The Lexus IS, now in its tenth year in its current form on the US market, is still making waves. While it’s noticeably sharper compared to its 2014 counterpart, the 2024 model year keeps the core design but comes with some notable changes, primarily in pricing.
In terms of novelties, the base IS 300 now offers an F Sport Design grade, featuring exterior enhancements like 19-inch wheels and special badges. The IS 300 F Sport takes it up a notch with the same visual upgrades and adds heated and ventilated front seats, aluminum pedals, and an F Sport heated steering wheel. Beneath the hood, there are no alterations, with the IS 300 still available with a 2.0-liter turbo four-cylinder in the RWD version or a 3.5-liter V6 in AWD guise.
For those who opt for the IS 350, a more potent version of the V6 engine awaits, delivering 311 horsepower and 280 pound-feet of torque, a significant step up from the 260 hp and 236 lb-ft in the IS 300. In 2024, the IS 350 F Sport introduces a Blackout Package option, featuring matte black BBS 19-inch alloys, black exterior mirrors, dark chrome window trim, and a memory package for the driver’s seat, side mirrors, and steering wheel.
At the top of the 2024 IS family is the IS 500, boasting a 5.0-liter V8 engine with a commanding 472 hp and 395 lb-ft of torque. The new model year brings some upgrades, including standard black side mirrors and the option to have the striking Incognito paint color. The IS 500 F Sport Performance Premium takes it even further with a Special Appearance Package, elevating the sedan’s aesthetics with Blue Vector paint, 19-inch forged alloy wheels, and blue stitching inside the cabin. It’s noteworthy that only 150 units of this model will be available in the US market.
However, these enhancements come at a cost. In 2024, every IS model is priced higher than its 2023 counterpart. The base model starts at $41,235, including destination and handling fees, compared to $40,585 in the previous year. The IS 350 F Sport Design starts at $44,410, making it $750 more expensive than the 2023 model. Finally, the 2024 IS 500 F Sport Premium comes with a starting price of at least $64,520, in contrast to $62,770 in 2023.
Here’s a breakdown of the prices for the 2024 Lexus IS lineup:
- 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
These pricing adjustments reflect the changes and improvements that the 2024 Lexus IS brings to the table, catering to those who seek both performance and luxury in a compact sedan.
