2023 Lexus IS 350 F SPORT
View this vehicle at penske automotive group →Vehicle Details
350 F SPORT
Austin, TX 78759
Is this 2023 Lexus IS 350 F SPORT a good deal?
OAV verdict: Great Deal
Why: Listed at $41,690, comparable market range $43,055–$47,588, based on 12 comparable listings. Listed 10 days.
Market price position
$41,690 · $1,365 below market low
- Comparable range
- $43,055 – $47,588
- vs. market low
- — $1,365 (3% below)
- Comparable vehicles
- 12
Market Retail Price (MRP™)
$45,322This vehicle $41,690 · $3,632 (8%) 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™)
$41,786This vehicle $41,690 · $96 (0%) below TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-09-21) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 14–53 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.
Penske Automotive Group
Austin, TX
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OAV will route your inquiry to Penske Automotive Group 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: Sep 21, 2026Listed by a franchise dealer in Austin, TX · On lot for 10 days · VIN verifiable at NHTSA
This used 2023 Lexus IS 350 F SPORT is listed at $41,690 by penske automotive group in Austin, TX 78759. It has 45,706 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 independent, evidence-backed Price-to-Market analysis rates this vehicle as a Great Deal — priced below the supported comparable range. Based on 12 comparable listings matched to this vehicle, the estimated market range is $43,055 to $47,588. These comparisons match year, make, and model, using trim where the data supports it. OAV does not adjust comparable prices for mileage — every price shown is the real advertised price. On used vehicles, mileage can still cause OAV to withhold a verdict — very high or unreliable mileage, or a lower price better explained by higher-than-typical mileage than by a genuine market discount — rather than call it a deal it can't support.
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). Verdict methodology ptm-verdict-v1 · snapshot Sep 21, 2026. The patented comparable band is the input; ptm-verdict-v1 is the versioned OAV rule set that turns it into this verdict.
Market context
This listing is part of OAV's broader Austin, TX sedans market analysis. OAV compares vehicles by local and regional price-to-market ranges and comparable count; days-on-lot and demand signals are shown separately, not as verdict inputs.
How this deal is rated
OAV compares this 2023 Lexus IS against similar vehicles currently available for sale — same make, model, and year range, using trim where the data supports it. OAV does not adjust comparable prices for mileage; on used vehicles it withholds a verdict when mileage would distort the comparison — very high or unreliable mileage, or a lower price better explained by higher-than-typical mileage than by a genuine market discount — rather than overstate a deal. Based on where this listing falls in that comparable set, it is rated:
- Great Deal — priced below the comparable-range floor by a meaningful margin (OAV's minimum-gap rule); a listing below the floor by less than that margin is Fair Price.
- 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 can surface additional verification signals, but commercial participation never changes a listing's Price-to-Market verdict, eligibility, ranking, or confidence.
How this listing is verified
This vehicle listing was aggregated from a franchise dealer in Austin, TX, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTHGZ1B26P5071837 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.
2023 Lexus IS Market in TX
TX Market Listings
375
Average Price
$42,746
Price Range
$34,509–$51,223
Avg Days on Lot
163
Based on all 375 2021-2025 Lexus IS listings in the TX market, the average asking price is $42,746. This listing at $41,690 is $1,056 below the broader TX average (2% below the TX average). This is a wider, all-trim comparison across TX; OAV's price verdict above uses the closer comparable set. Comparable prices in TX range from $34,509 to $51,223. Similar vehicles spend an average of 163 days on dealer lots in this market.
Similar Lexus IS Listings in TX
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: 350 F SPORT — compare trims below)
This is a broad, statewide same-model set (any trim, mileage, or title) — not the qualified comparable cohort behind the verdict above; lower prices here typically reflect a different trim, higher mileage, or a branded title.
2021 Lexus IS
350 F SPORT
Garland, TX
2022 Lexus IS
350 F SPORT
Houston, TX
2021 Lexus IS
350 F SPORT
Plano, TX
2021 Lexus IS
300
Dallas, TX
2025 Lexus IS
350 F SPORT DESIGN
Grand Prairie, TX
2021 Lexus IS
300
Houston, TX
2023 Lexus IS
300
Fort Worth, TX
2021 Lexus IS
300
Dallas, TX