The 2024 Toyota bZ4X will cost slightly more than the previous model. To sweeten the deal, Toyota is already offering a special financing rate.
Toyota’s sole electric car in the US is getting more expensive. According to recent order guide data from Cars Direct, the 2024 Toyota bZ4X price will be up to $1,070 higher than the current model.
The entry-level 2024 Toyota bZ4X XLE has an MSRP of $43,070 (without destination), compared to $42,000 for the 2023MY.
For the AWD variant, prices start at $45,150. It’s also seeing prices go up by $1,070. Meanwhile, the 2024 Toyota bZ4X Limited will run you $47,180, or $49,260 for the AWD version. Both are $480 higher than the previous models.
Toyota has yet to release range and other specs for the updated mode. The 2023 XLE base model has up to 252 miles range, while the AWD version gets 228 miles. For the higher Limited trim, you can get up to 242 miles or 222 miles with AWD.
2023 Toyota bZ4X (Source: Toyota)
The report notes that at $43,070, the 2024 bZ4X price is just $370 less than the popular Toyota RAV4 Prime.
Toyota sweetens 2024 bZ4X price with financing deal
Despite higher prices, Toyota is keeping the incentives rolling with the 2024 bZ4X electric SUV. A new bulletin sent to dealers this month shows the new model has interest rates as low as 1.99% APR.
The special 1.99% APR financial deal is good through December 5 for up to 72 months. It’s the same offer as the 2023MY.
2024 Toyota bZ4X trim
Starting price (excluding dest.)
XLE
$43,070
XLE AWD
$45,150
Limited
$47,180
Limited AWD
$49,260
2024 Toyota bZ4X prices (Source: Cars Direct)
This is a regional deal shown in cities like LA, San Francisco, Denver, and more. Other cities like Houston and Kansas City offer 3.99% for 48 months. Buyers can also opt for 4.99% APR for 60 months or 5.49% for 72 months.
The rates can make a significant difference. Estimates from Cars Direct suggest a 6-year loan on a $45,000 bZ4X would cost over $5,100 more in Texas than California.
Another analysis shows the new bZ4X could be nearly $7,000 cheaper to finance than a similarly priced Tesla Model Y. Tesla’s 6-year financing rate is 6.69%. However, Tesla still has the advantage as it qualifies for the IRA tax credit.
2023 Toyota bZ4X interior (Source: Toyota)
Tesla’s Model Y starts at $45,380 before the tax credit. That’s about $1,500 more than the 2024 Toyota bZ4X starting price, including destination. The Model Y offers a 260-mile range, slightly more than the bZ4X. For $48,990, you can get the Model Y Long Range with up to 330 miles range.
Meanwhile, Toyota can still pass the $7,500 tax credit for leases through a loophole for commercial vehicles.
Are you ready to take advantage of some of the best deals on Toyota and Tesla EVs yet? You can use our links below to get started today:
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If you’ve ever wondered what happens when you combine a fruit cart, a cargo bike, and a Piaggio Ape all in one vehicle, now you’ve got your answer. I submit, for your approval, this week’s feature for the Awesomely Weird Alibaba Electric Vehicle of the Week column – and it’s a beautiful doozie.
Feast your eyes on this salad slinging, coleslaw cruising, tuber taxiing produce chariot!
I think this electric vegetable trike might finally scratch the itch long felt by many of my readers. It seems every time I cover an electric trike, even the really cool ones, I always get commenters poo-poo-ing it for having two wheels in the rear instead of two wheels in the front. Well, here you go, folks!
Designed with two front wheels for maximum stability, this trike keeps your cucumbers in check through every corner. Because trust me, you don’t want to hit a pothole and suddenly be juggling peaches like you’re in Cirque du Soleil: Farmers Market Edition.
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To avoid the extra cost of designing a linked steering system for a pair of front wheels, the engineers who brought this salad shuttle to life simply side-stepped that complexity altogether by steering the entire fixed front end. I’ve got articulating electric tractors that steer like this, and so if it works for a several-ton work machine, it should work for a couple hundred pounds of cargo bike.
