About Real Car Tips
Profile Pic
Find the Best Car Deals Near You ⤵

Toyota Prices Increasing Due to Limited Supply

Toyota PricesToyota has announced that production will be severely limited throughout the rest of the spring and possibly through the end of the year due to parts shortages.

This is bad news for Toyota shoppers because limited supply tends to push prices higher.

Over the next several weeks, Toyota’s U.S. plants will operate at 50% capacity until at least June 3rd.

Toyota operates 13 assembly plants in North America, producing vehicles that include the Avalon, Camry, Corolla, Highlander, and others.

Overall, about 70% of all Toyota models sold in the U.S. are made in North America.

Toyota has officially warned its 1,500 dealerships to expect shortages, especially on popular fuel-efficient models such as the Prius and Corolla.

Some Toyota dealers are concerned they will run out of inventory by the end of May or June, so don't expect great deals on Toyota this spring.

If you're wanting to purchase a Toyota and want to save as much as you can, you should do it either very soon while dealers still have supply or wait closer to the end of the year when production gets back to normal.

3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:

Step 1 Get Prices From My Trusted Network

Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.

Step 3 Complete my Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...

(Absolutely NO SPAM, easy to unsubscribe)

About The Author

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.

Latest Weekly Car Buying Tips

January 2023

December 2022

I welcome your car buying questions. Email Me and I'll be glad to answer them!

Your Zip Code: