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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
464,201 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
464,201 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 Nov 2017
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> bubble2 305 Posts
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jdouglas22
03-18-2021 at 08:45 PM.
03-18-2021 at 08:45 PM.
Not sure if anyone realized it or not, but this was technically another "format" war. The Japanese car co's. were developing hydrogen, but I think ultimately they underestimated Elon. I believe Toyota scoffed at the idea of an electric car, and elon said hydrogen is B-S. It's sad in my opinion, wish there was 2 fueling options -hydrogen and electric. But it appears that hydrogen is going to the wayside.
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Original Poster
ExtremeOak
03-18-2021 at 09:16 PM.
03-18-2021 at 09:16 PM.
Quote from alseTrewoP :
can you drive from LA to SF in these

Technically yes as there is a filling station in the middle but there are cases when the stations go offline. Personally I wouldn't take that type of risk.
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FubarActual
03-18-2021 at 09:17 PM.
03-18-2021 at 09:17 PM.
This is a slick deal if you live in So Cal, but oh the humanity!
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Joined Sep 2006
L7: Teacher
> bubble2 2,218 Posts
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hpark21
03-18-2021 at 09:20 PM.
03-18-2021 at 09:20 PM.
Quote from wisebrat :
Thanks. But how about taxes deducted from payroll where by the year end more than 8k is already deducted.
8k deducted <> 8k tax owed.

Why is this so difficult for people to understand?

IF you get 8k deducted or even 9k deducted, but if your tax return results in IRS sending you like 4k, then you only owe $4 or 5k so you can NOT fully take advantage of 8k tax credit.

You have to OWE more than $8k in taxes at the end of the tax filing (normally without taking EV/Hydrogen credit) to take credit.
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.
Really? I am not an accountant, but I THOUGHT the EV/Hydrogen tax credit (even most OTHER tax credits) is not affected by standard deduction. As long as you actually OWE more than $8k in taxes you should get the full benefit. Of course, check with your accountant/tax software though.
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alphakp295
03-18-2021 at 09:26 PM.
03-18-2021 at 09:26 PM.
Quote from th3g3ntl3man :
That's the current price of hydrogen. However, ammonia (NH3) is manufactured cheaply and can be converted to H2 at the pump. The price producing is that way is $3-$4 per kg.

https://www.ammoniaenergy.org/art...e-ammonia/

That's the time that I will definitely jump to fuel cell vehicle.
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ToolDeals
03-18-2021 at 09:37 PM.
03-18-2021 at 09:37 PM.
With the tax credits usable and free fuel for 50,000 miles, it sounds like a cost of about 50 cents a mile investment with potentially little to no resale value.

By then, someone will have a conversion back to reliable gasoline....

Running the numbers, a low end Toyota or Honda gas model (that have always retained great resell) is probably more cost effective and without the hassle of finding fuel.... if you can.
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SanDiegoLeo
03-18-2021 at 09:37 PM.
03-18-2021 at 09:37 PM.
Quote from BrokePanda :
I just bought a 2021 Prius Prime for $17727 after tax and all rebates. Rather drive this than a Mirai.

Where was that deal
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DoobieBrother
03-18-2021 at 09:47 PM.
03-18-2021 at 09:47 PM.
Ok I guess my point needs to be more direct.. It needs to be the price after all the tax credits, out the door to get it to the masses.. If I were looking for new and I could control the fuel costs, I would have to stop and think about it. It is so fascinating a Midwesterner like me forgot that hydrogen is in development.


But do not get me wrong.. I am knee jerk against batteries.. the tech fascinates me..
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Juggernaut_510
03-18-2021 at 10:03 PM.
03-18-2021 at 10:03 PM.
I went to Toyota website and quote came out to $53,000 in the San Francisco Bay Area.
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Juggernaut_510
03-18-2021 at 10:03 PM.
03-18-2021 at 10:03 PM.
Quote from SanDiegoLeo :
Where was that deal
Don't feed the trolls......
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nigerianscammerhello
03-18-2021 at 10:08 PM.
03-18-2021 at 10:08 PM.
Quote from Juggernaut_510 :
I went to Toyota website and quote came out to $53,000 in the San Francisco Bay Area.
Less $20K from Toyota
Less $8K from federal tax credit
Less $4.5K from California rebate

Then Toyota throws in $15K of hydrogen fuel on top of that to be spent in the next six years.

And six year 0% financing so it's not like you're out of pocket or paying interest while you're waiting for these rebates/credits.
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nigerianscammerhello
03-18-2021 at 10:10 PM.
03-18-2021 at 10:10 PM.
Quote from ToolDeals :
With the tax credits usable and free fuel for 50,000 miles, it sounds like a cost of about 50 cents a mile investment with potentially little to no resale value.

By then, someone will have a conversion back to reliable gasoline....

Running the numbers, a low end Toyota or Honda gas model (that have always retained great resell) is probably more cost effective and without the hassle of finding fuel.... if you can.
A low-end Toyota is going to feel like a low-end Toyota. This car is built at the Lexus plant in Japan. It's basically a Lexus that got a Toyota badge. https://www.carsguide.com.au/car-...car-report
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nigerianscammerhello
03-18-2021 at 10:13 PM.
03-18-2021 at 10:13 PM.
Quote from ExtremeOak :
California rebate is limited to $300k for married filing joint, hardly "low income". See the resources listed at the bottom of the post.
Not true. There's no income cap at all. "The income cap applies for all eligible vehicle types except fuel-cell electric vehicles." https://cleanvehiclerebate.org/en...20vehicles.
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couches200000
03-18-2021 at 10:19 PM.
03-18-2021 at 10:19 PM.
Slickdeal will be when one of you suckers sell me one of these to me for dirt so I can rebuild it to be something remotely practical.
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mgoceri
03-18-2021 at 10:27 PM.
03-18-2021 at 10:27 PM.
Quote from zonedeal :
I just noticed there is a thread about this in SD, and wanting to share our case in San Jose. We saw the 2021 Mirai deal on last Wednesday, and picked up the car on Friday. We opted to finance and not lease since we are planning for 5-6 years on this car.

Price breakdown: The car we got is XLE + advance tech package with MSRP 52.3k, negotiated 5k off MSRP. This comes to 47.3k + tax minus 20k Toyota rebate and took advantage of the 0% 72month finance offer. With both 8k Fed tax credit and 4.5k CA rebate accounted for, our out the door price is about $19.5k. In addition, we received the 15k fuel card for 6 years (purchase) and 21 free rental days within 3 year. The car comes with 3 years/35000 miles of ToyotaCare maintenance for free.

Use case analysis: The car will be used mainly for work commute and occasional day trips to Napa or Big Sur, and we have a Tesla plus a gas car in the household. Also, there are 3 hydrogen stations within 5 miles with couple more in permit phase. The nearest station is
I may consider referral what is the benefit of it? Thanks, also which Toyota was that Steven creeks where I live close by
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