In terms of worth retention, only a few automobiles carry out in addition to these from the Toyota steady. The Japanese model advantages from a protracted historical past of gasoline effectivity and dependability, making their merchandise exemplary long-term investments. Sadly, there may be one specific futuristic sedan that the model at present sells, which struggles with among the worst depreciation charges that your entire new automobile market has seen. The present state of hydrogen within the U.S. is not wanting too nice, as producers and governments alike present considerably extra curiosity in electrification.
- Base Trim Engine
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EV
- Base Trim Transmission
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Computerized
- Base Trim Drivetrain
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Rear-Wheel Drive
- Base Trim Horsepower
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182 HP
- Base Trim Torque
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221 lb.-ft.
- Base Trim Gasoline Economic system Equal (metropolis/freeway/mixed)
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76/71/74 mpge
- Make
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Toyota
- Mannequin
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Mirai
- Section
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Midsize Sedan
Toyota is one in all few corporations that continues to be deeply invested in hydrogen as a gasoline supply for combustion and gasoline cell functions. Regardless of its area of interest market and compromised usability, it continues to provide and promote the Toyota Mirai in California. The Mirai would not have a long-term possession enchantment due to how costly hydrogen is within the U.S. Due to this, you may discover that Mirai fashions sometimes undergo from unhealthy depreciation charges as soon as Toyota’s complementary hydrogen credit score runs out. If you are going to buy a brand new Mirai at present, you profit from the model’s $15,000 gasoline credit score over six years. Leasing cuts the time down to 3 years. Fortunately, that is transferable, so the Mirai manages to keep up a whole lot of worth inside the first few years of possession. Contemplating that this automobile is actually free to gasoline and keep, it holds its worth considerably higher than some absolutely electrical rivals.
To offer you probably the most up-to-date and correct data doable, the info used to compile this text was sourced from varied producers and different authoritative sources, together with Carbuzz.
The Toyota Mirai Is A Depreciation Catastrophe
Regardless of Its Trendy Tech, It is A Nightmare To Personal Past 5 Years
In response to iSeeCars, the Toyota Mirai will lose $27,018 or 52.2 p.c of its preliminary buy worth after 5 years or 60,000 miles, which is about 10 p.c worse than its non-FCEV sedan equivalents.
Utilizing CarEdge‘s intuitive valuation device, we see that the bottom XLE mannequin loses a staggering $40,079 of its preliminary buy worth inside the first 5 years and 60,000 miles of possession. J.D. Energy signifies {that a} two-year-old mannequin tends to promote for round $43,650 and $74,885, based mostly on the specification and situation.
It ought to come as a shock to nobody that the Mirai is a horrible choice for worth retention, given how hydrogen continues to turn into a problematic gasoline supply for private mobility. Regardless, the Japanese model has expressed dedication to this gasoline supply, which it backs with its newest spherical of investments and partnerships that purpose to enhance hydrogen manufacturing, storage, and distribution.
Toyota Seems to be To Ramp Up Manufacturing Of Eco-Choices
To speed up adoption, Toyota has invested in main hydrogen initiatives similar to its H2HQ analysis hub in California and a $139 million three way partnership manufacturing facility in Chengdu, China, each centered on creating cheaper and longer-lasting gasoline cell stacks to shut the fee hole with battery EVs.
Toyota continues to comply with its multi-pathway technique that integrates hybrids, plug-in hybrids, battery EVs, and hydrogen gasoline cells as a substitute of counting on a single answer, not like most automakers which are at present pushing absolutely towards battery-electric automobiles. The Japanese model views hydrogen as important for attaining zero emissions in sectors the place batteries face limitations, similar to heavy transport, industrial purposes, and high-demand fleet operations. It additionally expects hydrogen to begin changing diesel inside the subsequent decade, providing each environmental and financial advantages.
Pricing Begins At $51,795
You are Actually Higher Off Opting For The Leasing Deal
The Toyota Mirai XLE begins its pricing off at $51,795, and discontinues the Restricted mannequin for the 2026 mannequin 12 months. Non-compulsory extras accessible for the XLE embody premium Elemental Silver, Hydro Blue, and Supersonic Purple paint shades for $425, $1,120 20-inch alloy wheels, and a $1,685 Superior Expertise Bundle, which features a host of digital and security options.
