Overview & Reviews

For years people associated Lexus with quiet, refined and luxurious automobiles backed by a competitive pricing strategy. "Sporty," however, was far from anyone's mind. Then, in 2001, the Lexus IS 300 sport sedan came along and toppled that image. Lexus wanted this one to be an extrovert and an athlete. With every throttle input and every turn of the steering wheel, this compact, rear-wheel-drive sedan sought to communicate with its driver. With its firmly tuned suspension and sticky high-performance tires, it had the running gear to back up those aspirations.

It also had the styling. One look at its wedge shape, clear-lens taillights and dramatic color palette, and it was obvious this sedan was intended for a younger, more trend-conscious buyer than other Lexus models. A sport wagon version called the IS 300 SportCross was added for 2002, and although it offered a little more utility, outward aesthetics still took precedence over function.

Inside, the compact Lexus IS 300 looked and felt different, too, thanks to its racy watch-dial-style instrumentation, drilled aluminum pedals and chrome shifter ball. By no means was this an elegant cabin, though. Hard plastic covered the dash and console, and feature content never quite measured up to the standards of the class. This half-hearted approach to luxury was the major criticism leveled against the IS 300 during its five-year run.

Although imperfect, the Lexus IS 300 and IS 300 SportCross did get the attention of younger, more performance-minded consumers, which set the stage for their carefully executed successors, the IS 250 and IS 350.

Most recent Lexus IS 300

Based on the Japanese-market Toyota Altezza, the Lexus IS 300 was not originally designed to be a luxury car. When the automaker decided to sell a version of this compact, rear-drive sedan in the U.S., it was retrofitted with additional luxury content and a larger engine -- the 3.0-liter inline six-cylinder already used in the midsize Lexus GS 300 sedan.

This 3.0-liter six was capable of 215 horsepower and 218 pound-feet of torque, and paired with a five-speed automatic transmission. Although this drivetrain propelled the IS 300 to 60 mph in the low 7-second range, a small but vocal niche of consumers and automotive writers cried foul when Lexus initially failed to offer a manual transmission. The company rectified this oversight in 2002, adding a five-speed manual gearbox option for the sedan. The IS 300 SportCross wagon, which also debuted for '02, was automatic only.

In road tests of the Lexus IS 300 sedan and wagon, our editors noted that their stiff body structures allowed Lexus to tune their double-wishbone suspensions for sharp handling without making the ride too stiff for commuters. "But the IS 300 is a car that needs to be exercised regularly," we wrote at the time. "Well balanced due to its rear-wheel-drive layout, it's an easy car to pilot aggressively, thanks to the responsive steering and braking, nimble size, excellent driving position and 3,280-pound curb weight. The steering isn't quite as precise as a BMW's, but it's close. Very close."

Inside, the IS 300's not-so-upscale cabin was snug, even by the indulgent standards of the premium compact car class. Tight legroom and narrow footwells made it difficult for adults to get comfortable in back, and storage space was minimal. Of the two body styles, the SportCross wagon was the more practical choice, thanks to its 21.8-cubic-foot cargo bay.

Past Lexus IS 300 Models

As a used car choice, the IS 300 makes a lot of sense. Sold from 2001-'05, it hasn't held its value as well as competitors like the Audi A4, BMW 3 Series, Infiniti G35 and Mercedes-Benz C-Class, but it offers equal or better performance in most areas. Build quality was always above average on the IS, and reliability is consistent with Toyota's typically strong reputation.

First-year Lexus IS 300 sedans were light on content, so it might be a good idea to confine your search to 2002 and newer models. Side curtain airbags, stability control, auto-dimming mirrors and a center armrest were all added to the standard equipment list for '02, while full leather seating and a navigation system became optional. Notably, stability control was only available on models with the automatic transmission. Changes were minimal in the years following.

Despite all the fuss the enthusiast crowd made about the manual-transmission option, manual-shift IS 300 sedans are rare commodities on the used car market, as the vast majority were sold with automatics.

User Reviews:

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  So far, soooo good! - 2002 Lexus IS 300
  By jockoB - April 2 - 10:00 am

  A blast to drive. Could be a little roomier, but I can still squeeze in the rear facing infant car seat. It is more sport than sedan. AGAIN, a blast to drive.

