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Toyota Car Deals

Toyota, the Japanese auto brand, is hugely popular among drivers because of their vehicles’ reliability and durability. The extensive lineup covers most drivers’ needs, which include sedans, SUVs, trucks, and minivans. A great option for families is the 2020 Sienna Minivan, starting at $31,415. One of the best-selling midsize SUVs is the Highlander, with the 2020 model starting at $34,600. Toyota also provides hybrid options for many of their vehicles.

Toyota Car Deals

We do our best to collect all current manufacturer incentives. However, these offers may vary and are not guaranteed by FindTheBestCarPrice.com.

Toyota Cash Back IncentivesToyota Cash Deals

This month’s cash back specials range from $750 to $3,000 on many of Toyota’s lineup. Most of the same deals are available until February 1st. Deals are mainly extended from the previous month with a few improvements. The 2021 Highlander SUV has $1,000 cash back deal while the 2021 Avalon luxury sedan has a $2,000 special. New 2021 models like the Highlander Hybrid ($1,500) and RAV4 Hybrid ($750) come with cash back specials for this month.

YearMakeModelCash Incentives (up to)Expiration
2020Toyota86$2,000 2/1/2021
2021ToyotaAvalon$2,000 2/1/2021
2021ToyotaAvalon Hybrid$2,500 2/1/2021
2020ToyotaC-HR$2,000 2/1/2021
2021ToyotaC-HR$1,000 2/1/2021
2020ToyotaCamry$2,000 2/1/2021
2021ToyotaCamry$1,000 2/1/2021
2020ToyotaCamry Hybrid$3,000 2/1/2021
2021ToyotaCamry Hybrid$1,250 2/1/2021
2021ToyotaCorolla$1,000 2/1/2021
2021ToyotaCorolla Hybrid$1,500 2/1/2021
2021ToyotaCorolla Hatchback$1,000 2/1/2021
2020ToyotaHighlander$3,000 2/1/2021
2021ToyotaHighlander$1,000 2/1/2021
2020ToyotaHighlander Hybrid$3,000 2/1/2021
2021ToyotaHighlander Hybrid$1,500 2/1/2021
2021Toyota4Runner$1,000 2/1/2021
2021ToyotaPrius$1,500 2/1/2021
2021ToyotaRAV4$1,000 2/1/2021
2021ToyotaRAV4 Hybrid$7502/1/2021
2021ToyotaSienna$1,000 2/1/2021
2020ToyotaSequoia$3,000 2/1/2021
2021ToyotaTacoma$1,000 2/1/2021
2021ToyotaTundra$2,000 2/1/2021
2021ToyotaVenza$7502/1/2021




Toyota Finance DealsToyota Finance Deals

Again, most of the same finance deals are extended for another month. A majority of APRs are at 1.9% or 0.0%. Prospective Toyota buyers can get 0 % APR for 60 months on the 2021 Avalon, Corolla, and Camry. Higher rates of 1.9% APR are available for the 2021 Highlander, 2021 RAV4, and 2021 Sienna.

YearMakeModelBest Avail. APRLengthCash BonusExpiration
2021ToyotaAvalon0.00%60 months2/1/2021
2021ToyotaAvalon Hybrid0.00%60 months2/1/2021
2021ToyotaC-HR1.90%60 months2/1/2021
2020ToyotaCamry0.00%72 months2/1/2021
2021ToyotaCamry1.90%60 months2/1/2021
2020ToyotaCamry Hybrid0.00%72 months2/1/2021
2021ToyotaCamry Hybrid0.90%60 months2/1/2021
2021ToyotaCorolla0.00%60 months2/1/2021
2021ToyotaCorolla Hybrid0.00%60 months2/1/2021
2021ToyotaCorolla Hatchback0.00%60 months2/1/2021
2020ToyotaHighlander1.90%60 months2/1/2021
2021ToyotaHighlander1.90%60 months2/1/2021
2020ToyotaHighlander Hybrid1.90%60 months2/1/2021
2021ToyotaHighlander Hybrid1.90%60 months2/1/2021
2021Toyota4Runner2.90%60 months2/1/2021
2021ToyotaPrius0.90%60 months2/1/2021
2021ToyotaRAV41.90%60 months2/1/2021
2021ToyotaRAV4 Hybrid1.90%60 months2/1/2021
2021ToyotaSienna1.90%60 months2/1/2021
2021ToyotaTacoma1.90%60 months2/1/2021
2021ToyotaTundra1.90%60 months2/1/2021
2021ToyotaVenza1.90%60 months2/1/2021

Toyota Lease DealsToyota Lease Deals

There are many lease specials available for Toyota’s 2020 and 2021 models until the end of the month. Most with down payments around $3,000 and with terms lasting for 30-39 months. The 2021 Highlander Hybrid has a deal for $319 per month with $3,999 due at signing. The 2021 Camry is an affordable option with $229 per month for 39 months with $2,999 due at signing. Most of the deals are the same as last month with monthly payments increased by a small margin.

