The 2003 Lexus IS (IS300) marked Lexus's entry into the compact executive car market. It's a rear-wheel-drive sedan known for its sporty handling and distinctive styling, inspired by European sports sedans. The first generation IS models were produced from 1998 to 2005 (2001-2005 in the US). Key trims centered around the IS300. New, it ranged from roughly $30,000 - $35,000. Its blend of Lexus luxury and Toyota Supra-derived engine contributed to its popularity.
The Good
The 2003 Lexus IS offers a compelling mix of advantages. Its responsive engine and rear-wheel-drive setup deliver engaging performance, appealing to driving enthusiasts. Lexus's reputation for reliability provides peace of mind for practical buyers. The interior balances comfort and a sporty design. It represented good value as a luxury sport sedan.
The Bad
Potential weaknesses of the 2003 Lexus IS include its relatively small back seat and trunk space compared to some competitors. Some owners have reported issues with the electronic stability control system or certain sensors over time. Rust can also be a concern in regions with harsh winters. Inspect for wear and tear common in older vehicles.
2003 Lexus IS: Quick Overview
- Engine Options: 3.0L Inline-6 (2JZ-GE)
- Horsepower: 215 hp @ 5,800 rpm
- Fuel Economy: (EPA Estimated) 18 mpg city / 25 mpg highway (automatic), 18 mpg city / 24 mpg highway (manual)
- 0-60 Times: Approximately 7.0-7.5 seconds (automatic), Slightly faster with manual
- Towing Capacity: Not recommended or rated for towing.
- Trim-Level Features:
The IS300 was the main trim. Key features included: - Leather upholstery
- Power-adjustable front seats
- Automatic climate control
- Premium sound system (often with a subwoofer)
- 17-inch alloy wheels
- Xenon HID headlights
- Limited-slip differential (available as an option)
- Sport-tuned suspension
- Heated Seats (Optional)
- Sunroof (Optional)
- Safety Features:
- Anti-lock brakes (ABS)
- Traction control
- Vehicle Stability Control (VSC) - Optional
- Front and side airbags
- Transmission: 5-speed automatic with E-shift (steering wheel mounted shift buttons) or 5-speed manual transmission.
2003 Lexus IS Specifications
Vehicle Information
| Year | 2003 |
| Make | Lexus |
| Model | IS |
| Trim | - |
| Style | - |
| Type | Sedan |
| Category | Compact Car |
Manufacturing Details
| Made In | Japan |
| Manufacturing City | KANEGASAKI |
Dimensions
| Doors | 4-Door |
| Curb Weight | 1546.75 kg |
| Gross Vehicle Weight Rating | - |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | 2JZ-GE |
| Engine Size | 3L |
| Engine Cylinders | 6 |
| Transmission | - |
| Transmission Type | Automatic |
| Transmission Speeds | - |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | - |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $30,805 USD |
| Invoice Price | $27,108 USD |
| Delivery Charges | $545 USD |
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Analysis
What Problems Does the 2003 Lexus IS Have?
Frequently reported problems for the 2003 Lexus IS (IS300) often revolve around typical wear-and-tear issues associated with older vehicles. These include: O2 sensors needing replacement, worn suspension components (bushings, ball joints), and potential oil leaks. Some owners have reported issues with the Vehicle Stability Control (VSC) system, particularly sensor malfunctions. Check engine lights are common due to various sensor issues.
Recalls for the 2003 IS300 were primarily related to Takata airbags, which is a widespread issue affecting many vehicles from that era. Check the vehicle's VIN with Lexus or the NHTSA to confirm recall status and completion.
Long-term reliability is generally good, but regular maintenance is crucial. The 2JZ-GE engine is known for its durability, but neglect can lead to problems. Rust can be a concern, especially in areas with road salt. Pay close attention to the condition of rubber components (hoses, belts) as they age.
Recalls for the 2003 IS300 were primarily related to Takata airbags, which is a widespread issue affecting many vehicles from that era. Check the vehicle's VIN with Lexus or the NHTSA to confirm recall status and completion.
Long-term reliability is generally good, but regular maintenance is crucial. The 2JZ-GE engine is known for its durability, but neglect can lead to problems. Rust can be a concern, especially in areas with road salt. Pay close attention to the condition of rubber components (hoses, belts) as they age.
How long will the 2003 Lexus IS last?
