Is the $7,999 price on this 2016 Lexus IS a good deal?

OAV rates this as a Great Deal because the asking price of $7,999 is below the typical market range for this vehicle.

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

Based on 62 comparable listings in NC, the average asking price for a 2014-2018 Lexus IS is $18,908, with prices ranging from $7,999 to $31,200.

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

Comparable Lexus IS listings in NC spend an average of 58 days on dealer lots.

Where is this 2016 Lexus IS located?

This vehicle is listed in Raleigh, NC 27604. VIN: JTHCM1D22G5004887. Mileage: 145,038 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 $20,991 to $24,798, based on 16 comparable vehicles.

No Photo Available

Vehicle Details

VINJTHCM1D22G5004887

Trim300

Exterior ColorRed

Drivetrain4WD

Engine3.5L V6

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot37

2016 Lexus IS

300

Great Deal

$7,999145,038 mi

Raleigh, NC 27604

Is this 2016 Lexus IS 300 a good deal?

OAV verdict: Great Deal

Why: Listed at $7,999, comparable market range $20,991–$24,798, based on 16 comparable listings. Days on lot: 37 days (market average 58 days).

Market price position

$7,999 · $12,992 below market low

$20,991 – $24,798 comparable

Regional range: $20,991 – $24,798
vs. market low: — $12,992 (62% below)
Comparable vehicles: 16

Market Retail Price (MRP™)

$22,895

This vehicle $7,999 · $14,896 (65%) 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™)

$15,379

This vehicle $7,999 · $7,380 (48%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-25) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 11–74 days.

Verify before inquiring

This listing is priced about 62% below the lowest comparable vehicle in the regional market. Discounts at this scale frequently indicate accident damage, branded title (salvage or rebuilt), or undisclosed mechanical issues. Strongly recommend pulling a vehicle history report and inspecting listing photos carefully before inquiring.

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$20,991 – $24,798

Crown Royal Drive Llc

Raleigh, NC

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

View all vehicles from crown royal drive llc →

Request availability and out-the-door price

OAV will route your inquiry to Crown Royal Drive Llc for current availability of this 2016 Lexus IS 300 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 25, 2026

Listed by an independent dealer in Raleigh, NC · On lot for 37 days · VIN verifiable at NHTSA

This used 2016 Lexus IS 300 is listed at $7,999 by crown royal drive llc in Raleigh, NC 27604. It has 145,038 miles on the odometer. The exterior color is Red. It features a 4WD 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 16 similar vehicles in the Raleigh market, the estimated market range is $20,991 to $24,798.

This vehicle has been on the lot for 37 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 Raleigh, 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 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 an independent dealer in Raleigh, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTHCM1D22G5004887 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 NC

Comparable Vehicles

Average Price

$18,908

Price Range

$7,999–$31,200

Avg Days on Lot

Based on 62 comparable 2014-2018 Lexus IS listings in NC, the average asking price is $18,908. This listing at $7,999 is $10,909 below average (58% below market). Comparable prices in NC range from $7,999 to $31,200. Similar vehicles spend an average of 58 days on dealer lots in this market.