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2024 Lexus IS: Unveiling Price Shifts and Exciting Updates

Last Updated on October 20, 2023 by SPN Editor

In the ever-competitive world of automobiles, the 2024 Lexus IS has managed to carve its niche. Entering its tenth year with a fresh face, this luxury sedan maintains its fundamental design from 2014. However, the significant shifts in the 2024 model primarily revolve around pricing and subtle aesthetic upgrades.

A Palette of Colors:

Lexus offers a vivid palette of exterior colors for the 2024 IS family, including a new array of shades. These colors encompass Incognito, Cloudburst Gray, and Grecian Water, among others. Nevertheless, it’s noteworthy that Ultra White and Infrared are available at an extra cost, $500 and $595, respectively.

Distinctive Models:

  1. IS 300: The base IS 300 now presents an F Sport Design grade, enhancing the visual appeal with elements such as 19-inch wheels and exclusive badges. Under the hood, it retains the engine choices from the previous year, providing a 2.0-liter turbocharged four-cylinder in the RWD version or a 3.5-liter V6 in the AWD model.
  2. IS 350: Opt for the IS 350, and you’re treated to a robust V6 engine, generating 311 horsepower and 280 pound-feet of torque, a substantial improvement over the IS 300’s 260 hp and 236 lb-ft of torque. A notable addition for 2024 is the Blackout Package option, which bestows a touch of style to the IS 350 F Sport.
  3. IS 500: At the pinnacle of the IS range, the 2024 IS 500 is driven by a commanding 5.0-liter V8 engine, producing 472 hp and 395 lb-ft of torque. The new model year brings standard black side mirrors and an option for the exclusive Incognito paint. In addition, the IS 500 F Sport Performance Premium introduces a Special Appearance Package, limited to only 150 units in the US market, elevating the sedan’s aesthetics.

Pricing Alterations:

The 2024 Lexus IS lineup arrives with a higher price tag than its 2023 counterparts, which calls for a closer look:

  • The base model, the IS 300, now starts at $41,235, which includes destination and handling fees. This reflects an increase compared to the $40,585 starting price in the previous year.
  • The IS 350 F Sport Design initiates at $44,410, making it $750 more expensive than the 2023 model.
  • The pinnacle of the IS range, the 2024 IS 500 F Sport Premium, commences at a minimum of $64,520, up from $62,770 in 2023.

The MSRP (Manufacturer’s Suggested Retail Price) for the 2024 Lexus IS models is presented below:

ModelMSRP
IS 300$41,235
IS 300 AWD$43,235
IS 300 F Sport Design$43,055
IS 300 F Sport Design AWD$45,095
IS 300 F Sport$44,905
IS 300 F Sport AWD$46,345
IS 350 F Sport Design$44,410
IS 350 F Sport Design AWD$46,410
IS 350 F Sport$45,660
IS 350 F Sport AWD$47,660
IS 500 F Sport$60,020
IS 500 F Sport Premium$64,520

Known for its remarkable value, dynamic performance, and impeccable craftsmanship, the 2024 Lexus IS line ushers in new grades, including the IS 300 F SPORT and F SPORT Design. The IS 350 offers the F SPORT Blackout Package, while the IS 500 F SPORT Performance Premium features the captivating Blue Vector within its Special Appearance Package. The 2024 Lexus IS models are anticipated to hit the market later this fall.

In the realm of luxury sedans, the 2024 Lexus IS continues to hold its ground, offering an enhanced driving experience.

While the exterior updates are subtle, the adjustments in pricing and the introduction of new packages enable prospective buyers to tailor their IS sedans to their preferences. Whether you’re in search of a balanced, sporty sedan or the high-powered IS 500, the 2024 Lexus IS lineup caters to an array of desires.