Featuring a giant cargo bed up front with four cascading fruit baskets set up for roadside sales, this cargo bike is something of a blank slate. Sure, you could monetize grandma’s vegetable garden, or you could fill it with your own ideas and concoctions. Our exceedingly talented graphics wizard sees it as the perfect coffee and pastry e-bike for my new startup, The Handlebarista, and I’m not one to argue. Basically, the sky is the limit with a blank slate bike like this!
Sure, the quality doesn’t quite match something like a fancy Tern cargo bike. The rim brakes aren’t exactly confidence-inspiring, but at least there are three of them. And if they should all give out, or just not quite slow you down enough to avoid that quickly approaching brick wall, then at least you’ve got a couple hundred pounds of tomatoes as a tasty crumple zone.
The electrical system does seem a bit underpowered. With a 36V battery and a 250W motor, I don’t know if one-third of a horsepower is enough to haul a full load to the local farmer’s market. But I guess if the weight is a bit much for the little motor, you could always do some snacking along the way. On the other hand, all the pictures seem to show a non-electric version. So if this cart is presumably mobile on pedal power alone, then that extra motor assist, however small, is going to feel like a very welcome guest.
The $950 price is presumably for the electric version, since that’s what’s in the title of the listing, though I wouldn’t get too excited just yet. I’ve bought a LOT of stuff on Alibaba, including many electric vehicles, and the too-good-to-be-true price is always exactly that. In my experience, you can multiply the Alibaba price by 3-4x to get the actual landed price for things like these. Even so, $3,000-$4,000 wouldn’t be a terrible price, considering a lot of electric trikes stateside already cost that much and don’t even come with a quad-set of vegetable baskets on board!
I should also put my normal caveat in here about not actually buying one of these. Please, please don’t try to buy one of these awesome cargo e-trikes. This is a silly, tongue-in-cheek weekend column where I scour the ever-entertaining underbelly of China’s massive e-commerce site Alibaba in search of fun, quirky, and just plain awesomely weird electric vehicles. While I’ve successfully bought several fun things on the platform, I’ve also gotten scammed more than once, so this is not for the timid or the tight-budgeted among us.
That isn’t to say that some of my more stubborn readers haven’t followed in my footsteps before, ignoring my advice and setting out on their own wild journey. But please don’t be the one who risks it all and gets nothing in return. Don’t say I didn’t warn you; this is the warning.
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The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024.
Anadolu | Anadolu | Getty Images
Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase their collective crude production by 548,000 barrels per day, as they continue to unwind a set of voluntary supply cuts.
This subset of the alliance — comprising heavyweight producers Russia and Saudi Arabia, alongside Algeria, Iraq, Kazakhstan, Kuwait, Oman and the United Arab Emirates — met digitally earlier in the day. They had been expected to increase their output by a smaller 411,000 barrels per day.
In a statement, the OPEC Secretariat attributed the countries’ decision to raise August daily output by 548,000 barrels to “a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories.”
The eight producers have been implementing two sets of voluntary production cuts outside of the broader OPEC+ coalition’s formal policy.
One, totaling 1.66 million barrels per day, stays in effect until the end of next year.
Under the second strategy, the countries reduced their production by an additional 2.2 million barrels per day until the end of the first quarter.
They initially set out to boost their production by 137,000 barrels per day every month until September 2026, but only sustained that pace in April. The group then tripled the hike to 411,000 barrels per day in each of May, June, and July — and is further accelerating the pace of their increases in August.
Oil prices were briefly boosted in recent weeks by the seasonal summer spike in demand and the 12-day war between Israel and Iran, which threatened both Tehran’s supplies and raised concerns over potential disruptions of supplies transported through the key Strait of Hormuz.
At the end of the Friday session, oil futures settled at $68.30 per barrel for the September-expiration Ice Brent contract and at $66.50 per barrel for front month-August Nymex U.S. West Texas Intermediate crude.
In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Trump’s Big Beautiful bill becoming law and going after EVs and solar, Tesla, Ford, and GM EV sales, Electrek Formula Sun, and more
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