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  Reliable - 2003 Lexus IS 300
  By compcond - March 15 - 2:00 am

  I still miss my A4. 98 Avant with 49,000 miles. $5,700 in repair bills (not including cat) during years 4 and 5. No accidents, all maintenance and repairs done by Audi dealers. Car needed ECM #3 and had Check Engine light when I traded it in... and I still miss it. The IS strives to be a German car... its not. Its a great handling, super reliable, fun to drive, really nice Toyota.

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  is300 is amazing - 2001 Lexus IS 300
  By 4churchill - March 3 - 10:00 am

  THE IS300 IS GREAT, COULD USE MAYBE A TAD BIT MORE POWER, AND AN ARM REST FOR SRONT PASSENGERS, OTHER THEN THAT THE CAR IS AWSOME

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  Still in Love after 5k miles - 2004 Lexus IS 300
  By TexISportX - February 25 - 2:00 am

  I looked for 2 years before deciding on this car and I know I made the right choice. I just had the 5k scheduled service performed and when I was on my way to pick it up I found myself getting excited about getting it back. The Sportcross is an absolute pleasure to drive.

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  One of the best cars I own - 2005 Lexus IS 300
  By leonstark - February 13 - 11:19 am

  By far one of the best cars I have owned in the past 10 years! when i bought the car I didnt think it was better than the 330Ci but i gotta say its just like it but better than it in some ways! i love my bimmer but i gotta say although this car was released a year ahead of e46 bimmers it did a good job competing against them. =D

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  Stylish, sporty, stellar - 2001 Lexus IS 300
  By jstxlr8 - February 1 - 2:00 pm

  I have liked the IS since it came out and was thrilled to be able to buy one 2 years ago. In two years, I have had no complaints, just a lot of compliments and a lot of fun. Id rather have this car used for the 20,000 I bought it for than any new car on the road for the same price. I drive my cars pretty hard, and this has been one of my favorites..have had a Prelude, Maxima, and Probe GT, but the IS spanks em all. I do use the E shift alot, makes for a more fun driving experience, especially with the traction control off... it tends to kick in early sometimes, which is fine if Im not having a little fun with the car. Great luxo-sport car, that acts like and even looks like a coupe.

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  Thank God i bought a 5 speed - 2004 Lexus IS 300
  By RJ Rafael - January 8 - 3:36 pm

  I know this sound generic but "I love my car!" this was my first new car and it is still my daily driver. I currently have 88,090 miles and I am still running on the original front brakes, clutch, belts & shocks! Driving stick really extends the life of your car. Only had to replace 1 bad shock, the battery, rear brakes and everything else is from 2004. About to change the timing belt, water pump, etc. but Im almost at 90,000 miles so my is 300 has done me proud. You expect quality and reliability from Lexus/Toyota and they delivered. Mine is is so much fun to drive, its quick around corners and the ride is very smooth. The transmission is the smoothest I have ever driven.

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  Great Car~!!! - 2004 Lexus IS 300
  By Jacob Lim - January 7 - 2:00 am

  I have some friends who own BMW 325i and Audi 1.8 quatro. I am sure they are good cars,too. but then their major issue is reliability. I think BMW is worse than Audi. Definitely I enjoy driving my car and look as well~

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  Cooler looking and same $$ as Camry - 2003 Lexus IS 300
  By bgk - December 31 - 10:00 am

  Shopped last minute for a 2002 before the 2003 arrive at the end of September. All dealers were willing to give them away at cost (28,888), so I couldnt resist. Great lease (4.2% over 39 mos). The rare charcoal color is cool and it drives like a dream (easy cruise at 80 from Santa Barbera this weekend)

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  Great handling car!! - 2001 Lexus IS 300
  By mweb - December 24 - 2:00 am

  With 29,000 miles on in 10 months, this is very reliable, drives like a sports car, & gets 22 mpg. Routine maint.is kind of high, but cust. ser. is the best around. Front seats are great, but the back is best left to children. The trunk is decent, but then I didnt buy this car for its cargo capacity. I got it cause its fast, handles great & looks awesome. I wish I had spent the extra few grand and bought a new 2002 with a 5-speed. I recommend this to anyone looking for a sports sedan that handles, is fast, gets good fuel mileage, & wont be in the shop all the time like a BMW.