Toyota launches bZ4X electric SUV with starting price of $42,000

by Fred Lambert

Toyota has now officially launched the bZ4X, its first all-electric vehicle in a long time, in the US and announced a starting price of $42,000.

Toyota said in its announcement: “Coming to dealerships this spring with an EPA-estimated range rating of up to 252 miles (for XLE front-wheel drive models, based on EPA’s testing procedure standards), the 2023 Toyota bZ4X will have a starting MSRP of $42,000."

"According to the EPA, the average estimated fuel cost savings over five years for the 2023 bZ4X XLE FWD compared to the average new vehicle is up to $5,000.”

However, since Toyota uses the franchise dealership model, keep in mind that the buyer and the dealer always agree on the final price.

It will trigger a phase-out period that will gradually give less money to buyers.

It’s interesting that the all-wheel-drive version is only about $2,000 more expensive than the front-wheel-drive, but it’s significantly less efficient as you drop about 24 miles of range with the AWD.