The 2024 Lexus IS continues the legacy of Lexus's entry-level luxury compact sport sedan, known for its refined blend of performance and luxury. Introduced in 1999, the IS series, currently in its third generation (since 2014), offers a sleek four-door sedan body style. Key trims include the IS 300, IS 350 F Sport, and the powerful IS 500 F Sport Performance. Pricing typically ranges from approximately $41,000 to over $65,000. It stands out for its distinctive styling, robust reliability, and engaging driving dynamics, making it popular among buyers seeking a premium yet dependable daily driver.
The Good
The 2024 Lexus IS offers a compelling package: its aggressive design and available V8 engine appeal to emotional buyers, while legendary Lexus reliability and a comfortable, well-appointed cabin attract practical ones. Excellent build quality, strong resale value, and competitive fuel efficiency in lower trims make it a smart long-term investment that still delivers an enjoyable driving experience.
The Bad
While generally strong, the 2024 Lexus IS has a few weaknesses to consider. Its infotainment system, though updated, can still feel less intuitive than rivals. Rear seat legroom is somewhat tight compared to competitors, and the base engine can feel underpowered. Some may find the ride stiff on F Sport models, particularly with larger wheels.
2024 Lexus IS: Quick Overview
- Engine Options:
- IS 300 RWD: 2.0L Turbocharged Inline-4
- IS 300 AWD: 3.5L V6
- IS 350 RWD/AWD: 3.5L V6
- IS 500 F Sport Performance: 5.0L Naturally Aspirated V8
- IS 300 RWD: 2.0L Turbocharged Inline-4
- Horsepower:
- IS 300 RWD: 241 hp
- IS 300 AWD: 260 hp
- IS 350 RWD/AWD: 311 hp
- IS 500 F Sport Performance: 472 hp
- IS 300 RWD: 241 hp
- Fuel Economy (EPA Estimated MPG):
- IS 300 RWD: 21 city / 31 highway / 25 combined
- IS 300 AWD: 19 city / 26 highway / 22 combined
- IS 350 RWD: 20 city / 28 highway / 23 combined
- IS 350 AWD: 19 city / 26 highway / 22 combined
- IS 500 F Sport Performance: 17 city / 25 highway / 20 combined
- IS 300 RWD: 21 city / 31 highway / 25 combined
- 0-60 MPH Times (Manufacturer Estimates):
- IS 300 RWD: ~6.9 seconds
- IS 300 AWD: ~6.1 seconds
- IS 350 RWD: ~5.6 seconds
- IS 350 AWD: ~5.3 seconds
- IS 500 F Sport Performance: ~4.4 seconds
- IS 300 RWD: ~6.9 seconds
- Towing Capacity: Not officially rated or recommended for towing.
- Key Trim-Level Features:
- IS 300: Standard 8-inch touchscreen, Lexus Safety System+ 2.5, LED headlamps, dual-zone climate control, NuLuxe interior trim.
- IS 350 F Sport: Builds on IS 300 with F Sport styling (grille, bumpers), 19-inch wheels, F Sport suspension tuning, heated/ventilated front seats, available 10.3-inch touchscreen, F Sport gauge cluster.
- IS 500 F Sport Performance: Adds the powerful V8 engine, unique 19-inch Enkei alloy wheels, quad exhaust tips, Torsen limited-slip differential (RWD only), larger brakes, Adaptive Variable Suspension (AVS), F Sport bolstered seats, specific exterior and interior trim. Available with a Blackout Package for unique visual enhancements.
- IS 300: Standard 8-inch touchscreen, Lexus Safety System+ 2.5, LED headlamps, dual-zone climate control, NuLuxe interior trim.
2024 Lexus IS Specifications
Vehicle Information
| Year | 2024 |
| Make | Lexus |
| Model | IS |
| Trim | - |
| Style | - |
| Type | Sedan |
| Category | Minicompact Car |
Manufacturing Details
| Made In | Japan |
| Manufacturing City | TAHARA |
Dimensions
| Doors | 4-Door |
| Curb Weight | 1759.94 kg |
| Gross Vehicle Weight Rating | - |
| Overall Height | - |
| Overall Length | 470.92 cm |
| Overall Width | - |
| Wheelbase Length | 279.91 cm |
| Standard Seating | 5 |
Engine & Performance
| Engine | 3.5-L V-6 24V DOHC |
| Engine Size | 3.5L |
| Engine Cylinders | 6 |
| Transmission | 8-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 8-Speed |
| Drivetrain | All-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $46,510 USD |
| Invoice Price | - |
| Delivery Charges | $1,150 USD |
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What Problems Does the 2024 Lexus IS Have?
