Toyota’s bZ4X all-electric SUV will start at $42,000

The base, front-wheel-drive version of the bZ4X will cost $42,000, while the all-wheel-drive version will cost $48,780. The first full EV from Toyota will go on sale in the spring of 2022.

The base model bZ4X has an estimated EPA range of around the same as the Chevy Bolt EUV, around 60 miles less, and about 30 miles more. destination charges, which could add a grand or two, aren't included in these prices. In Toyota's case, the bZ4X has a delivery, processing and handling fee of $1,215.

Image: Toyota

The steering yoke Toyota showed off when it announced the bZ4X in October seems to be missing from Tuesday's press release. This is not a complaint.

It's not clear what this announcement means for the upcoming Solterra, which is built on the same platform as the bZ4X. It may have to skimp on other features in order to get a starting price below $42,000, since the standard all-wheel-drive version of the Subaru will have an estimated $2,000 option. Toyota's 2022 GR86 is about $230 cheaper than the BRZ twin, with no difference in the number of drive wheels.

The federal tax credit is one of the things to consider if you are choosing between the two. Toyota buyers may not be able to take advantage of the lower tax burden for a long time. According to Electrek, the company sells enough hybrid that buyers won't be able to get the full $7,500 by the end of 2022. The credit for buying a Toyota could be halved in October and then again in April of 2023. The full tax credit may be available to Subaru customers.