Is the $33,083 price on this 2023 Lexus IS a good deal?

OAV rates this as Fair Price because the asking price of $33,083 is within the typical market range for this vehicle.

What is the average price for a 2023 Lexus IS in CA?

Based on 354 comparable listings in CA, the average asking price for a 2021-2025 Lexus IS is $43,103, with prices ranging from $24,995 to $79,988.

How long does a 2023 Lexus IS typically stay on dealer lots?

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

Where is this 2023 Lexus IS located?

This vehicle is listed in Cerritos, CA 90703. VIN: JTHDA1D29P5123484. Mileage: mileage not reported.

What is the fair market price range for this 2023 Lexus IS?

OAV's Price-to-Market analysis estimates the fair market range is $29,477 to $40,073, based on 40 comparable vehicles.

No Photo Available

Vehicle Details

VINJTHDA1D29P5123484

Trim300

Exterior ColorGray

DrivetrainRWD

Engine2.0L I4

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot10

2023 Lexus IS

300

Fair Price

$33,083Mileage not verified

Cerritos, CA 90703

Is this 2023 Lexus IS 300 a good deal?

OAV verdict: Fair Price

Why: Listed at $33,083, comparable market range $29,477–$40,073, based on 40 comparable listings. Days on lot: 10 days (market average 76 days).

Market price position

$33,083 · within market range

$29,477comparable$40,073

Regional range: $29,477 – $40,073
vs. market: $3,606 above low · $6,990 below high
Comparable vehicles: 40

Market Retail Price (MRP™)

$34,775

This vehicle $33,083 · $1,692 (5%) 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™)

$36,995

This vehicle $33,083 · $3,912 (11%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-26) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 13–45 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$29,477 – $40,073

Cerritos Auto Square

Cerritos, CA

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

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Request availability and out-the-door price

OAV will route your inquiry to Cerritos Auto Square for current availability of this 2023 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 2023 Lexus IS

Listing updated: Jul 26, 2026

Listed by a franchise dealer in Cerritos, CA · On lot for 10 days · VIN verifiable at NHTSA

This used 2023 Lexus IS 300 is listed at $33,083 by cerritos auto square in Cerritos, CA 90703. The exterior color is Gray. 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 40 similar vehicles in the Cerritos market, the estimated market range is $29,477 to $40,073.

This vehicle has been on the lot for 10 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 Cerritos, 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 2023 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 Cerritos, CA, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTHDA1D29P5123484 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.

2023 Lexus IS Market in CA

Comparable Vehicles

354

Average Price

$43,103

Price Range

$24,995–$79,988

Avg Days on Lot

Based on 354 comparable 2021-2025 Lexus IS listings in CA, the average asking price is $43,103. This listing at $33,083 is $10,020 below average (23% below market). Comparable prices in CA range from $24,995 to $79,988. Similar vehicles spend an average of 76 days on dealer lots in this market.