The Lexus IS, including the 2024 model, benefits from Lexus's sterling reputation for reliability, consistently ranking high in consumer satisfaction and dependability studies. Consequently, frequently reported major problems for new models like the 2024 IS are uncommon.
For the current generation (since 2014) and extending to the 2024 model, any issues tend to be minor and not systemic. Owners occasionally mention the infotainment system interface being less intuitive or responsive than some rivals, or a desire for more modern connectivity options. Another minor point sometimes raised is the relatively cramped rear legroom, which is a design characteristic rather than a "problem."
Recalls for the 2024 model year are usually specific and addressed swiftly by Lexus. It's always advisable for prospective buyers to check the NHTSA website for any open recalls on a specific VIN. Historically, earlier model years of the third-generation IS have been largely trouble-free. For instance, the 2014-2016 models had very few significant reported issues. The 2017 refresh and subsequent updates, including the major styling and interior updates for 2021 (which carry into 2024), generally refined the platform without introducing new widespread mechanical problems.
Long-term reliability concerns for the IS are minimal. Lexus powertrains (especially the naturally aspirated V6 and V8) are known for their durability. With regular maintenance, it's common for IS models to exceed 150,000 to 200,000 miles without major mechanical failures. Owners generally report high satisfaction with long-term ownership, citing minimal unscheduled repairs. The primary concerns over time are typically wear-and-tear items, such as tires, brakes, and routine fluid changes, which are standard for any vehicle.
For the current generation (since 2014) and extending to the 2024 model, any issues tend to be minor and not systemic. Owners occasionally mention the infotainment system interface being less intuitive or responsive than some rivals, or a desire for more modern connectivity options. Another minor point sometimes raised is the relatively cramped rear legroom, which is a design characteristic rather than a "problem."
Recalls for the 2024 model year are usually specific and addressed swiftly by Lexus. It's always advisable for prospective buyers to check the NHTSA website for any open recalls on a specific VIN. Historically, earlier model years of the third-generation IS have been largely trouble-free. For instance, the 2014-2016 models had very few significant reported issues. The 2017 refresh and subsequent updates, including the major styling and interior updates for 2021 (which carry into 2024), generally refined the platform without introducing new widespread mechanical problems.
Long-term reliability concerns for the IS are minimal. Lexus powertrains (especially the naturally aspirated V6 and V8) are known for their durability. With regular maintenance, it's common for IS models to exceed 150,000 to 200,000 miles without major mechanical failures. Owners generally report high satisfaction with long-term ownership, citing minimal unscheduled repairs. The primary concerns over time are typically wear-and-tear items, such as tires, brakes, and routine fluid changes, which are standard for any vehicle.
How long will the 2024 Lexus IS last?
Based on extensive owner data and Lexus's renowned engineering, the 2024 Lexus IS is estimated to provide an average of 200,000 to 250,000 miles or 15-20 years of reliable service with proper maintenance. Many owners report their Lexus vehicles exceeding these figures. The IS boasts exceptional long-term durability, with its engines and transmissions frequently lauded for their robustness.
Weaknesses over time are typically minor and surface well beyond typical ownership periods. These might include aging interior plastics (though quality is high), worn suspension components (shocks, bushings) after extensive mileage, or minor electrical gremlins that are common across any brand. Rust is generally not a significant issue due to good anti-corrosion treatments. Overall, the IS is a strong performer in terms of long-term endurance, requiring primarily routine maintenance to achieve a very long service life.
Weaknesses over time are typically minor and surface well beyond typical ownership periods. These might include aging interior plastics (though quality is high), worn suspension components (shocks, bushings) after extensive mileage, or minor electrical gremlins that are common across any brand. Rust is generally not a significant issue due to good anti-corrosion treatments. Overall, the IS is a strong performer in terms of long-term endurance, requiring primarily routine maintenance to achieve a very long service life.
What Technology & Safety Features are Included?
The 2024 Lexus IS integrates a comprehensive suite of technology and safety features. Standard is an 8-inch touchscreen infotainment system with Apple CarPlay, Android Auto, and Amazon Alexa compatibility. An available 10.3-inch touchscreen, standard on the IS 500 and optional on other trims, offers improved resolution and a slightly more premium feel. While functionality is strong, some find the interface and remote touch controller less intuitive than rivals' systems. A 10-speaker Lexus Premium Sound System is standard, with an optional 17-speaker Mark Levinson® Surround Sound Audio System providing exceptional audio quality.
For driver assistance and safety, the 2024 IS comes standard with the Lexus Safety System+ 2.5. This suite includes:
Other standard safety features include 10 airbags, a backup camera, and vehicle stability control. Optional features typically include a Blind Spot Monitor with Rear Cross-Traffic Alert, Intuitive Parking Assist with Auto Braking, and a Panoramic View Monitor.
