Toyota Incentives and Lease Deals for 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 | $466 | Excellent |
| 2020 Toyota Tundra | $49,197 | $451 | Excellent |
| 2020 Toyota Tacoma | $33,683 | $314 | Excellent |
| 2019 Toyota Tacoma | $32,825 | $310 | Excellent |
| 2019 Toyota Highlander | $36,404 | $363 | Excellent |
| 2019 Toyota 4Runner | $38,049 | $392 | Good |
| 2019 Toyota Sequoia | $54,255 | $559 | Good |
| 2020 Toyota RAV4 | $28,729 | $324 | Okay |
| 2019 Toyota RAV4 | $27,014 | $305 | Okay |
| 2020 Toyota 4Runner | $38,784 | $441 | Okay |
| 2020 Toyota Corolla | $22,594 | $257 | Okay |
| 2020 Toyota RAV4 Hybrid | $29,579 | $353 | Okay |
| 2020 Toyota Camry | $26,029 | $314 | Okay |
| 2019 Toyota Highlander Hybrid | $38,334 | $460 | Okay |
| 2019 Toyota Camry | $26,852 | $325 | Okay |
| 2020 Toyota Camry Hybrid | $29,464 | $355 | Okay |
| 2020 Toyota C-HR | $23,243 | $285 | Okay |
| 2020 Toyota Prius Prime Plug-in Hybrid | $28,789 | $353 | Okay |
| 2020 Toyota Corolla Hybrid | $24,304 | $296 | Okay |
| 2019 Toyota C-HR | $22,533 | $275 | Okay |
| 2020 Toyota Highlander | $37,638 | $463 | Okay |
| 2020 Toyota GR Supra | $56,140 | $730 | Poor |
| 2019 Toyota Prius Hybrid | $26,178 | $349 | Poor |
| 2020 Toyota Sienna | $38,109 | $518 | Poor |
| 2020 Toyota Avalon | $37,508 | $527 | Poor |
| 2020 Toyota Prius Hybrid | $28,024 | $402 | Poor |
| 2020 Toyota Avalon Hybrid | $40,759 | $585 | Poor |
| 2020 Toyota 86 | $28,650 | $453 | Terrible |
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
- 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 Infiniti Deals
- Best Jeep Deals
- Best Kia Deals
- Best Lexus Deals
- Best Mazda Deals
- Best Mercedes Benz Deals
- Best Nissan Deals
- Best Toyota Deals
- Best Volkswagen Deals
- Best Volvo Deals
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
Get My Free Weekly Advice on Car Buying
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
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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