Toyota announced their pricing on the Toyota Camry Hybrid today. The price is being set at $1,000 below the 2007 model price at $25,200. The base MSRP for the 2008 Camry sedan ranges from $18,570 for the four-cylinder engine and five-speed manual transmission to $28,120 for the premium XLE grade with a V6 engine and six- speed automatic transmission.
The 2008 Prius was discounted by up to $2,000 on some option packages, and now the Camry has dropped its base price by $1,000. With Toyotas aggressive sales goals for hybrids and since buyers of Toyota hybrids have lost out on their federal tax credits, Toyota has chosen to discount hybrid sales to keep their top ranking for hybrid cars.
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