2024 Lexus IS: Reliability, Recalls, Known Issues & Cost to Own
Data last updated 2026-07-04 · sources listed throughout · based on public NHTSA data
Latest IS with excellent reliability and almost no complaints; the naturally aspirated V6 and V8 IS 500 avoid downsized-turbo risk. Premium build, strong safety scores, low repair costs and class-leading resale make it a standout used luxury-sport-sedan buy. 1 known issue pattern is documented below, with frequency and the mileage windows where they typically appear. New, the 2024 Lexus IS ranged from $40,085 to $63,370 depending on trim (base MSRP, before options and destination).
This listing
Context from the listing you were viewing, not a market-price judgement.
Latest IS with excellent reliability and almost no complaints; the naturally aspirated V6 and V8 IS 500 avoid downsized-turbo risk. Premium build, strong safety scores, low repair costs and class-leading resale make it a standout used luxury-sport-sedan buy.
Sources (3)
- rerev.comhttps://rerev.com/articles/lexus-is-250-years-to-avoid/
- rerev.comhttps://rerev.com/articles/lexus-is-350-years-to-avoid/
- repairpal.comhttps://repairpal.com/reliability/lexus/is250
Known issues
-
Exceptionally few complaints across these years; the proven 2.0L turbo, 3.5L V6 and V8 powertrains are very reliable. Isolated reports of engine misfire/loss of power and a minor electric-steering notch at highway speed.
isolated · 4 NHTSA complaints · engine
Based on public NHTSA complaint data and AI synthesis: patterns, not guarantees.
Sources (3)
- api.nhtsa.govhttps://api.nhtsa.gov/complaints/complaintsByVehicle?make=lexus&model=is&mode…
- api.nhtsa.govhttps://api.nhtsa.gov/complaints/complaintsByVehicle?make=lexus&model=IS%2035…
- api.nhtsa.govhttps://api.nhtsa.gov/complaints/complaintsByVehicle?make=lexus&model=IS%2050…
Recalls & safety
Recall history hasn't been loaded for this model year yet.
Whether a recall is still open on a specific car depends on its VIN. Check it free at NHTSA's VIN lookup (nhtsa.gov/recalls), or ask the seller for proof the repair was done.
Pros & cons
Pros
- Engaging rear-wheel-drive dynamics and sharp F Sport handling
- Naturally aspirated 3.5L V6 (and V8 IS 500) avoid downsized-turbo complexity
- Premium, solidly built, quiet interior with strong crash-test scores
- Outstanding reliability, among the most dependable luxury sport sedans
- Excellent resale value and low repair costs for the class
Cons
- Premium fuel recommended
- Turbo IS 200t/300 four-cylinder is merely adequate; firm F Sport ride
- Tight rear seat and small trunk versus rivals
- Aging infotainment with a fiddly Remote Touch trackpad on pre-2021 cars
Trims & original pricing
| Trim | Original base MSRP | New today | Engine | MPG |
|---|---|---|---|---|
| 300 | $40,085 | $40,535 | — | — |
| 300 F Sport Design | $41,905 | $42,505 | — | — |
| 300 F Sport | $43,155 | $44,580 | — | — |
| 350 F Sport Design | $43,260 | $45,500 | — | — |
| 350 F Sport | $44,510 | $47,950 | — | — |
| 500 F Sport Performance | $58,870 | $59,520 | — | — |
| 500 F Sport Performance Premium | $63,370 | $64,020 | — | — |
Prices are base MSRP for each trim's standard configuration. Options, packages, and destination charges added to what original buyers actually paid.
Sources (4)
- iseecars.comhttps://www.iseecars.com/car/2024-lexus-is_300-price
- iseecars.comhttps://www.iseecars.com/car/lexus-is-300-price
- iseecars.comhttps://www.iseecars.com/car/2024-lexus-is_350-price
- iseecars.comhttps://www.iseecars.com/car/2024-lexus-is_500-price
Depreciation
Move your cursor along the line to see the estimated value for any year.
This listing sits above the typical depreciation curve. Common for heavily-optioned cars and for 2021-2023 model years (pandemic-era pricing); the curve is anchored at base MSRP, which excludes options.
Curve anchored at the entry-trim base MSRP ($40,085). Higher trims started higher (up to $63,370), and options added more.
Curve outlook: a typical 2024 loses roughly another 28% of its value over the next 3 years. These are estimates from public data, not a market-price claim.
Sources (1)
- iseecars.comhttps://www.iseecars.com/car/lexus-is-300/resale-value
Cost to own
| Repairs (rises with mileage) | ≈ $450–500/yr |
| Expected lifespan | ~275k miles |
Requires premium fuel
National-average estimates based on public data. Your costs vary by region, driver, and condition.
Sources (2)
- repairpal.comhttps://repairpal.com/reliability/lexus/is250
- fueleconomy.govhttps://www.fueleconomy.gov/ws/rest/vehicle/35343
Frequently asked questions
What problems does the 2024 Lexus IS have?
Documented issue patterns include: Exceptionally few complaints across these years; the proven 2.0L turbo, 3.5L V6 and V8 powertrains are very reliable. Isolated reports of engine misfire/loss of power and a minor electric-steering notch at highway speed. Frequency is based on public NHTSA complaint data: patterns, not guarantees.
Is the 2024 Lexus IS reliable?
Latest IS with excellent reliability and almost no complaints; the naturally aspirated V6 and V8 IS 500 avoid downsized-turbo risk. Premium build, strong safety scores, low repair costs and class-leading resale make it a standout used luxury-sport-sedan buy.
How much did the 2024 Lexus IS cost new?
Between $40,085 and $63,370 depending on trim. Those are base MSRPs for each trim's standard configuration; options, packages, and destination charges added to what original buyers actually paid.
Is the Lexus IS expensive to maintain?
Estimated repairs run roughly $450–500/year as mileage climbs. Note: it requires premium fuel.
Checking a listing right now?
The CarVitals extension runs this report automatically on any CarMax listing you open, with the listing's exact price, mileage, and trim filled in for you.
Add to Chrome · FreeNo account needed for the check. It runs on the car's details.
Estimates are based on public data: patterns, not guarantees. CarVitals is not affiliated with NHTSA, CarMax, AutoTrader, or Cars.com. Issue frequencies come from public NHTSA complaint data, which has no denominator, so they describe reporting patterns, not failure probabilities. Always have a used car inspected before buying. How we build these reports.