Real price data
What should you pay for a 2022 Lexus Is?
Original MSRP
$39,125
When new
Fair market price
$38,386
Mileage-adjusted
Below MSRP
$739
A fair used price
Where prices land
25th $35,900 · 75th $42,922 · MSRP $39,125
Spread of current 2022 Lexus Is listings · 25th–75th percentile marked.
Negotiating leverage
52
out of 100
moderate leverage
~47 days of national supply — moderate negotiating leverage.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
47days of supply
Balanced marketSupply and demand are roughly balanced for the 2022 Lexus Is.
National Market Day Supply — how long it would take to sell the current used 2022 Lexus Is inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$35,995–$37,560
Estimated dealer invoice — about $39,125 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| 300 | $33,410 | $39,125 | $35,995–$37,560 |
| 350 F SPORT | $40,252 | $45,550 | $41,906–$43,728 |
| 500 F SPORT PERFORMANCE | $64,928 | $61,000 | $56,120–$58,560 |
- 300
- $33,410
- 350 F SPORT
- $40,252
- 500 F SPORT PERFORMANCE
- $64,928
Safety & recalls
1 open NHTSA recall on record for the 2022 Lexus Is.
FUEL SYSTEM, GASOLINE:DELIVERY:FUEL PUMP
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2015-2022 Lexus RC, 2016-2020 GS, and 2022 IS vehicles. The low-pressure fuel pump inside the fuel tank may fail.
Remedy: Dealers will replace the fuel pump assembly, free of charge. Interim letters notifying owners of the safety risk were mailed June 5, 2026. Additional letters will be sent once the final remedy is available. Owners may contact Toyota's customer service at 1-800-331-4331. Toyota's numbers for this recall are 26LB05 and 26LA05.
Campaign 26V222000 · 08/04/2026
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2022 Lexus Is?
A fair, mileage-adjusted price is about $38,386, within a typical market range of $35,900 to $42,922.
Is the 2022 Lexus Is cheaper than MSRP?
Yes — its original MSRP was about $39,125, so a fair used price is roughly $739 below MSRP.
Is now a good time to buy a 2022 Lexus Is?
There are about 47 days of national market supply for the 2022 Lexus Is — Supply and demand are roughly balanced for the 2022 Lexus Is.
How much can you negotiate on a 2022 Lexus Is?
Negotiating leverage rates 52/100 (moderate). ~47 days of national supply — moderate negotiating leverage.
What does the dealer pay for a 2022 Lexus Is?
The estimated dealer cost (invoice) is roughly $35,995–$37,560 — its $39,125 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/24/2026. Estimates only; your price depends on condition, options, and location.