The 2004 Lexus IS (specifically the IS 300) marked Lexus's entry into the compact executive car market. A 4-door sedan, it was produced from 1998 (as the Altezza in Japan) until 2005 for the first generation. Key trims include the base IS 300 and variations with manual or automatic transmissions. Its popularity stemmed from its sporty handling, distinctive styling, and Lexus's renowned reliability. Expect a used price range of $5,000-$12,000 depending on condition and mileage.
The Good
The 2004 Lexus IS 300 offers a blend of advantages. For the practical buyer, Lexus reliability and decent fuel economy are appealing. Emotionally, the sporty handling, unique styling (especially the chronograph-style gauges), and comfortable interior make it an enjoyable driving experience. Performance is good, and it holds its value well for its age.
The Bad
Known weaknesses of the 2004 Lexus IS 300 include potential oil leaks (especially around the valve cover and rear main seal), worn suspension components (bushings, ball joints) due to age, and potential pixel fading in the multi-information display. Rust can be an issue in colder climates. Be sure to check the condition of the timing belt if maintenance records are unavailable.
2004 Lexus IS: Quick Overview
- Engine Options: 3.0L 2JZ-GE Inline-6
- Horsepower: 215 hp @ 5,800 rpm
- Torque: 218 lb-ft @ 3,800 rpm
- Fuel Economy:
- Automatic Transmission: 18 mpg city / 25 mpg highway
- Manual Transmission: 18 mpg city / 24 mpg highway
- 0-60 Times:
- Automatic Transmission: ~7.2 seconds
- Manual Transmission: ~6.8 seconds
- Towing Capacity: Not recommended or rated for towing.
- Trim Level Features:
- Base IS 300: Leather seats, power driver and passenger seats, automatic climate control, sunroof, premium sound system, limited-slip differential (on some models).
- SportDesign (available package): Unique exterior trim, upgraded wheels, sport-tuned suspension.
- Optional Features: Navigation system, heated seats, HID headlights, rear spoiler.
The IS 300 came standard with rear-wheel drive. The inline-6 engine is known for its smooth power delivery and potential for modification. The interior was well-appointed for its time, with quality materials and a driver-focused design. It balances sporty driving dynamics with everyday comfort, making it a versatile vehicle.
2004 Lexus IS Specifications
Vehicle Information
| Year | 2004 |
| 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 |
Vehicle History Report
Vehicle
Specifications
Specifications
Ownership
History
History
All History
Events
Events
NMVTIS Title
History Check
History Check
Salvage/Rebuilt
Check
Check
Accident
Check
Check
Theft
Check
Check
Open Lien
Check
Check
Past Sale
Listings
Listings
Safety
Recalls
Recalls
Odometer
Check
Check
Market Price
Analysis
Analysis
What Problems Does the 2004 Lexus IS Have?
Frequently reported problems for the 2004 Lexus IS 300, while generally reliable, revolve around its age. Oil leaks, particularly from the valve cover gasket and rear main seal, are common. Suspension components, such as bushings and ball joints, wear out over time, leading to clunking noises and diminished handling. The multi-information display (MID) in the instrument cluster is prone to pixel fading, making it difficult to read. Rust can be a concern in areas with road salt use during winter.
Specific to the 2004 model year, there were some reports of issues with the automatic transmission shifting harshly, though this is less common than the previously mentioned problems. Older IS 300s are also susceptible to problems with the ignition coils, which can cause misfires and reduced performance.
Recalls for the 2004 IS 300 were relatively limited, but it's essential to check the vehicle's VIN on the NHTSA website to ensure all applicable recalls have been addressed. Long-term reliability concerns are primarily related to the degradation of rubber and plastic components due to age and environmental factors. Regular maintenance and addressing minor issues promptly are key to maximizing the lifespan of a 2004 Lexus IS 300.
Specific to the 2004 model year, there were some reports of issues with the automatic transmission shifting harshly, though this is less common than the previously mentioned problems. Older IS 300s are also susceptible to problems with the ignition coils, which can cause misfires and reduced performance.
