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Toyota Incentives and Lease Deals for December 2023

Last Updated: Dec 08, 2023
Toyota Incentives December 2023

Toyota does not currently offer any cash back rebates, but when it comes to leases, the 2024 Toyota Tundra and 2023 Tundra offer Excellent value. The worst lease deals are on the 2023 Toyota Camry Hybrid and 2023 Tundra i-FORCE MAX Hybrid, you'll want to stay away from leasing these models.

As for low APR deals, Toyota is offering 0% financing for 72 months, plus up to $22,000 cash back on the 2023 Toyota Mirai Hydrogen.

Incentives can vary a lot by region. Always verify with your local dealers.

Ready to Negotiate the Best Toyota Deal?

The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)

Toyota Lease Deals Summary

Looking at the data for Toyota lease deals over the past year, we can note that the "Bang for Buck" value, which indicates the value of the lease deal by dividing the MSRP by the Monthly Payment, has remained fairly consistent. The range for Toyota leases over the last 12 months is between 70 and 74, with an average of 72.

The current lease deals, with a B4B of 70, are on the lower end of the range, so take that into account when considering leasing - as deals may get better in the next few months (albeit slightly).

Note: fluctuations you see in the chart when it comes to monthly payments is a combination of Bang for Buck values and changes in trim levels and MSRPs promoted in advertised lease deals. There will not always be a perfect correlation between B4B and average monthly payments due to changes in MSRPs.

Toyota Lease Deals 1 Year Chart

Best Current Toyota Lease Deals December 2023

Lease Deals based on $0 Down Payment. 36 month, 10,000 miles/year. Expired Dec 05, 2023
Vehicle Monthly Payment / $0 Down
MSRP Payment Value Best Region Deals
Toyota bZ4X Electric 2023 XLE Electric 1SPEED $46,624 $450 /mo Excellent New York
Toyota Tundra 2024 SR5 10AT Special Edition (TB ) $55,062 $535 /mo Excellent Texas
Toyota Tundra 2023 SR5 $46,265 $511 /mo Excellent Southeast
Toyota Prius Prime Plug-in Hybrid 2023 SE -F $34,103 $393 /mo Good Los Angeles
Toyota 4Runner 2023 TRD OFF PR $48,034 $556 /mo Good SF Bay
Toyota Tacoma 2023 DBL CAB SR5 $36,315 $421 /mo Good Southeast
Toyota Highlander Hybrid 2023 LE $41,955 $511 /mo Good Southeast
Toyota Highlander 2023 LE $40,355 $491 /mo Good Southeast
Toyota Camry 2024 LE $27,814 $355 /mo OK SF Bay
Toyota Tundra i-FORCE MAX Hybrid 2024 Max LTD 10AT $65,704 $857 /mo OK New York
Toyota Corolla Cross Hybrid 2023 CUV SE $30,625 $402 /mo OK Southeast
Toyota RAV4 Prime Plug-in Hybrid 2023 SE $46,414 $614 /mo OK New York
Toyota Venza 2023 $35,955 $471 /mo OK Southeast
Toyota Sienna Hybrid 2024 LE $42,085 $559 /mo OK Los Angeles
Toyota Corolla Cross 2023 LE 2.0L $27,275 $362 /mo OK Southeast
Toyota Crown Hybrid 2024 XLE -F $41,245 $561 /mo OK Southeast
Toyota Grand Highlander 2024 XLE $46,423 $624 /mo OK SF Bay
Toyota Grand Highlander Hybrid 2024 4DR WGN XLE $46,005 $621 /mo OK Southeast
Toyota Crown Hybrid 2023 XLE -F $41,045 $551 /mo OK Southeast
Toyota Corolla Hybrid 2023 LE $24,145 $332 /mo OK Southeast
Toyota Sequoia Hybrid 2024 SR5 10AT $68,330 $945 /mo OK New York
Toyota RAV4 Hybrid 2023 LE $32,560 $451 /mo OK Southeast
Toyota RAV4 2023 LE $29,610 $411 /mo OK Southeast
Toyota Camry Hybrid 2024 LE $29,950 $421 /mo OK Southeast
Toyota Corolla 2023 $22,795 $322 /mo OK Southeast
Toyota 4Runner 2024 SR5 $42,194 $607 /mo OK Los Angeles
Toyota Prius Hybrid 2024 L $28,745 $412 /mo OK Southeast
Toyota RAV4 2024 LE $29,810 $431 /mo Poor Southeast
Toyota Corolla Hybrid 2024 LE -F $24,395 $352 /mo Poor Southeast
Toyota Sienna Hybrid 2023 LE $40,839 $595 /mo Poor New York
Toyota Venza Hybrid 2023 LE $36,324 $527 /mo Poor New York
Toyota RAV4 Hybrid 2024 LE $32,810 $481 /mo Poor Southeast
Toyota Corolla 2024 LE $22,995 $339 /mo Poor SF Bay
Toyota Prius Hybrid 2023 LE -F $30,359 $449 /mo Poor New York
Toyota GR Supra 2024 RZ $61,479 $935 /mo Poor New York
Toyota Mirai Hydrogen 2023 XLE $52,005 $828 /mo Poor Los Angeles
Toyota Tundra i-FORCE MAX Hybrid 2023 Max Capstone 10AT $79,674 $1,278 /mo Poor Pacific NW
Toyota Camry Hybrid 2023 SE $32,808 $588 /mo Terrible Los Angeles
Toyota does not offer Cash Rebates

Best Toyota Finance Deals

Vehicle 36 mo 48 mo 60 mo 72 mo Deals
2023 Toyota Tacoma - - 2.99% 3.49%
2023 Toyota Sienna 2.9% - - -
2023 Toyota RAV4 Hybrid 2.9% 4.99% 5.99% 6.49%
2023 Toyota RAV4 2.9% 3.99% 4.99% 5.49%
2023 Toyota Mirai Hydrogen - - - 0%
+$22,000
2023 Toyota Highlander Hybrid 2.9% 4.99% 5.99% 6.49%
2023 Toyota Highlander 2.9% 3.99%
+$1,000
4.99%
+$1,000
5.49%
+$1,000
2023 Toyota Corolla Hybrid 2.9% 4.99% 5.99% 6.49%
2023 Toyota Corolla 2.9% 3.99% 4.99% 5.49%
2023 Toyota Corolla Cross 2.9% - - -
2023 Toyota Camry Hybrid 4.99% 2.75% 5.99% 6.49%
2023 Toyota Camry 3.99% 2.75% 4.99% 5.49%
2023 Toyota bZ4X Electric 1.99%
+$2,500
1.99%
+$2,500
1.99%
+$2,500
1.99%
+$2,500

Ready to Negotiate the Best Toyota Deal?

The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)

Incentives By Make

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