Is the $42,084 price on this 2024 Lexus IS a good deal?

OAV rates this as a Great Deal because the asking price of $42,084 is below the typical market range for this vehicle.

How long does a 2024 Lexus IS typically stay on dealer lots?

Comparable Lexus IS listings in NC spend an average of 34 days on dealer lots.

Where is this 2024 Lexus IS located?

This vehicle is listed in Cary, NC 27511. VIN: JTHBZ1B24R5082266. Mileage: 21,533 miles.

What is the fair market price range for this 2024 Lexus IS?

OAV's Price-to-Market analysis estimates the fair market range is $42,999 to $48,503, based on 48 comparable listings matched to this vehicle.

2024 Lexus IS 350 F SPORT DESIGN for Sale in Cary, NC

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Vehicle Details

VINJTHBZ1B24R5082266

Trim350 F SPORT DESIGN

DrivetrainRWD

Engine3.5L V6

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot23

350 F SPORT DESIGN

Great Deal

$42,08421,533 mi

Cary, NC 27511

Is this 2024 Lexus IS 350 F SPORT DESIGN a good deal?

OAV verdict: Great Deal

Why: Listed at $42,084, comparable market range $42,999–$48,503, based on 48 comparable listings. Days on lot: 23 days (market average 34 days).

Market price position

$42,084 · $915 below market low

Comparable range: $42,999 – $48,503
vs. market low: — $915 (2% below)
Comparable vehicles: 48

Market Retail Price (MRP™)

$45,751

This vehicle $42,084 · $3,667 (8%) below 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™)

$44,148

This vehicle $42,084 · $2,064 (5%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-10) — an estimate, not an appraisal. How TRV works.

Comparable vehicles nationally recently sold in an estimated 13–48 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$48,496 – $48,496

Regional Range$42,999 – $48,503

Johnson Alfa Romeo Of Cary

Cary, NC

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

View all vehicles from johnson alfa romeo of cary →

Request availability and out-the-door price

OAV will route your inquiry to Johnson Alfa Romeo Of Cary for current availability of this 2024 Lexus IS 350 F SPORT DESIGN 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 2024 Lexus IS

Listing updated: Aug 9, 2026

Listed by a franchise dealer in Cary, NC · On lot for 23 days · VIN verifiable at NHTSA

This used 2024 Lexus IS 350 F SPORT DESIGN is listed at $42,084 by johnson alfa romeo of cary in Cary, NC 27511. It has 21,533 miles on the odometer (dealer-reported, not independently verified by OAV). It features a RWD drivetrain with a 3.5L V6 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 48 comparable listings matched to this vehicle, the estimated market range is $42,999 to $48,503. 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 23 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 Cary, NC 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 2024 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 a franchise dealer in Cary, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTHBZ1B24R5082266 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.

2024 Lexus IS Market in NC

NC Market Listings

375

Average Price

$52,092

Price Range

$27,501–$68,995

Avg Days on Lot

Based on all 375 2022-2026 Lexus IS listings in the NC market, the average asking price is $52,092. This listing at $42,084 is $10,008 below the broader NC average (19% below the NC average). This is a wider, all-trim comparison across NC; OAV's price verdict above uses the closer comparable set. Comparable prices in NC range from $27,501 to $68,995. Similar vehicles spend an average of 34 days on dealer lots in this market.