James Wong
2021 Lexus IS price and specs
The 'reimagined' Lexus IS line-up will arrive in Australia from November 6, with prices starting at $61,500 before on-road costs.
5 Years Ago
About the Lexus IS
Last updated Sep 26, 2025The new Lexus IS is a Medium Luxury offered in a 4D Sedan body style. Available in Australia from $60,500 (MLRP, excl. on-roads) for the Luxury variant and topping out at $82,388 for the Sports Luxury.
There are 4 variants of the IS available in Australia and this generation went on sale in March of 2020.
Engine options include 2.0L turbo gasoline direct injection & multi-point (180kW/350Nm), 3.5L gasoline direct injection & multi-point (232kW/380Nm) and 2.5L petrol direct injection (164kW/221Nm). Available with 8-speed automatic or variable sp automatic transmissions. All variants feature rear-wheel drive.
The new 2020 IS is offered with a 4 year, 100,000 km warranty.
CarExpert Rating
Very Good
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Comparative Rating
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Power to Weight
95.35 - 137.69 kW/t
72.61 kW/t
261.04 kW/t
Boot Space
450 - 480 litres
300 litres
804 litres
Fuel Efficiency
4.9 - 9.5 L/100km
2 L/100km
10.7 L/100km
Vehicle Range
695 - 1,347 km
573 km
1,347 km
Price
$60,500 - $82,388
$54,990
$171,000
Warranty (Years)
4 years
3 years
5 years
Warranty (Distance)
100,000 km
80,000 km
Unlimited
Service Interval
12 months
12 months
Towing & Off-Road Capability
Gross Vehicle Weight
2,125 - 2,145 kg
1,950 kg
2,720 kg
Braked Towing Capacity
1,500 kg
1,400 kg
2,100 kg
Ground Clearance Unladen
135 mm
104 mm
173 mm
Lexus IS News
2020 Lexus IS Price
Luxury
| Configuration | Price From* |
|---|---|
| 2.5L, variable sp auto, 4-door Sedan, Petrol, RWD | $63,500 |
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | $60,500 |
| 3.5L, 8-speed auto, 4-door Sedan, Petrol, RWD | $66,500 |
Black Line Special Edition
| Configuration | Price From* |
|---|---|
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | $69,707 |
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | $69,775 |
| 3.5L, 8-speed auto, 4-door Sedan, Petrol, RWD | $75,522 |
| 3.5L, 8-speed auto, 4-door Sedan, Petrol, RWD | $75,136 |
F Sport
| Configuration | Price From* |
|---|---|
| 2.5L, variable sp auto, 4-door Sedan, Petrol, RWD | $72,000 |
| 3.5L, 8-speed auto, 4-door Sedan, Petrol, RWD | $73,636 |
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | $68,275 |
Sports Luxury
| Configuration | Price From* |
|---|---|
| 2.5L, variable sp auto, 4-door Sedan, Petrol, RWD | $82,388 |
*excl. on-roads
All Lexus IS Pricing
2020 Lexus IS Gallery
CarExpert High Resolution Photos of the Lexus IS
2020 Lexus IS Fuel Economy
There are 3 different fuel economy figures for the Lexus IS
The most fuel efficient Lexus IS is the F Sport with a Variable SP AUTOMATIC which is powered by a 2.5L Petrol Direct Injection and uses 4.9L of Premium Unleaded per 100km on the combined cycle.
The Lexus IS that uses the most amount of fuel is the Luxury with a 8-speed Automatic which is powered by a 3.5L Gasoline Direct Injection & Multi-Point and uses 9.5L of Premium Unleaded per 100km on the combined rural and urban test cycle.
| Lexus IS | Fuel Type | Combined |
|---|---|---|
| 2.5L, variable sp auto, 4-door Sedan, Petrol, RWD | Premium Unleaded | 4.9 L/100km |
| 2.0L, 8-speed auto, 4-door Sedan, Petrol, RWD | Premium Unleaded | 7.5 L/100km |
| 3.5L, 8-speed auto, 4-door Sedan, Petrol, RWD | Premium Unleaded | 9.5 L/100km |
Cost of ownership
What are the running and servicing costs of a Lexus IS?
The Lexus IS has a recommended service interval of 12 months or 15,000 km, whichever comes first.
2020 Lexus IS Warranty
What is the warranty on a Lexus IS?
The Lexus IS offers a 4 year 100,000 km limit warranty. This is separate to the warranty on offer under Australian Consumer Law which can be greater for certain parts based on what is deemed as a reasonable period of time.
Lexus IS FAQs
The cheapest Lexus IS is the Luxury that starts from $60,500.
The most expensive Lexus IS is the Sports Luxury that starts from $82,388.
The best towing capacity of a Lexus IS is 1500 kg offered by the following variants: Luxury, F Sport and Black Line Special Edition.
The largest Lexus IS is the Luxury which measures 1810mm wide, 4680mm in length and sits 1430mm tall.
The most powerful Lexus IS is the Luxury which has 232kW of power from its 3.5L Gasoline Direct Injection & Multi-Point engine.
The Lexus IS is built in Japan and shipped to Australia.
The heaviest Lexus IS is the Luxury which weighs 2145 kg (kerb weight).
The Lexus IS uses Premium Unleaded.