2021 Lexus IS 300, 350, F Sport Pricing Revealed

Although it’s not an entirely new car, the 2021 Lexus IS promises several upgrades over its predecessor. Keeping the same platform and engines as before, the small luxury sedan gets a fresher exterior design, an updated suspension, and a new infotainment system. With all the updates, the starting price has increased slightly from 2020, and the F Sport package is no longer available on IS 300 and IS 300 AWD models. However, other variants are cheaper than before, including the potent IS 350 F Sport.

The 2021 Lexus IS 300 RWD starts at $40,025, an increase of $440 from last year. At this price, it’s closely aligned with the 2021 Audi A4, which starts at $40,145. It also straddles the 2021 Genesis G70, which starts at $37,025, and the 2021 BMW 3 Series, priced from $42,245. The base model is the only IS to use the turbocharged 2.0-liter I-4 making 241 hp and 258 lb-ft of torque.

The IS 300 AWD, priced from $42,025, pumps out 260 hp and 236 lb-ft from a 3.5-liter V-6. If you’re looking for more power, upgrade to the IS 350, which delivers 311 hp and 280 lb-ft and now comes standard with the F Sport package. This model starts at $43,925. Both cars are priced lower than their 2020 equivalents—especially the 350 F Sport, which was priced from $46,400 last year. That means the 2021 Is 350 F Sport represents a significant $2,475 discount over last year.

F Sport models receive aerodynamic design elements as well as 19-inch wheels, a beefier exhaust, and a red interior. Buyers now must select the Dynamic Handling Package to get adaptive variable suspension. The 2021 Lexus IS arrives in dealerships this October.

2021 Lexus IS Prices

  • IS 300 RWD: $40,025
  • IS 300 AWD: $42,025
  • IS 350 RWD F Sport: $43,925
  • IS 350 AWD F Sport: $45,925

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