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By KBB Editors
Updated December 23, 2019
Sporty handling, an engaging personality and multiple powertrain and packaging configurations make the Lexus IS well worth considering by anyone who believes that small is beautiful and that a car is much more than a mere transportation appliance.
Some purists might argue that the Lexus IS lacks the handling precision and crisp visual tailoring of BMW’s 3 Series, which remains the benchmark in this category. Limited rear-seat room might also draw frowns from all but the most modestly-scaled passengers.
Both the IS 250 and IS 350 carry forward with only minor cosmetic detail enhancements. The sole change of note is that the IS 250 AWD’s previously standard semi-aniline heated and ventilated leather seats are now optional, and are replaced by the baseline heated leather units that are fitted to the rear-drive models.
The current "entry level" model for the Lexus sedan line, the IS consists of the IS 250 in rear-drive or all-wheel-drive variations and the more potent rear-drive IS 350 — as well as a new-for-2008 high-performance version, the IS-F (reviewed separately). Visually reminiscent of the larger GS, the IS melds sporty looks, enthusiast flair, a generous roster of standard equipment and legendary Lexus quality into a premium four-door sedan specifically intended to steal buyers away from the gold standard of this segment, the BMW 3 Series. Other competitors include Acura TSX and Audi A4, both of which are marginally more spacious inside.
2008 Lexus IS pricing starts at $7,365 for the IS IS 250 Sport Sedan 4D, which had a starting MSRP of $39,826 when new. The range-topping 2008 IS IS 350 Sport Sedan 4D starts at $8,224 today, originally priced from $44,106.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$39,826 | $7,365 | |||
$44,106 | $8,224 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2008 Lexus IS models in typical condition when purchasing from a dealership. These prices are updated weekly.
Underpinning the Lexus IS is an enthusiast-oriented suspension that delivers good overall control and effectively limits body pitch and roll motions during aggressive cornering maneuvers. The steering is slightly heavy on-center (the straight-ahead position) but merits good marks for being positive and linear. Powerful anti-lock disc brakes (ABS) on all IS models seamlessly interact with the Vehicle Stability Control (VSC) on IS 250s and the even more advanced Vehicle Dynamics Integrated Management system of the IS 350. While the IS 350 is the clear prime mover of this family, even the IS 250 AWD feels fairly quick around town and easily copes with the cut-and-thrust of daily commuting as well as freeway passing moves. With its revised chassis settings and wheel and tire upgrade, the optional Sport Package endows either rear-wheel-drive model with an extra measure of handling responsiveness.
Impressively finished and rich in soft-touch surfaces, the IS cabin is a relatively intimate space. Optitron electroluminescent gauges, user-friendly controls, a tilt and telescoping steering column and logically arrayed switches on the instrument panel’s center stack emphasize its driver-friendly character, although bright sun can make the secondary readouts and navigation screen display difficult to read. Leather upholstery is standard in all versions, and optional wood accents can replace basic brushed aluminum across the line. Comfortable and supportive power front seats are a welcome home for those up to six feet tall, but modest head and leg room make the three-across fixed rear bench seat best suited for sub-adolescent passengers.
Sharing the Lexus "L-Finesse" design language that was introduced with the GS, the IS has a clean, muscular appearance with a slight wedge profile accentuated by blackout B-pillars that serve to integrate the side glass into a single visual element. Other keys to its aggressive character include a power bulge on the hood, prominent shoulder ridges, well-defined fender flares and sculpted lower door sills. Finishing the look are 17-inch alloy wheels with V-rated 225/45 all-season tires on the IS 250 AWD and 225/45 front with 245/45 rear tires on the other two models. Rear-drive models also can be fitted with 18-inch wheels and tires as an upgrade.
Paddle-Shift Automatic Transmission
Optional in a base IS 250 but standard on the IS 250 AWD and IS 350, this slick sequential six-speed allows you to use the fully-automatic mode or shift for yourself via either steering wheel-mounted paddles or an up or down push on the conventional console-mounted gear lever.
Optional Sport Package
While the well-tuned standard suspension will likely please most buyers, the Sport Package is firmer and includes an 18-inch wheel and tire upgrade that elevates any rear-drive IS model — but especially the IS 350 — to near-BMW 3 Series levels of agility and fun without detracting from the basic ride comfort.
Even the baseline IS 250 with 204 horsepower and six-speed manual transmission (or optional six-speed paddle-shifted automatic) has a comprehensive array of standard equipment that includes numerous power assists — including 10-way power driver’s and passenger’s seats — plus dual-zone automatic climate control, power moonroof, SmartAccess remote keyless entry and start, a 194-watt 13-speaker audio system with six-disc CD changer, trip computer, Vehicle Stability Control (VSC) and anti-lock disc brakes. The IS 250 AWD adds a sophisticated all-wheel drive system and an automatic transmission as standard equipment, while the 306-horsepower IS 350 is available with the automatic only and has the Vehicle Dynamic Integrated Management (VDIM) package and upgraded, larger brakes. All IS variants are fitted with front, front-side and front and rear side-curtain airbags.
