The 2001 Lexus IS, part of the first generation (1998-2005), was Lexus's entry into the compact executive car market. It's a four-door sedan. Key trims included the IS 300. New, it ranged from around $30,000. Its sporty handling, rear-wheel drive, and distinctive styling, including the chronograph-style instrument cluster, made it popular among enthusiasts seeking a fun-to-drive, reliable luxury car. It offered a unique blend of sportiness and Lexus refinement.
The Good
The 2001 Lexus IS offers a compelling blend of performance and reliability. Its sporty handling and potent inline-six engine appeal to emotional buyers, while its Lexus build quality and reputation for dependability attract practical buyers. It's also relatively comfortable and well-designed, providing decent fuel efficiency for its class and offering good value on the used market.
The Bad
Known weaknesses of the 2001 Lexus IS include potential issues with the automatic transmission (if equipped), particularly with harsh shifting. Rust can be a problem in colder climates, especially on the undercarriage. Also, listen for unusual noises from the engine, as some owners have reported valve tick. The rear suspension bushings can also wear out over time, affecting handling.
2001 Lexus IS: Quick Overview
Here's a bullet-point summary of the 2001 Lexus IS specs:
- Engine Options: 3.0L Inline-6 (2JZ-GE)
- Horsepower: 215 hp @ 5,800 rpm
- Torque: 218 lb-ft @ 3,800 rpm
- Fuel Economy:
- Automatic: 18 mpg city / 25 mpg highway
- Manual: 18 mpg city / 26 mpg highway
- 0-60 Times:
- Automatic: Approximately 7.2 seconds
- Manual: Approximately 6.8 seconds
- Towing Capacity: Not recommended or rated for towing.
- Trim-Level Features (IS 300):
- Standard: Leather upholstery, power-adjustable front seats, automatic climate control, premium sound system (likely with a CD player), alloy wheels, antilock brakes (ABS), traction control.
- Optional: Limited-slip differential (LSD), heated seats, sunroof, navigation system (though outdated by today's standards).
2001 Lexus IS Specifications
Vehicle Information
| Year | 2001 |
| 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 | - |
| 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 | - |
| Transmission Speeds | - |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | - |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | - |
| Invoice Price | - |
| Delivery Charges | - |
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 2001 Lexus IS Have?
Frequently reported problems for the 2001 Lexus IS often revolve around age-related wear and tear. Common issues include:
- Automatic Transmission: Some owners have reported harsh shifting or slipping, especially in higher mileage examples. Regular fluid changes are crucial for preventing these issues.
- Rust: Rust is a significant concern, particularly in areas with road salt. Check the undercarriage, wheel wells, and rocker panels for rust.
- Valve Tick: A noticeable ticking sound from the engine, possibly related to valve lash or worn components. Proper maintenance and oil changes can help mitigate this.
- Suspension Components: Bushings, ball joints, and struts can wear out, leading to handling issues and noises. Inspect these components for wear and tear.
- Electrical Issues: Some owners have experienced minor electrical problems, such as issues with power windows or door locks.
- Oxygen Sensors: O2 sensors can fail over time, leading to poor fuel economy and check engine lights.
How long will the 2001 Lexus IS last?
With proper maintenance, a 2001 Lexus IS can easily reach 200,000 miles or more. Many owners report exceeding 250,000 miles. The key to longevity is consistent preventative maintenance, including regular oil changes, fluid flushes, and timely replacement of wear items like belts, hoses, and brakes. Long-term durability is a strong point, thanks to the robust 2JZ engine. However, weaknesses over time include rust (especially in colder climates), wear of suspension components, and potential issues with the automatic transmission. The condition heavily depends on the previous owner's maintenance habits.
What Technology & Safety Features are Included?
The 2001 Lexus IS, by today's standards, has relatively basic tech. Built-in tech included standard features like power windows, power door locks, and automatic climate control. For entertainment, it typically came with a premium sound system, often with a CD player and cassette deck. Navigation was an optional feature, but it would be outdated now.
Driver-assistance features were limited. It featured standard antilock brakes (ABS) and traction control. There were no advanced driver-assistance systems (ADAS) like lane departure warning or adaptive cruise control available.
Safety features included dual front airbags and side airbags. Crash test ratings from the IIHS (Insurance Institute for Highway Safety) and NHTSA (National Highway Traffic Safety Administration) may be available online, but specific ratings for the 2001 model should be researched on their respective websites. It's important to note that safety standards have significantly improved since 2001. While airbags and ABS were standard, modern vehicles offer a much wider range of active and passive safety features. Options included a limited-slip differential, which enhanced handling, and heated seats for added comfort. The focus was more on providing a sporty driving experience than cutting-edge technology.
Driver-assistance features were limited. It featured standard antilock brakes (ABS) and traction control. There were no advanced driver-assistance systems (ADAS) like lane departure warning or adaptive cruise control available.
