Lexus IS vs Mazda 2
What's the difference?

Lexus IS

$39,990 - $62,990

2021 price

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Mazda 2

$14,500 - $26,998

2024 price

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Maserati Quattroporte

Mazda 2

Mazda 6

Mercedes-Benz A-Class

Mercedes-Benz A35

Mercedes-Benz AMG GT

Mercedes-Benz C-Class

Mercedes-Benz C43

Mercedes-Benz C63

Mercedes-Benz CLA

Mercedes-Benz CLA-Class

Mercedes-Benz CLS-Class

Mercedes-Benz E-Class

Mercedes-Benz E53

Mercedes-Benz EQS

Mercedes-Benz GLC-Class

Mercedes-Benz S-Class

Summary

2021 Lexus IS

2024 Mazda 2

By Tom White

By Chris Thompson

Safety Rating

Engine Type

Inline 4, 2.5L

Inline 4, 1.5L

Fuel Type

Premium Unleaded/Electric

Unleaded Petrol

Fuel Efficiency

4.9L/100km (combined)

5.4L/100km (combined)

Seating

Likes

Sleek and efficient hybrid drive
Graceful ride
Spec improvements

Still dynamically fun
Manual remains
Ergonomically sensible

Dislikes

Slow
Busy interior design
Fiddly and over-complicated software

Interior is dating
Engine noise under load
Pricing not quite 'first-car'

2021 Lexus IS Summary

One question frequently discussed in the skunkworks of the CarsGuide office is: What exactly does Lexus stand for?

When the brand debuted its original export-market IS sedan in 1999 the messaging was more or less clear: Toyota’s premium sub-brand was here to be a Japanese BMW.

The brand even employed Nobuaki Katayama – chief engineer on the iconic Corolla AE86 program – to again take the reins of its small rear-wheel drive sedan program.

As the years went on though, Lexus changed. Fundamentally geared toward the US market, the second-generation (wild IS F aside) became a bit more sedate and softer around the edges, while the third generation strayed even further from the sedan’s performance-inspired roots, leaning into a plush interior, hybrid drive, and even CVT transmissions.

This brings us to today’s Lexus IS. Essentially a heavy facelift of the third generation (which arrived back in 2013), the brand has “reimagined” its core sedan with a tweaked design and updated technology for 2021.

Is it enough to keep it relevant against its ever-present European rivals and the newly arrived threat from Hyundai’s Genesis G70? I took a signature IS300h hybrid for a week to find out.

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2024 Mazda 2 Summary

The entry-point into one of Australia's most popular brands has been around for almost 10 years in its current generation, but the Mazda2 has had a refresh.

Possibly for the last time in its current lifespan, the small hatchback gets a facelift to remain appealing, Mazda hopes, to first-car-buyers.

Mazda's up against not only direct rivals, like the Suzuki Swift and Toyota Yaris, but also the shifting market.

Mazda has sold just over 3500 Mazda2s so far this year, but almost 11,000 CX-3 small SUVs, the latter based on our friend here's platform.

It's a name with a little over two decades behind it, but can it be a first-car-favourite in an increasingly difficult small car market?

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Deep dive comparison

2021 Lexus IS 2024 Mazda 2

Verdict

Smooth, cosy, quiet, the IS looks and feels better than ever, but without a doubt this hybrid version is a car best suited to cruising the dense metropolis of Chiba at midnight more than it is carving up a bunch of S-bends in the Australian countryside on the weekend.

While that might still limit its appeal for fans of German sports luxury sedans and place it further from the original IS’s ambitions, it does offer an intriguing efficiency and luxury focused alternative, without the compromises brought by rivals with more sporting intent. In a way then, the IS 300h perhaps inadvertently best embodies what Lexus is as a brand.

Verdict

While Mazda's insistence that the Mazda2 is a 'first-car' could be very limited by the incomes of most teenagers or early-20s city-dwellers, the starting price being close enough to $20,000 for a dynamically enjoyable and convenient small car isn't to be scoffed at.

The new styling of the Mazda2 is well executed, and as an alternative to small SUVs (which continue to become more popular) it's a sensible option, especially considering its efficiency and ease of use.

The lower specifications in the range are probably the best in terms of value, as even the features on the higher grades aren't groundbreaking, and the Pure SP definitely exudes the most style cred.

Lexus IS vs Mazda 2 What's the difference?

Summary

Deep dive comparison

Verdict

Verdict

Lexus IS vs Mazda 2
What's the difference?