For the 2022 Toyota Prius, the typical lease option costs $372 per month for a duration of 36 months, 12,000 miles per year, and $2,000 payable at signing. Depending on the length of the lease and the annual mileage, monthly payments can be anywhere between $365 and $506 per month.
For a 36-month lease with 10,000 annual miles and a $2,000 down payment, the lowest monthly price for the Toyota Prius is $365.
The new Toyota Prius’s MSRP is $26,170. However, $27,149 is the typical market selling price.
The Toyota Prius from 2022 is a hatchback. The Hyundai Ioniq and Chevrolet Malibu are two further comparable automobiles. According to typical leasing data for comparable cars, the Chevrolet Malibu is the least expensive to lease at $252 per month, while the Hyundai Ioniq is the most expensive at $428 per month.
In This Article...
Is a Toyota Prius a good investment?
The Toyota Prius is a reliable vehicle, yes. It offers a spacious load hold and outperforms practically all other hybrid vehicles in terms of fuel efficiency. A long number of features and plenty of comfy seating are also present. Its poor driving qualities, though, include slow steering response and subpar acceleration.
Toyota leases: Are they worth it?
Choosing a Toyota lease arrangement has several obvious benefits. For instance: You get to enjoy a new car without having to pay its full price. Monthly payments are less than repaying a car loan.
What drawbacks come with owning a Toyota Prius?
Since its launch, the Toyota Prius has been one of the most popular hybrid cars available. Although rival automakers attempt to replicate the Prius’s popularity, Toyota continues to dominate the hybrid market. The fourth-generation Toyota Prius, which debuted in 2018, has several great features to offer, including its plug-in model, the Prius Prime, which was added to the lineup in 2017.
Due to the Prius’ recent redesign in 2016, don’t anticipate too many modifications till 2019. The 2018 Toyota Prius has many upgrades over the 2017 models in terms of features and specifications. Toyota’s new TNGA platform is now being used to construct the Prius. The greatest difference for this year is that all models now come standard with alloy wheels.
Top 10 Reasons to Buy a 2018 Toyota PriusThe Pros
1. Excellent Fuel Efficiency
The 2018 Toyota Prius has outstanding fuel efficiency. No matter which trim level you select, you will get roughly 54 mpg in the city and 50 mpg on the highway. Finding something else with as good of a fuel efficiency is challenging, thus the Prius naturally benefits greatly from this.
2. A large interior
The 2018 Toyota Prius’ cabin is surprisingly roomy for such a compact car. Although those in the back seats might feel a little crammed, those in the front seats will have plenty of head, shoulder, and leg room.
3. A number of Regular Active Safety Features
It is hardly surprising that the Prius boasts a lengthy list of standard and available active safety measures given how highly Toyota values safety. Pre-Collision warning, pedestrian recognition, automatic high beams, and Lane-Departure alert are all parts of the Toyota Safety Sense suite that are included as standard equipment on all models.
4. User-Friendly Controls
The 2018 Toyota Prius has controls that are all easily accessible and have clear markings. No need to speculate as to what a knob or button might do. From the driver’s position, it is simple to access all controls, and a number of significant controls are mounted on the steering wheel.
5. Simple Entry and Exit
It’s simple to get in and out of the car, especially up front. There is adequate height for persons of any stature to swing their legs out, and doors swing out fairly far. Additionally, you won’t have to be concerned about exiting without hitting your head on the doorframe.
6. Excellent Side and Front Visibility
Although rear view is limited, front roof pillars are sufficiently thin to provide good front and side visibility. Drivers won’t have any trouble determining how far their front bumper is from another car or the sidewalk thanks to the excellent, large front windshield.
7. There is Ample Cargo Space
The 2018 Toyota Prius has a surprisingly significant amount of cargo space, despite the fact that it may not seem like it. It is possible to maximize the luggage capacity by folding down the 60/40 split rear seats, which makes it simple to transport heavy objects.
The Infotainment System, 8.
One of the best systems available is the infotainment system from Toyota. The standard Prius comes equipped with a four-speaker radio system, Bluetooth, USB connector, and a 6.1-inch touchscreen infotainment display. As you move up in trim levels, you can add satellite radio, navigation, and the Etune app suite to the mix for a fairly affordable price.
9. Flexible Steering
On the Prius, steering feels responsive and intuitive. Any driver will observe that they receive a lot of feedback, particularly about how the steering system handles challenging curves and twisting roads. You will feel more confident performing these kinds of turns as you obtain smaller tires.
Secure Handling 10.
The Prius handles well and is a fairly sporty little car. While driving in most weather conditions, the car seems quite balanced and steady despite the tires’ little lack of traction.
buying advice
Compare prices online before buying a new car to avoid paying too much. Find out the price in advance before entering a dealership. The following free services are suggested by us: Car Clearance Deals, NADAguides, CarsDirect, and Motortrend.
These free sites will provide you the best deals and provide you with numerous price quotations from rival businesses. Before visiting the dealer, you will be aware of the best pricing.
Reasons Not to Buy a 2018 Toyota PriusThe Cons
1. Riding Comfort
The 2018 Toyota Prius features a firm ride quality, which is perhaps its major flaw. The tires are undoubtedly made to provide decent mileage rather than to cushion every bump on the road. Even the Prius c hatchback is a little more pleasant than the standard Prius, which can be very bumpy when driving over even the slightest amount of bad road topography.
2. Slow Accumulation
The Prius is not particularly good at accelerating. Although the Prius can accelerate reasonably well compared to other cars in its class, it is designed for fuel efficiency rather than cruising at high speeds. You may need to think about purchasing a totally new vehicle if you want something with a little more oomph.
3. Subpar interior components
The Toyota Prius has this drawback with some of Toyota’s other contemporary models. The inside has the appearance of being made with inferior materials. The cloth upholstery and several of the knobs and buttons appear to be prone to wear and tear with time, even though nothing appears to be about to break at any second.
4. Loud Cabin While Highway Speeds
There is no mistaking it: this car is not silent! When trying to get the Toyota Prius to travel beyond 55 miles per hour on the highway, you will have to put up with a lot of road, wind, and engine noise in addition to its stiff ride quality. The engine frequently complains when the car is pressed to move fast, and the cabin appears to lack the necessary insulation to keep part of the outside noise out.
How it compares to the opposition:
With its 58 mpg fuel efficiency, which is unquestionably best-in-class for this year, the 2018 Hyundai Inoiq Hybrid is a top-tier rival for the Prius. The Ioniq, on the other hand, is less roomy and has a smaller plug-in range.
Despite having a lower fuel economy than previous models, the 2018 Honda Civic Hybrid performs well on highways and in cities. The Civic is quite roomy and has a ton of safety equipment.
Overall, the 2018 Toyota Prius is a roomy, very fuel-efficient vehicle. The Prius is still one of the top hybrid sales performers due to its focus on fuel efficiency, even if it will need to step it up in 2019 to compete with newer hybrid models from other automakers.
How much does new Prius insurance cost?
The make and model of your car, along with other elements, will impact how much your auto insurance will cost. Even though the 2019 Toyota Prius has a $1,740 yearly average national premium, every auto insurance provider has a different price for the same makes and models. Some of the main elements influencing Prius insurance rates are listed below:
- Statistics on crash rates: The Toyota Prius has a reputation for being a very safe car. The Insurance Institute for Highway Safety has awarded the Top Safety Pick label to recent Prius model years. Because they are less likely to suffer significant damage in an accident, safe cars can be less expensive to insure.
- Price of components: Since Prius parts do not need to be imported, they are often less expensive, which can also help keep insurance costs down. It can be more expensive to repair or replace a Prius electric motor after an accident than to replace a motor for a gas-powered vehicle. The cost of parts may result in overall reduced rates as compared to other makes, depending on the insurance.
- Advanced safety technologies are available on newer Toyota Prius models, including stability control, a sophisticated air bag system, a pre-collision warning system, intelligent parking assistance, blind spot monitoring, and more. By lowering the likelihood of an accident, these safety features may also help bring insurance costs down.
How much does a 2020 Prius’ insurance cost?
Your Toyota Prius’s insurance expenses decrease as it gets older. This is so that insurance policies like comprehensive and collision insurance become more affordable as a car’s value decreases.
An average year’s worth of insurance for a 2005 Toyota Prius comes to $1,067. In contrast, a 2020 Toyota Prius has a yearly cost of $1,432 on average. That represents a difference of almost $365 each year.
Depending on the model year, the following is the typical insurance expenses for a Toyota Prius:
- A 2005 Toyota Prius costs $1,067 annually.
