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Select LA/SF Dealers: 2021 Toyota Mirai Hydrogen Fuel Cell Car + $15k Fuel Card Expired

$23,100
$52,408.00
after Tax Credits & Incentives (Select Locations)
+296 Deal Score
460,805 Views
Select Eligible Toyota Dealers [Dealer Locator] located in Los Angeles / San Francisco, California are offering to Qualifying Customers: 2021 Toyota Mirai Hydrogen Fuel Cell Car + $15,000 in Complimentary Fuel for 2yrs with 0% APR for 72-Months for as low as $23,108 after Incentives and Tax Credits. Pricing and availability may vary depending on your location, consult your local eligible dealership for more information.
  • Note: Offer is valid at select participating Los Angeles / San Francisco, California locations only. Refer to the forum thread for additional deal details and discussion.
Thank to community member ExtremeOak for and reddit user XIIXOO for finding this deal.

Deal Details:
  1. Visit your local eligible Toyota Norcal Dealer [Dealer Locator]
  2. Shop for a eligible 2021 Toyota Mirai model that qualifies for the TFS Cash offer and Fuel Card offer mentioned on the page here
    • Note: Qualified buyers can finance a new 2021 Mirai at 0% APR for 72 Months.
  3. Apply for and purchase a qualifying model with prices starting from ~$50,408 (may vary by location)
  4. Toyota Cash Discount will deduct $20,000 from your total
  5. You will receive a $4,500 CA Tax Credit (more info)
  6. You will receive a $8,000 Federal Tax Credit (more info)
  7. You will also receive a Complimentary Fuel Card valid for up to 2 years or $15,000 of fuel (more info)
  8. Your total after incentives and tax credits will be as low as $23,108 and will vary depending on your location and model selection.
Additional Details:
Good Deal?

Original Post

Written by
Edited March 20, 2021 at 12:06 AM by
Let me start by saying Hydrogen Fuel Cell vehicles are not for everybody. Being that H2 fueling stations are limited, it's really only feasible in the LA / SF area.

YMMV but see below for the breakdown and explanation transcribed from u/acetech09 on Reddit


I bought one of those dirt cheap Toyota Mirais - still waiting for the catch

I have a 70 mile round-trip commute, and have been casually e-shopping for an electric or hybrid commuter car. But I never found something that that was a) well-priced, b) a worthwhile quality-of-life improvement over my current daily, and 3) charging an EV where I live is possible, but annoying.

My current daily is a 2020 MB Metris cargo van. And while I love it as a hobby equipment hauler, it's just an okay daily. Somewhat noisy, and base model so zero creature comforts to speak of.

Enter this thread:
https://www.reddit.com/r/cars/com...after_tax/
I was intrigued enough to start doing the math and looked into the usability.
8 hours later, I had bought one.
Here's my review of the out-the-door numbers, and a lightweight review of the car from a performance-loving car nerd.
The math with real numbers from my sales agreement:
(edited, changed pricing from monthly to absolute to make it clearer)$50,408.00 (Sale price, $2k under sticker)
+ $5,200 (CA sales tax and registration)
- $20,000 (Cash discount from Toyota corporate)
= $35,608.00 (This is what I financed at 0% APR, 72 months, no fees at all)
- $4,500 (CA tax credit)
- $8,000 (Federal tax credit)
= $23,108.00 Effective post-tax vehicle price
The vehicle price comes out to $23,108. BUT, this goes further because of the complimentary $15,000 fuel card, which is good for about 50,000 miles or 6 years.
So, with that card, it makes sense to compare with other cars by including 50,000 miles of fuel.

Mirai: $23,108 base, free fuel 30mpg gas car: $23,108 base
- $7,500 fuel
= $15,608 out-the-door equivalent 3.4 mi/kwh elec: $23,108 base
- $4,000 fuel
= $19,000 out-the-door equivalent

If you compare it with $15-19k gas/EV equivalent, those vehicles are probably going to be used, with limited warranty remaining. So, there is additional unrealized operating savings with the Mirai as well.

Insurance and registration are about $100/mo for me. This is decently lower than other $50k luxury brands (per my policy at least), but I'm not including it since it's different for everyone.

After the fuel card runs out, the Mirai starts to get more expensive again due to the higher cost of H2 fuel over gas. However, I doubt I'm going to keep the car once the fuel card runs out. And, nobody knows what the depreciation will be like, so I'm keeping it out of this calculation.

