Lexus
IS
Year
Go
2023 lexus is
MSRP
$40,985
CarsDirect Target Price
$40,985
Lease EstimateSee Lease Deals
$577/mo
Finance Estimate
$585/mo
Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2023 Lexus IS
Lease
$577 / month
Finance
$585 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00243 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
Sales Tax
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2023 Lexus IS Prices and Deals

Joel Patel
Automotive Editor - February 6, 2023
  • 2023 Lexus IS available with limited availability
  • Lease: From $529 per month for 39 months
  • Rebate: Up to $1,500 lease cash
  • Finance: From 3.49% APR for 48 months

2023 Lexus IS Available With Limited Availability; 2022s Sold Out

An all-new Lexus IS has arrived for 2022. The powertrains carry forward without any changes. The most significant changes include the exterior lighting elements, interior design, and the infotainment system. An IS 500 F Sport model with a V8 engine follows later this year for the 2022 model year. The 2023 Lexus IS is available at dealerships, while the 2022 model is sold out.

Dealer inventories are thin due to the global semiconductor chip shortage. You may need to work with your dealer to find one. Further, the offers were downgraded considerably this month.

This page is updated monthly with the most recent incentives, so be sure to check back for the latest information. The current incentives expire on February 28, 2023. The examples listed here are based on the East Coast.

Lexus IS Lease Deals

Lease From $529/Mo.

Lexus is offering the 2023 IS with one lease deal this month. The deal is for the IS 300 and requires $529 per month for 39 months with $3,999 due at signing. The effective monthly cost is $632, making this a competitive deal. This lease deal includes $10,000 miles a year.

At lease end, you will pay a disposition fee.

Lexus IS Rebate Deals

Up to $1,500 lease cash

Lexus is offering the 2023 IS 300 with up to $1,500 in lease cash. Lexus is also offering a payment waiver for six months for the 2023 IS. It's available for current Lexus lessees and is good for purchases or leases.

Lexus also offers a $1,000 College Graduate Program rebate and a Military Reward Program with its own $1,000 reward. The luxury automaker is also running a pilot program on the East Coast for a $2,000 College Grad Discount. Check with your Lexus dealer to determine eligibility for either program.

Lexus IS Financing Deals

Rates From 3.49% APR

Lexus has two special financing rates for the 2023 IS sedan this month. The sedan is available with a 3.49% APR financing deal for 48 months and a 72-month term with an APR of 4.49%.

These rates are not as attractive as the ones other luxury automakers are offering or the ones Lexus had last year. Check with your dealer about available standard financing deals.

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Advertised Lease Deals

2023 Lexus IS IS 300 Lease Deal
$529Monthly Payment
Term Length (months): 39
Due at signing: $3,999
Mileage: 10k
MSRP: $47,485
Deal Valid in: Eastern States
Expiration: 2/28/23

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

CarsDirect Target Price

Prices vary by style

CarsDirectPricing as of 2/8/23 in 20149
MSRP
$40,985
Sales Price
$40,985
Cash Rebates
$0
Target Price
$40,985
Lease Estimate
$577/mo
Finance Estimate
$585/mo

Financing Incentives

RebateAmount
Promotional APR Offer Promotional APR programs available for qualified buyers. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States listed in the BUSINESS CENTER BOUNDARIES section.
Term(s)1 - 4849 - 6061 - 72
Rate %3.49%4.49%4.49%
Eligibility Residents residing in qualifying regions of the United States listed in the BUSINESS CENTER BOUNDARIES section.

Leasing Incentives

RebateAmount
Lease Bonus Cash Lease Cash (Expires 2/28/23) Bonus cash available for qualified customers leasing a vehicle through the manufacturer's captive finance company on approved credit. Please check with your CarsDirect Trusted Dealer for complete details. $2,500

Hurry! Offer expires

Leases For Similar Cars

Based on 2023 Lexus IS IS 300 Base 4dr Rear-Wheel Drive Sedan - MSRP $40,985

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