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The Toyota Prius v (for versatile [7]), also named Prius α (pronounced as Alpha) in Japan, and Prius+ in Europe and Singapore, is a hybrid gasoline-electric automobile produced by Toyota introduced in Japan in May 2011, in the U.S. in October 2011, and released in Europe in June 2012.
The Toyota Prius Plug-in Hybrid, released in January 2012, is eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh. All Tesla Motors cars are eligible for the 7,500 tax credit.
The Toyota Prius (/ ˈ p r iː ə s / PREE-əss) (Japanese: トヨタ・プリウス, Hepburn: Toyota Puriusu) is a compact/small family liftback (supermini/subcompact sedan until 2003) produced by Toyota. The Prius has a hybrid drivetrain, combined with an internal combustion engine and an electric motor.
A Toyota lease buyout lets you purchase your leased Toyota car or truck. Learn how it works, review the typical buyout fees, and decide whether it's worth it.
Mileage fees. One decision to make when leasing a car is selecting how many miles you expect to drive it. Three-year leases typically offer options of 10,000, 12,000, or 15,000 miles annually.
As mentioned, a customer can buy out of their lease at any time, avoiding these fees. However, after the first 90 days of our $1,200 purchase example, the lease service cost jumps from $75 to $977.50.
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