Is the $40,635 price on this 2023 Lexus IS a good deal?

OAV rates this as Fair Price because the asking price of $40,635 is within the typical market range for this vehicle.

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

Based on 75 comparable listings in NJ, the average asking price for a 2021-2025 Lexus IS is $44,273, with prices ranging from $28,994 to $76,501.

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

Comparable Lexus IS listings in NJ spend an average of 34 days on dealer lots.

Where is this 2023 Lexus IS located?

This vehicle is listed in Little Falls, NJ 07424. VIN: JTHGZ1E26P5030474. Mileage: 40,802 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 $37,292 to $48,976, based on 66 comparable vehicles.

No Photo Available

Vehicle Details

VINJTHGZ1E26P5030474

Trim350 F SPORT

Exterior ColorRed

Drivetrain4WD

Engine3.5L V6

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot17

2023 Lexus IS

350 F SPORT

Fair Price

$40,63540,802 mi

Little Falls, NJ 07424

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

OAV verdict: Fair Price

Why: Listed at $40,635, comparable market range $37,292–$48,976, based on 66 comparable listings. Days on lot: 17 days (market average 34 days).

Market price position

$40,635 · within market range

$37,292comparable$48,976

Regional range: $37,292 – $48,976
vs. market: $3,343 above low · $8,341 below high
Comparable vehicles: 66

Market Retail Price (MRP™)

$43,134

This vehicle $40,635 · $2,499 (6%) 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™)

$42,361

This vehicle $40,635 · $1,726 (4%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-27) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 14–44 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$37,292 – $48,976

Toyota Universe

Little Falls, NJ

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 Toyota Universe 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 27, 2026

Listed by a franchise dealer in Little Falls, NJ · On lot for 17 days · VIN verifiable at NHTSA

This used 2023 Lexus IS 350 F SPORT is listed at $40,635 by toyota universe in Little Falls, NJ 07424. It has 40,802 miles on the odometer. The exterior color is Red. 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 Fair Price — priced at market value. Based on 66 similar vehicles in the Little Falls market, the estimated market range is $37,292 to $48,976.

This vehicle has been on the lot for 17 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 Little Falls, NJ 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 Little Falls, NJ, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTHGZ1E26P5030474 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 NJ

Comparable Vehicles

Average Price

$44,273

Price Range

$28,994–$76,501

Avg Days on Lot

Based on 75 comparable 2021-2025 Lexus IS listings in NJ, the average asking price is $44,273. This listing at $40,635 is $3,638 below average (8% below market). Comparable prices in NJ range from $28,994 to $76,501. Similar vehicles spend an average of 34 days on dealer lots in this market.