Recalls for the 2004 IS 300 were relatively limited, but it's essential to check the vehicle's VIN on the NHTSA website to ensure all applicable recalls have been addressed. Long-term reliability concerns are primarily related to the degradation of rubber and plastic components due to age and environmental factors. Regular maintenance and addressing minor issues promptly are key to maximizing the lifespan of a 2004 Lexus IS 300.
How long will the 2004 Lexus IS last?
With proper maintenance, a 2004 Lexus IS 300 can easily reach 200,000 to 300,000 miles. Many owners report exceeding these figures. The key is diligent maintenance, including regular oil changes, fluid flushes, and timely replacement of wear items like belts, hoses, and brake components. Poor maintenance habits significantly shorten lifespan.
Long-term durability is generally excellent, but weaknesses include the aforementioned oil leaks, suspension wear, and pixel fading. The 2JZ-GE engine is robust, but neglecting cooling system maintenance can lead to overheating and head gasket issues. Rust prevention is also critical for longevity, especially in colder climates.
Long-term durability is generally excellent, but weaknesses include the aforementioned oil leaks, suspension wear, and pixel fading. The 2JZ-GE engine is robust, but neglecting cooling system maintenance can lead to overheating and head gasket issues. Rust prevention is also critical for longevity, especially in colder climates.
What Technology & Safety Features are Included?
The 2004 Lexus IS 300 featured a decent array of tech and safety features for its time.
Entertainment: Standard features included a premium sound system with a CD player. Optional upgrades included a navigation system (which now looks dated) and a CD changer.
Driver-Assistance: Driver-assistance features were limited compared to modern standards. It did offer cruise control.
Safety: Standard safety features included anti-lock brakes (ABS), traction control (TRAC), and Vehicle Stability Control (VSC). It also had front and side airbags. HID headlights were an available option.
Crash-Test Ratings: The 2004 Lexus IS 300 received good crash-test ratings from the IIHS (Insurance Institute for Highway Safety) at the time. While not directly comparable to modern testing standards, it performed well in frontal offset and side impact tests. NHTSA (National Highway Traffic Safety Administration) also awarded it high ratings in frontal and side crash tests.
Overall, the 2004 IS 300 prioritized a blend of performance and comfort over cutting-edge technology. Its safety features were adequate for the era, and the optional navigation system was a notable, albeit now obsolete, feature.
Entertainment: Standard features included a premium sound system with a CD player. Optional upgrades included a navigation system (which now looks dated) and a CD changer.
Driver-Assistance: Driver-assistance features were limited compared to modern standards. It did offer cruise control.
Safety: Standard safety features included anti-lock brakes (ABS), traction control (TRAC), and Vehicle Stability Control (VSC). It also had front and side airbags. HID headlights were an available option.
Crash-Test Ratings: The 2004 Lexus IS 300 received good crash-test ratings from the IIHS (Insurance Institute for Highway Safety) at the time. While not directly comparable to modern testing standards, it performed well in frontal offset and side impact tests. NHTSA (National Highway Traffic Safety Administration) also awarded it high ratings in frontal and side crash tests.
Overall, the 2004 IS 300 prioritized a blend of performance and comfort over cutting-edge technology. Its safety features were adequate for the era, and the optional navigation system was a notable, albeit now obsolete, feature.
What Colors Options are Available?
Exterior Colors
Black Onyx
Crystal White
Millennium Silver Metallic
Graphite Gray Pearl
Intensa Blue Pearl
Solar Yellow
Absolutely Red
Bluestone Metallic
Interior Colors
Ivory
Black
Ecrue
2004 Lexus IS Prices and Market Value
When new, the 2004 Lexus IS 300 had an MSRP ranging from approximately $30,000 to $33,000 depending on options and packages. Currently, used market prices typically range from $5,000 to $12,000, but can be higher for exceptionally well-maintained examples with low mileage.
