Chevrolet Silverado vs Lexus IS350

What's the difference?

VS
Chevrolet Silverado
Chevrolet Silverado

$134,500 - $168,000

2026 price

Lexus IS350
Lexus IS350

2021 price

Summary

2026 Chevrolet Silverado
2021 Lexus IS350
Safety Rating

Engine Type
V8, 6.2L

Turbo 4, 2.0L
Fuel Type
Premium Unleaded Petrol

Premium Unleaded Petrol
Fuel Efficiency
0.0L/100km (combined)

8.2L/100km (combined)
Seating
5

5
Dislikes
  • Modest payload rating
  • Impractical payload when max towing
  • Low ANCAP ADAS rating

  • Still the same engines
  • Largely the same interior
  • Feeling a little old
2026 Chevrolet Silverado Summary

The Chevrolet Silverado enjoys enduring popularity in Australia’s unique new vehicle market for locally remanufactured right-hand drive versions of full-size US pick-up trucks.

Armed with unique V8 power, the range offered by General Motors Speciality Vehicles (GMSV) comprises the entry-level 1500 LTZ Premium and top-shelf 1500 ZR2, while the colossal 2500 HD offers the ultimate in heavy towing capabilities.

Their combined sales represent a leading market share of more than 40 per cent, in a specialised segment where purchase prices extend well into six figures.

The latest MY26 Silverado range is backed by a new five-year/unlimited km warranty paired with five years of roadside assist, which provides greater peace-of-mind for buyers than the previous three-year/100,000km and three years' roadside assist. The ZR2 also gets upgraded driver assistance plus additional exterior colours.

We recently spent a week aboard one of the latest 1500s to find out why the Silverado is such a popular choice for Aussie buyers and if it’s well suited to tradie duties.

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2021 Lexus IS350 Summary

No it isn’t an all-new car. It might look like it, but the 2021 Lexus IS is actually a heavy facelift of the existing model, which originally went on sale way back in 2013.

There have been significant changes to the look of the new Lexus IS, including a revised front and rear end, and the company has widened the track and made “substantial chassis changes” to make it handle more adeptly, too. Plus there is a whole raft of newly added safety features and in-car technology, despite the cabin being, largely, a carryover affair.

Suffice to say that the new Lexus IS 2021 model - which the brand describes as having been “reimagined” - carries over a few strengths and weaknesses of its predecessor. But does this Japanese luxury sedan still have enough quality traits to compete with the likes of its main rivals - the Audi A4, BMW 3 Series, Genesis G70 and Mercedes-Benz C-Class?

Let’s find out.

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Deep dive comparison

2026 Chevrolet Silverado 2021 Lexus IS350

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