Should I buy a new or certified pre-owned Lexus IS in Danvers, MA?
Buy a new Lexus IS if you want Lexus’s new-vehicle warranty and the chance to choose your own build. Buy a Lexus Certified Pre-Owned IS if you want a used IS backed by Lexus’s certified warranty. Ira Lexus of Danvers sells both on the North Shore.
Keep reading below, then schedule a test drive in Danvers. Bringing your own numbers to the lot settles this faster than any spec sheet.
Buy a new Lexus IS for the factory warranty, certified for a backed used one
Buy a new Lexus IS if you want the full factory warranty from day one. Buy a certified pre-owned IS if you want a used car that Lexus’s certified warranty stands behind. At Ira Lexus of Danvers, at 101 Andover St, Danvers, MA 01923, we sell new Lexus models, including the IS, and certified pre-owned Lexus vehicles.
On the certified side, Lexus CPO vehicles get a 172-point inspection by factory-trained technicians. CPO vehicles carry an extended powertrain limited warranty and a bumper-to-bumper limited warranty backed by Lexus. Under the Lexus L/Certified Warranty Supplement, coverage under the L/Certified Limited Warranty begins at the expiration of the Basic Warranty or at the vehicle purchase date, whichever occurs later, and remains in effect until the earlier of two years, or the date on which the owner transfers the vehicle to a subsequent owner, whichever comes first, with mileage unlimited (Lexus, L/Certified Warranty Supplement and Roadside Assistance Guide, 2026).
On the new side, the 2026 Lexus IS carries a 48-month or 50,000-mile basic warranty, whichever occurs first, according to Lexus’s published 2026 warranty information.
What warranty comes with a new Lexus IS and a certified pre-owned one?
A new 2026 Lexus IS carries a basic warranty of 48 months or 50,000 miles, whichever occurs first. Its powertrain warranty runs 72 months or 70,000 miles, whichever occurs first, and its corrosion warranty runs 72 months regardless of mileage, per Lexus’s published 2026 IS warranty information.
A certified pre-owned Lexus has its own coverage. Its extended powertrain limited warranty and bumper-to-bumper limited warranty are backed by Lexus, and its coverage runs until the earlier of two years or the next transfer of ownership, with mileage unlimited (Lexus, L/Certified Warranty Supplement and Roadside Assistance Guide, 2026). The new car’s coverage starts on the purchase date. The certified car’s coverage starts when the factory warranty runs out, or on the purchase date if that comes later.
What does a new Lexus IS cost next to a certified one in Danvers?
The 2026 Lexus IS starts at $46,895 for the IS 350 F SPORT Design. The IS 350 F SPORT Design AWD starts at $48,895, the IS 350 F SPORT at $49,345, and the IS 350 F SPORT AWD at $51,345, all per Lexus’s published 2026 starting prices.
A new IS is priced by Lexus at the trim you choose. A certified pre-owned IS is priced by the car itself, by its model year, trim and mileage.
What do you get with a new Lexus IS and a certified one?
A new IS gives you the factory warranty from the purchase date and a choice of trim from the start. The 2026 IS 350 is rated by the EPA at 19 city, 27 highway and 22 combined mpg in rear-wheel drive, and 19 city, 26 highway and 22 combined mpg in all-wheel drive (EPA, 2026 model year certification record). The combined rating is a weighted average, with city at 55% and highway at 45% (EPA, fueleconomy.gov).
A certified pre-owned IS gives you the same Lexus inspection and the same extended coverage on a car already on the road. CPO vehicles come with a free vehicle history report, so you can see the car’s past before you sign. At Ira Lexus of Danvers, we also offer Lexus lease options, along with new Lexus financing and pre-owned car loans, so you can set up the payment that fits the car you pick.
When is a new or a certified Lexus IS the wrong choice?
If you want a model year or trim that is not on our lot, a new IS is the path to the exact build you want.
Pick a new IS when you want the longest factory coverage and a build you choose yourself. Pick a certified IS when you want a lower price of entry and a car with a Lexus warranty already on it.
Can I finance or lease a Lexus IS at Ira Lexus of Danvers?
