2001 Lexus IS 300 Review
Price Estimate: $395 - $640





+15
Edmunds' Expert Review
by the Edmunds Experts
Pros
- Near ideal weight distribution, slick interior decor, competitive pricing.
Cons
- No manual transmission, small rear seat, lacking a telescoping steering column.
What’s new
Lexus continues to change gears, moving away from single-minded relentless pursuits of perfection to chase performance. The new IS 300, complete with rear-wheel drive and a 215-horse inline six, chases the BMW 3 Series in the entry luxury sport marketplace, and will continue to do so until a proper manual transmission is available.
Edmunds says
A fine sport sedan in need of more luxury.
For sale nearby
11 listings
- $12,480fair price$1,237 above market
- 134,000 miles
- 3 accidents, 2 owners, corporate fleet vehicle
- 6cyl automatic
- Ace Auto Motors (297 mi away)
- Upgraded Headlights
- Power Driver Seat
- Auto Climate Control
- Alarm
- Rear Bench Seats
Close
Located in Des Plaines, IL
Great condition 10/10
AutoCheck Vehicle History Summary
Accident Free Vehicle: No
Personal Use Only: No
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
18 Combined MPG (16 City/21 Highway)
Listing Information:
VIN: JTHBD182610027146
Stock: 027146
Certified Pre-Owned: No
Listed since: 05-19-2025 - 167,377 miles
- Frame damage reported, 6 owners, personal use only
- 6cyl automatic
- Car Guys Online (319 mi away)
- Heated seats
- Sunroof/Moonroof
- Upgraded Headlights
- Power Driver Seat
- Auto Climate Control
Close
Located in Crozier, VA
Call 804-479-0497 2001 Lexus IS 300 Runs Drives Looks Great Check out this nice 2001 Lexus IS300 we just purchased from a Toyota dealer in Virginia! R...
AutoCheck Vehicle History Summary
Accident Free Vehicle: Yes
Personal Use Only: Yes
History Provider: AutoCheck
Title Details: Issue reported
Salvage Vehicle: No
Frame Damage: Yes
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
18 Combined MPG (16 City/21 Highway)
Listing Information:
VIN: JTHBD182210007461
Stock: 10007461
Certified Pre-Owned: No
Listed since: 10-05-2023
Vehicle overview
Lexus, traditional purveyor of highly refined but generally characterless luxury automobiles, is looking to change its staid, reliable, upstanding citizen image. In 1998, the upscale Toyota division lobbed the GS 400 over the net, scoring with consumers who wanted to blend the sporting V8-powered personality of a BMW 5 Series with daring styling and Japanese reliability. But that serve into opposing territory fell somewhat short of the mark in terms of initial quality and outright performance, and a lack of a manual gearbox represented a glaring omission in a vehicle targeting the vaunted 540i.
Has Lexus learned a lesson? The new IS 300, targeting the BMW 3 Series, benefits from the installation of a smooth, 3.0-liter inline six that makes 215 horsepower and 218 foot-pounds of torque at 3,800 rpm. As with the GS 300, whose engine the IS shares, rear-wheel drive is the method of motivation, but for now, we Americans are stuck with a five-speed automatic transmission equipped with E-Shift steering wheel gear-selection buttons, just like in a Formula One car. A manual is on the way, purists, if you can wait a year.
So perhaps the lesson hasn't gone unheeded. We get plenty of power, and a row-'em-yourself transmission is just around the corner. But buyers of these kinds of sedans want performance and style. The IS 300 is mostly successful in this arena, with taut, balanced exterior dimensions stretched over large, available 17-inch wheels optionally finished in smoked chrome. We aren't fans of the circular decklid-mounted taillights, and the clear rear lens covers look too much like the ones you see on the neighbor kid's lowered '94 Accord, but the overall shape is well balanced and attractive.
Inside is where Lexus gets a gold star for imagination, with a chronograph gauge cluster the centerpiece of a highly styled interior. Drilled aluminum pedals announce the IS 300's intentions loud and clear, while fashionable metallic accents litter the cabin.
Double wishbone suspension components front and rear, fine-tuned at Germany's Nurburgring racetrack, keep the standard 16-inch all-season performance tires glued to the ground, while standard four-wheel disc antilock brakes and full-range traction control keep them from sliding and spinning. A limited-slip differential is optional, while standard high-intensity discharge (HID) headlights provide superb nighttime road illumination.
Safety is also addressed, with three-point seatbelts for each of the five seating positions and front seat-mounted side airbags standard. Pre-tensioning and force limiting front harnesses maximize protection in a crash, while an interior trunk lid release handle helps prevent entrapment in the trunk.
With a base price in the low 30s, the IS 300 isn't the bargain the LS 400 was when Lexus debuted a decade ago. With both Audi and BMW offering all-wheel drive technology in their elegant and smooth-riding compact sedans, not to mention superlative interior materials and manual transmissions, Lexus may have its work cut out for it as it learns what it takes to tackle Germany's finest.
