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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
464,376 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:

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
464,376 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 Dec 2008
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HunkaBurninLove
03-18-2021 at 06:33 PM.
03-18-2021 at 06:33 PM.
This style looks sooooooooo much better than the (first) one released in 2016/2017 (can't remember when I first saw it at the dealership).
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MKB3921
03-18-2021 at 06:45 PM.
03-18-2021 at 06:45 PM.
Wait until there's an issue with the H2 supply like what happened a year ago and your nightmare begins. You will be making payment on a car that you cannot use and many of us clarity fuel cell and Mirai owners have gone through that. Good luck and I am staying away from H2 cars entirely due to the poor infrastructure.
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supercoolman
03-18-2021 at 06:48 PM.
03-18-2021 at 06:48 PM.
Quote from ExtremeOak :
California $4500 is a "rebate" first come first serve (with income restrictions $300k for married filing joint) and Federal $8,000 is a tax credit.
was just having some questions

thanks for the clarification

anyways, need to work up income to be able to afford Mirai even at this price. maybe next year
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porky
03-18-2021 at 06:52 PM.
03-18-2021 at 06:52 PM.
Quote from berkeflea :
In CA at least, it's around $17/kg.
https://cafcp.org/content/cost-re...t%20(p17).

This YT explains the wheel to wheel inefficiencies of hydrogen. It's something like 4kw in = 1kw out. Where a battery EV is about 4kw in = 3 kw out. This is why it hasn't taken off.
https://www.youtube.com/watch?v=f7MzFfuNOtY
So how many miles does a Mirai drive on kilo of hydrogen? And what does it translate to cents/mile?

A typical EV averages 4mi/kWh or 5 cents a mile. A typical sub-compact like a Corolla, about 10 cents a mile.
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ddBqRvCpcFv6
03-18-2021 at 06:56 PM.
03-18-2021 at 06:56 PM.
https://www.google.com/amp/s/driv...norway/amp

Love the design and the price... I'm in LA so I can get one.... But I'm scared about the possible fire.
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wisebrat
03-18-2021 at 06:57 PM.
03-18-2021 at 06:57 PM.
Quote from th3g3ntl3man :
For the federal credit, you have to owe at least $8k in federal taxes to get the full benefit.

Thanks. But how about taxes deducted from payroll where by the year end more than 8k is already deducted.
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DoobieBrother
03-18-2021 at 07:12 PM.
03-18-2021 at 07:12 PM.
Quote from th3g3ntl3man :
For the federal credit, you have to owe at least $8k in federal taxes to get the full benefit.
Sh*t .. Yea your right.. this does not work if you take a standard deduction.. I am all in on fuel cell for on earth and farther. I want one, but I want it to work out.. When this tech is basic is when we explore the universe.
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Last edited by DoobieBrother March 18, 2021 at 07:17 PM.

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JohnD1987
03-18-2021 at 07:17 PM.
03-18-2021 at 07:17 PM.
Quote from DoobieBrother :
Sh*t .. Yea your right.. this does not work if you take a standard deduction.. I am all in on fuel cell for on earth and farther. I want one, but I want it to work out.. When this tech is basic is when we explore the universe.
Owing taxes or getting a refund when you file your taxes is not the same as your tax liability. If you filled a 1040 last year, check line 16, if this is more than 8k and you didn't get any or tax refund credits, you will get the full rebate assuming your situation has not greatly changed
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jimx200
03-18-2021 at 07:31 PM.
03-18-2021 at 07:31 PM.
Quote from Arcanlaw :
Tell that to my Model 3 that has been charged by the panels on my roof for the last 30k miles.
Haha..good one.
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The_Love_Spud
03-18-2021 at 07:43 PM.
03-18-2021 at 07:43 PM.
Quote from th3g3ntl3man :
You can buy a 2017 Mirai for about $10k.
Can't believe it hadn't occurred to me to look up cars.com for CPO listings. There's clearly a discount market out there (though it is fair to note that older, first-generation models fall under the much smaller "rebadged Prius/Corolla" platform complaint lodged at some point in the thread).

Also glad to learn from those listings that FCV have largely fallen under similarly generous warranty requirements given to Toyota hybrid vehicles (so no obvious unique FCV repair costs for a reasonable period).

With only one listing to go by in the current generation/series, the deal in this thread actually aligns painfully well with typical Toyota pricing in the sense that this puts the brand new 2021 in the same range as a used 2020 [cars.com]! A bargain for what you're getting, if what you're seeking is an FCV...

Good luck!
Jon
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Jamesj562
03-18-2021 at 07:51 PM.
03-18-2021 at 07:51 PM.
Is the tax credit fully refundable or only applies towards taxable income?
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alseTrewoP
03-18-2021 at 08:06 PM.
03-18-2021 at 08:06 PM.
can you drive from LA to SF in these
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jacksson
03-18-2021 at 08:16 PM.
03-18-2021 at 08:16 PM.
Haha closest hydrogen filling station for me is 600 miles away, I know the OP stated for LA San Fran but was curious. Closest filling location to NJ is in Quebec. CA may have a lot of quirky laws and taxes but if not for their lead we'd still be driving with leaded fuel getting 7 MPG
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dragonwang
03-18-2021 at 08:25 PM.
03-18-2021 at 08:25 PM.
I previously owned the last generation of Mirai and let me tell you - wait until there's a hydrogen shortage again, then you will truly feel what "range anxiety" feels like...
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Original Poster
ExtremeOak
03-18-2021 at 08:37 PM.
03-18-2021 at 08:37 PM.
Quote from tai_son :
You can't get the $4500 CA rebate and $8000 federal tax at the same time. To get CA $4500 rebate, you have to be in low income, then you wouldn't pay $8000 federal tax in the first place, you probably paying maybe like $4000 federal tax, then you can only get $4000 federal tax back.

California rebate is limited to $300k for married filing joint, hardly "low income". See the resources listed at the bottom of the post.
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