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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
456,616 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
456,616 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 2016
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th3g3ntl3man
03-21-2021 at 05:16 PM.
03-21-2021 at 05:16 PM.
Quote from mjt49 :
This deal seems dead in SoCal unless you're willing to pay near MSRP: only 1 dealer got back to me in the past 24 hours, and they were unwilling to budge more than $1K from MSRP (>$56K OTD). Anyone else having better luck? Seems that just a few days ago folks were getting $50K to $53K OTD.
I bought mine right after the original Reddit post and got $2k off MSRP ($50k came out to a little less than $36k OTD). Little disappointed I didn't get the $4-5k off other people have got, but it's still a great deal either way.
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th3g3ntl3man
03-21-2021 at 05:18 PM.
03-21-2021 at 05:18 PM.
Quote from RBA :
Closest proposed station near me (San Marcos, CA) is 19 minutes away (carmel valley/racho bernardo). But there is one on my way to and from work on the I-5 in Orange County. If they really want people to buy these they need a few on the I-15 to Vegas and 3 or 4 in Vegas (at least South Las Vegas so people an top off when arriving and leaving)
That's why Toyota is giving such a huge discount - they need the cars on the road to create demand for new fueling stations.
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KenEsq
03-21-2021 at 06:34 PM.
03-21-2021 at 06:34 PM.
Quote from D_zee315 :
Or since it's still early in the year, ask your employer to reduce your tax contribution to force that you owe taxes. Put that money aside that would normally go to taxes so that it's ready (or growing for the year). Then reap the benefit of the tax credit.
That won't increase your taxes, it will increase the amount of the payment you owe. Those are two different things. At the end of the year you calculate a taxes owed amount and then subtract the amount you have already paid in. The difference is your payment/refund.

A tax credit goes against the total amount of taxes you have to pay. If you have other tax deductions or credits that lower the total amount you owe below $7500 you will not get the full benefit of the tax credit being discussed here.
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Blindman
03-21-2021 at 07:12 PM.
03-21-2021 at 07:12 PM.
Has anyone fill a tank and how much did it cost? Or how much per Kg currently?
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Last edited by Blindman March 21, 2021 at 07:29 PM.
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TenseVest783
03-21-2021 at 08:16 PM.
03-21-2021 at 08:16 PM.
Quote from Blindman :
Has anyone fill a tank and how much did it cost? Or how much per Kg currently?
It is around $16.99/kg
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cupertino
03-21-2021 at 08:30 PM.
03-21-2021 at 08:30 PM.
Quote from ExtremeOak :
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
Is the California & Federal rebate apply for purchasing or lease?
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TenseVest783
03-21-2021 at 08:40 PM.
03-21-2021 at 08:40 PM.
Quote from cupertino :
Is the California & Federal rebate apply for purchasing or lease?
CA applies to both. Federal is for purchase only.
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Zerosvn
03-21-2021 at 09:40 PM.
03-21-2021 at 09:40 PM.
I was browsing the Chevy Bolt thread when I heard about this deal.
After a few days of research, I took a test drive then pulled the trigger last week.

I absolutely love the car and this is a bonkers deal.

I did a blog post where I pulled together everything I learned about the car and the deal. I also added my first fueling experience.
http://www.zr07.com/2021/03/2021-...lexus.html

I hope the info helps some of you make your choice. This is a niche car so it's not for everyone, but there's a lot of benefits if you can deal with the issues of owning a hydrogen car.
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Last edited by PassiveX March 21, 2021 at 09:47 PM.
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Zerosvn
03-21-2021 at 09:42 PM.
03-21-2021 at 09:42 PM.
Quote from Blindman :
Has anyone fill a tank and how much did it cost? Or how much per Kg currently?
I just refueled last Thursday and it was $16.8/kg.
I went into more details on the refueling experience as well as cost comparison vs gasoline in my review (http://www.zr07.com/2021/03/2021-...lexus.html).
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Last edited by PassiveX March 21, 2021 at 09:45 PM.
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unskilledgamer
03-21-2021 at 09:48 PM.
03-21-2021 at 09:48 PM.
Quote from th3g3ntl3man :
One would need to burn approximately 1.77 million btu's (MBTU) of natural gas in a combustion turbine generate the electricity to power a battery EV for 300 miles on the EPA's 1.25X accelerated combined driving cycle. For a more efficient combined cycle gas turbine generator system, 1.18 MBTU's of natural gas would be required. But only 0.81 MBTU's of natural gas would be required to generate enough hydrogen to power a fuel cell EV for 300 miles. On a full cycle well to wheels basis, then, the hydrogen powered fuel cell electric vehicle is between 1.5 to 2.2 times more energy efficient than a battery EV in converting natural gas to vehicle fuel.

https://www.energy.gov/sites/prod...ry_evs.pdf

Forgetting the FUD and flat out wrong numbers, it's still a good thing we don't use much natural gas for electricity generation.