Key IS upgrades include the Premium Package (perforated-leather upholstery, wood trim and heated and ventilated seats) and the Luxury Package (which adds corner-following bi-xenon headlamps, rain-sensing wipers, power tilt and telescoping steering column, seat memory and more). Rear-drive IS models also offer a Sport Package (the features of the Luxury Package, plus sportier suspension tuning, high-performance wheels and tires and other features) and the X Package (the Sport Package suspension and wheels, and a front spoiler, but without the Luxury Package features). Another option combines Voice-activated DVD Navigation, with backup camera and Bluetooth, and a Mark Levinson 14-speaker 300-watt Premium Surround Sound Audio System. The navigation system is also available as a stand-alone option, as are the bi-xenon adaptive headlights, SIRIUS or XM Satellite Radio, an impact-mitigating Pre-Collision System and Dynamic Cruise Control and several other worthwhile items.
Two technology-intensive, all-aluminum V6 engines provide clean and comparatively fuel-efficient motivation for the IS line. The 2.5-liter version uses dual Variable Valve Timing with Intelligence (VVT-i) and direct-to-cylinder fuel injection to develop 204 horsepower and 185 pound-feet of torque, sufficient to take a rear-drive IS 250 from zero to 60 miles per hour in a bit under eight seconds with either transmission, and to send the IS 250 AWD to that speed in about 8.5 seconds. The 3.5-liter V6 in the IS 350 adds secondary port injection and cranks out 306 horsepower and 277 pound-feet of torque. Backed with the mandatory paddle-shifted multi-mode (Normal/Sport/Snow) automatic, it propels the fleetest member of the IS family to the 60-mph benchmark in less than six seconds.
2.5-liter V6
204 horsepower @ 6400 rpm
185 lb.-ft. of torque @ 4800 rpm
EPA city/highway fuel economy: 18/26 (manual), 21/29 (automatic), 20/26 (AWD automatic)
3.5-liter V6
306 horsepower @ 6400 rpm
277 lb.-ft. of torque @ 4800 rpm
EPA city/highway fuel economy: 18/25
Get 3.99% for 48 months on a new 2025 IS 300.
Lease a new 2025 IS 350 F SPORT DESIGN AWD for $539 a month for 39 months with $4,999 due at signing.
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $519 | $7,712 | $6,032 | ||
2023 | + $340 | $8,052 | $6,113 | ||
2024 | $1,234 | $6,818 | $4,706 | ||
Now | $611 | $6,207 | $4,134 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 3435 lbs. | ||
---|---|---|---|
EPA Passenger | 88.3 cu.ft. | ||
Fuel Capacity | 17.1 gallons | ||
Front Head Room | 39.0 inches | ||
Front Leg Room | 43.9 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 5.7 inches | ||
Overall Length | 180.1 inches | ||
Front Shoulder Room | 54.4 inches | ||
Trunk or Cargo Capacity | 13.0 cu.ft. | ||
Turning Diameter | 33.5 feet | ||
Wheel Base | 107.5 inches | ||
Width with mirrors | 70.9 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Fog Lights | Available | ||
HID Headlights | Available | ||
Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
Privacy Glass | Available | ||
Rear Spoiler | Available |
City | 21 mpg | ||
---|---|---|---|
Highway | 29 mpg | ||
Combined | 24 mpg |
Drivetrain | RWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
6 speed | Available | ||
Recommended Fuel | Premium |
Horsepower | 204 @ 6400 RPM | ||
---|---|---|---|
Torque | 185 @ 4800 rpm | ||
Engine | V6, 2.5 Liter | ||
0 to 60 | 7.9 seconds | ||
Top Speed | 140 mph |
Basic | 4 years / 50000 miles | ||
---|---|---|---|
Powertrain | 6 years / 70000 miles | ||
Corrosion | 6 years / Unlimited miles |
Used 2008 Lexus IS | Used 2013 Lincoln MKZ | Used 2013 Nissan Altima | Used 2014 Volvo S60 | ||
---|---|---|---|---|---|
Price | $7,365 | $6,644 | $7,207 | $7,136 | |
KBB.com Rating | N/A | 3.1 | 4.3 | 3.9 | |
Consumer Rating | 4.6 | 4.6 | 4.1 | 4.5 | |
Fuel Economy | City 21/Hwy 29/Comb 24 MPG | City 38/Hwy 37/Comb 38 MPG | City 22/Hwy 31/Comb 25 MPG | City 21/Hwy 30/Comb 24 MPG | |
Fuel Type | Gas | Hybrid | Gas | Gas | |
Safety Rating | N/A | 5.0 | 5.0 | 5.0 | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 4 years or 50000 miles | 4 years or 50000 miles | 3 years or 36000 miles | 4 years or 50000 miles | |
Horsepower | 204 @ 6400 RPM | 188 @ 6000 RPM | N/A | 250 @ 5400 RPM | |
Engine | V6, 2.5 Liter | 4-Cyl, Hybrid, 2.0 Liter | V6, 3.5 Liter | 5-Cyl, Turbo, 2.5 Liter | |
Drivetrain | RWD | FWD | FWD | FWD |
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Yes, the 2008 Lexus IS is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.
2008 Lexus IS city/highway fuel economy ratings range from 18/25 mpg to 21/29 mpg, depending on trim and equipment.
Used 2008 Lexus IS prices currently range from $7,365 for the IS 250 Sport Sedan 4D to $8,224 for the IS 350 Sport Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2008 Lexus IS is the IS 250 Sport Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $7,365.
The 2008 Lexus IS is part of the 2nd-generation IS, which our owners give an above-average reliability rating of 4.8 out of 5.