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Toyota Incentives and Lease Deals for February 2020

Toyota Incentives February 2020 Toyota sales have been steady but incentives have been cut back a bit. In February, they're still offering cash back rebates but their lease deals haven't improved much in recent months.

Of note for February, Toyota is offering up to $4,000 cash rebate on the 2019 Toyota Sequoia. Overall, the average rebate across all models is $2,000.

When it comes to leases, the Toyota Tacoma and 2020 Toyota Tundra offer excellent value. The worst lease deals are on the 2020 Toyota 86, you'll want to stay away from those.

Here are the maximum customer cash-back rebates available nationwide along with the best lease deals. (Note: incentives can vary greatly by region; these figures may not be accurate in your local area. Always verify with your local dealers) Tip: Be sure to use TrueCar and Edmunds Price Promise (They both have good pre-negotiated prices)

Toyota Dealers With the Lowest Prices

Use the free TrueCar service to get highly discounted prices and lease offers from local Dealers.

Best Toyota Lease Deals for February 2020

Vehicle Monthly Payment / $0 Down
MSRP Payment Value
2019 Toyota Mirai Hydrogen$59,420$466Excellent
2020 Toyota Tundra$49,197$451Excellent
2020 Toyota Tacoma$33,683$314Excellent
2019 Toyota Tacoma$32,825$310Excellent
2019 Toyota Highlander$36,404$363Excellent
2019 Toyota 4Runner$38,049$392Good
2019 Toyota Sequoia$54,255$559Good
2020 Toyota RAV4$28,729$324Okay
2019 Toyota RAV4$27,014$305Okay
2020 Toyota 4Runner$38,784$441Okay
2020 Toyota Corolla$22,594$257Okay
2020 Toyota RAV4 Hybrid$29,579$353Okay
2020 Toyota Camry$26,029$314Okay
2019 Toyota Highlander Hybrid$38,334$460Okay
2019 Toyota Camry$26,852$325Okay
2020 Toyota Camry Hybrid$29,464$355Okay
2020 Toyota C-HR$23,243$285Okay
2020 Toyota Prius Prime Plug-in Hybrid$28,789$353Okay
2020 Toyota Corolla Hybrid$24,304$296Okay
2019 Toyota C-HR$22,533$275Okay
2020 Toyota Highlander$37,638$463Okay
2020 Toyota GR Supra$56,140$730Poor
2019 Toyota Prius Hybrid$26,178$349Poor
2020 Toyota Sienna$38,109$518Poor
2020 Toyota Avalon$37,508$527Poor
2020 Toyota Prius Hybrid$28,024$402Poor
2020 Toyota Avalon Hybrid$40,759$585Poor
2020 Toyota 86$28,650$453Terrible

Best Toyota Rebates for February 2020

Vehicle Min Rebate Max Rebate
2019 Toyota 4Runner$1,250$2,000
2019 Toyota 86$3,500$3,500
2019 Toyota C-HR$1,500$2,250
2019 Toyota Camry$1,750$2,000
2019 Toyota Corolla$1,500$1,500
2019 Toyota Highlander$2,000$3,000
2019 Toyota Highlander Hybrid$1,500$3,000
2019 Toyota Mirai Hydrogen$7,500$7,500
2019 Toyota Prius Hybrid$2,500$2,500
2019 Toyota RAV4$1,000$1,500
2019 Toyota Sequoia$4,000$4,000
2019 Toyota Tacoma$1,500$2,000
2020 Toyota 4Runner$500$500
2020 Toyota 86$500$1,000
2020 Toyota Avalon$1,000$1,500
2020 Toyota Avalon Hybrid$1,000$1,500
2020 Toyota C-HR$750$1,000
2020 Toyota Camry$750$1,500
2020 Toyota Camry Hybrid$750$1,500
2020 Toyota Corolla$750$2,000
2020 Toyota Corolla Hybrid$750$1,500
2020 Toyota Prius Hybrid$750$750
2020 Toyota Prius Prime Plug-in Hybrid$1,500$3,000
2020 Toyota RAV4$1,000$1,000
2020 Toyota Sienna$1,750$1,750
2020 Toyota Tacoma$750$1,000
2020 Toyota Tundra$2,000$2,000
2020 Toyota Yaris$500$1,000

Toyota Dealers With the Lowest Prices

Use the free TrueCar service to get highly discounted prices and lease offers from local Dealers.

Other Car Incentives for February 2020

My Recommendation for Car Shoppers

TrueCar and RydeShopper 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.
- Gregg Fidan

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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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