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Toyota Incentives and Lease Deals for December 2020

Toyota Incentives December 2020 Toyota sales had been steady while incentives were cut back a bit. In December, Toyota is offering 90-day payment deferrals and they're still offering cash back rebates but their lease deals haven't improved much in recent months.

Of note for December, Toyota is offering up to $5,000 cash rebate on the 2020 Toyota Avalon and 2020 Toyota Avalon Hybrid. Overall, the average rebate across all models is $2,000.

When it comes to leases, the Toyota Tacoma and 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 RydeShopper (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 December 2020

Vehicle Monthly Payment / $0 Down
MSRP Payment Value
2021 Toyota Tacoma$33,838$212Excellent
2020 Toyota Mirai Hydrogen$59,570$399Excellent
2020 Toyota Tacoma$33,813$248Excellent
2021 Toyota Corolla Hybrid$24,644$193Excellent
2021 Toyota Corolla$23,910$199Excellent
2020 Toyota Camry Hybrid$29,644$258Excellent
2021 Toyota Highlander Hybrid$41,503$364Excellent
2020 Toyota Highlander Hybrid$41,238$370Excellent
2021 Toyota 4Runner$40,744$365Excellent
2021 Toyota Highlander$40,228$364Excellent
2021 Toyota Tundra$49,666$450Excellent
2020 Toyota Highlander$39,893$366Excellent
2021 Toyota RAV4 Hybrid$30,624$281Excellent
2021 Toyota Camry Hybrid$28,524$271Excellent
2021 Toyota RAV4 Prime Plug-in Hybrid$39,544$376Excellent
2021 Toyota RAV4$28,984$281Excellent
2020 Toyota Prius Prime Plug-in Hybrid$29,618$287Excellent
2020 Toyota Tundra$46,364$458Excellent
2020 Toyota Camry$27,584$273Excellent
2020 Toyota Prius Hybrid$26,749$268Excellent
2021 Toyota Venza$33,914$341Good
2021 Toyota Camry$27,624$281Good
2020 Toyota C-HR$23,169$238Good
2021 Toyota Prius Hybrid$28,389$291Good
2021 Toyota Prius Prime Hybrid$29,553$307Good
2021 Toyota Venza Hybrid$33,914$364Good
2021 Toyota C-HR$23,114$251Good
2021 Toyota Sienna Hybrid$37,855$423Good
2020 Toyota RAV4 Hybrid$30,844$345Okay
2020 Toyota RAV4$28,794$325Okay
2020 Toyota Sienna$40,614$460Okay
2021 Toyota Prius Prime Plug-in Hybrid$29,474$336Okay
2020 Toyota 4Runner$40,604$462Okay
2021 Toyota GR Supra$53,450$605Okay
2021 Toyota Land Cruiser$87,198$1,041Okay
2020 Toyota GR Supra$51,139$625Okay
2020 Toyota Avalon Hybrid$39,354$482Okay
2020 Toyota Avalon$38,223$477Okay
2021 Toyota Avalon$37,830$481Poor
2021 Toyota Avalon Hybrid$37,955$501Poor
2020 Toyota 86$28,775$423Terrible

Best Toyota Rebates for December 2020

Vehicle Min Rebate Max Rebate
2020 Toyota 4Runner$1,000$1,500
2020 Toyota 86$1,000$2,000
2020 Toyota Avalon$3,500$5,000
2020 Toyota Avalon Hybrid$3,500$5,000
2020 Toyota C-HR$1,750$2,000
2020 Toyota Camry$1,500$2,000
2020 Toyota Camry Hybrid$3,000$3,000
2020 Toyota GR Supra$3,500$4,500
2020 Toyota Highlander$1,750$2,500
2020 Toyota Highlander Hybrid$2,000$2,500
2020 Toyota Prius Hybrid$2,000$2,000
2020 Toyota Prius Prime Plug-in Hybrid$2,500$4,500
2020 Toyota RAV4$1,750$2,000
2020 Toyota RAV4 Hybrid$1,250$1,250
2020 Toyota Sequoia$1,000$1,000
2020 Toyota Sienna$1,750$2,250
2020 Toyota Tacoma$1,000$1,500
2020 Toyota Tundra$2,000$2,500
2020 Toyota Yaris$1,000$1,500
2021 Toyota 4Runner$500$1,000
2021 Toyota Avalon$2,000$2,000
2021 Toyota Avalon Hybrid$2,000$2,000
2021 Toyota C-HR$500$1,000
2021 Toyota Camry$500$1,000
2021 Toyota Camry Hybrid$750$1,000
2021 Toyota Corolla$1,000$1,500
2021 Toyota Corolla Hybrid$1,500$2,000
2021 Toyota GR Supra$1,500$1,500
2021 Toyota Highlander$750$1,500
2021 Toyota Highlander Hybrid$750$1,500
2021 Toyota Prius Hybrid$1,000$1,000
2021 Toyota Prius Prime Plug-in Hybrid$1,750$2,500
2021 Toyota RAV4$1,000$1,250
2021 Toyota RAV4 Hybrid$750$1,000
2021 Toyota Tacoma$500$1,250
2021 Toyota Tundra$1,750$1,750
2021 Toyota Venza$500$750

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 December 2020

My Recommendation for Car Shoppers

TrueCar, RydeShopper, and CarsDirect are the best 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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