In a world where all electricity comes from gas I suppose hydrogen would start to make some sense.
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TenseVest783
03-21-2021 at 10:06 PM.
03-21-2021 at 10:06 PM.
Quote from PassiveX :
I was browsing the Chevy Bolt thread when I heard about this deal.
After a few days of research, I took a test drive then pulled the trigger last week.

I absolutely love the car and this is a bonkers deal.

I did a blog post where I pulled together everything I learned about the car and the deal. I also added my first fueling experience.
http://www.zr07.com/2021/03/2021-...lexus.html

I hope the info helps some of you make your choice. This is a niche car so it's not for everyone, but there's a lot of benefits if you can deal with the issues of owning a hydrogen car.
Excellent blog. Thx for putting it together.
Can you speak about the cost and features of the extended maintenance package?
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Duke-GlobeTrotter
03-21-2021 at 10:25 PM.
03-21-2021 at 10:25 PM.
Due to my previous and continual reading about FCEV, my news feed is constantly updating me about and hydrogen EV articles. The most recent shows current and future hydrogen stations. Please absolutely do NOT use this information as part of your decision to purchase a FCEV.


https://fuelcellsworks.com/news/c...-1st-2021/

- Currently CA has 44 hydrogen fuel stations. These include hydrogen only but most of them are located at regular gas stations.
- 9 are in retail construction
- 39 retail permitting
-16 proposed
- 5 dual passenger and truck stations announced
- 72 retail funded but not in any development stages

So if you to the quick math of adding up the 44 existing partially workin hydrogen stations + 9 new + 39 permitted + 16 proposed + 5 dual + 72 funded = that equals to exactly 44!

That's 44 current and most likely the same number, or even LESS. I bought the 2021 Mirai with this in mind and not going to fool myself otherwise. If you haven't accepted this reality the please do NOT even consider buying this car. As a very few people have said in this channel, I test drove it, did my research, accepted the compromise of limited fueling stations, accepted the high risk of total depreciation, understand the total cost of ownership, and love the car.
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Last edited by Duke-GlobeTrotter March 22, 2021 at 08:13 AM.
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Zerosvn
03-21-2021 at 10:29 PM.
03-21-2021 at 10:29 PM.
Quote from TenseVest783 :
Excellent blog. Thx for putting it together.
Can you speak about the cost and features of the extended maintenance package?
Thanks. The extended maintenance pkg extends the free 3yrs to 6 for $2k more. So $667/yr for yrs 3-6. Not knowing how much the Mirai requires in maintenance, I think this is a good deal so I got it. I also got the paint protection for $700. This is a bit high but I think it's worth it. In fact, my bad luck already gave me a small nick (a dot really) on the front left after 3 days of driving. My paint protection isn't until next Wednesday sigh...Hopefully they can put a touch of white paint to cover it before they seal.
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Duke-GlobeTrotter
03-21-2021 at 11:03 PM.
03-21-2021 at 11:03 PM.
Quote from PassiveX :
I was browsing the Chevy Bolt thread when I heard about this deal.
After a few days of research, I took a test drive then pulled the trigger last week.

I absolutely love the car and this is a bonkers deal.

I did a blog post where I pulled together everything I learned about the car and the deal. I also added my first fueling experience.
http://www.zr07.com/2021/03/2021-...lexus.html

I hope the info helps some of you make your choice. This is a niche car so it's not for everyone, but there's a lot of benefits if you can deal with the issues of owning a hydrogen car.

Good blog. Thanks for the effort.
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tivoli
03-22-2021 at 01:02 AM.
03-22-2021 at 01:02 AM.
Quote from yazyazoo :
Thanks for finding that out.
Quote from riggedveda :
It's non-refundable, but your understanding of 'amount you owe' is incorrect. In tax terms, 'amount you owe' is the total net tax payment for the year calculated in your filing, regardless of what you already paid at the time of filing. As long as your calculated net tax is greater than 8K after all other credits, then 8K will be added to your tax refund.

It's generally not a good idea to have unpaid taxes beyond the end of the year. You'll incur unnecessary penalties and interest.
If you clam the child tax credit, check how this will affect how much tax you can offset with the EV credit, since " the child tax credit is a higher priority credit and will be deducted from the tax before the EV credit is deducted."

intuit forum [intuit.com]
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Last edited by tivoli March 22, 2021 at 01:08 AM.
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