The Lexus IS 500 is a relatively new entrant into the high-performance sedan market, offering a naturally aspirated V8 engine in a segment increasingly dominated by turbocharged options. Understanding its model years is crucial for potential buyers seeking the best combination of performance, reliability, and features. This guide will delve into the specifics of each model year, highlighting the best choices and any potential pitfalls to avoid.
Lexus IS 500 Model Year Overview
| Model Year | Key Features & Changes | Potential Issues & Considerations |
|---|---|---|
| 2022 | Launch year, naturally aspirated 5.0L V8, RWD, Adaptive Variable Suspension, Torsen limited-slip differential, Yamaha performance dampers, unique styling elements. | Initial model year potentially subject to early production issues. Infotainment system can feel dated compared to competitors. Availability was limited. |
| 2023 | Minor updates, expanded color options, potential refinement of initial production issues. | Infotainment system still lags behind competitors. Availability can still be limited depending on region. |
| 2024 | Expected to continue with minor refinements and potential new features. | Details are still emerging, but likely to address minor criticisms from previous years. |
Detailed Explanations
2022: Launch Year
The 2022 Lexus IS 500 marked the highly anticipated arrival of a V8-powered performance sedan within the IS lineup. It boasted a naturally aspirated 5.0-liter V8 engine producing 472 horsepower and 395 lb-ft of torque, paired exclusively with rear-wheel drive. Key features included an Adaptive Variable Suspension (AVS) for enhanced handling, a Torsen limited-slip differential for improved traction, and Yamaha performance dampers to reduce body roll. Visually, it featured unique styling cues differentiating it from the standard IS, such as quad exhaust outlets, a raised hood, and distinctive badging. However, as the initial model year, potential buyers should be aware of the possibility of early production quirks or minor issues that might have been ironed out in subsequent years. Also, the Lexus infotainment system, while functional, can feel dated compared to systems in rival cars.
2023: Minor Updates
The 2023 Lexus IS 500 carried over the exhilarating performance of the 2022 model, retaining the same potent V8 engine and performance-oriented features. Updates were primarily focused on minor refinements and potentially expanded color options, both interior and exterior. It is plausible that Lexus addressed some of the minor criticisms or potential issues identified in the initial 2022 production run, resulting in a slightly more polished product. However, the core driving experience and technological features remained largely unchanged. The infotainment system remained a sticking point for some, as it didn't receive a significant upgrade. Availability also remained a concern in some markets.
2024: Expected Refinements
The 2024 Lexus IS 500 is expected to continue the legacy of its predecessors, offering a compelling blend of performance and luxury. While official details are still emerging, it's reasonable to anticipate that Lexus will address any remaining minor criticisms from the previous two years. This could include subtle improvements to the interior materials, minor tweaks to the suspension tuning, or potential enhancements to the technology package. It's also possible that new color options or special edition trims could be introduced. Potential buyers should keep an eye out for official announcements from Lexus to learn about the specific changes and upgrades for the 2024 model year. Given the limited production runs of the IS 500 thus far, it's also important to check on availability and potential dealer markups.
Frequently Asked Questions
Which Lexus IS 500 model year is the most reliable? While all model years are expected to be reliable, the 2023 and 2024 models may benefit from minor refinements addressing potential early production issues found in the 2022 model.
Does the Lexus IS 500 have any known common problems? Common complaints often revolve around the infotainment system feeling dated compared to competitors, but mechanically, the IS 500 is generally considered reliable.
Is the Lexus IS 500 a good daily driver? Yes, the IS 500 offers a comfortable ride and practical interior, making it suitable for daily driving while also providing exhilarating performance when desired.
What is the fuel economy like on the Lexus IS 500? The EPA estimates around 17 mpg city and 25 mpg highway, which is typical for a V8-powered performance sedan.
Does the Lexus IS 500 hold its value well? Due to its limited production and desirable V8 engine, the IS 500 is expected to hold its value relatively well compared to other luxury sedans.
What are the main competitors to the Lexus IS 500? The IS 500 competes with other performance sedans like the BMW M340i, Audi S4, and Cadillac CT4-V.
Is the Lexus IS 500 difficult to find? Yes, due to limited production numbers, finding a specific IS 500 model year and trim can be challenging, requiring patience and potentially expanding your search radius.
Does the IS 500 have Apple CarPlay and Android Auto? Yes, all model years of the IS 500 come standard with Apple CarPlay and Android Auto compatibility.
What is the difference between the IS 500 and the standard IS models? The IS 500 features a significantly more powerful V8 engine, upgraded suspension and brakes, unique styling elements, and performance-oriented features not available on standard IS models.
Should I wait for the 2024 model, or buy a 2022/2023 IS 500? If you prioritize the latest features and potentially refined performance, waiting for the 2024 model is advisable; however, a well-maintained 2022 or 2023 model offers excellent value and the same core driving experience.
Conclusion
The Lexus IS 500 offers a unique and appealing package for enthusiasts seeking a naturally aspirated V8 performance sedan. While the 2022 model introduced this exciting platform, the 2023 and expected 2024 models may offer slight refinements and improvements. Weighing your priorities in terms of latest features versus potential cost savings will help you determine the best IS 500 model year for your needs. Always remember to thoroughly inspect any used vehicle before purchase and consider a pre-purchase inspection by a qualified mechanic.