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Looking for $10k off on a Lexus or Caddy? High-priced hybrids reportedly getting hefty incentives

by Jeremy Korzeniewski (RSS feed) on Oct 5th, 2009 at 7:28PM

Surprise! Lexus and its parent company, Toyota, are apparently finding that it's not as easy selling $106,000 hybrids as it is for $25,000. The Lexus LS 600h L is certainly an excellent piece of automotive engineering, delivering gobs of horsepower and torque with at least a modicum of efficiency thrown in for good measure. Still, sales of the LS range are down over 50%, leading the the Japanese auto giant to place a whopping $10,000 cash incentive on its range-topping hybrid model. Moving down the Lexus lineup a notch will net you a $3,000 incentive on the GS 450h. What's more,... Read More

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