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Toyota Incentives and Lease Deals for May 2017

Toyota IncentivesToyota sales have slowed down a bit, and Toyota wants 2017 to be a strong year, which means deals should be getting better. This May, they're still offering cash back rebates and have increased lease deals on some models, especially on remaining leftover models.

Of note for May, Lexus has gotten rid of cash rebates, but still has some good lease deals and hidden rebates. Toyota is offering financing for as low as 0% for up to 36 months or 1.9% for up to 48 months on many models, and a few lease deals with monthly payments of less than $350 per month with $0 down - with the Toyota Corolla available for under $200 per month in some regions. Toyota also offers two years of free maintenance on the purchase of any new car.

There are additional discounts available on almost all models including a $1,000 student/college grad/military bonus and 2 years of free maintenance.

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 Rebates for May 2017

Model Max Rebate
2016 Toyota Avalon $3,500
2016 Toyota Avalon Hybrid $3,500
2016 Toyota Prius c $2,500
2016 Toyota Sequoia $1,000
2016 Toyota Sienna $2,500
2017 Toyota Avalon $2,500
2017 Toyota Avalon Hybrid $2,000
2017 Toyota Camry $2,500
2017 Toyota Camry Hybrid $2,500
2017 Toyota Corolla $2,000
2017 Toyota Corolla iM $2,000
2017 Toyota Highlander $500
2017 Toyota Highlander Hybrid $500
2017 Toyota Prius $1,500
2017 Toyota Prius c $1,000
2017 Toyota Prius Prime $2,500
2017 Toyota Prius V $2,000
2017 Toyota RAV4 $2,000
2017 Toyota RAV4 Hybrid $2,000
2017 Toyota Sequoia $750
2017 Toyota Sienna $2,500
2017 Toyota Tundra $1,250
2017 Toyota Yaris iA $2,000

Top Toyota Lease Deals for May 2017

Model Term
(months)
Down
Payment
Monthly
Payment Range
2016 Toyota 4Runner 36 $0 $413 to $482
2016 Toyota 4Runner 48 $0 $434 to $434
2016 Toyota Prius c 36 $0 $273 to $300
2016 Toyota Sequoia 36 $0 $614 to $646
2017 Toyota 4Runner 36 $0 $452 to $462
2017 Toyota 86 36 $0 $364 to $395
2017 Toyota Avalon 36 $0 $411 to $507
2017 Toyota Avalon Hybrid 36 $0 $431 to $539
2017 Toyota Camry 36 $0 $249 to $285
2017 Toyota Camry Hybrid 36 $0 $264 to $407
2017 Toyota Corolla 36 $0 $188 to $244
2017 Toyota Corolla iM 36 $0 $224 to $264
2017 Toyota Highlander 36 $0 $337 to $432
2017 Toyota Land Cruiser 36 $0 $1,055 to $1,055
2017 Toyota Prius 36 $0 $292 to $362
2017 Toyota Prius c 36 $0 $289 to $310
2017 Toyota Prius Prime 36 $0 $321 to $423
2017 Toyota Prius V 36 $0 $317 to $368
2017 Toyota RAV4 36 $0 $248 to $302
2017 Toyota RAV4 Hybrid 36 $0 $321 to $341
2017 Toyota Sienna 36 $0 $335 to $402
2017 Toyota Tacoma 36 $0 $294 to $399
2017 Toyota Tacoma 48 $0 $277 to $277
2017 Toyota Tundra 36 $0 $392 to $637
2017 Toyota Tundra 48 $0 $432 to $432
2017 Toyota Yaris 36 $0 $296 to $296
2017 Toyota Yaris iA 36 $0 $210 to $234

Top Lexus Lease Deals for May 2017

Model Term
(months)
Down
Payment
Monthly
Payment Range
2017 Lexus CT Hybrid 36 $0 $331 to $331
2017 Lexus ES 36 $0 $441 to $441
2017 Lexus ES Hybrid 36 $0 $556 to $556
2017 Lexus GS 36 $0 $616 to $616
2017 Lexus GX 36 $0 $625 to $625
2017 Lexus IS 36 $0 $425 to $523
2017 Lexus LS 36 $0 $1,043 to $1,043
2017 Lexus LX 36 $0 $1,127 to $1,127
2017 Lexus NX 36 $0 $409 to $425
2017 Lexus NX Hybrid 36 $0 $523 to $523
2017 Lexus RC 36 $0 $585 to $585
2017 Lexus RX 350 36 $0 $523 to $523
2017 Lexus RX Hybrid 36 $0 $620 to $620

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 May 2017

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

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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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