How much does the 2023 Lexus IS500 cost?

The 2023 Lexus IS500 has a starting MSRP of $58,270, ranging up to $62,770 for the top trim. Trim pricing includes 500 F SPORT Performance from $58,270; 500 F SPORT Performance Premium from $62,770.

What is the fuel economy of the 2023 Lexus IS500?

The 2023 Lexus IS500 achieves up to 20 MPG combined (EPA estimate), depending on trim and configuration.

How much cargo space does the 2023 Lexus IS500 have?

The 2023 Lexus IS500 offers up to 10.8 cubic feet of cargo capacity, depending on trim and seating configuration.

How many trims does the 2023 Lexus IS500 come in?

The 2023 Lexus IS500 is available in 2 trims across Sedan body styles with rear wheel drive.

2023 Lexus IS500

2 trims · Sedan

Starting MSRP

$58,270 – $62,770

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Pricing

How much should you pay for the Lexus IS500? Select a trim to update purchase and lease estimates.

MSRP by trim

Select a trim to update the payment estimates. MSRP is for each trim's base configuration and excludes destination, taxes, and options.

Purchase information

Based on 500 F SPORT Performance

Total price (500 F SPORT Performance MSRP)

$58,270

Typical monthly

$1,154/mo

Avg. APR

7.00%

60-month loan estimate for good credit (rates as of 2026-07-11). Not a credit offer; actual APR varies by lender, credit, and dealer.

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Compare 2023 Lexus IS500 trims

500 F SPORT Performance
MSRP
$58,270
Fuel economy (city/hwy)
17/25
Horsepower
472 hp
Torque
395 lb-ft
Engine
5L V8 gas
Seating
5
Drivetrain
RWD
Cargo (cu ft)
10.8
Max towing
—
500 F SPORT Performance Premium
MSRP
$62,770
Fuel economy (city/hwy)
17/25
Horsepower
472 hp
Torque
395 lb-ft
Engine
5L V8 gas
Seating
5
Drivetrain
RWD
Cargo (cu ft)
10.8
Max towing
—

Compare 2023 Lexus IS500 trim specifications
Spec	500 F SPORT Performance	500 F SPORT Performance Premium
MSRP	$58,270	$62,770
Fuel economy (city/hwy)	17/25	17/25
Horsepower	472 hp	472 hp
Torque	395 lb-ft	395 lb-ft
Engine	5L V8 gas	5L V8 gas
Seating	5	5
Drivetrain	RWD	RWD
Cargo (cu ft)	10.8	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: 500 F SPORT Performancegas
500 F SPORT Performance Premiumgas
Fuel type: 500 F SPORT Performancepremium unleaded (required)
500 F SPORT Performance Premiumpremium unleaded (required)
Cylinders: 500 F SPORT PerformanceV8
500 F SPORT Performance PremiumV8
Displacement: 500 F SPORT Performance5 L
500 F SPORT Performance Premium5 L
Horsepower: 500 F SPORT Performance472 hp
500 F SPORT Performance Premium472 hp
Torque: 500 F SPORT Performance395 lb-ft
500 F SPORT Performance Premium395 lb-ft
Transmission: 500 F SPORT Performance8-speed shiftable automatic
500 F SPORT Performance Premium8-speed shiftable automatic
Drivetrain: 500 F SPORT Performancerear wheel drive
500 F SPORT Performance Premiumrear wheel drive

Dimensions

Body type: 500 F SPORT PerformanceSedan
500 F SPORT Performance PremiumSedan
Doors: 500 F SPORT Performance4
500 F SPORT Performance Premium4
Seating: 500 F SPORT Performance5
500 F SPORT Performance Premium5
Length: 500 F SPORT Performance187.3 in
500 F SPORT Performance Premium187.3 in
Width: 500 F SPORT Performance72.4 in
500 F SPORT Performance Premium72.4 in
Height: 500 F SPORT Performance56.5 in
500 F SPORT Performance Premium56.5 in
Wheelbase: 500 F SPORT Performance110.2 in
500 F SPORT Performance Premium110.2 in
Ground clearance: 500 F SPORT Performance5.5 in
500 F SPORT Performance Premium5.5 in

Capacity & weight

Cargo capacity: 500 F SPORT Performance10.8 cu ft
500 F SPORT Performance Premium10.8 cu ft
Max payload: 500 F SPORT Performance926 lbs
500 F SPORT Performance Premium926 lbs
Curb weight: 500 F SPORT Performance3,891 lbs
500 F SPORT Performance Premium3,891 lbs
Fuel tank: 500 F SPORT Performance17.4 gal
500 F SPORT Performance Premium17.4 gal

Fuel economy & EV

Combined MPG: 500 F SPORT Performance20
500 F SPORT Performance Premium20
City MPG: 500 F SPORT Performance17
500 F SPORT Performance Premium17
Highway MPG: 500 F SPORT Performance25
500 F SPORT Performance Premium25

Full specifications by trim
Spec	500 F SPORT Performance	500 F SPORT Performance Premium
Engine & drivetrain
Engine type	gas	gas
Fuel type	premium unleaded (required)	premium unleaded (required)
Cylinders	V8	V8
Displacement	5 L	5 L
Horsepower	472 hp	472 hp
Torque	395 lb-ft	395 lb-ft
Transmission	8-speed shiftable automatic	8-speed shiftable automatic
Drivetrain	rear wheel drive	rear wheel drive
Dimensions
Body type	Sedan	Sedan
Doors	4	4
Seating	5	5
Length	187.3 in	187.3 in
Width	72.4 in	72.4 in
Height	56.5 in	56.5 in
Wheelbase	110.2 in	110.2 in
Ground clearance	5.5 in	5.5 in
Capacity & weight
Cargo capacity	10.8 cu ft	10.8 cu ft
Max payload	926 lbs	926 lbs
Curb weight	3,891 lbs	3,891 lbs
Fuel tank	17.4 gal	17.4 gal
Fuel economy & EV
Combined MPG	20	20
City MPG	17	17
Highway MPG	25	25