24k over sticker mark up to purchase and they supposedly will order for you, then they want a deposit to hold the car that you have no clue if you will like. Finally, the launch edition arrived at a local dealership and ran to see the car of my dreams, what a disappointment, not what I was expecting at all… How can they expect people to pay 83k or more for this. It’s unbelievable
- Safety
- Technology
- Performance
- Interior
- Comfort
- Reliability
- Value