Hybrid’s falling price: 2012 Toyota Camry is proof

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Have we finally seen the price of hybrid’s begin to go down? The reason we say this is because the new Toyota 2012 Camry Hybrid is to cost just 25,900, which is around $1,000 cheaper than the current 2011 model. The more expensive premium model is also slightly cheaper than its current counterpart – well $800 less to be precise. Though we cannot be certain as to why this is, we presume that it has something to do with the dual-powertrain now becoming more popular.

Don’t think that you will be getting any less in the car, as Toyota has made a few enhancements; these include improved power from the new 2.5-liter engine, which offers 200hp. For those wanting a little more, then you can choose to go with the V6 model instead. We expect the new Camry to offer a return of 41mpg thanks to a few advancements to its Hybrid Synergy Drive powertrain.

According to Torque News another reason why this new hybrid car has seen a price reduction is due to the fact that Toyota is using the same machines to make them from the NUMMI plant, which was a joint venture between them and GM. We do not expect this to be an isolated development, as other Toyota Hybrid models will hopefully benefit from this as well.

Lexus has also issued its latest pricing for the new CT 200h and HS 250h. The former will come in two trims; the first is standard and the second premium, costing $29,120 and $30,900 respectively. As for the latter model, well prices are to start at $37,030, but Earth Tecling does say that there are a number of improvements coming to this year’s model.

The second half of September has been busy for Toyota, as they also announced prices for the upcoming Prius V and Prius Plug-in. You will have to pay $27,160 for the standard hybrid model and $32,760 for the plug-in version. Do you buy into this whole hybrid thing, or are you waiting for another technology?

Also See: 4th-generation Toyota Prius fuel economy raises diesel debate