2024 Lexus IS Lineup: What’s New and How Prices Have Changed

Sharper Looks and Higher Costs: Updates for the 2024 Lexus IS

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.