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Author Topic: Want a cheap car? Toyota is paying folks to buy their car  (Read 73 times)

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Offline theking

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Want a cheap car? Toyota is paying folks to buy their car
« on: February 28, 2024, 11:35:50 PM »
Toyota wants hydrogen to succeed so bad it’s paying people to buy the Mirai

Who wants a free car?

If you hurry, you can get $40,000 off a 2023 Toyota Mirai, a fuel-cell vehicle that retails for $52,000. When you factor in the $15,000 in free hydrogen over six years and the available 0% interest loan, Toyota is essentially paying people $3,000 to take the car off its hands.

It would be a great deal, if you can find the hydrogen to power it.


Toyota’s discount comes on the heels of Shell’s announcement three weeks ago that it’s closing its hydrogen filling stations in California. Granted, the oil company only had seven to begin with (five of which had been out of order), but that still represents more than 10% of the Golden State’s stations, nearly all of which are clustered around Los Angeles and San Francisco. Of those that remain, about a quarter are offline, according to the Hydrogen Fuel Cell Partnership.

California was, and still is, the only state where a fuel cell vehicle makes logistical sense — if you have a filling station nearby that’s operational. And if you squint. And tilted your head.

Just don’t tell Honda, which recently found the time to convert its best-selling CR-V into an automotive equivalent of Frankenstein’s monster: a plug-in hybrid, fuel-cell vehicle.

The crossover’s 17.7 kWh battery provides 29 miles of electric-only range, and once that’s spent, the front-mounted fuel cell starts sipping hydrogen from a pair of carbon-fiber tanks. One tank sits under the rear seat, the other behind, where it takes up an inordinate amount of trunk space.



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Offline Hung_Low

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Re: Want a cheap car? Toyota is paying folks to buy their car
« Reply #1 on: February 29, 2024, 01:00:13 PM »
This is the same as EV Manufacturers wanting to push EV so bad that they are selling them at a loss...

FORD: every EV sold, they lose an average of $32,000... they lost $4.7billions in 2023 through their EVs
GM: For every EV sold, GM is losing $20,000 - not as bad as Ford but still lost $2.4B in 2023
Fiat/Chrysler: lost $20,000/electrified Fiat 500.

Guess where most of the profit for the Big 3 is coming from? ICE vehicles...



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