The Toyota Prius plug-in hybrid vehicle is going to have an MSRP of $32,000, undercutting both the Leaf which costs just over $35,000 and the Volt which costs just over $40,000.

According to CarAdvice:

At that price, the new Prius Plug-In is 36 per cent more expensive than the standard Prius hybrid in the US. If that conversion carries over to Australia when the Plug-In model arrives here (unconfirmed, but expected to be in 2013), it would be priced around $47,600 before on-road costs.

The MSRP prices for the US-spec vehicles do not take into account the federal tax credits available for plug-in electric vehicles (PEVs). Some buyers of the LEAF and the Volt are eligible for a rebate of up to US$7500, while the Prius Plug-In is only eligible for a US$2500 credit due to its smaller battery.

With the maximum tax credits factored in, the LEAF becomes the cheapest (US$27,700), followed by the Prius (US$29,500) and the Volt (US$32,780).