That's $15k-$19k, acetech09. Not a 'free car' like some people were saying.

Yes, true. But here's the punchline. This car is really freaking nice.

It's not 'dirt-cheap' compared to a used commute econobox, but it's radically cheaper than any other Lexus-like, freeway-autonomous, tech-laden, fully featured and warrantied mid-size sedan.

For the price of this [craigslist.org], you get this [imgur.com].

Sure, it's cheap, but, how is it?
You might be a skeptic like me and think it's a $25k corolla with a $25k water-maker under the hood. But it's not. This is a proper, no-compromise luxury sedan. It almost directly compares with a top-spec, $40-45k Avalon, at least. Reportedly, this car was originally designed to be a Lexus, but brand politics happened.
  • Spacious, comfy, solid, quiet, cruises like a heavy full-size.
  • Radar cruise control, lane following, full autonomy/driver assist package with granular settings. Power everything. Sound isn't audiophile-tier but is about as good as a production car gets.
  • Bird's eye view/360 degree cameras, pretty excellent for checking your parking since the visibility is as poor as every other modern car.
  • Not exciting to drive, but it's still extremely confident and flat in corners. The 0-60 is 'slow', but it's totally sufficient, and the electric instant-torque makes it capable of cutting through whatever commute conditions you need it to even with lower HP numbers.
  • Huge dash screen with android auto/carplay.
  • A really handy wireless phone charging pad in the center console.
  • The digital instrument cluster display was easy enough to configure and interpret - i'm a big analog dial guy but this one took almost no time to get used to, and feels totally normal now.
  • It has a 'pee' button. Seriously. The car auto-dumps the water exhaust when driving, and during shutdown as well - which could dump a lot of water on your garage floor. So you can manually push a button and have the car pee in your driveway before you pull it into your garage.
Any negatives?
Not really. It's not a drivers car of course, but it's a solid premium Toyota and delivers exactly what you expect and want. Really, just minor nitpicks:
  • Wireless android auto would be nice, to synergize with the wireless charge pad.
  • There isn't multi-user seat memory. That's, bafflingly, part of the +$15k premium trim which is otherwise not really worth it.
  • No spare tire, just fix-a-flat and a compressor. Not a huge issue if you're commuting this in the urban areas it's mostly limited to.
  • No volume knob on the infotainment, you have to button spam.
The elephant in the room, Hydrogen stations:

Of course, the 'catch' is that you can only drive this car in the bay area and parts of LA. However, there are a lot of people in both those areas who only use their car for commutes and local city-errands. Within these markets, it's still pretty insane that you can get them that cheap - it's not like I'm the only guy who wants one.

Toyota does also give 21 complimentary gas-car rental days to the purchaser, like electric car sellers do, so people can take road trips if needed. 21 days isn't a *lot* but it's decent value.

At the pumps, it's almost exactly like filling up a normal gas car, sometimes there's a 1-2 car wait but they fill fast and it's not a big deal.

Conclusion:
I check all the boxes: lives and commutes near hydrogen stations, can take advantage of the tax credits, and has another vehicle for trips outside the hydrogen network.

Only time will tell if this thing gives me a bunch of mechanical problems, or hydrogen balloons in price, or some other unknown. But for now, I think it'll work out great.

Is hydrogen the future? Probably not. The only clear benefit of fuel cell vehicles over battery electrics is refuel time, at significant complexity and material costs. But I'm sure hydrogen stations will be around as long as this vehicle lasts. But if I ever replace it, it'll probably be electric.

Station map for your area (California only):
https://cafcp.org/stationmap

For Carpool Sticker information:
https://www.arb.ca.gov/msprog/car...arpool.htm

California Clean Vehicle Rebate $4500 for Mirai
https://cleanvehiclerebate.org/en...e-vehicles
Note: Income cap does not apply for Hydrogen Fuel Cell Vehicles! Source [cleanvehiclerebate.org]

Federal Tax credit $8,000 info
https://afdc.energy.gov/laws/350
Note: this is a tax credit, applied when filling out tax return for 2021)

Source:
https://www.reddit.com/r/cars/com...ta_mirais/
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Deal
Score
+296
460,805 Views
$23,100
$52,408.00

Community Wiki

Last Edited by jnads March 24, 2021 at 02:42 PM

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Featured Comments

I went to Hamer Toyota and they had balls to mark those up 3k plus 1k gps add-on. Came to $56.5k with no negotiation because stimulus money is here and dealers wants it all. Sad state
Hydrogen Fuel cell is exempt from CA rebate income limits.

