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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)
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.
Deal Details:
- 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.
Deal Details:
- Visit your local eligible Toyota Norcal Dealer [Dealer Locator]
- 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.
- Apply for and purchase a qualifying model with prices starting from ~$50,408 (may vary by location)
- Toyota Cash Discount will deduct $20,000 from your total
- You will receive a $4,500 CA Tax Credit (more info)
- You will receive a $8,000 Federal Tax Credit (more info)
- You will also receive a Complimentary Fuel Card valid for up to 2 years or $15,000 of fuel (more info)
- Your total after incentives and tax credits will be as low as $23,108 and will vary depending on your location and model selection.
Original Post
Written by
Edited March 20, 2021
at 12:06 AM
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.
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:
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.ht
California Clean Vehicle Rebate $4500 for Mirai
https://cleanvehiclereb
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/
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.
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.
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.ht
California Clean Vehicle Rebate $4500 for Mirai
https://cleanvehiclereb
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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Last Edited by jnads
March 24, 2021
at
02:42 PM
1,303 Comments
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Featured Comments
"The income cap applies for all eligible vehicle types except fuel-cell electric vehicles."
Source: cleanvehiclerebate.org/eng/requirements/1470
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Even the investing community sees little future for FCV cars. They do see a possible future for trucks, ships, planes, trains, etc..., but not cars. Just that battery EVs solve that problem pretty well.
https://www.cnbc.com/2020/10/09/j...rogen.html
https://forum.leasehack
Got booked for the 2021 Mirai from BayArea dealership and waiting for the car to be delivered next week. We have finance option and are planning to keep it for next 5-6 years.
Feel free to PM if you need a referral for lease/purchase.
https://www.toyota.com/mirai/referral/
I negotiated 33k OTD financed at 0%/72 months for the XLE + tech package and pre-installed accessories. This is before the rebates and credits that we all qualify for. I thought I got a stellar deal but my family members were able to do even better! YMMV depending on sales tax zip code, dealer doc fees, etc. We figured that as long as the H2 pumps are around for the next 6 years (or life of the fuel card), the car can be worth $0 at the end of the 72 month 0% interest finance, and it would have served it's purpose.
Initial impressions: Luxurious and comfortable ride at the cost of interior space. This is strictly a work commuter vehicle for me so space is not a concern. I've been commuting 40 miles round trip in a Stinger GT2 so it's my only comparison. For the standard 5 days a week commuting in Socal traffic, I realize I prefer the signature plain Jane Toyota/Lexus sedan experience over a high horsepower, sporty sedan. I also prefer the silence of the fuel cell motor over the exaggerated combustion engine sounds of the GT2, especially in "Sport mode" the piped engine noises become somewhat obnoxious (to me at least).
Tech wise, the Mirai XLE has about the same bells and whistles as the GT2. Some differences here and there but about equal all things considered. The GT2 sound system is significantly better than the Mirai to my ears and probably the one thing I'll notice when swapping between the two cars. I haven't played around with the Mirai audio settings, but it lacks the soundstage and warmth that I'm used to with the GT2.
Build wise, the Mirai feels very well assembled given that it's one of the few Toyotas assembled in Japan. I realize this could be my personal perception of Japanese manufacturing though. Perhaps it's a new car thing, but the Mirai chassis feels taut behind the wheel compared to the GT2. Some parts of the Mirai feel very budget conscious while other parts have a high end feel. For example, the trunk and glove box in the Mirai feel like they're imported from a no frills Corolla, but all 4 doors feel premium as you would expect from a Lexus sedan.
All told, I intend to keep the GT2 and relegate it to the spirited weekend driver it was meant to be and daily drive the Mirai. Having two vehicles will alleviate the anxiety of H2 pumps going down for extended periods. I most likely would not have purchased this if it were to be my only vehicle. I have read that Toyota has taken great care of Mirai owners by fully covering rentals during weeks/months long H2 shortage for what it's worth.
Regarding insurance, YMMV, I was quoted 800/year through Costco/Ameriprise for 100/300k coverage for my driving habits. Includes $8 premium per 6 months for Costco's version of Gap coverage that replaces the vehicle in the event of a total loss.
I have no idea the cost per mile driven to produce hydrogen, but electric is relatively cheap... and both still require the so called fossil fuels intended to replace. There are so many wind generators broken and shut down across the country, without further taxpayer funding, they are just part of the landscape. Solar is great, but got to have sun... and none at night when people are charging their cars.
I stand corrected!
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I live in bay area and I'm interested in the car, I can put a large down payment (as long as I can take advantage of the 20K for using their finance service)
Seems like a good deal and the car looks really nice
I'm about to finish my 3 year lease on my VW Jetta and if I can get this deal I will just return the car
For the post that I'm replying to, did you mean that the "income restrictions $300k" part does not apply for buying this 2021 Mirai, correct?
How does the availability of the Mirais and different colors from what you've learned?
Thank you.
I live in bay area and I'm interested in the car, I can put a large down payment (as long as I can take advantage of the 20K for using their finance service)
Seems like a good deal and the car looks really nice
I'm about to finish my 3 year lease on my VW Jetta and if I can get this deal I will just return the car
In your OP, I saw the following.
which is probably referring to
from Apply for a rebate | Clean Vehicle Rebate Project https://cleanvehiclereb
For the post that I'm replying to, did you mean that the "income restrictions $300k" part does not apply for buying this 2021 Mirai, correct?
How does the availability of the Mirais and different colors from what you've learned?
Thank you.
Yes. You are correct, there is no income restriction on the Mirai for the California rebate BUT it is first come first serve until the fund runs dry AND there is currently about a 3- 4 month turnaround time on the rebate.
As far as availability, I've seen the larger dealerships have a good selection. I wouldn't worry about availability. The only concern is that the $20k manufacturers rebate ends by the end of the month.
As far as availability, I've seen the larger dealerships have a good selection. I wouldn't worry about availability. The only concern is that the $20k manufacturers rebate ends by the end of the month.
I wonder if the dealerships will still have them a few days before end of month when I'll return to Bay Area. Maybe they'll be even more motivated to sell if that coincides with their month/quarter end.
Also, can you share more about the deal you got. How much down and how much per month over how many months? Thx a lot
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"The income cap applies for all eligible vehicle types except fuel-cell electric vehicles."
Source: cleanvehiclerebate.org/eng/requirements/1470