Cost to DriveCost to drive estimates for the 2001 Lexus IS 300 4dr Sedan (3.0L 6cyl 5A) and comparison vehicles are based on 15,000 miles per year (with a mix of 55% city and 45% highway driving) and energy estimates of $4.17 per gallon for premium unleaded in Ohio.
Monthly estimates based on costs in Ohio
$286/mo for IS 300 Base
IS 300 Base
vs
$163/mo
Avg. Compact Car
See Edmunds pricing data
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Lexus IS 300 Reviews
Owner Reviews
5(83%)
4(16%)
3(1%)
2(0%)
1(0%)
Most Helpful Owner Reviews
Trending topics
Bought at 160k and doing great
5 out of 5 starsChris, 10/02/2015
2001 Lexus IS 300 4dr Sedan (3.0L 6cyl 5A)
I bought my 01 IS at 160k and have put over 15k miles over the past year. I have taken this thing on 400 mile road trips, through snow, etc. I haven't run into any repairs. I know the timing belt is due at 180k which will run at least $500 which I'm fine with due to it's extremely reliable track record. Drives super smooth, has amazing handling with tight steering- shocking for a 15 year … old car with so many miles to handle so nice. If you are thinking about getting one go for it. Smaller back seat, cup holders are lame.
Update October 2016. I still have this IS. Has 190k miles now. All I have been doing is oil changes, tires, etc. Did timing belt and water pump for around $700 but no major repairs needed which is great especially at the age of this car. I have noticed the brakes on this car click and clatter but I;ve been told it is normal and safe. plan to keep it around for a while even after I buy myself a truck.
BEST CAR EVER!
5 out of 5 starsjbneurotech, 06/21/2011
2001 Lexus IS 300 4dr Sedan (3.0L 6cyl 5A)
Purchased the car with 19,000 miles in 2002 i commute over 100 miles a day to work and back and the car now has 243000 miles on it and has never given me any problems all i have done has chaged the oil and filters still has original timing belt and plugs have them checked often and mechanic states they still look fine this inline six motor is unstoppable my wife drives an 07 is250 and it … has been in for repair atleast 5 times and only has 70000 miles the V6 motor in the 250 is no comparison to the inline 6 in the 300, also my car doesnt use one drop of oil and still has the same torquey power as the day i bought i would by another in a heartbeat this is truly a rare gem.
Excellent
5 out of 5 starsRuth Mc CARTHY, 03/21/2006
2001 Lexus IS 300 4dr Sedan (3.0L 6cyl 5A)
Fun to drive and comfort on a trip. Get thumbs up on style and just a good looking car and I love my car.
IS300 Awesome, But Can Always Be Better
4.88 out of 5 starsbbc_teryou, 02/27/2002
2001 Lexus IS 300 4dr Sedan (3.0L 6cyl 5A)
If you are looking for a fun and good looking vehicle, the IS300 should do it! It attracts a lot of attention. It seems as though all eyes are on the Lexus IS300, rather than the average BMW 3-Series, Mercedes Benz C- Class or Audi A4. 2001 models do not offer the 5 spd manual, DVD or auto-dimming rear view mirrors. If you can do without that, you're set.
2001 IS 300 Highlights
Base MSRP Excludes Destination Fee | $30,805 |
---|---|
Engine Type | Gas |
Combined MPG | 18 MPG |
Cost to Drive | $286/month |
Seating | 5 seats |
Cargo Capacity All Seats In Place | 10.1 cu.ft. |
Drivetrain | rear wheel drive |
Warranty | 4 years / 50,000 miles |
Safety
Key safety features on the IS 300 include:
- Alarm
NHTSA Overall Rating
The National Highway Transportation Safety Administration offers independent analysis.
- Frontal Barrier Crash RatingOverallNot RatedDriver4 / 5Passenger4 / 5
- Side Crash RatingOverallNot Rated
- Side Barrier RatingOverallNot RatedDriver5 / 5Passenger5 / 5
- Combined Side Barrier & Pole RatingsFront SeatNot RatedBack SeatNot Rated
- RolloverRolloverNot RatedDynamic Test ResultNo TipRisk Of RolloverNot Rated
IIHS Rating
The Insurance Institute of Highway Safety uses extensive crash tests to determine car safety.
- Small Overlap Front Driver-Side TestNot Tested
- Small Overlap Front Passenger-Side TestNot Tested
- Moderate Overlap Front Test – OriginalNot Tested
- Moderate Overlap Front Test – UpdatedNot Tested
- Side Impact Test – OriginalNot Tested
- Side Impact Test – UpdatedNot Tested
- Roof Strength TestNot Tested
- Rear Crash Protection / Head RestraintMarginal
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