"The income cap applies for all eligible vehicle types except fuel-cell electric vehicles."

Source: cleanvehiclerebate.org/eng/requirements/1470
Slow car, 0-60 is 9.3 sec

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Joined Jan 2004
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> bubble2 17,666 Posts
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LivninSC
03-18-2021 at 02:09 PM.
03-18-2021 at 02:09 PM.
You don't buy a new Mirai. You lease one if you really want one. If you can score the fuel card buying one used may make sense but certainly not new.
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Joined Nov 2007
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robpiat
03-18-2021 at 02:10 PM.

Our community has rated this post as helpful. If you agree, why not thank robpiat

03-18-2021 at 02:10 PM.
Doing some fuzzy math it would seem like Hydrogen would need to be in the range of $6-7$ a KG to compete with gas? I have a sonata hybrid....Pretty reliably 35-40 MPG so call it 10 cents a mile. I don't think that price is economically viable as the electricity involved to make it will always be worth more than energy storage. You could use off peak energy, but in California that's expensive too and planned for EVs. It seems like EVs can store a KWh and consume it more efficiently than converting it to Hydrogen. It seems like if you strip all the subsidies away, even at scale, the only way to make the math work on these is to forget EVs exist.

"A 100% efficient electrolyser requires 39 kWh of electricity to produce 1 kg of hydrogen. The devices today require as much as 48 kWh/kg. So, if electricity costs are 0.05 US$/kWh, the power cost for the electrolysis process alone is 2.40 US$/kg of hydrogen."

So walk this quote above back, a Tesla can go 100 miles on 36KWH. The same 36KWH gets you at theoretical maximum 60 miles or so on a fuel cell.
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Last edited by robpiat March 18, 2021 at 02:16 PM.
Joined Sep 2016
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JMBauer74
03-18-2021 at 02:14 PM.
03-18-2021 at 02:14 PM.
In the market for a new car. Waiting for a good discount on something that I'm going to enjoy driving rather than some tiny eco car. I get some people are into these things, but it would seem like driving around in a tuna can with wheels.

Last week got hit by a school bus. Smilie Yep, a frickin school bus. They were getting ready to do a practice route before school started back up, and the bus tried to go around me two lanes over and get into the turning lane. He ended up pushing me forward with the side of the bus, so now I have school bus yellow paint all over my bumper. Smilie
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alphakp295
03-18-2021 at 02:14 PM.
03-18-2021 at 02:14 PM.
$15000 debit card is only good for 50k miles worth? Even 20mpg cars will need half of that cost for gas. Not to mention most cars in similar size go 30-40mpg. Never been to hydrogen station... Is hydrogen that expensive?? Like 2-4x gas price.
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arm&hammer
03-18-2021 at 02:16 PM.
03-18-2021 at 02:16 PM.
Quote from 91LT250R :
Electric still hasn't beaten out gasoline and we've been told for decades now that we'd already be driving vehicles.
Not true, things change. It was about 20 years ago that GM said there is no future for the electric car based on their EV1 experience and because of cheap fuel forecast for the next 25 years. GM got the cheap fuel right but look how wrong they were about electric vehicles. Even recently before the election GM was hesitant about EVs now with a new president they are on board and fully committed with EVs . Technology changes....our future will be BEV and Fuel Cell vehicles
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Livesai
03-18-2021 at 02:20 PM.
03-18-2021 at 02:20 PM.
Buying and leasing is two different things
"I bought one of those dirt cheap Toyota Mirais - still waiting for the catch"
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Last edited by Livesai March 18, 2021 at 02:24 PM.
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ddBqRvCpcFv6
03-18-2021 at 02:26 PM.
03-18-2021 at 02:26 PM.
Quote from JMBauer74 :
In the market for a new car. Waiting for a good discount on something that I'm going to enjoy driving rather than some tiny eco car. I get some people are into these things, but it would seem like driving around in a tuna can with wheels.