Safety features included dual front airbags and side airbags. Crash test ratings from the IIHS (Insurance Institute for Highway Safety) and NHTSA (National Highway Traffic Safety Administration) may be available online, but specific ratings for the 2001 model should be researched on their respective websites. It's important to note that safety standards have significantly improved since 2001. While airbags and ABS were standard, modern vehicles offer a much wider range of active and passive safety features. Options included a limited-slip differential, which enhanced handling, and heated seats for added comfort. The focus was more on providing a sporty driving experience than cutting-edge technology.
What Colors Options are Available?
Exterior Colors
Black Onyx
Millennium Silver Metallic
Graphite Gray Pearl
Intensa Blue Pearl
Solar Yellow
Blazing Red Pearl
Crystal White
Interior Colors
Ivory
Black
2001 Lexus IS Prices and Market Value
When new, the 2001 Lexus IS 300 had an MSRP starting around $30,000. Current used market prices typically range from $3,000 to $10,000 depending on condition, mileage, and location. Depreciation has been significant, as expected for a vehicle of this age. Factors affecting resale value include the overall condition (rust-free examples command a premium), mileage, maintenance history, and the presence of desirable options like the manual transmission or limited-slip differential. Low-mileage, well-maintained examples, especially those with a manual transmission, tend to hold their value better due to their desirability among enthusiasts.
2001 Lexus IS Cost of Ownership
Insurance costs for a 2001 Lexus IS are generally moderate, depending on your driving record and location. Fuel costs are average for a car of its size and performance. Maintenance can be moderate to high, especially if repairs are needed. The 2JZ engine is reliable, but age-related wear and tear will require attention. Repair costs can be higher than some domestic brands due to the Lexus name and potential need for specialized parts. Overall, it's not the most economical car to own due to its age and potential repair needs.
2001 Lexus IS Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
-
City Mileage
-
Highway Mileage
-
2001 Lexus IS Safety Rating
NHTSA
2001 Lexus IS Insurance
Insurance for a 2001 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 2001 Lexus IS Compare to Other Sedan?
The 2001 Lexus IS competed against vehicles like the BMW 3 Series (E46), Audi A4, and Acura TL. In terms of performance, the IS offered comparable handling to the BMW 3 Series, though the BMW might have had a slight edge in steering feel. The Audi A4 offered available quattro all-wheel drive, which the IS lacked. The Acura TL was front-wheel drive but offered a more luxurious interior at a similar price point.
In terms of features, the IS was generally well-equipped for its time, but its technology was less advanced compared to later models of its rivals. The Acura TL, in particular, often came with more standard luxury features. Regarding reliability, the Lexus IS generally has a strong reputation, often considered more reliable than the BMW 3 Series of that era. The Audi A4 could be less reliable than the Lexus.
In terms of price on the used market, the IS is typically a good value. If you're looking for a similar car with potentially more modern features, a later model Acura TL or Lexus ES might be worth considering. However, for rear-wheel-drive handling and a sporty feel, the 2001 IS is a compelling choice, especially if well-maintained.
In terms of features, the IS was generally well-equipped for its time, but its technology was less advanced compared to later models of its rivals. The Acura TL, in particular, often came with more standard luxury features. Regarding reliability, the Lexus IS generally has a strong reputation, often considered more reliable than the BMW 3 Series of that era. The Audi A4 could be less reliable than the Lexus.
In terms of price on the used market, the IS is typically a good value. If you're looking for a similar car with potentially more modern features, a later model Acura TL or Lexus ES might be worth considering. However, for rear-wheel-drive handling and a sporty feel, the 2001 IS is a compelling choice, especially if well-maintained.
Ranks #394 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★) |
| 394 | 2001 Lexus IS | (0.0★) |
Final Verdict: Is the 2001 Lexus IS a Good Sedan?
The 2001 Lexus IS is ideal for driving enthusiasts who appreciate a sporty, rear-wheel-drive sedan with a reputation for reliability. It's worth buying used if you find a well-maintained example with a clean title and no major rust. Ideally, look for a model with a manual transmission, as it enhances the driving experience. Given its age, a pre-purchase inspection by a trusted mechanic is essential to assess its overall condition and potential maintenance needs. It's a great entry-level luxury car for those who prioritize fun-to-drive dynamics and Lexus build quality, but be prepared for age-related repairs and maintenance.
Cathleen V
Cathleen is an exceptional freelance writer covering hot topics in the automotive world from a gearhead's perspective. Her articles delve into various aspects of automotive technology and history, offering readers detailed insights into engine performance, reliability, and maintenance. Through her engaging and informative writing, Cathleen provides valuable information to automotive enthusiasts and consumers alike, helping them make informed decisions about vehicle maintenance and purchases.