The 2017 Lexus IS sits at a median of $20,888 in the Canadian market right now. Most listings land between $19,980 and $22,805, so if you're staring at a number in that band, you're paying about what everyone else is. Anything under roughly $20,000 is where it starts getting interesting.
The cars changing hands have around 153,000 km on them. That's the baseline you're comparing against. A lower-odometer example should cost more, and the data puts a real number on it.
What mileage does to the price
Every extra 10,000 km knocks about $367 off. So a car with 190,000 km against one at 150,000 is running roughly $1,400 cheaper on distance alone. Useful math when a seller wants median money for a high-km car, or when a clean low-km one looks pricey until you do the subtraction.
Trim splits the pricing sharply. The Base sits at a $21,747 median, tight between $20,920 and $22,791. Predictable, easy to shop, and the value play here. The F Sport 2 runs a $24,990 median and stretches from $22,777 all the way to $29,888. That top end is a big jump, so know which flavour you're buying before you decide a price is fair.
We've flagged 8 deals on this model year in the last 90 days. Not a flood, but enough that a genuinely underpriced IS does surface if you're watching.
Price by trim
| Trim | Median price | Typical range |
|---|---|---|
| F Sport 2 | $24,990 | $22,777–$29,888 |
| Base | $21,747 | $20,920–$22,791 |
Numbers reflect live listings across Canada over the last 90 days, filtered for outliers. Data as of . Prices in CAD.