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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 Jun 2016
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> bubble2 48 Posts
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berkeflea
03-19-2021 at 12:23 AM.
03-19-2021 at 12:23 AM.
Quote from emaij :
Supercharger in socal is 35 cents per kwh. I average 316 wh/mi. Or 126400 wh/400miles or 126.4 kwh/400 or $44.24 for 400 miles. Which is about what I was paying for my 50 mpg honda hybrid.
You don't have an L2 charger at home? I'm in the Bay Area, on the EV-A rate plan. About $0.15/kw if I charge after 11pm.

Yes, Superchargers are about the same price as gas, usually a little cheaper though. Unfortunately, for people without home or free work charging, driving an EV isn't as cheap.
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Joined May 2010
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> bubble2 110 Posts
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zonedeal
03-19-2021 at 12:23 AM.
03-19-2021 at 12:23 AM.
Quote from mgoceri :
I may consider referral what is the benefit of it? Thanks, also which Toyota was that Steven creeks where I live close by

DMed you.
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Joined Oct 2019
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TenseVest783
03-19-2021 at 12:35 AM.
03-19-2021 at 12:35 AM.
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
Can you please share how much you put down and what your monthly payments are? Assuming is 72 months. Thx
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Joined Jul 2018
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marcodiaz04
03-19-2021 at 12:36 AM.
03-19-2021 at 12:36 AM.
Quote from ElvisIsNOTAlive :
Hi @marcodiaz04,

What would be the benefit of putting down a large initial payment if there's 0% APR (and I'm assuming there must be some type of auto-pay mechanism involved so we don't have to remember due dates)?

Thank you.
Is not that there is a benefit, normally the lenders impose higher restrictions to people on Visas due to the fact that they are suppoused to be in the US for X amount of time

normally if that time is less than the term on the loan (my case) is either not approved (unless big banks) or they will ask for a larger down payment / bigger monthly payments

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Joined May 2010
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zonedeal
03-19-2021 at 12:41 AM.
03-19-2021 at 12:41 AM.
Quote from TenseVest783 :
Can you please share how much you put down and what your monthly payments are? Assuming is 72 months. Thx
Any auto loan calculator can help you get the math right Smilie
For our case, OTD price is 33k. 8k down and 25k on 0% loan for 72 months, comes to 347 monthly payment.
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Joined Jan 2013
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jm2840
03-19-2021 at 01:01 AM.
03-19-2021 at 01:01 AM.
too ugly, wouldnt be caught dead in that thing
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> bubble2 5,491 Posts
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Truth-Serum
03-19-2021 at 01:06 AM.
03-19-2021 at 01:06 AM.
Quote from cordycep :
Cali registration are expensive.... about $800 a year for 50K car. Even if it depreciate 80% of it value in 3 years.

Time to get out of Cali...
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th3g3ntl3man
03-19-2021 at 01:24 AM.
03-19-2021 at 01:24 AM.
Quote from alseTrewoP :
can you drive from LA to SF in these
Yes, if there's hydrogen at the Coalinga station. You can check this at https://cafcp.org/stationmap

The distance between the Mission Hills station and Coalinga is 177 miles and Coalinga to San Ramon is 175 miles so it should be no trouble.
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th3g3ntl3man
03-19-2021 at 01:29 AM.
03-19-2021 at 01:29 AM.
Quote from zonedeal :
Price breakdown: The car we got is XLE + advance tech package with MSRP 52.3k, negotiated 5k off MSRP. This comes to 47.3k
I wish I would have read this before buying mine. I paid $50,000.
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th3g3ntl3man
03-19-2021 at 01:30 AM.
03-19-2021 at 01:30 AM.
Quote from TenseVest783 :
The other items I will consider, are the cost of insurance and registration. Both of these items are going to be higher (twice as much) for the Mirai vs the Camry.
My insurance when up $80 a month when I added the Mirai.
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th3g3ntl3man
03-19-2021 at 01:32 AM.
03-19-2021 at 01:32 AM.
Quote from ToolDeals :
Sounds like it might be a great candidate to switch back to gasoline.... When one cannot obtain hydrogen and it does not appear like electric is going to take a backseat with VW now coming on strong with partners to compete with Tesla that is all in house, what are you going to do with this?

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.
What on earth are you talking about?
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th3g3ntl3man
03-19-2021 at 01:33 AM.
03-19-2021 at 01:33 AM.
Quote from Juggernaut_510 :
I went to Toyota website and quote came out to $53,000 in the San Francisco Bay Area.
There's a $20,000 cash incentive, which brings it down to $33,000.
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buzz86us
03-19-2021 at 01:44 AM.
03-19-2021 at 01:44 AM.
Quote from AViciousTurtle :
I imagine large scale trucks are what's going to keep hydrogen in play. It would take forever to charge up a truck that has to drive cross country and wait hours between fill ups. The great part of hydrogen is fill and go, just like gasoline. People didn't think electric would beat out gas, but look where we are today.

The charging problem will be solved when autonomous driving reaches fruition in the end charging will be less time than what the driver needs for their rest period
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ToolDeals
03-19-2021 at 01:59 AM.
03-19-2021 at 01:59 AM.
Quote from th3g3ntl3man :
What on earth are you talking about?
Eavesdropping and feeling left out? .... lol... You saw who I was responding to and it was not you. Smilie

Meanwhile, $200 Million in taxpayer dollars have went towards the few stations to supply fuel for the hydrogen cars in just California..... that will require a minimum of $10 Billion for just the major cities. There is a reason why they are trying to 'give' these cars away..... and no guarantee you can find the fuel in the coming future.

Meanwhile, as a fuel, electric is much more cost effective if you charge at home. If at a charging station, it is at least double, that is still cheaper than hydrogen.
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jbatzmaru
03-19-2021 at 02:48 AM.
03-19-2021 at 02:48 AM.
not sure if this has been said but.... buy it used. it is only 10K and you get a 15k fuel card.
big con is that the fueling takes a looooooooooooong time. I am not sure why but that is what I read in another forum. Could be that there is only 1 pump and it is always down or there might be a long line of people or ??????????
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