It's small; It's cheap; It's fuel efficient; and It's now what the U.S. looking to buy. Toyota today announced US pricing for the 2009 Yaris subcompact models. It will go on sale later this summer with prices ranging from $12,205 for the three-door Liftback (hatchback) Base model to $15,880 for the Sedan S model. This also includes the five-door Liftback model starting from $13,305.

The little four cylinder Yaris gets 29 MPG city and 36 highway

when the 1.5-liter engine is mated to a manual transmission.

Press release after the jump

Press release

Toyota Motor Sales (TMS), U.S.A., Inc., today announced manufacturer's suggested retail prices (MSRP) for the three fuel efficient 2009 Toyota Yaris subcompact models. MSRPs will range from $12,205 for the three-door Liftback Base model to  $15,880 for the Sedan S model when the vehicles hit dealerships later this summer.

Estimated EPA fuel economy ratings are 29 mpg city/35 mpg highway/31 mpg combined for all three body styles with an automatic transmission and 29/36/32 mpg for the manual transmission models.

The excellent fuel economy, combined with extensive standard equipment and fun-to-drive features make Yaris an outstanding value. For 2009, Yaris is available in three body styles: a sedan, three-door Liftback, and an all-new five-door Liftback, each in Base and Sporty "S" grades.

All Yaris grades will now feature a number of standard safety features, including anti-lock brake system (ABS) with Electronic Brake Force Distribution (EBD), driver and front passenger front seat-mounted side airbags, and front and rear side curtain airbags. New exterior colors for the 2009 Yaris include Zephyr Blue Metallic and Blue Streak Metallic on Sedan and Yellow Jolt and Carmine Red Metallic on Liftback.

Prices for the Yaris three-door Liftback models range from $12,205 for the Base grade with four cylinder engine and manual five-speed automatic transmission to $14,825 for the S grade with four cylinder engine and four-speed automatic transmission.

The all-new five-door Liftback model prices range from $13,305 for the Base grade with four cylinder engine and four-speed automatic transmission to $15,125 for the S grade with four cylinder engine and four-speed automatic transmission.

Yaris Sedan model pricing ranges from $12,965 for the Base grade with four cylinder engine and manual five-speed automatic transmission to $15,880 for the S grade with four cylinder engine and four-speed automatic transmission.