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Toyota Incentives and Lease Deals for July 2020

Toyota Incentives July 2020 Toyota sales had been steady while incentives were cut back a bit. In July, 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. We're still waiting to see if Toyota will be offering any special loyalty or bonus rebates related to the economic shutdown.

Of note for July, Toyota is offering up to $3,500 cash rebate on the 2020 Toyota Highlander. Overall, the average rebate across all models is $2,100.

When it comes to leases, the 2020 Toyota Tacoma and Tundra offer excellent value. The worst lease deals are on the 2021 Toyota Corolla, you'll want to stay away from those for the time being.

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 July 2020

Vehicle Monthly Payment / $0 Down
MSRP Payment Value
2019 Toyota Mirai Hydrogen$59,609$466Excellent
2020 Toyota Tacoma$32,633$266Excellent
2020 Toyota Tundra$49,197$451Excellent
2019 Toyota Highlander$36,554$343Excellent
2020 Toyota Prius Prime Plug-in Hybrid$28,789$275Excellent
2020 Toyota RAV4$28,829$305Good
2020 Toyota C-HR$23,322$246Good
2020 Toyota Corolla$23,129$245Good
2020 Toyota C?HR $23,322$246Good
2020 Toyota 4Runner$38,784$412Good
2020 Toyota Highlander$39,838$431Good
2020 Toyota RAV4 Hybrid$29,735$324Good
2020 Toyota Highlander Hybrid$41,238$450Good
2020 Toyota Camry$26,054$285Good
2020 Toyota Camry Hybrid$29,464$324Good
2020 Toyota Corolla Hybrid$24,055$267Good
2020 Toyota Avalon Hybrid$39,214$450Okay
2020 Toyota GR Supra$56,140$643Okay
2020 Toyota Avalon$38,014$441Okay
2020 Toyota Prius Hybrid$25,608$316Okay
2020 Toyota Sienna$35,819$460Poor
2020 Toyota 86$28,735$382Poor
2020 Toyota Yaris$18,680$275Terrible
2021 Toyota Corolla Hybrid$24,355$373Terrible
2021 Toyota Corolla$21,230$333Terrible

Best Toyota Rebates for July 2020

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

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 July 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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