Is the $24,680 price on this 2016 Lexus IS a good deal?

OAV rates this as Overpriced because the asking price of $24,680 is above the typical market range for this vehicle.

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

Based on 137 comparable listings in TX, the average asking price for a 2014-2018 Lexus IS is $18,421, with prices ranging from $8,420 to $39,688.

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

Comparable Lexus IS listings in TX spend an average of 76 days on dealer lots.

Where is this 2016 Lexus IS located?

This vehicle is listed in Houston, TX 77024. VIN: JTHBA1D22G5012640. Mileage: 56,408 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 $12,598 to $21,995, based on 13 comparable vehicles.

2016 Lexus IS 200t for Sale in Houston, TX

No Photo Available

Vehicle Details

VINJTHBA1D22G5012640

Trim200t

Exterior ColorSilver

DrivetrainRWD

Engine2.0L I4

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot12

200t

Overpriced

$24,68056,408 mi

Houston, TX 77024

Is this 2016 Lexus IS 200t a good deal?

OAV verdict: Overpriced

Why: Listed at $24,680, comparable market range $12,598–$21,995, based on 13 comparable listings. Days on lot: 12 days (market average 76 days).

Market price position

$24,680 · $2,685 above market high

Regional range: $12,598 – $21,995
vs. market high: + $2,685 (12% above)
Comparable vehicles: 13

Market Retail Price (MRP™)

$17,297

This vehicle $24,680 · $7,383 (43%) above MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$21,448

This vehicle $24,680 · $3,232 (15%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-29) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 12–45 days.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Regional Range$12,598 – $21,995

Group 1 Automotive

Houston, TX

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from group 1 automotive →

Request availability and out-the-door price

OAV will route your inquiry to Group 1 Automotive for current availability of this 2016 Lexus IS 200t and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2016 Lexus IS

Listing updated: Jul 28, 2026

Listed by a franchise dealer in Houston, TX · On lot for 12 days · VIN verifiable at NHTSA

This used 2016 Lexus IS 200t is listed at $24,680 by group 1 automotive in Houston, TX 77024. It has 56,408 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Silver. 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 Overpriced — priced above market value. Based on 13 similar vehicles in the Houston market, the estimated market range is $12,598 to $21,995.

This vehicle has been on the lot for 12 days.

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

Market context

This listing is part of OAV's broader Houston, TX sedans market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

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.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Houston, TX, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTHBA1D22G5012640 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 processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Lexus IS Market in TX

Comparable Vehicles

137

Average Price

$18,421

Price Range

$8,420–$39,688

Avg Days on Lot

Based on 137 comparable 2014-2018 Lexus IS listings in TX, the average asking price is $18,421. This listing at $24,680 is $6,259 above average (34% above market). Comparable prices in TX range from $8,420 to $39,688. Similar vehicles spend an average of 76 days on dealer lots in this market.