Notices
IS 500 (2022-2025) Conversations specifically about the 2022+ IS500 models.

Used IS 500 Prices

Thread Tools
 
Search this Thread
 
Old Apr 17, 2023 | 03:06 PM
  #1  
abdrury's Avatar
abdrury
Thread Starter
Intermediate
Liked
Loved
 
Joined: Sep 2022
Posts: 278
Likes: 253
From: KY
Default Used IS 500 Prices

I’d love to know dealers are actually getting for the used IS 500’s they are selling. Assuming they sell them! I see them asking a whole bunch, but any idea what these things are actually going for?

I see LE’s in the $70’s (quite a few of them.)

Last edited by abdrury; Apr 18, 2023 at 08:58 AM.
Reply
Old Apr 17, 2023 | 03:20 PM
  #2  
macmaster's Avatar
macmaster
Pole Position
 
Joined: Dec 2010
Posts: 2,799
Likes: 1,985
From: SoCal
Default

Originally Posted by abdrury
I’d love to know dealers are actually getting for the used IS 500’s they are selling. Assuming they sell them! I see them asking a whole bunch, but any idea what these things are actually going for?

I see LE’s in the $70’s (quite a few of them) and even now some Molten Pearls with high price tags. One dealer in CA started their used MP at $76 and is down to $69! And of course N. Park Rio Grande has a used one at $72.
I think they're keeping the prices high just to show off. They don't really care to sell them. IS500 was never a high-volume seller. Save that for the NX, ES, and RX. The IS500 is more of a halo car. They like to keep it in the middle of the showroom, keep the price tag high, and who cares if they don't sell it. A lot of dealerships also have LFAs on display that say "not for sale," despite showing the $388,000 window sticker. It's the same concept but on a smaller scale.
Reply
Old Apr 17, 2023 | 09:19 PM
  #3  
trippleB's Avatar
trippleB
Rookie
 
Joined: Feb 2023
Posts: 33
Likes: 15
From: NY
Default

Originally Posted by abdrury
I’d love to know dealers are actually getting for the used IS 500’s they are selling. Assuming they sell them! I see them asking a whole bunch, but any idea what these things are actually going for?

I see LE’s in the $70’s (quite a few of them) and even now some Molten Pearls with high price tags. One dealer in CA started their used MP at $76 and is down to $69! And of course N. Park Rio Grande has a used one at $72.
They can ask for whatever price they want, but what ultimately determines the true market value is the buyer. Why buy used while you can buy a brand new one for MSRP easily (almost no need to negotiate) and perhaps even a couple thousand off MSRP like the one at the Beverly Hills dealership.

In the long run the used IS500 price will follow the trajectory of similar models like the GS-F, RC-F etc.
Reply
Old Apr 18, 2023 | 06:22 AM
  #4  
SonicRob99's Avatar
SonicRob99
Pit Crew
 
Joined: Jul 2014
Posts: 203
Likes: 431
From: CO
Default

Originally Posted by abdrury
I’d love to know dealers are actually getting for the used IS 500’s they are selling. Assuming they sell them! I see them asking a whole bunch, but any idea what these things are actually going for?

I see LE’s in the $70’s (quite a few of them) and even now some Molten Pearls with high price tags. One dealer in CA started their used MP at $76 and is down to $69! And of course N. Park Rio Grande has a used one at $72.
Last year, when inventory scarcity was likely near its peak, there were two used LE’s in Lexington, one at Lexus dealer and the other at Hyundai. Both were listed around $70k-72k. Then again none of it made sense. We had a 2017 Honda Accord SE that we bought for $22k back in December 2016 and I sold it to Carvana this past August for $19.5k

I think things are calming down now but scarcity on a highly desired model like the IS500 will likely keep them somewhat inflated and dealers less likely to negotiate and simply waiting buyers out.
Reply
Old Apr 18, 2023 | 08:50 AM
  #5  
abdrury's Avatar
abdrury
Thread Starter
Intermediate
Liked
Loved
 
Joined: Sep 2022
Posts: 278
Likes: 253
From: KY
Default

Originally Posted by SonicRob99
Last year, when inventory scarcity was likely near its peak, there were two used LE’s in Lexington, one at Lexus dealer and the other at Hyundai.
Funny you mention the one at Hyundai. I’m in Louisville and would see that one at Cronin CDJR in Cincinnati, and looking at the Carmax it started at Cronin Hyundai in Lexington/Nicholasville.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
mauifish
LX - 4th Gen (2022-present)
17
Jan 7, 2026 05:43 AM
Zipit555
ES - 1st to 6th Gen (1990-2018)
172
Jul 10, 2017 05:24 PM
airlaird
RC F (2015-present)
19
May 23, 2017 06:14 PM
bagwell
Car Chat
8
Jul 20, 2014 01:42 PM
Alexbenz
CT 200h Model (2011-2017)
12
Jan 21, 2013 11:41 AM




All times are GMT -7. The time now is 04:25 PM.

story-0
2026 Lexus IS 350 F Sport Review: The Last of Its Kind Still Rocks

Slideshow: the 2026 IS 350 isn't all that new, and that's why we love it!

By Michael S. Palmer | 2026-06-04 14:35:23


VIEW MORE
story-1
Top 10 Most Confusing Things Lexus Has Ever Done!

Slideshow: 10 most confusing things Lexus has ever done.

By Joe Kucinski | 2026-06-04 09:40:55


VIEW MORE
story-2
2026 Lexus ES Review: Lexus Re-Embraces Founding Principles

Slideshow: Our First-Drive Review of the 2026 Lexus ES!

By Michael S. Palmer | 2026-05-29 20:30:16


VIEW MORE
story-3
10 Lexus Bargains That are Cheaper Than a New Toyota RAV4

Slideshow: 10 Lexus bargain that are cheaper than a new Toyota.

By Joe Kucinski | 2026-05-20 10:28:20


VIEW MORE
story-4
8 Weirdest Things Lexus Has Ever Built

Slideshow: From hoverboards to luxury yachts, these are the strangest projects Lexus has ever attached its badge to.

By Verdad Gallardo | 2026-05-16 11:34:36


VIEW MORE
story-5
10 Lexus Designs That Have Aged Like Fine Wine

Slideshow: Some luxury cars chase trends, but these Lexus models look better now than they did when they first rolled into showrooms.

By Verdad Gallardo | 2026-05-06 17:58:29


VIEW MORE
story-6
8 Tips for Improving Your Hybrid or Plug-in Hybrid's Efficiency!

Slideshow: How to Get the Best Fuel Economy with a Hybrid and Plug-In Hybrid!

By Michael S. Palmer | 2026-05-05 20:54:44


VIEW MORE
story-7
10 Best Lexus Models No One Remembers

Slideshow: 10 best Lexus models no one remembers.

By Joe Kucinski | 2026-05-05 17:33:28


VIEW MORE
story-8
TRD Off-Road Premium: Best 2026 4Runner, Except This One Thing

Slideshow: diving into 4Runner TRD Off-Road Premium's pricing, performance, fuel economy, features, and amenities!

By Michael S. Palmer | 2026-04-23 13:09:18


VIEW MORE
story-9
Top 10 Lexus & Toyotas to Drive Before You Die!

Slideshow: the 10 Lexus and Toyota vehicles you need to drive before you die.

By Joe Kucinski | 2026-04-23 10:34:24


VIEW MORE