Slickdeals is community-supported.  We may get paid by brands or deals, including promoted items.
Sorry, this deal has expired. Get notified of deals like this in the future. Add Deal Alert for this Item
Frontpage

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
457,791 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/
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+296
457,791 Views
$23,100
$52,408.00

Community Wiki

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

Your comment cannot be blank.

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

Sign up for a Slickdeals account to remove this ad.

Joined Jun 2009
L8: Grand Teacher
> bubble2 3,859 Posts
579 Reputation
LeviathanUltima
03-19-2021 at 07:55 AM.
03-19-2021 at 07:55 AM.
Quote from berkeflea :
I make $600K/yr, would I get the 8k tax credit? 👹
Only if you paid 8K in federal taxes. If you made 600K/yr and somehow did not pay $0.01 in taxes, then no you won't get anything. But if you paid 8K or more in taxes, you'll get 8K back. If you paid 5K?, you get 5K back.
2
Like
Funny
>
Helpful
Not helpful
Reply
Joined May 2007
L INFINITY: GOD
> bubble2 992 Posts
229 Reputation
KingDeuceOff
03-19-2021 at 07:58 AM.
03-19-2021 at 07:58 AM.
I mean the biggest draw for me to EV is that I can charge at night at home. You don't have to go out of your way to a gas station, or way out of your way for a hydrogen station.

If you live/work literally next door to an existing station maybe? But if the closest station is even five minutes out of the way I don't see a great reason to go this route.
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined Apr 2018
L3: Novice
> bubble2 124 Posts
38 Reputation
avgjoe2000
03-19-2021 at 08:26 AM.
03-19-2021 at 08:26 AM.
Quote from wpc :
the catch is hydrogen is not catching on and you can't fill up anywhere. I was waiting and waiting for one of the "planned" hydrogen stations to open near me and eventually gave up this year and bought a plugin hybrid instead.

Toyota took much time to get Hydrogen Fuel car to market. It might not even take off because of EVs.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jul 2012
L3: Novice
> bubble2 155 Posts
30 Reputation
zctlve0
03-19-2021 at 08:51 AM.
03-19-2021 at 08:51 AM.
Quote from NukinFuts :
Holding-out for a car burning methane.

Holding out for a nuclear fission powered Toyota
Like
Funny
>
Helpful
Not helpful
Reply
Joined Aug 2005
L4: Apprentice
> bubble2 346 Posts
196 Reputation
kingburrito
03-19-2021 at 08:56 AM.
03-19-2021 at 08:56 AM.
To all the folks saying why not electric when it's so easy to charge at home? A lot of us aren't able to do that... I rent near a beach and was specifically told no electric cars allowed (even though I have a private garage I think it's not wired to our meter, so whatever we use in the garage they'd get charged for).

I was genuinly interested in this even with a station 20-25 minutes away... But I want a hatchback and apparently in this you can't even fold the back seats down?? Not one person who surfs is going to buy this... And that's not an insignificant segment when the thing's only viable in Southern California and the Bay Area.

Bring back the Volt!
Like
Funny
>
Helpful
Not helpful
Reply
Last edited by kingburrito March 19, 2021 at 09:01 AM.
Joined Jun 2010
L9: Master
> bubble2 5,150 Posts
793 Reputation
wpc
03-19-2021 at 09:26 AM.
03-19-2021 at 09:26 AM.
Quote from alb1981 :
Indeed, limited locations
https://afdc.energy.gov/data/10370
wow i've never seen this map and it's pretty sad
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jun 2010
L9: Master
> bubble2 5,150 Posts
793 Reputation
wpc
03-19-2021 at 09:26 AM.
03-19-2021 at 09:26 AM.
Quote from mingmei :
i got myself a clarity phev 5 months ago hah
same same
Like
Funny
>
Helpful
Not helpful
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Jul 2005
1 step ahead of da law
> bubble2 1,918 Posts
1,033 Reputation
Hounded
03-19-2021 at 09:26 AM.
03-19-2021 at 09:26 AM.
Quote from sushlet :
Let me do some calculations to justify possibly buying this:

~$34k after taxes (+/- $1k?)
Take off $8k for Federal tax credit
Don't think I get any CA state rebate (I make over the income limit)

So that's $26k for just the car.

