Is the $50,239 price on this 2023 Lexus IS a good deal?

OAV rates this as Overpriced because the asking price of $50,239 is above the typical market range for this vehicle.

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

Based on 338 comparable listings in VA, the average asking price for a 2021-2025 Lexus IS is $46,331, with prices ranging from $19,995 to $80,489.

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

Comparable Lexus IS listings in VA spend an average of 42 days on dealer lots.

Where is this 2023 Lexus IS located?

This vehicle is listed in Fredericksburg, VA 22406. VIN: JTHGZ1B26P5069540. Mileage: 15,582 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 $39,895 to $47,889, based on 43 comparable vehicles.

No Photo Available

Vehicle Details

VINJTHGZ1B26P5069540

Trim350 F SPORT

Exterior ColorBlack

DrivetrainRWD

Engine3.5L V6

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot30

2023 Lexus IS

350 F SPORT

Overpriced

$50,23915,582 mi

Fredericksburg, VA 22406

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

OAV verdict: Overpriced

Why: Listed at $50,239, comparable market range $39,895–$47,889, based on 43 comparable listings. Days on lot: 30 days (market average 42 days).

Market price position

$50,239 · $2,350 above market high

$39,895comparable$47,889

Regional range: $39,895 – $47,889
vs. market high: + $2,350 (5% above)
Comparable vehicles: 43

Market Retail Price (MRP™)

$43,892

This vehicle $50,239 · $6,347 (14%) above 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™)

$45,132

This vehicle $50,239 · $5,107 (11%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-24) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

High Demand

Similar vehicles recently sold in an estimated 2–26 days.

What does Demand-Verified mean?

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Local Range$47,889 – $47,889

Regional Range$39,895 – $47,889

Pohanka Honda Of Fredericksburg

Fredericksburg, VA

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

View all vehicles from pohanka honda of fredericksburg →

Request availability and out-the-door price

OAV will route your inquiry to Pohanka Honda Of Fredericksburg 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: Jul 24, 2026

Listed by a franchise dealer in Fredericksburg, VA · On lot for 30 days · VIN verifiable at NHTSA

This used 2023 Lexus IS 350 F SPORT is listed at $50,239 by pohanka honda of fredericksburg in Fredericksburg, VA 22406. It has 15,582 miles on the odometer. The exterior color is Black. 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 Overpriced — priced above market value. Based on 43 similar vehicles in the Fredericksburg market, the estimated market range is $39,895 to $47,889. The local market range in VA is $47,889 to $47,889.

This vehicle has been on the lot for 30 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 Fredericksburg, VA 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 Fredericksburg, VA, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTHGZ1B26P5069540 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 updated daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2023 Lexus IS Market in VA

Comparable Vehicles

338

Average Price

$46,331

Price Range

$19,995–$80,489

Avg Days on Lot

Based on 338 comparable 2021-2025 Lexus IS listings in VA, the average asking price is $46,331. This listing at $50,239 is $3,908 above average (8% above market). Comparable prices in VA range from $19,995 to $80,489. Similar vehicles spend an average of 42 days on dealer lots in this market.