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2023 Lexus IS300

1 trim · 2 configurations · Sedan

Starting MSRP

$40,085 – $42,085

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Key specifications

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Pricing

How much should you pay for the Lexus IS300? Select a trim to update purchase and lease estimates.

MSRP by trim

$40,085

Starting MSRP

Purchase information

Based on 300

Total price (300 MSRP)

$40,085

Typical monthly

$794/mo

Avg. APR

7.00%

60-month loan estimate for good credit (rates as of 2026-08-23). Not a credit offer; actual APR varies by lender, credit, and dealer.

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Compare 2023 Lexus IS300 trims

  • 300 RWD

    MSRP
    $40,085
    Fuel economy (city/hwy)
    21/31
    Horsepower
    241 hp
    Torque
    258 lb-ft
    Engine
    2L I4 gas
    Seating
    5
    Drivetrain
    RWD
    Cargo (cu ft)
    10.8
    Max towing
    —

  • 300 AWD

    MSRP
    $42,085
    Fuel economy (city/hwy)
    19/26
    Horsepower
    260 hp
    Torque
    236 lb-ft
    Engine
    3.5L V6 gas
    Seating
    5
    Drivetrain
    AWD
    Cargo (cu ft)
    10.8
    Max towing
    —

Manufacturer specifications by trim and drivetrain. Same trim names with different MSRPs are distinct FWD/AWD (or other drivetrain) configurations from the catalog. MSRP excludes destination fees, taxes, and dealer-installed options.

Full specifications

Engine & drivetrain

Engine type
300 RWDgas
300 AWDgas
Fuel type
300 RWDpremium unleaded (required)
300 AWDpremium unleaded (required)
Cylinders
300 RWDI4
300 AWDV6
Displacement
300 RWD2 L
300 AWD3.5 L
Horsepower
300 RWD241 hp
300 AWD260 hp
Torque
300 RWD258 lb-ft
300 AWD236 lb-ft
Transmission
300 RWD8-speed shiftable automatic
300 AWD6-speed shiftable automatic
Drivetrain
300 RWDrear wheel drive
300 AWDall wheel drive

Dimensions

Body type
300 RWDSedan
300 AWDSedan
Doors
300 RWD4
300 AWD4
Seating
300 RWD5
300 AWD5
Length
300 RWD185.4 in
300 AWD185.4 in
Width
300 RWD72.4 in
300 AWD72.4 in
Height
300 RWD56.5 in
300 AWD56.7 in
Wheelbase
300 RWD110.2 in
300 AWD110.2 in
Ground clearance
300 RWD5.5 in
300 AWD5.5 in

Capacity & weight

Cargo capacity
300 RWD10.8 cu ft
300 AWD10.8 cu ft
Max payload
300 RWD975 lbs
300 AWD958 lbs
Curb weight
300 RWD3,715 lbs
300 AWD3,847 lbs
Fuel tank
300 RWD17.4 gal
300 AWD17.4 gal

Fuel economy & EV

Combined MPG
300 RWD25
300 AWD22
City MPG
300 RWD21
300 AWD19
Highway MPG
300 RWD31
300 AWD26

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2023 Lexus IS300 FAQ

How much does the 2023 Lexus IS300 cost?
The 2023 Lexus IS300 has a starting MSRP of $40,085, ranging up to $42,085 for the top trim. Trim pricing includes 300 from $40,085.
What is the fuel economy of the 2023 Lexus IS300?
The 2023 Lexus IS300 achieves up to 25 MPG combined (EPA estimate), depending on trim and configuration.
How much cargo space does the 2023 Lexus IS300 have?
The 2023 Lexus IS300 offers up to 10.8 cubic feet of cargo capacity, depending on trim and seating configuration.
How many trims does the 2023 Lexus IS300 come in?
The 2023 Lexus IS300 is available in 1 trim (2 total configurations) across Sedan body styles with rear wheel drive, all wheel drive.