Is the $42,260 price on this 2023 Lexus IS a good deal?

OAV rates this as Fair Price because the asking price of $42,260 is within the typical market range for this vehicle.

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

Comparable Lexus IS listings in IN spend an average of 38 days on dealer lots.

Where is this 2023 Lexus IS located?

This vehicle is listed in Schererville, IN 46375. VIN: JTHGZ1B23P5063193. Mileage: 22,821 miles.

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

OAV's Price-to-Market analysis estimates the fair market range is $39,998 to $48,408, based on 18 comparable listings matched to this vehicle.

2023 Lexus IS 350 F SPORT for Sale in Schererville, IN

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Vehicle Details

VINJTHGZ1B23P5063193

Trim350 F SPORT

Exterior ColorWhite

DrivetrainRWD

Engine3.5L V6

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot115

350 F SPORT

Fair Price

$42,26022,821 mi

Schererville, IN 46375

Is this 2023 Lexus IS 350 F SPORT a good deal?

OAV verdict: Fair Price

Why: Listed at $42,260, comparable market range $39,998–$48,408, based on 18 comparable listings. Days on lot: 115 days (market average 38 days).

Market price position

$42,260 · within market range

Comparable range: $39,998 – $48,408
vs. market: $2,262 above low · $6,148 below high
Comparable vehicles: 18

Market Retail Price (MRP™)

$44,203

This vehicle $42,260 · $1,943 (4%) 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™)

$44,244

This vehicle $42,260 · $1,984 (4%) below 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 14–46 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$39,998 – $48,408

Bmw Of Schererville

Schererville, IN

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

View all vehicles from bmw of schererville →

Request availability and out-the-door price

OAV will route your inquiry to Bmw Of Schererville for current availability of this 2023 Lexus IS 350 F SPORT 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: Aug 2, 2026

Listed by a franchise dealer in Schererville, IN · On lot for 115 days · VIN verifiable at NHTSA

This used 2023 Lexus IS 350 F SPORT is listed at $42,260 by bmw of schererville in Schererville, IN 46375. It has 22,821 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is White. 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 Fair Price — priced at market value. Based on 18 comparable listings matched to this vehicle, the estimated market range is $39,998 to $48,408. 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 115 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 Schererville, IN 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 (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 Schererville, IN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTHGZ1B23P5063193 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 IN

IN Market Listings

Average Price

$44,067

Price Range

$32,995–$67,079

Avg Days on Lot

Based on all 16 2021-2025 Lexus IS listings in the IN market, the average asking price is $44,067. This listing at $42,260 is $1,807 below the broader IN average (4% below the IN average). This is a wider, all-trim comparison across IN; OAV's price verdict above uses the closer comparable set. Comparable prices in IN range from $32,995 to $67,079. Similar vehicles spend an average of 38 days on dealer lots in this market.