Toyota has some very good incentives ending tomorrow March 31
I've gotten multiple quotes from dealers in the NorCal region for a Prius Prime XLE 22,800 plus taxes and fees. The OTD price for me was 25,820 and I could save 750 by signing up for uber, so about 25,070 basically 25000 OTD. I'm still deciding if I want to buy it but thought i'd share the deal. This can most likely be replicated in SoCal.
There is a 4500 federal tax credit if you qualify and also a 1000 rebate from the state.
If you pay atleast 4500 in federal taxes then this is an amazing deal because its basically 25000-4500-1000= $19500 for a brand new 2021 XLE Prius Prime which is leather and has a 12 inch screen and a 25 mile battery that charges in under 6 hours using a normal 120v port. The car also comes with a HOV sticker for 4 years and the typically toyota care for 2 years covering service.
Looking at Carvana and Carmax the trade in value for a 2020 Prius Prime with 12k miles is a bit over 23k. So if you were to buy the car and drive it for a year and then trade it in you'd net a profit of 2500-3500 depending on having to return the 1k rebate to the state since that requires 30 months of ownership but that may be prorated as well. So on avg a 3k profit to drive the car for one year or a free car to drive for 2 years after tax incentives isn't a bad deal.
It did take me awile to find the lowest dealer in my area but most were within $500-1000 of each other, which isn't much considering the tax incentives and the car basically paying you to drive it for a year.
Credit: goes to the other prius thread for the idea but that was for an LE and people stopped talking in there days ago.
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I'd rather have an Insight than a Prius.
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