YearMakeModelLease OffersExpiration
2021ToyotaC-HR$199/month for 36 months, $2,999 due at signing2/1/2021
2021ToyotaCamry$229/month for 39 months, $2,999 due at signing2/1/2021
2021ToyotaCamry Hybrid$229/month for 39 months, $2,999 due at signing2/1/2021
2021ToyotaCorolla$159/month for 39 months, $2,999 due at signing2/1/2021
2021ToyotaCorolla Hybrid$159/month for 36 months, $2,999 due at signing2/1/2021
2021ToyotaCorolla Hatchback$169/month for 36 months, $2,999 due at signing2/1/2021
2021ToyotaHighlander$309/month for 36 months, $3,999 due at signing2/1/2021
2021ToyotaHighlander Hybrid$319/month for 36 months, $3,999 due at signing2/1/2021
2021Toyota4Runner$319/month for 39 months, $2,999 due at signing2/1/2021
2021ToyotaPrius$259/month for 39 months, $2,999 due at signing2/1/2021
2021ToyotaRAV4$239/month for 36 months, $2,999 due at signing2/1/2021
2021ToyotaRAV4 Hybrid$239/month for 36 months, $2,999 due at signing2/1/2021
2021ToyotaSienna$329/month for 36 months, $2,999 due at signing2/1/2021
2021ToyotaTacoma$199/month for 39 months, $2,999 due at signing2/1/2021
2021ToyotaTundra$339/month for 36 months, $2,999 due at signing2/1/2021
2021ToyotaVenza$279/month for 36 months, $2,999 due at signing2/1/2021

Toyota New Graduate DealsToyota New Graduate Deals

Recent college graduates from a four-year or two-year college, nursing school, trade, technical, and junior college are eligible to save up to $500 on a purchase or lease of a new Toyota. You must be able to show proof of employment that starts within 120 days of the contract.

ManufacturerProgram NameSpecial Offers & DiscountsEligibility & RequirementsExpiration
ToyotaToyota College Grad Program$500 off purchase/leaseGraduated in past 2 years or next 6 months, Full-time employment or commitment3/31/20

Check out the college student discounts from all car manufacturers.

Toyota Military DealsToyota Military Deals

Active members, reservists, retirees, and veterans (within 2 years of discharge) have until 3/31/20 to get up $500 in cash back savings on the purchase or lease of a new Toyota.

ManufacturerProgram NameSpecial Offers & DiscountsEligibility & RequirementsExpiration
ToyotaToyota Military Rebate$500 off purchase/leaseActive Duty, Reservists, Retirees, Veterans (within 2 years)1/6/2020

Check out the military discounts from all car manufacturers.

Toyota Fleet Program DiscountsToyota Fleet Discounts

Small to medium sized business with a minimum number of 10 vehicles in their fleet can get specialized support and save up to $2,500 off each vehicle through Toyota Fleet.

ManufacturerProgram NameSpecial Offers & DiscountsEligibility & Requirements
ToyotaToyota FleetUp to $2,500 off each vehicleMinimum of 10 vehicles

Check out the fleet program discounts from all car manufacturers.

Toyota Mobility Program DiscountsToyota Mobility Discounts

The Toyota Mobility Program will reimburse customers up to $1,000 and applications must be submitted within 90 days of equipment install.

ManufacturerProgram NameReimbursementEligibilityInstall Equipment WithinApply Within
ToyotaToyota Mobility$1,000 New vehicle1 year of purchase/lease90 days of install

Check out the car mobility discounts from all car manufacturers.

Frequently Asked Questions

How Much Is It to Lease a New Toyota?

You can lease a new Toyota around $200-$300 month. You can currently lease a 2020 Toyota Camry for $249 per month for 36 months with $2,999 due at signing. Or you can lease a 2020 Toyota Rav4 for $239 per month for 36 months with $2,999 due at signing. New deals come and go every month and terms may vary so check out all the latest Toyota lease deals here.

Can I Negotiate a New Toyota Lease?

Yes, you can negotiate a lease with a Toyota dealership. However, it’s a little more complicated that negotiating the purchase price of car. When negotiating a Toyota lease, you can negotiate the total cost of the car (capitalized cost) as well as the money factor (interest rate), mileage limits, and the lease acquisition fee.

How Much Does Toyota Charge for Extra Miles on a Lease?

Mileage charges may vary but the typical fee from Toyota is 15 cents a mile if you go over the preset mileage limit specified in your lease agreement.

Can I Transfer a New Toyota Lease?

You can usually transfer a Toyota lease to someone else. However, Toyota Financial Services will not let you transfer during the first 60 days or the last 6 months of the lease.

Is It Worth Buying Out a New Toyota Lease?

There are lots of factors to consider when contemplating a lease buyout. Are you over or under your mileage allowance? Is there a lease buyout fee? Every situation is a little different and there’s no easy answer. But do remember that you can sometimes negotiate a reduced buyout price with Toyota.

What Are the Best Toyota Lease Deals Near me?

Toyota publishes monthly cashback, financing, and lease specials. But to get the best deal, get prices from several local Toyota dealers. When you introduce competition, dealers will lower their price to win your business. You can often negotiate local deals well below published incentives.

Is It Better to Buy or Lease a New Toyota?

As a rule of thumb, it’s almost always better financially to buy a car rather than lease one, and Toyota is no exception. The exception is if you frequently get new cars and don’t plan to keep one more than a couple years. It’s also easier to negotiate the purchase price of car versus leasing terms. Learn more about how to decide whether to buy or lease a car .