TORRANCE, Calif. ??” When the 2007 Toyota Camry Hybrid reaches dealer showrooms in May, it will carry a sticker price of $26,480, including a $580 destination charge.
The new Camry Hybrid is priced significantly below the 2006 Honda Accord Hybrid , which carries a sticker price of $31,540, including a $550 destination charge, for models without a navigation system. Toyota says the Camry Hybrid will yield an estimated 40 mpg in city driving and 38 mpg on the highway.
The Camry Hybrid will be outfitted with a 2.4-liter, four-cylinder engine mated to an electric motor. The powertrain has a combined output of 187 horsepower. The Accord Hybrid is outfitted with a significantly more powerful 3.0-liter V6 and electric motor with a combined 253 hp. The Accord Hybrid returns 25 mpg in city driving and 34 mpg on the highway, according to Honda.
The Camry Hybrid's standard features include a JBL sound system with Bluetooth technology, cruise control, eight-way power-adjustable driver seat and 16-inch aluminum wheels.
What this means to you: Toyota addresses a chief consumer complaint about hybrids ??” that they are too costly ??” as it prices its new Camry Hybrid well under $30,000.