Is the $23,998 price on this 2016 Lexus IS a good deal?

OAV rates this as Fair Price because the asking price of $23,998 is within the typical market range for this vehicle.

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

Comparable Lexus IS listings in CA spend an average of 89 days on dealer lots.

Where is this 2016 Lexus IS located?

This vehicle is listed in Murrieta, CA 92562. VIN: JTHBA1D2XG5001479. Mileage: 45,588 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 $14,500 to $26,082, based on 21 comparable listings matched to this vehicle.

2016 Lexus IS 200t for Sale in Murrieta, CA

Dealer imagery unavailable to OAVRequest current photos and confirm the vehicle's condition with the dealer.

Vehicle Details

VINJTHBA1D2XG5001479

Trim200t

Exterior ColorSilver

DrivetrainRWD

Engine2.0L I4

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot3

200t

Fair Price

$23,99845,588 mi

Murrieta, CA 92562

Is this 2016 Lexus IS 200t a good deal?

OAV verdict: Fair Price

Why: Listed at $23,998, comparable market range $14,500–$26,082, based on 21 comparable listings. Days on lot: 3 days (market average 89 days).

Market price position

$23,998 · within market range

Comparable range: $14,500 – $26,082
vs. market: $9,498 above low · $2,084 below high
Comparable vehicles: 21

Market Retail Price (MRP™)

$20,291

This vehicle $23,998 · $3,707 (18%) 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™)

$23,261

This vehicle $23,998 · $737 (3%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-12) — an estimate, not an appraisal. How TRV works.

Comparable vehicles nationally recently sold in an estimated 11–45 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.

Local Range$26,082 – $26,082

Regional Range$14,500 – $26,082

Carmax Murrieta

Murrieta, CA

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

View all vehicles from carmax murrieta →

Request availability and out-the-door price

OAV will route your inquiry to Carmax Murrieta 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: Aug 12, 2026

Listed by an independent dealer in Murrieta, CA · On lot for 3 days · VIN verifiable at NHTSA

This used 2016 Lexus IS 200t is listed at $23,998 by carmax murrieta in Murrieta, CA 92562. It has 45,588 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 Fair Price — priced at market value. Based on 21 comparable listings matched to this vehicle, the estimated market range is $14,500 to $26,082. These comparisons match year, make, and model and may currently span trims and configurations (trim-level matching is rolling out).

This vehicle has been on the lot for 3 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 Murrieta, CA 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 (currently across available trims and configurations; trim-level matching is rolling out), 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 an independent dealer in Murrieta, CA, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTHBA1D2XG5001479 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 CA

CA Market Listings

226

Average Price

$19,144

Price Range

$10,600–$36,998

Avg Days on Lot

Based on all 226 2014-2018 Lexus IS listings in the CA market, the average asking price is $19,144. This listing at $23,998 is $4,854 above the broader CA average (25% above the CA average). This is a wider, all-trim comparison across CA; OAV's price verdict above uses the closer comparable set. Comparable prices in CA range from $10,600 to $36,998. Similar vehicles spend an average of 89 days on dealer lots in this market.