Last week got hit by a school bus. Smilie Yep, a frickin school bus. They were getting ready to do a practice route before school started back up, and the bus tried to go around me two lanes over and get into the turning lane. He ended up pushing me forward with the side of the bus, so now I have school bus yellow paint all over my bumper. Smilie

Your Car Auto Advocate on youtube.

1. There is chip shortage so new car production is impacted

2. Honda and Toyota just announced stop or limited Usa production this year

3. This lack of cars drive the demand for fairly used car 2-3 year old to high. Used car price has been adding up.

If you are in the market for new car, used it will be hard this year. It's based on black book report. yCA Youtube channel can tell you more about it.

Don't know where you live and most of Americans live in country side with plenty of cheap gas and wide open roads. Prius might not be the best this there, but city folks like me hybrid cars been looking really attractive to me. I'm actually in LA BUT owning a fulecell car with limited station seems like a gamble🚗thete aren't that many in even LA AREA
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FrozenBeer
03-18-2021 at 02:30 PM.
03-18-2021 at 02:30 PM.
good deal... but my nearest hydrogen filling station is apparently 2387 miles away...... Frown
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Original Poster
ExtremeOak
03-18-2021 at 02:31 PM.
03-18-2021 at 02:31 PM.
Quote from th3g3ntl3man :
This is my calculation as well, but to be fair the fuel car isn't really worth $15k but about half that due to the high cost of hydrogen. I'm hoping the price of fuel comes down over the next few years as more hydrogen cars hit the road.

Totally agree. Let's hope H2 prices will eventually come down.
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Joined Jun 2012
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Original Poster
ExtremeOak
03-18-2021 at 02:32 PM.
03-18-2021 at 02:32 PM.
Quote from misbah_mahmood :
Appreciated your time for calculations and detailed analysis. Not interested now but the analysis is great help for future reference

Would love to take credit but this was from another user on Reddit. Linked in the post.
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JMBauer74
03-18-2021 at 02:35 PM.
03-18-2021 at 02:35 PM.
Quote from ddBqRvCpcFv6 :
Your Car Auto Advocate on youtube.

1. There is chip shortage so new car production is impacted

2. Honda and Toyota just announced stop or limited Usa production this year

3. This lack of cars drive the demand for fairly used car 2-3 year old to high. Used car price has been adding up.

If you are in the market for new car, used it will be hard this year. It's based on black book report. yCA Youtube channel can tell you more about it.

Don't know where you live and most of Americans live in country side with plenty of cheap gas and wide open roads. Prius might not be the best this there, but city folks like me hybrid cars been looking really attractive to me. I'm actually in LA BUT owning a fulecell car with limited station seems like a gamble🚗thete aren't that many in even LA AREA
This is actually a good time to get a new car. A lot of the dealers will be trying to clear inventory because of taxes. Might make a move at the end of the month when the sales peeps are going for quotas. Was actually looking at a Toyota 86 earlier. Think I would go with that over a hydrogen cell car.
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Joined May 2006
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> bubble2 25,541 Posts
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namlook
03-18-2021 at 02:35 PM.
03-18-2021 at 02:35 PM.
Don't buy if you live near Coalinga, CA. There one station there and the next closest one is 100+ miles.
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toiletpaper
03-18-2021 at 02:37 PM.
03-18-2021 at 02:37 PM.
CON: It is expensive to fill up. It is as expensive or even more than gasoline.
CON: Extremely limited fill up station.

There is no real advantage besides less pollution.
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CoffeeNTrees
03-18-2021 at 02:37 PM.
03-18-2021 at 02:37 PM.
You may want to buy stock in Plug Power
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nigerianscammerhello
03-18-2021 at 02:43 PM.
03-18-2021 at 02:43 PM.
Quote from ExtremeOak :
That's a great deal! Definitely more mainstream/versatile.
For me the extra $15K in fuel card and having fueling options near me tipped it in Mirai's favor. If I count the fuel card value, my cost is ~$8,500 after tax financed at 0% for 72 months.
This was my math. Reality is that the efficiency so far has not been up to 72 MPGe (closer to 55). So count the fuel card as about $10K in equivalent value to an ICE.

It's about a $12.5K re-badged Lexus with free financing.

No brainer for me as a city driver when I live near a hydrogen station. Bought one over the weekend. Pretty great for the price.
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