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Lexus

Lexus - IS (2021)

Looking for the definitive Lexus IS price guide? Whether you’re eyeing a brand‑new 2021 Lexus IS or a sleek pre‑owned model, this page gives you everything you need to know about what a 2021 Lexus IS is worth, how it compares to its peers, and how the market value changes over time. Below you’ll find a detailed specs list, depreciation insights, and market positioning that can help you make an informed purchase decision.

  • Model: Lexus IS 2021 / Used Lexus IS
  • Engine: 2.5L 4‑cylinder (~203 hp) or 3.5L 6‑cylinder (~311 hp) Twin‑Turbo variants
  • Transmission: 8‑speed automatic with manual mode or optional dual‑clutch 6‑speed
  • Drivetrain: Front‑wheel drive (base) / All‑Wheel Drive (AWD) available on higher trims
  • Fuel type: Regular gasoline (87 octane); 87‑octane gasoline recommended for fuel efficiency
  • Dimensions: Length 184.1 in, Width 70.2 in, Height 56.3 in, Wheelbase 109.5 in
  • Weight: 3,802–4,222 lb (depending on trim and wheel size)
  • Front / Rear Brakes: Ventilated disc braking, 14.5‑inch and 13‑inch discs respectively
  • Infotainment: 9‑inch touchscreen, Apple CarPlay/Android Auto, navigation, premium audio
  • Interior Features: Dual‑zone climate control, heated seats, leather upholstery (optional), power‑lift rear doors
  • Safety: Adaptive cruise control, lane‑keeping assist, pre‑collision system, blind‑spot monitoring

When you ask, what is a 2021 Lexus IS worth, the answer depends on several variables—trim level, mileage, condition, and regional demand. The base used Lexus IS price typically falls between $25,000 and $30,000 in the U.S., while higher‑trim models can range from $38,000 to $45,000. For the new stock, a 2021 arrival is often positioned around $37,000 to $50,000, but that figure shifts based on packages and optional features.

Depreciation Insight

The Lexus IS depreciation rate is shaped by the brand’s reputation for quality and the compact luxury segment’s competitive dynamics. Here’s how the value usually changes:

  • First year: Typically loses 15‑20% of its original value. For a brand‑new IS that starts at $45,000, a year later you might see the market price drop to roughly $36,000–$38,000.
  • Second year: An additional loss of 10‑12% is common. The price will hover around $32,000–$34,000.
  • Three to five years: Total depreciation usually reaches 50‑55% of the original purchase price. A 2021 model in average condition could be worth as little as $20,000–$22,000 after five years.
  • Beyond five years: Value stabilizes, offering a more predictable resale figure, especially for models with low mileage and high service discipline.

These numbers reflect typical market patterns and can vary dramatically based on region, optional packages, weather‑related wear, and accident history.

Comparison Context

When deciding if the Lexus IS price is competitive, it helps to compare it to rivals in the compact luxury class: