Toyota Mirai: Affordable Luxury with Free Fuel Offer in California
Key Ideas
  • Toyota is offering significant discounts of up to 70% off the base price of the 2024 Mirai hydrogen fuel-cell sedan, making it more affordable for Californian residents.
  • Residents in Southern California can purchase the Toyota Mirai for as low as $17,005 with $15,000 worth of free fuel, while also receiving lease incentives of up to $7,500.
  • The current generation of the Mirai is described as a luxury car with comparable ride quality and features to Toyota's upmarket Lexus brand, aiming to improve the driving experience for consumers.
  • Despite the positives, the unreliable supply of hydrogen has contributed to slow sales of the Mirai, with only 499 units delivered in the U.S. in 2024, down from 2,737 in 2023.
Toyota has introduced a significant price reduction for its 2024 Mirai hydrogen fuel-cell sedan in California, specifically targeting residents in Southern California. The base XLE grade, usually priced at $51,285, is now available for $17,005, almost matching the cost of the cheapest gasoline-powered car in the market. Additionally, customers in this region can benefit from up to $15,000 in free fuel and lease incentives of up to $7,500. The Mirai, restricted to California due to fueling infrastructure limitations, promises a luxurious driving experience similar to Toyota's premium Lexus brand. Despite the positive developments, the supply chain disruptions in the hydrogen industry have impacted Mirai sales, with only 499 units sold in the U.S. in 2024—a sharp decline from the previous year. Toyota highlights the eco-friendly aspect of the Mirai, noting its 'minus emissions' feature that cleans the air while driving. However, the efficient operation of this technology relies heavily on the clean production and availability of hydrogen, which poses a challenge as the cost of hydrogen has risen. Although initial projections suggested a greener and cost-competitive future for hydrogen, current market trends have shown increased prices. The article underlines the importance of a reliable hydrogen supply chain to support the growth of fuel-cell vehicles and ensure their environmental benefits. Toyota's efforts to make the Mirai more accessible and appealing to consumers in California reflect the ongoing advancements in clean energy technologies and the automotive industry's shift towards sustainable practices.
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