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Toyota Offering $1,000 Rebate to College Grads

May 12, 2011

Toyota is courting debt-saddled college students with an offer of a $1,000 rebate on a new Toyota or Scion vehicle.

Toyota prices have gone up recently due to shortages, so this extra money will help out.

This offer applies to those who have graduated within the last two years or will graduate within six months.

It's good for purchase or lease of a new Toyota Corolla, Matrix, RAV4, Camry, Tacoma and Scion models.

New Toyotas and Scions feature complimentary maintenance for two years or 25,000 miles - which most assuredly helps cash-trapped students.

Though Toyota is making the grand gesture, good deals are out there on comparable cars.

GM offers college graduates preferred pricing, while many other Asian manufacturers also give $500 to college grads.

Honda and Subaru offer college grads competitive financing, since most won't have a credit history and would receive high interest rates as a result.

See the lowest prices on a vehicle in your area (plus see the actual incentives you qualify for)
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My Recommendation for Car Shoppers

TrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.

California Residents - Important:

There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.

- Gregg Fidan

Gregg Fidan

About: Gregg Fidan


Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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