This is a Motormouth couple car review of the 2023 Lexus IS 500 luxury performance sedan. Look at this great colour, the Lexus IS 500 F Sport in Infrared Red!
The Lexus IS 500 F Sport has a 5L V8 with a direct shift 8-speed automatic transmission, 472 horsepower and 395 lb-ft of torque. This is a RWD model.
It has an F Sport tuned adaptive variable suspension, Yamaha rear performance dampers and stabilizer bar, Torsen limited slip rear differential, paddle shifters and drive modes that include, Normal, Sport, Eco and Sport +. While this is the sportiest Lexus I have ever driven and the V8 sounds great, it is still a Lexus and you will find it to be “Lexus sporty” but still very comfortable. Plus you can’t beat its reliability score, JD Power gives it a 90/100. Although it does a lot well, it’s not as fun and engaging as the BMW M340i with a turbocharged 3L inline 6 and 382 horsepower. Yes, the BMW has less power but that inline 6 is fantastic.
In Canada, there is just one trim of the Lexus IS 500, it starts at $75,100 CAD and in the US two trims F Sport Performance $58,670 USD and F Sport Premium $63,170 USD.
Standard features include, a 10.3” touchscreen with navigation, wired Apple Carplay and Android Auto, a 17-speaker Mark Levinson sound system, Nuluxe power front seats, heated and ventilated front seats, driver seat memory, heated steering wheel, a moonroof, panoramic view monitor and Lexus Safety System+ 2.5 including blind spot monitoring and rear cross traffic alert.
In the US, there are some features that are not standard including, the Mark Levinson sound system, a panoramic view monitor and the larger touchscreen with navigation, instead an 8” touchscreen is standard
The Lexus IS 500 has a low stance offering 5.5” of ground clearance and comes standard with premium triple beam LED headlamps, a singular LED taillamp that tapers across the rear, dark chrome window trim, F Sport Performance 19” gloss black wheels, quad exhaust tips. In the US, the triple beam headlamps are standard on the top trim.
Fuel economy, the Lexus IS 500 gets 14.1L/100 km, 17 MPG city and 9.3L/100 km, 25 MPG highway.

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