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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.

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 Incentives

This month’s cash back specials range from $500 to $4,000 on many of Toyota’s lineup. Most of the same deals are available until May 4th. Deals are extended from the previous months but there are few that have been decreased by roughly $500. The 2019 Highlander SUV has $2,500 cash back deal while the 2020 Avalon luxury sedan has a $1,750 special.

YearMakeModelCash Incentives (up to)Expiration
2020Toyota86$1,250 5/4/2020
2020ToyotaAvalon$1,750 5/4/2020
2019ToyotaCamry$2,000 5/4/2020
2020ToyotaCamry$1,250 5/4/2020
2020ToyotaCorolla$1,000 5/4/2020
2020ToyotaCorolla Hybrid$7505/4/2020
2019ToyotaHighlander$2,500 5/4/2020
2020ToyotaHighlander$7505/4/2020
2019Toyota4Runner$1,250 5/4/2020
2020Toyota4Runner$5005/4/2020
2020ToyotaPrius$1,000 5/4/2020
2020ToyotaRAV4$1,500 5/4/2020
2019ToyotaSienna$500
2020ToyotaSienna$1,750 5/4/2020
2019ToyotaTacoma$2,000 5/4/2020
2020ToyotaTacoma$1,500 5/4/2020
2020ToyotaTundra$2,750 5/4/2020
2020ToyotaYaris$1,000 5/4/2020


STOP! Don’t choose a car based on incentives alone.

Use Car Deal Finder to get the best prices from several car dealers at once. Start a bidding war between them to find the lowest price.

 

Toyota Finance Deals

Again, most of the same finance deals are extended for another month. A majority of APRs are at 1.9% or 2.9%. Prospective Toyota buyers can get 1.9% APR on the 2019 Camry, Highlander, and 2020 Sienna. Higher rates of 2.9% APR are available for the 2020 Camry and 2020 Corolla.

YearMakeModelBest Avail. APRLengthCash BonusExpiration
2020ToyotaAvalon2.90%60 months5/4/2020
2019ToyotaCamry1.90%72 months5/4/2020
2020ToyotaCamry2.90%72 months5/4/2020
2020ToyotaCorolla2.90%72 months5/4/2020
2020ToyotaCorolla Hybrid2.90%60 months5/4/2020
2019ToyotaHighlander1.90%60 months5/4/2020
2020ToyotaSienna1.90%60 months5/4/2020
2020ToyotaTacoma1.90%60 months5/4/2020
2020ToyotaTundra0.90%60 months5/4/2020

Toyota Lease Deals

There are many lease specials available for Toyota’s 2019 models until the end of the month. Most with down payments around $3,000 and with terms lasting for 36 months. The family-friendly 2020 Sienna minivan has a deal for $359 per month with $2,999 due at signing. The 2020 Corolla is an affordable option with $179 per month 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
2020ToyotaAvalon$449/month for 36 months, $2,999 due at signing5/4/2020
2020ToyotaCamry$229/month for 36 months, $2,999 due at signing5/4/2020
2020ToyotaCorolla$179/month for 36 months, $2,999 due at signing5/4/2020
2020ToyotaCorolla Hybrid$239/month for 36 months, $2,999 due at signing5/4/2020
2020ToyotaHighlander$359/month for 36 months, $3,999 due at signing5/4/2020
2020ToyotaRAV4$239/month for 36 months, $2,999 due at signing5/4/2020
2020ToyotaSienna$359/month for 36 months, $2,999 due at signing5/4/2020
2020ToyotaTacoma$269/month for 36 months, $2,999 due at signing5/4/2020
2020ToyotaTundra$399/month for 36 months, $2,999 due at signing5/4/2020

Toyota 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 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)3/31/20

Check out the military discounts from all car manufacturers.

Toyota Fleet Program 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 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



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.


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. Check out all the latest Toyota lease deals here.


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. Check out all the latest Toyota lease deals here.



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. Check out all the latest Toyota lease deals here.


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. Check out all the latest Toyota lease deals here.


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. Check out all the latest Toyota lease deals here.


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 .


STOP! Don’t choose a car based on incentives alone.

Use Car Deal Finder to get the best prices from several car dealers at once.   Start a bidding war between them to find the lowest price.