I get free fuel for 3 years (I'll never hit the free $15k limit considering how less I drive). If I consider how much I spend on gas (8k miles/year, $4/gal, 25mpg) over 3 years, I'd have spent $4k on gas.

Effectively, the Mirai is a $22k car for me with the amount of fuel costs I would save from a gas car.

Then if after 4 years it's worth ~$9k (according to previous Mirai depreciation, reminder that previous Mirai has a much higher MSRP).

A 2017 Camry SE with 30k miles is worth $15k (from $27k new, after tax).

If I sold both of the at the 4 year mark:
* Mirai costed me originally $22k, sold for $9k
* Camry costed me originally $27k, sold for $15k

It seems to be trading the more luxurious cabin with refueling convenience at this point as the cost of ownership seems to be within several thousand of a Camry.

Tell me if I got anything wrong! I'm genuinely considering buying one but I've been on the fence for a week now.
Consider the dollar value of your time spent refueling. At $50/hour salary & 45 minutes going out of your way to find a station & possibly wait in line.. it will cost you $5,850 in lost time over 3 years. ($50 x .75 = $37.50 $37.50 x 52 weeks (fill up once per week) = $1,950 x 3 years = $5,850 )
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined Oct 2019
L3: Novice
> bubble2 117 Posts
18 Reputation
TenseVest783
03-19-2021 at 09:28 AM.
03-19-2021 at 09:28 AM.
Quote from zonedeal :
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.
One more question, which dealer did you go to?
I'm looking at finding a similar deal like yours in the Los Ángeles area
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jul 2019
L1: Learner
> bubble2 20 Posts
10 Reputation
AndyP24
03-19-2021 at 09:28 AM.
03-19-2021 at 09:28 AM.
Quote from Ponzi :
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

I purchased one last Monday for $33,000 OTD. If you still want it, DM me, I will let you the contact there.
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined Aug 2011
L3: Novice
> bubble2 237 Posts
153 Reputation
conqoror
03-19-2021 at 09:32 AM.
03-19-2021 at 09:32 AM.
nm ev tax credits are indeed non refundable..
Like
Funny
>
Helpful
Not helpful
Reply
Last edited by conqoror March 19, 2021 at 09:35 AM.
Joined Mar 2007
L6: Expert
> bubble2 1,419 Posts
362 Reputation
l0l
03-19-2021 at 09:34 AM.
03-19-2021 at 09:34 AM.
Quote from zulloj :
Nikola is building a hydrogen corridor from Phoenix to LA, which will have filling stations all along the way, so eventually you will be able to take a road trip. Not sure if hydrogen will ever be widely accepted, but I sure hope so since it is the most environmentally friendly and truly renewable
LOL. I hope that it is all downhill from LA to Phoenix, because that is how Nikola semi works.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jan 2015
New User
> bubble2 7 Posts
10 Reputation
rampanthawaiian
03-19-2021 at 09:35 AM.
03-19-2021 at 09:35 AM.
I wonder if you can run openpilot on it. That would make it the ultimate commuter.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jul 2019
L1: Learner
> bubble2 20 Posts
10 Reputation
AndyP24
03-19-2021 at 09:36 AM.
03-19-2021 at 09:36 AM.
Quote from ExtremeOak :
This is true, the dealership I went to did have used Mirai's at $12k-$13k w/ the $15k fuel card. That may be the true slick deal.

For me, I wanted the new 2021 Mirai for what it offered. It's a really nice car.

Agreed. Really nice car especially the supersonic red color. I bought one last Monday for $33,000 OTD 😄
1
Like
Funny
>
Helpful
Not helpful
Reply

Sign up for a Slickdeals account to remove this ad.

Joined May 2010
L3: Novice
> bubble2 110 Posts
38 Reputation
zonedeal
03-19-2021 at 09:37 AM.
03-19-2021 at 09:37 AM.
Quote from TenseVest783 :
One more question, which dealer did you go to?
I'm looking at finding a similar deal like yours in the Los Ángeles area
PMed you the info.
1
Like
Funny
>
Helpful
Not helpful
Reply
Page 19 of 87
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.