Thursday, June 30, 2022
News Hot New 2022 Lexus IS 500 Priced from $72,900 in Canada

Hot New 2022 Lexus IS 500 Priced from $72,900 in Canada

Only 50 2022 Lexus IS 500 Launch Edition will be available for $77,650

  • It’s powered by the superb naturally-aspirated 5.0-litre V8.

  • Thanks to its 472 horsepower, it sprints to 100 km/h in only 4.6 seconds.

  • It features subtle yet telling visual signs that it’s not a regular IS.

  • It is the first Lexus model in the F SPORT Performance line.

We have to hand it to Lexus: They’ve heard the cries uttered by its fanbase. Tough the average Lexus buyer might be in his or her 60s, there are enthusiasts out there that want to be reminded why they like Toyota’s luxury brand. And the new 2022 Lexus IS 500 will serve this purpose well.

2022 Lexus IS 500 F SPORT Performance | Photo: Lexus

Lexus stopped short of calling the IS 500 the IS F and frankly, we think this was the right call. The new updated 2021 Lexus IS is an impressively refined and pleasant car, and we love it. Its new personality doesn’t quite fit what a full-fledge “F” car should be. Then again, we’re not really into the current RC F…

The heart of the new 2022 IS 500 is Lexus’ butter-smooth and responsive naturally-aspirated 5.0-litre V8. With 472 horsepower and 395 lb.-ft. of torque, it won’t much threaten the likes of the BMW M3 which is likely another why it’s not an “F”. Even so, this is enough power to send the RWD IS 500 to 100 km/h in 4.6 seconds from a standstill.

2021 Lexus IS 300 AWD Review: Evolutionary Update

The IS 500 will be a handler as it will feature the F SPORT’s Dynamic Handling Package (DHP), which includes Adaptive Variable Suspension (AVS) and a Torsen Limited Slip Differential (LSD). Impressively, it weighs in at only 5 kg (11 pounds) over the standard IS 350 AWD F SPORT meaning that it should feel quite nimble.

Visually, the IS 500 differs just enough to show all in the know that this is a special IS. The bonnet is raised by 50 mm and features unique sculpted lines. The front bumper and fenders have been lengthened while in the rear, a revised lower rear diffuser accentuates the quad exhaust system. Between the two ends are superb and exclusive 19-inch split-10-spoke lightweight Enkei alloy wheels.

2022 Lexus IS 500 F SPORT Performance | Photo: Lexus

For $72,900, the 2022 Lexus IS 500 will include the likes of a Mark Levinson 17-speaker premium audio system, navigation, a panoramic view monitor, triple beam LED headlights and a power rear sunshade on top of everything else mentioned above.

The $77,650 Launch Edition features sporty two-tone Black/Gray Ultrasuede-trimmed front and rear seats, door accents, and centre console, as well as serialized Launch Edition badge. More importantly, the car rolls one magnificent 19-inch split-seven-spoke forged alloy Matte Black BBS wheels.

2022 Lexus IS 500 F SPORT Performance | Photo: Lexus

2022 Lexus IS 500 F SPORT Performance | Photo: Lexus

2022 Lexus IS 500 F SPORT Performance | Photo: Lexus

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Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai


  1. The Launch Edition is $67,400 – you are off by about 10k….there are 500 Launch Editions for North America with 100 going to Canada…see Lexus Press Release….


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