Toyota Financial is reporting that sales of the new BSI Financial model are going well, but it’s still not sure if the price will stay high.
In a blog post, the company says that “the average price of the BSI financial vehicle has fallen to $27,000 from $28,000 over the last quarter.”
The company says the price drop is not related to the BSU Financial program, but instead the introduction of new BSU financial vehicle models.
Toyota says the average cost for the new models is $24,900, which is slightly less than the $25,000 that was reported last quarter.
The company adds that the average price for the B SU financial vehicle is $34,900.
The average price per kWh is $0.17.
The price drop was expected as Toyota began to ramp up production of its electric SUV, the Tacoma, and the Tacoma Prime, which will have an electric motor.
In the last six months, the average sales price for a new Toyota financial vehicle was $28.2 million.
The new Toyota Financials are expected to be launched later this year.
Toyota has also announced that it will be introducing a new model, the Lexus ES 350, with a price tag of $36,500.
The ES 350 is a hybrid SUV that can get around town in a city like Los Angeles with its electric motor and can also be used for daily driving.
The Lexus will be available in the U.S. market in 2018.
Read more about Toyota Financial here.