Given that the 2003 Lexus IS is over 20 years old, average mileage can vary greatly. Well-maintained examples can easily exceed 200,000 miles and potentially reach 300,000+ miles. Years of service depend heavily on upkeep. Regular oil changes (every 5,000 miles), timely replacement of wear items (brakes, tires, belts), and addressing issues promptly are crucial. Long-term durability is a strong point, but neglecting maintenance will accelerate wear. Watch for rust, especially in colder climates, as this is a common aging issue. Engine mounts and suspension components may also need replacement over time.
What Technology & Safety Features are Included?
The 2003 Lexus IS featured decent technology for its time. Standard entertainment included a premium sound system with a CD player. Optional features included a navigation system (which appears dated by today's standards) and a cassette player.
Driver-assistance features were limited compared to modern vehicles. It had traction control and optional Vehicle Stability Control (VSC). Safety features comprised anti-lock brakes (ABS), front airbags, and side airbags.
Crash-test ratings from the NHTSA (National Highway Traffic Safety Administration) and IIHS (Insurance Institute for Highway Safety) should be consulted for specific performance. These are available online. Typically, vehicles of this era didn't have the advanced driver-assistance systems (ADAS) found in newer cars, such as lane departure warning or automatic emergency braking. The focus was more on basic safety features and a robust chassis design. The available HID headlights were a notable feature for improved nighttime visibility.
Driver-assistance features were limited compared to modern vehicles. It had traction control and optional Vehicle Stability Control (VSC). Safety features comprised anti-lock brakes (ABS), front airbags, and side airbags.
Crash-test ratings from the NHTSA (National Highway Traffic Safety Administration) and IIHS (Insurance Institute for Highway Safety) should be consulted for specific performance. These are available online. Typically, vehicles of this era didn't have the advanced driver-assistance systems (ADAS) found in newer cars, such as lane departure warning or automatic emergency braking. The focus was more on basic safety features and a robust chassis design. The available HID headlights were a notable feature for improved nighttime visibility.
What Colors Options are Available?
Exterior Colors
Black Onyx
Bluestone Metallic
Graphite Gray Pearl
Millennium Silver Metallic
Intensa Blue Pearl
Solar Yellow
White Gold Crystal Shine
Interior Colors
Ecru
Black
Ivory
2003 Lexus IS Prices and Market Value
When new, the 2003 Lexus IS300 ranged from approximately $30,000 to $35,000, depending on options. Current used market prices vary significantly based on condition, mileage, and location. Expect to find them ranging from $5,000 to $15,000, with exceptional examples potentially fetching higher prices.
Depreciation has been significant due to the car's age. Factors affecting resale value include: overall condition, documented maintenance history, low mileage, absence of rust, and the presence of desirable options (e.g., manual transmission, limited-slip differential). The car's reputation for reliability and its sporty character contribute to its continued desirability among enthusiasts.
Depreciation has been significant due to the car's age. Factors affecting resale value include: overall condition, documented maintenance history, low mileage, absence of rust, and the presence of desirable options (e.g., manual transmission, limited-slip differential). The car's reputation for reliability and its sporty character contribute to its continued desirability among enthusiasts.
2003 Lexus IS Cost of Ownership
Insurance costs for a 2003 Lexus IS are generally moderate, depending on the driver's record and coverage level. Fuel costs can be relatively high, especially with spirited driving, given its premium fuel requirement. Maintenance costs can be moderate if routine maintenance is followed; however, repairs can be expensive due to the cost of Lexus parts. Long-term ownership costs depend heavily on the vehicle's condition and maintenance history. Neglected examples can become costly to own, while well-maintained ones can be reasonably economical for their age and class.
2003 Lexus IS Fuel Efficiency
Fuel Type
Gasoline (Required)
Fuel Capacity
66.24 liters
City Mileage
6.8 km/l
Highway Mileage
9.35 km/l
2003 Lexus IS Safety Rating
NHTSA
IIHS
2003 Lexus IS Recalls & Defects
Exterior Lighting
Recall date
2009-04-07
Recall no.
09e012000
Source
NHTSA
Summary
Sabersport IS Recalling 16,270 Combination Corner and Bumper Lamp Assemblies OF Various Part Numbers Sold FOR USE AS Aftermarket Equipment FOR Various Passenger Vehicles. These Headlamps Fail TO Conform TO THE Requirements OF Federal Motor Vehicle Safety Standard NO. 108, "lamps, Reflective Devices, and Associated Equipment." These Lamps DO NOT Contain THE Required Amber Side Reflectors.
Consequence
Decreased Lighting Visibility MAY Result IN A Vehicle Crash.
