Is the $12,995 price on this 2016 Lexus IS a good deal?

OAV rates this as a Great Deal because the asking price of $12,995 is below the typical market range for this vehicle.

What is the average price for a 2016 Lexus IS in TX?

Based on 410 comparable listings in TX, the average asking price for a 2014-2018 Lexus IS is $19,084, with prices ranging from $5,500 to $34,489.

How long does a 2016 Lexus IS typically stay on dealer lots?

Comparable Lexus IS listings in TX spend an average of 37 days on dealer lots.

Where is this 2016 Lexus IS located?

This vehicle is listed in Plano, TX 75074. VIN: JTHBA1D22G5008362. Mileage: 143,203 miles.

What is the fair market price range for this 2016 Lexus IS?

OAV's Price-to-Market analysis estimates the fair market range is $12,998 to $20,216, based on 16 comparable vehicles.

Vehicle Details

VINJTHBA1D22G5008362

Trim200t

Exterior ColorBlack

DrivetrainRWD

Engine2.0L I4

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot97

Days on Market422

2016 Lexus IS

200t

Great Deal

$12,995143,203 miles

Plano, TX 75074

Market price position

Lowest comparable ($)

12,998

Highest comparable ($)

20,216

This vehicle's price ($)

12,995

$12,995 · $3 below market low

$12,998comparable$20,216

Regional range: $12,998 – $20,216
vs. market low: — $3 (0% below)
Comparable vehicles: 16

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 7–56 days.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Local Range$19,998 – $19,998

Regional Range$12,998 – $20,216

Dealer Info

Hidden

Plano, TX

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About This 2016 Lexus IS

Listing updated: May 5, 2026

Listed by an independent dealer in Plano, TX · On lot for 97 days · VIN verifiable at NHTSA

This used 2016 Lexus IS 200t is listed at $12,995 by an independent dealer in Plano, TX 75074. It has 143,203 miles on the odometer. The exterior color is Black. It features a RWD drivetrain with a 2.0L I4 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as a Great Deal — priced below market value. Based on 16 similar vehicles in the Plano market, the estimated market range is $12,998 to $20,216. The local market range in TX is $19,998 to $19,998.

This vehicle has been on the lot for 97 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

How this deal is rated

OAV compares this 2016 Lexus IS against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in Plano, TX, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTHBA1D22G5008362 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Lexus IS Market in TX

Comparable Vehicles

410

Average Price

$19,084

Price Range

$5,500–$34,489

Avg Days on Lot

Based on 410 comparable 2014-2018 Lexus IS listings in TX, the average asking price is $19,084. This listing at $12,995 is $6,089 below average (32% below market). Comparable prices in TX range from $5,500 to $34,489. Similar vehicles spend an average of 37 days on dealer lots in this market.