Extended warranties are offered because they make the companies who issue them a lot of money. Extended warranties are always negotiable. If your dealer decides they don't want to negotiate, then that is their way to get you to overpay. They are betting that people who can afford $100k cars, can and will pay whatever it takes to keep warranty coverage going on their car. Normally I would advise to skip any type of coverage on a regular LS, but since the hybrid is still fairly new and the batteries alone cost more then a cheap car, I would advise you get some type of coverage at the lowest price you can possibly find. Just make sure the coverage does not exclude hybrid specific components.

 

All Lexus hybrids come with a factory warranty of 8 years or 100k miles for anything specific to the hybrid system.

 

I was under the impression that the 8/100000 warranty was only for the batteries....

I hope I'm wrong!

HBH

 

http://www.lexus.com/models/LSh/warranty/index.html

Hybrid Vehicle System
Hybrid System Warranty coverage is for eight years or 100,000 miles, whichever occurs first, and covers the following components: Hybrid control module, Hybrid battery control module, Hybrid battery and inverter with converter.

 

The basic concept of insurance is to spread the risk.Spreading the risk of many units and pooling the premiums to pay for claims.The more you spread the risk the better the odds of making money

 

Well, I'll take your word for it, but nowhere in that link did it discuss what's convered or not covered vis-à-vis the hybrid components.....

HBH

 

Warrenties are negotiable... You can get 50% off....just depends on your relationship with them and will they want to go that route.

Lexus seems to be very proactive with issues in regards to hybrid components, even after warrenties. I can only imagine they really take care of someone who bought the flagship of the line at the time if something went wrong (as in goodwill adjustments etc).

I just got the extended warrenty on my wife's RX 400h to 8/125. A main ingredient is how many miles will you drive. We did some math and figured it was worth the bet based on current mileage trends.

Not sure how many miles you have/drive but make sure you drive enough to warrant extra coverage.

For my GS 450h I didn't get any extended warranty and (crosses fingers) have been lucky with hybrid reliability thus far.

 

oh, click on the above link, and then go to powertrain warranty, and you can read more on the hybrid