- Toyota Prius 2010: $1,124 annually
- A 2016 Toyota Prius costs $1,325 annually.
- A 2017 Toyota Prius costs $1,354 annually.
- 2018 Toyota Prius costs $1,381 annually
- A 2019 Toyota Prius costs $1,398 annually.
- 2020 Toyota Prius costing $1,432 annually
GEICO offers the most affordable insurance for a 2020 Toyota Prius, with a yearly average premium of $1,108.
The lowest insurance may vary based on the model year of your car, therefore you can choose that year to compare rates between providers.
What issues are there with Toyota Prius?
The top complaints for various model years are listed below:
- Crack-Prone Windshield. One of the most prevalent issues with the 2016 Toyota Prius is windshield cracking.
- excessive use of oil.
- Engine issues.
- Inadequate headlights
- Accessory problems inside.
- Fuel gauge reading that is incorrect.
Toyota: Will the Prius be discontinued?
Fans of the venerable hybrid can exhale in relief despite rumors that Toyota may stop making the Prius. This is because, as Autocar noted, Toyota recently hinted that it might introduce a new Prius model.
Toyota has been mum about how the Prius will be impacted by its latest revelation regarding ambitions for electric vehicles. Andrea Carlucci, Toyota’s head of product and marketing, was contacted by Autocar and asked if the “Regardless of whether a new generation of the Prius is released, it remains a key vehicle in the Toyota lineup. He responded to the question with the following:
“The Toyota Prius has undoubtedly been a symbol for Toyota and continues to be the electrification pioneer. Our journey back more than 25 years began with it. We need to ensure that it will always be a leader in that kind of technology and maintain its role, so even if I can’t say much more, we don’t want to waste our icon now or in the future.
How far can a Prius travel?
A Toyota Prius owner may anticipate getting between 200,000 and 250,000 miles out of their vehicle with routine maintenance, with some owners exceeding the 300,000-mile milestone and still going strong. The Prius has a well-established history of dependable service for more than two decades as the first mass-produced hybrid vehicle.
Why is a Toyota lease so expensive?
Toyota has been severely impacted by a global chip scarcity, which is why its vehicles so pricey. As a result, the industry’s lowest days’ supply of vehicles and an unprecedented inventory shortfall are faced by dealers.
Is financing or leasing preferable?
You don’t possess the car. Unless you choose to purchase it, you get to use it but must return it at the end of the lease.
Taxes, registration, and other costs are included, as well as the purchase price or a down payment.
They could consist of the down payment, the acquisition fee, the first month’s payment, a refundable security deposit, taxes, registration, and other charges.
Because you’re paying off the entire purchase price of the vehicle, plus interest and other finance charges, taxes, and fees, loan payments are often larger than lease payments.
Because you only pay for the depreciation of the car during the lease term, along with interest charges (also known as rent charges), taxes, and fees, lease payments are usually always lower than loan payments.
Your car is always up for sale or trade-in. Any outstanding loan balance may, if any, be satisfied with proceeds from the sale.
Charges for breaking the lease early can be just as expensive as not doing so. Occasionally, a dealer will purchase the vehicle from the lease company as a trade-in, relieving you of your obligation.
When you decide you want a different car, you’ll have to deal with selling or trading in your current one.
On the bright side, you are not monetarily impacted by its future worth. You don’t own any equity in the car, which is a drawback.
You are free to travel as far as you like. However, bear in mind that increased mileage reduces the car’s trade-in or resale value.
The majority of leases have mileage restrictions; these range from 10,000 to 12,000 annually. (You might agree to a greater mileage cap.) You’ll incur fees if you go over your limits.
Wear and tear is unaffected, although it can reduce the car’s trade-in or resale value.
In most leases, you are accountable. Excessive wear and tear will result in additional fees being incurred.
You have established equity to assist you pay for your next vehicle after the loan period is through, and there are no outstanding payments.
You have the option to finance the purchase of the vehicle, lease another one, or buy it after the lease (often two to three years) expires.
The car is yours to personalize or change anyway you desire, however doing so can void your warranty.
Any alterations or unique components you install must be taken out since the car must be returned in resellable condition. If there is any remaining damage, you will have to pay to have it corrected or submit an insurance claim, which would require you to pay a deductible.