Prime cost less than regular Prius

Yes you are correct my friend it's a no- brainer. And, if you want even better prices on the prime they seem to be even cheaper out east from Maryland on out to New York and Rhode Island. checkout the online classified ad sites or new car listing. There are three main websites but I can't type them here or it will block my post. But you can figure that out. Just look for Prius Primes listed and them and then call those dealerships. Wait, you did not ask for this information but I'm assuming you do not have a prime yet? LOL. I am from Nebraska Airline fly out Monday at 1 to pick my friend up.

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except you only get 4 seats a small hatch and no spare.

 

Also many more states now have additional incentive$, compared to when PiP came out.
Of course, VA and IL are not among them, but quite a few.

Not sure I understand the low Prime price, whether that is really lower cost to make, or strategy to get ZEV credits.

 

Sounded like Toyota is taking a lower margin on the Prime.

 

agree, it's an interesting move on toyota's part. lower cost to make would be hard to fathom, but keep in mind, toyota get's their price from the dealer. the tax incentives fall at the taxpayers feet.
so they are likely getting more for prime than equivalent gen4 package, even though margins may still be thinner.
it maybe that toyota's margins aren't bad, but dealer margins are, or a combination.

 

When I bought a Prime I was thinking the same thing "you can't buy a regular Prius as cheap as the Prime".
Here is the deal in my area.
MSRP $30558 + Tax + Lic
Toyota rebate $1000
Clean Vehicle Rebate $1500
San Joaquin Valley Drive Clean Rebate $2000
PGE Rebate $500
Fed Tax Break $4502
Total Rebates $9502
Net cost after rebate $21006 + (Tax & Lic on $30558)

Not a bad deal on a plugin with Leather and Navigation !

 

A Prime Advanced will cost me way less than a Three ATP here in Colorado where we have a $5,000 state tax credit on top of the $4,502 federal.

 

And no chance for a spare and any reasonable cargo space

 

First allocation arriving around the end of March or early April.

 

I live in Aurora, Colorado. Is there really a $5000 state rebates. I thought there was only $1500. Can I get this if I buy it out if State?

Posted via the PriusChat mobile app.

 

http://bfy.tw/AK6x

 

...but Maryland is full CARB...that's why lots of folks from CARB states go to MD to purchase.

 

We have a list of CARB states that @JimboPalmer maintains:
The 2014 list of CARB States in the US | PriusChat
FL never joined, and New Mex and New Hamp dropped out, DE joined.

MD does have a decent state incentive for Plug_ins, and much lower car taxes than VA, and is full CARB so they get extended warranty, so MD is good place for Prime. Also DC has great incentives for all cars over 40 MPG EPA City, and they would have to go to MD or VA to purchase. VA has free HOV incentives to "grandfathered" owners, so the market for green cars is pretty good here in what we call "the DMV" (DC, Maryland, Virginia).

 

OK... I live in Maryland, so this is good. BUT, isn't the $4502 a federal income tax incentive and subject to your income level and whatever other tax benefits you are receiving? For instance, between my home, two kids, and small business (sole proprietorship taxed as individual income) I already receive the max tax benefit (refund) allowable. I have even qualified for several thousand extra in child care benefits I couldn't collect on because my regular personal and business deductions maxed my return. This was a big part of why we couldn't take advantage of solar energy. The tens of thousands of dollars in government tax breaks were all income tax based. NOT guaranteed regardless of income, or refund (ie., NOT a grant).

Thoughts?

 

4 seater and really small trunk

 

In my opinion Prius Prime price is higher than Prius Gen 4 when excluding the state and fed tax incentives for prime, when tax incentives are no longer available. As price history tells, new Prius Gen 3 vs new Prius PIP(after tax incentives were depleted), PIP price was higher.
God Bless America for providing tax incentives to purchase alternative fuel vehicle.