2021 Toyota Camry Hybrid Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
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The Camry has long been a leader in the industry. It’s almost hard to believe that it has been around for decades, and since 2006, the company has made a hybrid version of its iconic sedan. In recent years, the hybrid version of the Camry has really taken off in terms of popularity. The 2021 Toyota Camry Hybrid offers the same quality that consumers have come to expect from the brand, and it has many modern features that people will appreciate.
What’s New in 2021?
The biggest change for this model year is that there is now an XSE Hybrid trim. This trim is sporty and has a more aggressive vibe, so it should definitely appeal to a certain type of buyer. There have also been a few improvements to the standard safety package, making the car better at recognizing objects that it should avoid.
There are four hybrids available with the 2021 Camry Hybrid. The most budget-friendly option is the LE Hybrid. It has some nice amenities, such as a smart key system and an automatic temperature control system that has two zones. With the SE Hybrid, the wheels are upgraded, as are the front seat upholstery and suspension. The "SE" part of the trim name stands for "Sport Edition," so it makes sense that this trim is going to feel a little more edgy.
The top two hybrids are the XLE and XSE Hybrid. "XLE" stands for "Executive Luxury Edition," and this model has an upgraded infotainment system, leather seats, and heated and ventilated front seats. The new XSE Hybrid trim, which is technically called the "Extreme Sport Edition," has a sport-tuned suspension, 19-inch wheels, special badging and accents, and paddle shifters on the leather-trimmed steering wheel. It's the trim to pick for any performance-minded consumers out there.
Driving the Camry Hybrid
With the Camry Hybrid, there's a special powertrain that is quite efficient while also being powerful. The car uses a 2.5-liter four-cylinder engine, which is fueled by regular gasoline, along with an electric battery. This type of hybrid car doesn't need to be plugged in to an outlet to recharge its battery. The battery can regenerate power during regular driving, so people can drive and fuel it just like they would with any other traditional vehicle.
Net horsepower in the Camry Hybrid is 208. This is an excellent capability, and it results in the Camry Hybrid having a good amount of acceleration off the starting line. Driving is smooth, thanks to an electronically controlled continuously variable transmission, MacPherson front struts, and a multi-link suspension in the back. (Remember that the XSE Hybrid has sport-tuned components, to include its shock absorbers and springs.) Front-wheel drive is standard in these vehicles.
This is where the Camry Hybrid really shines, and it's the main reason why people are going to turn to this model. The LE Hybrid is going to do the best in this category, achieving an estimated 53 miles per gallon on the highway and 51 miles per gallon in the city. Due to a slightly different design, the other hybrids can achieve an estimated 47 miles per gallon on the highway and 44 miles per gallon in the city. Given the concern that many people have over rising fuel costs and the desire to reduce their carbon footprints, these numbers make the Camry Hybrid very attractive.
Technology and Safety
The LE Hybrid and SE Hybrid come with seven-inch touchscreens. Through that touchscreen, the driver can access certain apps and connect with his/her smartphone through Android Auto or Apple CarPlay. Plus, the Camry comes standard with Amazon Alexa. This lets people look up all kinds of information and can make many tasks more convenient. With SiriusXM Satellite Radio, people can choose from dozens of radio stations. Bluetooth makes it easy to stream audio and use voice commands, and Wi-Fi capability is key when people are trying to stay connected to the internet while on the road.
On the other hybrids, the touchscreens are upgraded to nine-inch versions. This makes it easier to see the text and interact with the screen. The XSE Hybrid and XLE Hybrid come with the option to upgrade to a system that includes navigation. Also integrated into this enhanced infotainment package is an audio system with nine JBL speakers, one of which is a subwoofer to pump up the bass notes.
Advanced technology is the reason why Toyota is able to build such safe vehicles. Every Camry Hybrid uses Toyota Safety Sense 2.5+. This package includes several driver-assist systems that can be used as back-up mechanisms, in a sense. The Camry Hybrid has pre-collision braking that can be used to hopefully prevent frontal collisions, lane departure alert to prevent drivers from inadvertently veering out of their lanes, and automatic high beams to help illuminate dark roads. The car has the ability to read road signs and display that information to drivers, and it has adaptive cruise control, which is a program that allows the car to adjust its speed depending on how fast other vehicles are traveling.
All of these features are very impressive. They can give people a lot of peace of mind. Obviously, drivers should be paying attention to the roads, but it can be assuring to know that one's car can take action if necessary.
How to Calculate The Dealer Cost of a Toyota Camry Hybrid
Formula for Calculating Dealer Cost:
- Example: Base Toyota Camry Hybrid invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)
Note: All Toyota Camry Hybrid MSRP, invoice and dealer cost dollar figures above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.