Remedy
Sabersport Will Notify Owners and Offer A Full Refund FOR THE Noncompliant Combination Lamps. THE Safety Recall Began ON MAY 11, 2009. Owners MAY Contact Sabersport AT 1-909-598-7589.
Notes
This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Produced BY THE Vehicle Manufacturer.in Order TO Determine IF Your Aftermarket Lamp Assembly IS Affected BY This Noncompliance, Please Review THE List OF Model Numbers Provided TO US BY Sabersport.the List CAN BE Found Under "document Search" Located AT THE Bottom OF Your Screen.owners MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO <A Href=http://Www.safercar.gov>http://www.safercar.gov</a> .
2003 Lexus IS Insurance
Insurance for a 2003 Lexus IS is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2003 Lexus IS Compare to Other Sedan?
Key rivals of the 2003 Lexus IS300 included the BMW 3 Series (E46), Acura TSX, and Infiniti G35. In terms of performance, the IS300 offered a balance of sportiness and comfort, though the BMW 3 Series generally had sharper handling. The Infiniti G35 offered more horsepower. Features were competitive, but the IS300 arguably had a more refined interior than the Infiniti. Reliability is a strong point for the Lexus, often surpassing the BMW.
The Acura TSX offered a more fuel-efficient and practical alternative, but lacked the rear-wheel-drive dynamics of the IS300. The pricing of the IS300 was competitive within its class.
Alternatives to consider include: a well-maintained BMW 3 Series (E46) for a sportier experience (but potentially higher maintenance costs), or an Acura TSX for better fuel economy and practicality. The Infiniti G35 is another option for more power, but reliability may not be as strong as the Lexus. Overall, the IS300 offers a good balance of performance, luxury, and reliability for its age.
The Acura TSX offered a more fuel-efficient and practical alternative, but lacked the rear-wheel-drive dynamics of the IS300. The pricing of the IS300 was competitive within its class.
Alternatives to consider include: a well-maintained BMW 3 Series (E46) for a sportier experience (but potentially higher maintenance costs), or an Acura TSX for better fuel economy and practicality. The Infiniti G35 is another option for more power, but reliability may not be as strong as the Lexus. Overall, the IS300 offers a good balance of performance, luxury, and reliability for its age.
Ranks #379 Sedan
| 1 | 2023 Toyota Camry | (5.0★) |
| 2 | 2023 Honda Accord | (0.0★) |
| 3 | 2023 Lexus ES | (0.0★) |
| 4 | 2024 Subaru Legacy | (5.0★) |
| 5 | 2022 Mazda MX-30 | (5.0★) |
| 6 | 2024 BMW M3 | (0.0★) |
| 7 | 2023 Ford Mustang | (5.0★) |
| 8 | 2023 Mercedes-Benz AMG GT | (0.0★) |
| 9 | 2023 Audi A3 | (0.0★) |
| 10 | 2023 Chevrolet Camaro | (5.0★) |
| 11 | 2023 Hyundai Elantra Hybrid | (0.0★) |
| 12 | 2023 Nissan Altima | (4.0★) |
| 379 | 2003 Lexus IS | (0.0★) |
Final Verdict: Is the 2003 Lexus IS a Good Sedan?
The 2003 Lexus IS300 is ideal for driving enthusiasts seeking a reliable and stylish sport sedan on a budget. It's worth buying *used*, provided it has been well-maintained and has a clean title. Look for examples with complete service records and minimal rust. A manual transmission is highly desirable among enthusiasts.
It's not ideal for buyers prioritizing maximum rear passenger space or cargo capacity. If reliability and sporty handling are paramount, the IS300 remains a compelling choice. Due diligence in inspecting the car's condition is crucial before purchasing.
It's not ideal for buyers prioritizing maximum rear passenger space or cargo capacity. If reliability and sporty handling are paramount, the IS300 remains a compelling choice. Due diligence in inspecting the car's condition is crucial before purchasing.
Eugene S
Eugene is an automotive enthusiast with over 15 years of experience in the used car market. As a writer at VINCheck.info, he brings deep industry insight and a passion for cars, helping readers make smart, informed decisions. Eugene has written hundreds of used car reviews and is known for breaking down complex automotive topics into clear, actionable advice. Over the years, he has driven and worked on a wide range of vehicles—starting with tuning street cars in his early days and eventually focusing on performance upgrades and reliability improvements. Today, he specializes in evaluating used vehicles through the lens of real-world ownership and enthusiast needs. A longtime fan of Porsche, Eugene especially appreciates vehicles that blend durability with driving enjoyment.