MARKET ANALYSIS
IS (1999 to Present)

The Lexus IS, manufactured globally across three generations from 1999 to the present, established itself as a sharp-handling rival to the European executive crowd, though it was withdrawn from the Australian new-car market in late 2021 due to stricter side-impact safety regulations. In the 2026 Australian market, the final third-generation models—particularly the 2021 facelift units—have reached a peak in desirability, as they represent the last rear-wheel-drive sports sedans Lexus offered locally with the choice of a punchy turbo-four (IS 300), an efficient hybrid (IS 300h), or the muscular 3.5-litre V6 (IS 350). The buyer pool in Australia is currently dominated by driving enthusiasts who value the model's mechanical longevity over more complex European alternatives and luxury-value hunters who are specifically targeting the F Sport variants for their aggressive styling and high-resolution 10.3-inch touchscreens. Locally, market value is exceptionally strong for the IS 350 F Sport with the Enhancement Pack, as 2026 buyers prioritise these for being "future-proofed" modern classics that offer a level of build quality and reliability that remains a benchmark in the prestige used-car sector.
The Lexus IS, manufactured globally across three generations from 1999 to the present, established itself as a sharp-handling rival to the European executive crowd, though it was withdrawn from the Australian new-car market in late 2021 due to stricter side-impact safety regulations. In the 2026 Australian market, the final third-generation models—particularly the 2021 facelift units—have reached a peak in desirability, as they represent the last rear-wheel-drive sports sedans Lexus offered loca…
Model years for Lexus IS (1999 to Present)

2008 Lexus IS F
83,561 km • Automatic • RHD
🇦🇺Nicholls, ACT
$19,888
Auction
Nov 18, 2025
2008 Lexus IS F
146,914 km • Automatic • RHD
🇦🇺Gold Coast, QLD
$24,000
Auction
Nov 19, 2023
2023 Lexus IS500 F Sport
21,550 km • Automatic • RHD
🇦🇺Chullora, NSW
$75,250
Auction
May 14, 2025
2008 Lexus IS F
115,737 km • Automatic • RHD
🇦🇺Melbourne, VIC
$28,500
Auction
Nov 03, 2025