2016 Lexus IS 300
Vehicle Details
300
Laurel, MD 20724
Is this 2016 Lexus IS 300 a good deal?
OAV verdict: Great Deal
Why: Listed at $11,999, comparable market range $16,299–$25,794, based on 26 comparable listings. Days on lot: 1,625 days (market average 268 days).
Market price position
$11,999 · $4,300 below market low
- Comparable range
- $16,299 – $25,794
- vs. market low
- — $4,300 (26% below)
- Comparable vehicles
- 26
Market Retail Price (MRP™)
$21,047This vehicle $11,999 · $9,048 (43%) 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™)
$10,891This vehicle $11,999 · $1,108 (10%) above TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-02) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 12–80 days.
- This listing has been available about 20.3x longer than comparable vehicles typically take to sell (cohort sells in 12–80 days; this one is at 1625). Confirm its history, condition, availability, and out-the-door price before proceeding.
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.
K B Auto Group Llc
Laurel, MD
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
Request availability and out-the-door price
OAV will route your inquiry to K B Auto Group 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: Aug 2, 2026Listed by an independent dealer in Laurel, MD · On lot for 1625 days · VIN verifiable at NHTSA
This used 2016 Lexus IS 300 is listed at $11,999 by k b auto group llc in Laurel, MD 20724. It has 195,480 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Black. 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 26 comparable listings matched to this vehicle, the estimated market range is $16,299 to $25,794. 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 1625 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 Laurel, MD 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 Laurel, MD, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTHCM1D28G5013349 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 MD
MD Market Listings
22
Average Price
$19,823
Price Range
$11,752–$29,998
Avg Days on Lot
268
Based on all 22 2014-2018 Lexus IS listings in the MD market, the average asking price is $19,823. This listing at $11,999 is $7,824 below the broader MD average (39% below the MD average). This is a wider, all-trim comparison across MD; OAV's price verdict above uses the closer comparable set. Comparable prices in MD range from $11,752 to $29,998. Similar vehicles spend an average of 268 days on dealer lots in this market.
Similar Lexus IS Listings in MD
1 similar listing shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: 300 — compare trims below)