Crash test ratings for the 2024 Lexus IS are impressive. The National Highway Traffic Safety Administration (NHTSA) awarded the 2024 IS a 5-star overall safety rating, its highest possible score. The Insurance Institute for Highway Safety (IIHS) designated previous IS model years with a Top Safety Pick+ award, and the 2024 model is expected to carry similar strong ratings for its excellent performance in various crash tests and its effective front crash prevention systems.
For driver assistance and safety, the 2024 IS comes standard with the Lexus Safety System+ 2.5. This suite includes:
- Pre-Collision System with Pedestrian Detection and Intersection Support
- All-Speed Dynamic Radar Cruise Control
- Lane Tracing Assist
- Lane Departure Alert with Steering Assist
- Intelligent High Beams
- Road Sign Assist
Other standard safety features include 10 airbags, a backup camera, and vehicle stability control. Optional features typically include a Blind Spot Monitor with Rear Cross-Traffic Alert, Intuitive Parking Assist with Auto Braking, and a Panoramic View Monitor.
Crash test ratings for the 2024 Lexus IS are impressive. The National Highway Traffic Safety Administration (NHTSA) awarded the 2024 IS a 5-star overall safety rating, its highest possible score. The Insurance Institute for Highway Safety (IIHS) designated previous IS model years with a Top Safety Pick+ award, and the 2024 model is expected to carry similar strong ratings for its excellent performance in various crash tests and its effective front crash prevention systems.
What Colors Options are Available?
We’re working on this section!
In the meantime, feel free to explore the other sections for more content.
In the meantime, feel free to explore the other sections for more content.
2024 Lexus IS Prices and Market Value
When new, the 2024 Lexus IS starts around $41,235 for the IS 300 RWD, rising to over $65,000 for a fully equipped IS 500 F Sport Performance. Current used market prices for recent model years (e.g., 2021-2023) show excellent retention. A 2021 IS 300 might fetch $30,000-$35,000, while a 2021 IS 350 F Sport could be $35,000-$40,000+, depending on mileage and condition. Lexus vehicles, including the IS, are known for their strong resale value and slower depreciation compared to many luxury rivals.
Factors positively affecting resale value include the brand's reputation for reliability, conservative styling updates that age well, and a loyal customer base. Lower mileage, good maintenance records, desirable F Sport packages, and all-wheel drive options also contribute to better retention. Conversely, significant accidents, high mileage, or poor maintenance history will naturally accelerate depreciation.
Factors positively affecting resale value include the brand's reputation for reliability, conservative styling updates that age well, and a loyal customer base. Lower mileage, good maintenance records, desirable F Sport packages, and all-wheel drive options also contribute to better retention. Conversely, significant accidents, high mileage, or poor maintenance history will naturally accelerate depreciation.
2024 Lexus IS Cost of Ownership
The 2024 Lexus IS generally offers competitive long-term ownership costs for a luxury sport sedan. Insurance costs are moderate, often lower than direct German rivals, thanks to Lexus's strong safety ratings and theft deterrence. Fuel costs vary significantly by engine: the IS 300 RWD is relatively efficient, while the IS 500 V8 will be notably thirstier. Maintenance costs are typically reasonable, with Lexus service known for transparency and quality, though premium parts can be pricier than economy brands. Repair costs are low due to exceptional reliability; unscheduled repairs are infrequent. Overall, the Lexus IS is considered economical to own for its class, especially when compared to European luxury competitors, due to its reliability and strong resale value offsetting initial premium costs.
2024 Lexus IS Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
65.87 liters
City Mileage
8.08 km/l
Highway Mileage
11.05 km/l
2024 Lexus IS Safety Rating
NHTSA
2024 Lexus IS Warranty
Basic
Original warranty
48 months / 50,000 miles
Estimated remaining
36 months / 50,000 miles
Powertrain
Original warranty
72 months / 70,000 miles
Estimated remaining
60 months / 70,000 miles
Rust
Original warranty
72 months / unlimited miles
Estimated remaining
60 months / unlimited miles
2024 Lexus IS Insurance
Insurance for a 2024 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 2024 Lexus IS Compare to Other Sedan?
The 2024 Lexus IS competes directly with established players like the BMW 3 Series, Mercedes-Benz C-Class, and Audi A4.
In performance, the IS 300's base engine can feel less energetic than rivals' turbocharged fours (e.g., BMW 330i, Audi A4 45 TFSI). The IS 350 with its V6 offers smooth power but might not match the outright sportiness or advanced transmission of a BMW M340i. However, the IS 500 F Sport Performance stands out with its naturally aspirated 5.0L V8, offering a visceral driving experience and sound that many rivals (now heavily turbocharged) can't match, putting it closer to an M340i or C43 AMG in straight-line speed, but with a unique old-school character.
For features, the IS offers a generous standard safety suite (Lexus Safety System+ 2.5) but its infotainment system, while improved, can feel a step behind the more modern and intuitive interfaces found in BMW's iDrive or Mercedes' MBUX. Cabin materials are excellent, but rear passenger space is tighter than in the 3 Series or A4.
Reliability is where the IS truly shines, consistently outperforming its German rivals. Lexus's reputation for bulletproof dependability is a major draw, leading to lower long-term ownership costs and higher peace of mind.
In terms of price, the IS is generally competitive. The IS 300 and 350 models often come in slightly below comparable 3 Series or C-Class models, especially considering standard features. The IS 500, while expensive, offers V8 power at a price point that undercuts some pure performance variants like the M3 or C63.
Alternatives:
If reliability and a distinct V8 experience are top priorities, the IS 500 is a compelling choice. For cutting-edge tech or ultimate handling, a BMW 3 Series might be a "better" alternative. For a more opulent interior, the C-Class is worth considering.
In performance, the IS 300's base engine can feel less energetic than rivals' turbocharged fours (e.g., BMW 330i, Audi A4 45 TFSI). The IS 350 with its V6 offers smooth power but might not match the outright sportiness or advanced transmission of a BMW M340i. However, the IS 500 F Sport Performance stands out with its naturally aspirated 5.0L V8, offering a visceral driving experience and sound that many rivals (now heavily turbocharged) can't match, putting it closer to an M340i or C43 AMG in straight-line speed, but with a unique old-school character.
For features, the IS offers a generous standard safety suite (Lexus Safety System+ 2.5) but its infotainment system, while improved, can feel a step behind the more modern and intuitive interfaces found in BMW's iDrive or Mercedes' MBUX. Cabin materials are excellent, but rear passenger space is tighter than in the 3 Series or A4.
Reliability is where the IS truly shines, consistently outperforming its German rivals. Lexus's reputation for bulletproof dependability is a major draw, leading to lower long-term ownership costs and higher peace of mind.
In terms of price, the IS is generally competitive. The IS 300 and 350 models often come in slightly below comparable 3 Series or C-Class models, especially considering standard features. The IS 500, while expensive, offers V8 power at a price point that undercuts some pure performance variants like the M3 or C63.
Alternatives:
- BMW 3 Series: Better driving dynamics (especially in higher trims), more advanced infotainment, roomier rear seat.
- Mercedes-Benz C-Class: More luxurious interior design, superior infotainment, generally a softer ride.
- Audi A4: Standard AWD, refined ride, sophisticated interior tech.
- Genesis G70: Strong performance, attractive styling, excellent value proposition, but a less established brand image.
If reliability and a distinct V8 experience are top priorities, the IS 500 is a compelling choice. For cutting-edge tech or ultimate handling, a BMW 3 Series might be a "better" alternative. For a more opulent interior, the C-Class is worth considering.
Final Verdict: Is the 2024 Lexus IS a Good Sedan?
The 2024 Lexus IS is ideal for buyers prioritizing unflappable reliability, strong safety, distinctive styling, and a comfortable, well-built interior within a luxury compact sport sedan package. It appeals to those who appreciate a quality driving experience without needing the absolute sharpest handling or the latest, most complex infotainment systems of some rivals.
It is definitely worth buying, particularly for those seeking a dependable daily driver with a touch of sportiness. A new IS 350 F Sport offers a balanced blend of power, aesthetics, and features, making it a sweet spot. For enthusiasts craving a raw, naturally aspirated V8, the IS 500 F Sport Performance is a unique proposition, albeit at a higher price. Buying used, particularly a 2-3 year old model, offers excellent value due to Lexus's strong resale and reliability, allowing access to luxury at a significant discount with confidence in its longevity. Avoid the base IS 300 RWD if spirited performance is a high priority.
It is definitely worth buying, particularly for those seeking a dependable daily driver with a touch of sportiness. A new IS 350 F Sport offers a balanced blend of power, aesthetics, and features, making it a sweet spot. For enthusiasts craving a raw, naturally aspirated V8, the IS 500 F Sport Performance is a unique proposition, albeit at a higher price. Buying used, particularly a 2-3 year old model, offers excellent value due to Lexus's strong resale and reliability, allowing access to luxury at a significant discount with confidence in its longevity. Avoid the base IS 300 RWD if spirited performance is a high priority.
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.