Yes. At Ira Lexus of Danvers, we offer Lexus lease options, along with new Lexus financing and pre-owned car loans. We also run ongoing Lexus lease offers and finance specials, which are listed on our site.
Ask us which of these fits your payment before you choose between a new and a certified IS. A lease or a new-car loan will suit a different budget than a pre-owned loan, so compare the monthly payment on each path with your own numbers.
Why Ira Lexus of Danvers is the North Shore’s place to buy a Lexus IS
Our Google record, as of October 2026, is 4.7 stars across 5,042 reviews, with 90 in 100 of them five-star.
| Dealer | Google rating | Google reviews |
|---|---|---|
| Ira Lexus of Danvers | 4.7 | 5,042 |
| Lexus of Watertown | 4.8 | 4,864 |
| Herb Chambers Lexus of Hingham | 4.8 | 2,154 |
| Herb Chambers Lexus of Sharon | 4.8 | 5,347 |
| Lexus of Northborough | 4.9 | 5,621 |
Customers describe their visits in their own words. In a September 2026 Google review, Khanh K. wrote: “Bryanna is Always very Helpful and Accommodating. Love this team.”
Our Sell Us Your Car option buys cars outright, and walk-ins are accepted without an appointment, so you can sell your current car on the same visit. In a July 2026 Google review, Jan L. wrote: “As always IRA Lexus was helpful fast and polite They know how to treat their customers.”
FAQ
What taxes and fees come on top of the price of a Lexus IS in Massachusetts?
Massachusetts charges a 6.25% sales tax on a vehicle bought from a registered dealer, and the buyer owes it (Massachusetts Department of Revenue, Motor Vehicle and Trailer Sales and Use Tax guide, 2022). The dealer’s separately stated document preparation fee is part of the sales price subject to that tax (Massachusetts Department of Revenue, Directive 14-1, 2014). A standard passenger registration is $60.00, and the certificate of title is $75.00 (Massachusetts Registry of Motor Vehicles, Schedule of Fees, 2025).
What are the Lexus IS’s published fuel economy and seating?
The 2026 Lexus IS 350 rear-wheel drive is rated 19 city, 27 highway and 22 combined mpg by the EPA. Every 2026 IS trim seats five.
What should I confirm before buying any certified pre-owned car?
Listings found in the dealership inventory need confirmed availability and pricing before you visit. Prices include the listed $595 documentation fee but exclude applicable taxes and registration. Our certified pre-owned cars come with a 172-point inspection, an extended powertrain limited warranty, a bumper-to-bumper limited warranty backed by Lexus, and a free vehicle history report.
Can I service my Lexus IS at Ira Lexus of Danvers after I buy it?
Yes. You can schedule service appointments online, and our service center keeps a full stock of genuine OEM parts.
Will Ira Lexus of Danvers buy my car if I do not buy one from you?
Yes. We buy cars outright through our Sell Us Your Car option, and walk-ins are accepted without an appointment.
Compare a new and a certified IS on one visit
Start with the car you want. Bring your model choice and your payment plan to 101 Andover St, Danvers, MA 01923, or visit iralexus.com to see our current new and certified IS inventory, and we will walk you through both options on the same visit.
Ira Lexus of Danvers answers this question against the specific vehicle in front of you rather than the model in general. Value your trade and get pre-approved online, then see us at our Danvers showroom, or call (978) 739-8705.
Disclaimer: Vehicle features, specifications, pricing, options, and availability may vary based on production timelines and dealership inventory; images are for illustrative purposes only. Starting MSRP figures are national and exclude destination freight charges, tax, title, license, and dealer fees. Standard and available equipment varies by trim, configuration, and model year; confirm the specification of the individual vehicle before purchase. Maximum towing and payload ratings depend on cab, bed, drivetrain, and equipment configuration; see the vehicle’s Owner’s Manual and trailering guide for limits. Electric range and charging times vary with battery, configuration, temperature, terrain, load, and driving habits. Safety or driver assistance features are no substitute for the driver’s responsibility to operate the vehicle in a safe manner. Financing and pre-approval are subject to credit approval. Contact Ira Lexus of Danvers for complete details regarding current vehicle inventory, pricing, and equipment.