Depreciation has been significant, as expected for a vehicle of this age. Factors affecting resale value include overall condition, mileage, maintenance records, and the presence of desirable options like the SportDesign package. Cars with a manual transmission often command a premium due to their rarity. Rust-free examples are also more valuable, especially in northern states.
Depreciation has been significant, as expected for a vehicle of this age. Factors affecting resale value include overall condition, mileage, maintenance records, and the presence of desirable options like the SportDesign package. Cars with a manual transmission often command a premium due to their rarity. Rust-free examples are also more valuable, especially in northern states.
2004 Lexus IS Cost of Ownership
Insurance costs for a 2004 Lexus IS 300 are generally moderate, reflecting its age and value. Fuel costs are average for a six-cylinder car of its era. Maintenance and repair costs can be higher than average due to the age of the vehicle and the potential need for replacement of worn parts. While the IS 300 is generally reliable, unexpected repairs can occur. Long-term ownership costs depend heavily on maintenance habits. Neglecting maintenance can make it costly. Overall, not the *most* economical, but not excessively expensive if properly cared for.
2004 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
2004 Lexus IS Safety Rating
NHTSA
IIHS
2004 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> .
2004 Lexus IS Insurance
Insurance for a 2004 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 2004 Lexus IS Compare to Other Sedan?
The 2004 Lexus IS 300 competed against rivals like the BMW 3 Series (E46), Acura TSX, and Infiniti G35. In terms of performance, the BMW 3 Series offered sharper handling, while the G35 provided more power. The Acura TSX prioritized fuel efficiency and reliability.
Regarding features, the Lexus IS 300 was well-equipped for its time, but the BMW offered more available options. The Acura TSX offered a more modern interior design.
Reliability is where the Lexus IS 300 shines, generally surpassing the BMW and Infiniti in long-term dependability. The Acura TSX is also known for its reliability.
Price-wise, a used IS 300 is often more affordable than a comparable BMW 3 Series.
Alternatives to consider: If performance is paramount, the Infiniti G35 offers more horsepower. If reliability and fuel economy are top priorities, the Acura TSX is an excellent choice. For a balance of performance, luxury, and handling, a well-maintained BMW 3 Series (E46) remains a strong contender, but be prepared for potentially higher maintenance costs. The IS 300 is a good all-rounder, particularly if reliability is a key factor.
Regarding features, the Lexus IS 300 was well-equipped for its time, but the BMW offered more available options. The Acura TSX offered a more modern interior design.
Reliability is where the Lexus IS 300 shines, generally surpassing the BMW and Infiniti in long-term dependability. The Acura TSX is also known for its reliability.
Price-wise, a used IS 300 is often more affordable than a comparable BMW 3 Series.
Alternatives to consider: If performance is paramount, the Infiniti G35 offers more horsepower. If reliability and fuel economy are top priorities, the Acura TSX is an excellent choice. For a balance of performance, luxury, and handling, a well-maintained BMW 3 Series (E46) remains a strong contender, but be prepared for potentially higher maintenance costs. The IS 300 is a good all-rounder, particularly if reliability is a key factor.
Ranks #371 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 | (4.0★) |
| 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★) |
| 371 | 2004 Lexus IS | (0.0★) |
Final Verdict: Is the 2004 Lexus IS a Good Sedan?
The 2004 Lexus IS 300 is ideal for someone seeking a reliable and sporty compact sedan with a touch of luxury. It's a good choice for enthusiasts who appreciate the rear-wheel-drive layout and the potential for modification. It's worth buying as a used car if you can find one in good condition with documented maintenance history.
Look for examples with minimal rust, a clean title, and evidence of regular servicing. The manual transmission models are more desirable to some, but harder to find. Avoid neglected examples with high mileage and signs of deferred maintenance. A pre-purchase inspection by a qualified mechanic is highly recommended.
Look for examples with minimal rust, a clean title, and evidence of regular servicing. The manual transmission models are more desirable to some, but harder to find. Avoid neglected examples with high mileage and signs of deferred maintenance. A pre-purchase inspection by a qualified mechanic is highly recommended.
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.