Toyota Incentives and Lease Deals for May 2018
Toyota sales have slowed down in 2018 along with other manufacturers, which means deals should continue to be strong. In 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, Toyota is offering up to $5,000 cash rebate on the 2018 Avalon (including Hybrid), and up to $4,500 on the 2017 Toyota Prius Prime. The all-new Mirai has strong incentives as well, but since it qualifies for large federal tax credits, the numbers are inflated.
When it comes to leases, the 2018 Toyota Highlander, CH-R, RAV4, and a few other models offer excellent value. The worst lease deal is on the 2017 Toyota Prius c, and 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
Top Toyota Lease Deals for May 2018
| Vehicle | Monthly Payment / $0 Down | ||
|---|---|---|---|
| MSRP | Payment | Value | |
| 2018 Toyota mirai | $59,260 | $427 | Excellent |
| 2018 Toyota RAV4 Hybrid | $30,215 | $275 | Excellent |
| 2018 Toyota Highlander | $35,759 | $335 | Excellent |
| 2018 Toyota C-HR | $23,495 | $224 | Excellent |
| 2018 Toyota Avalon | $34,633 | $330 | Excellent |
| 2018 Toyota Avalon Hybrid | $40,073 | $393 | Excellent |
| 2018 Toyota RAV4 | $27,029 | $266 | Excellent |
| 2018 Toyota Tacoma | $37,338 | $374 | Excellent |
| 2018 Toyota Camry Hybrid | $28,919 | $303 | Great |
| 2018 Toyota Tundra | $39,549 | $416 | Great |
| 2018 Toyota Camry | $25,109 | $267 | Great |
| 2018 Toyota Corolla iM | $20,485 | $223 | Great |
| 2018 Toyota Corolla | $20,029 | $223 | Great |
| 2017 Toyota Prius Prime | $28,243 | $323 | Okay |
| 2018 Toyota 4Runner | $37,374 | $439 | Okay |
| 2017 Toyota Tacoma | $35,228 | $416 | Okay |
| 2018 Toyota Sienna | $37,325 | $450 | Okay |
| 2018 Toyota Yaris iA | $17,945 | $225 | Okay |
| 2017 Toyota Prius v | $27,795 | $355 | Poor |
| 2018 Toyota Prius | $25,805 | $356 | Poor |
| 2017 Toyota Sequoia | $54,409 | $762 | Poor |
| 2017 Toyota 86 | $27,840 | $416 | Terrible |
| 2018 Toyota Prius c | $21,764 | $330 | Terrible |
| 2018 Toyota 86 | $27,930 | $480 | Terrible |
Top Toyota Rebates for May 2018
| Vehicle | Min Rebate | Max Rebate |
|---|---|---|
| 2017 Toyota 86 | $2,000 | $2,500 |
| 2017 Toyota Prius Prime | $1,500 | $4,500 |
| 2017 Toyota Prius v | $1,750 | $3,000 |
| 2017 Toyota Sequoia | $1,000 | $1,500 |
| 2017 Toyota Tacoma | $500 | $1,250 |
| 2018 Toyota 86 | $500 | $1,000 |
| 2018 Toyota Avalon | $3,500 | $5,000 |
| 2018 Toyota Avalon Hybrid | $4,000 | $5,000 |
| 2018 Toyota C-HR | $1,000 | $2,000 |
| 2018 Toyota Corolla | $1,000 | $2,000 |
| 2018 Toyota Corolla iM | $1,500 | $1,500 |
| 2018 Toyota Highlander | $1,000 | $1,000 |
| 2018 Toyota mirai | $7,500 | $7,500 |
| 2018 Toyota Prius | $500 | $1,000 |
| 2018 Toyota Prius c | $1,500 | $1,500 |
| 2018 Toyota Prius Prime | $500 | $500 |
| 2018 Toyota RAV4 | $500 | $2,000 |
| 2018 Toyota RAV4 Hybrid | $500 | $2,000 |
| 2018 Toyota Sienna | $500 | $1,000 |
| 2018 Toyota Tundra | $500 | $1,750 |
| 2018 Toyota Yaris | $750 | $750 |
| 2018 Toyota Yaris iA | $1,000 | $1,250 |
Toyota Dealers With the Lowest Prices
Other Car Incentives for May 2018
- Best Acura Deals
- Best Audi Deals
- Best BMW Deals
- Best Chrysler Deals
- Best Ford Deals
- Best GM Deals
- Best Honda Deals
- Best Hyundai Deals
- Best Mercedes Benz Deals
- Best Nissan Deals
- Best Toyota Deals
My Recommendation for Car Shoppers
TrueCar, Edmunds, 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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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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