Toyota additionally gives some storage, safety, and pet-friendly equipment by way of a really complete catalog. The Restricted trim used to grant you entry to further inside coloration schemes at no additional value. The aforementioned packages have been additionally normal with this by-product.
As we have talked about, there’s a whole lot of worth in leasing a Mirai. For 2026, Toyota would not checklist its Mirai lease offers on its native web site, so the easiest way to get data concerning that is to contact or go to your native California dealership. Toyota normally makes these offers very engaging in the direction of the top of the mannequin 12 months, with zero APRs over 72 months and complete cash-back packages.
The Toyota Mirai Produces 182 Horsepower
Effectivity Stays A Quantity One Precedence
Regardless of its dynamic design, the Toyota Mirai is under no circumstances a performance-minded electrical automobile. Effectivity stays the precedence, which is why the compact rear-driven electrical motor solely generates 182 horsepower and 300 pound-feet.
The leads to a 9.2-second 0-60 MPH sprint and 112 MPH high velocity. This can be a automobile that you will hold inside the confinement of California’s borders, as you will not have the ability to discover any hydrogen refueling stations outdoors the state. The mannequin sits on the model’s TNGA platform, so no less than you profit from some very sharp and comfy suspension traits.
The Toyota Mirai’s EPA Estimates Are Strong
In terms of effectivity, the Mirai reigns king inside its very secluded phase. The EPA estimates that the bottom XLE trim will get 74 MPGe or 1.4 kg of H2 per 100 miles whereas overlaying 402 miles in-between refuels. The Restricted trim suffers from a barely worse 65 MPGe or 1.6 kg H2 per 100 miles estimate due to the bigger 20-inch wheels. It’s going to solely cowl 357 miles on a single tank.
The Toyota Mirai’s Customary Guarantee
The Model Backs Its FCEV Tech
Toyota features a complete guarantee bundle with all Mirai gross sales. This features a 36-month or 35,000-mile fundamental bumper-to-bumper guarantee and a 60-month or 60,000-mile powertrain guarantee. The model will resolve any battery-related faults over an eight-year or 150,000-mile protection, whereas FCEV defects profit from an eight-year or 100,000-mile guarantee. You additionally get 36 months of complimentary roadside help and two complementary annual companies inside a 24-month or 25,000-mile interval.
It’s unlikely that you will ever get to make use of Toyota’s guarantee, because the Mirai proves to be a really reliable and dependable FCEV choice. The NHTSA at present lists no recollects, investigations, or complaints for the 2024 mannequin 12 months, however the 2023 mannequin 12 months is topic to 1 recall concerning a defective rearview digital camera show and one grievance in regards to the fueling and propulsion system.
FCEVs are typically very dependable choices, as they solely function one shifting motor that does not require intensive servicing. The gasoline cell itself can be a much more sturdy piece of kit in comparison with a full EV battery pack, making it a extra mechanically viable choice for long-term use.
Understanding The Lack Of Shopper Confidence In FCEVs
Hydrogen Simply Loses Recognition Factors As Every Yr Passes
The Mirai holds its worth nicely over the primary few years of possession, however it just about turns into a nugatory product as soon as Toyota’s complementary hydrogen gasoline lapses. Operating the Mirai at your individual value will likely be a really costly process, because the gasoline at present prices $36 per kilogram. The Mirai’s tank holds 5 kilos of hydrogen, that means you may be spending $180 each 400 miles, which is considerably dearer than any ICE or EV accessible on the brand new automobile market. Moreover, the Mirai stays a California-only automobile, additional limiting its mass-market enchantment and general worth retention.
Toyota should present deep curiosity in hydrogen expertise, and there have been some bulletins concerning vital investments within the gasoline supply. Sadly, the U.S. seems to be prefer it is able to begin leaving this advanced gasoline system up to now except manufacturing, storage, and distribution drastically enhance. We have already heard information of some hydrogen stations being compelled to close down as a result of poor demand for hydrogen automobiles skilled in California.
Sources: iSeeCars, CarEdge, J.D. Energy, the EPA, and the NHTSA.