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Learn More About The Toyota Prius Prime
What you must know before purchasing your Prius Prime. Use this pricing analysis to negotiate the best price with the dealer.
Highlights:
- 2022 Prius Prime coming soon
- Lease: $313/mo. for 36 mo. (2021)
- Rebate: Get up to $9,902 off (2021, CA only)
- Finance: From 0% APR + cash (2021)
2022 Prius Prime is coming:
The carryover 2021 Prius Prime is in stock, though extremely hard to find at dealerships, and it has some attractive cash offers. Be prepared to do some serious searching to find one that suits your needs. The carryover 2022 Prius Prime is coming soon and gets a surprisingly large cash incentive ahead of its arrival.
The Toyota Prius Prime has a few government rebates and credits and cash incentives, but it loses the CVRP credit. It also loses all its promotional lease offers, leaving only full-retail deals.
Toyota's offers are regional and expire on August 2, 2021. All deals mentioned here assume a Southern California location unless otherwise noted.
This page is updated monthly with the latest incentives, so be sure to check back for the latest information.
Lease from $313/mo.:
The 2021 Prius Prime's lease offer is a 36-month deal on the LE trim that runs an estimated $313 ($34 increase) per month with $2,963 ($964 increase) due at signing.
With an effective monthly cost of $395, this is not a good value relative to its MSRP.
Finance from 0%:
The 2021 Prius Prime continues with 0% APR for 72 months. Buyers can combine this with $500 in finance bonus cash.
Cash rebates tweaked:
The 2021 Prius Prime has a $4,000 customer cash rebate and a $500 bonus cash rebate.
Qualified buyers can still get the $900 California Clean Fuel Reward (CCFR) point-of-sale rebate. On top of all this is the $4,502 federal tax credit for buying the 2021 Prius Prime. Due to stricter rules, the Prime no longer qualifies for the California Clean Vehicle Rebate (CVRP).
If you combine all the cash incentives, rebates, and credits, you'll save up to $9,902 on the 2021 Prius Prime.
The 2022 Prius Prime gets a new $2,000 customer cash rebate.
The cash incentives aren't stackable with the low APR financing. Members of the military may be eligible for a $500 discount for taking out a loan through Toyota Financial. Unfortunately, Toyota's college grad rebate excludes the Prius Prime.
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2022 Toyota Prius Prime: Model Preview
Model Preview
The Toyota Prius Prime arrived in 2017, giving the automaker a plug-in hybrid option of its incredibly popular Prius family. With the plug-in hybrid hatchback set to enter its sixth model year on sale, the 2022 Toyota Prius Prime is expected to be a carryover model.
When Toyota unveiled the Prius Prime in 2017, the compact hatchback arrived with a futuristic design. The slim front headlights, grille-less front fascia, and elongated hood give the current Prius Prime a futuristic design. At the back, taillights that wrap around the hatch in an M-shape, vertically-oriented lines, and a smooth rear bumper continue the futuristic theme. As a carryover model, the 2022 Prius Prime will have the same overall design as the current model.
On the inside, the current Prius Prime maintains a futuristic design, which we expect to go unchanged for the 2022 model year. The Prius Prime’s instrument cluster is located in the center of the dash, just above the vertically-mounted touchscreen. Most of the Prius Prime’s controls are handled through the touchscreen, but the few buttons that the plug-in hybrid has sit next to the screen. An odd joystick-like shift knob sits at the bottom of the center console, freeing up space in the cabin.
Standard features on the current Prius Prime include a 7-inch touchscreen, Amazon Alexa, Android Auto, Apple CarPlay, Bluetooth, and satellite radio. Toyota offers the plug-in hybrid with an 11.6-inch touchscreen, navigation, 10 audio speakers, and a wireless charger. These features are expected to remain the same for the 2022 Toyota Prius Prime.
The 2022 Toyota Prius Prime is expected to come with the same powertrain as the current model. Currently, the Prius Prime is powered by a 1.8-liter four-cylinder engine and two electric motors for a total of 121 horsepower. Power is routed to the front wheels through a CVT. The plug-in hybrid has an all-electric range of 25 miles.
Standard safety features on the current Prius Prime include traffic sign recognition, lane departure warning, adaptive cruise control, pedestrian detection, and forward collision warning. Rear cross traffic alert, a head-up display, parallel park assist, blind spot monitoring, and parking sensors are available. The current Prius Prime earned a five-star overall safety rating from the NHTSA, but failed to earn an award from the IIHS. These safety ratings and features should carry over for the 2022 model year.
Pricing & Release Date
Toyota hasn’t officially announced when the 2022 Prius Prime will go on sale, but we expect the plug-in hybrid to arrive in summer 2021 based on fleet order guides.
Pricing for the 2022 Toyota Prius Prime remains unclear. We expect pricing to remain close to the current model’s range of $29,215 to $34,995 (including destination).
This compact plug-in hybrid hatchback will compete with the Hyundai Ioniq Plug-In Hybrid, Kia Niro PHEV, and Subaru Crosstrek Hybrid.
Pictured: 2021 Toyota Prius Prime
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