Toyota Incentives and Lease Deals for August 2021
Last Updated: Jul 29, 2021
Toyota sales had been steady while incentives were cut back a bit. In August, 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.
When it comes to leases, the 2021 Toyota Corolla Hybrid and Highlander will likely offer Excellent value. The worst lease deals are probably going to be on the 2022 Toyota Corolla and 2021 GR Supra, you'll want to stay away from leasing these models.
Of note for August, Toyota is forecast to offer up to $5,500 in cash rebates on the 2021 Toyota Prius Prime Plug-in Hybrid and $4,000 on the 2021 Avalon. Overall, the average rebate across all Toyota models is currently $1,400.
As for low APR deals, Toyota will likely continue to offer 0% financing for 72 months, plus up to $20,000 cash back on the 2021 Toyota Prius Prime Plug-in Hybrid and 2021 Mirai Hydrogen.
Incentives can vary a lot by region. Always verify with your local dealers - I recommend using TrueCar and NADAGuides to quickly get local pricing and incentives.
Best Toyota Deals
TrueCar is the best overall service to quickly get pre-negotiated price quotes and lease offers from local Toyota dealers.
Best Toyota Lease Deals
Lease Deals based on $0 Down Payment. 36 month, 12,000 miles/year. Expires Aug 02, 2021
| Vehicle | Monthly Payment / $0 Down | ||||
|---|---|---|---|---|---|
| MSRP | Payment | Value | Best Region | Deals | |
| 2021 Toyota Prius Prime Plug-in Hybrid | $29,474 | $217 /mo | Excellent | New York | Local Deals |
| 2021 Toyota Corolla Hybrid | $24,844 | $217 /mo | Excellent | New York | Local Deals |
| 2021 Toyota Mirai Hydrogen | $67,420 | $631 /mo | Excellent | SF Bay | Local Deals |
| 2021 Toyota Highlander | $40,378 | $382 /mo | Excellent | New York | Local Deals |
| 2021 Toyota Camry Hybrid | $28,524 | $275 /mo | Excellent | New York | Local Deals |
| 2021 Toyota Venza | $34,165 | $334 /mo | Excellent | Multiregion | Local Deals |
| 2021 Toyota Highlander Hybrid | $40,049 | $402 /mo | Excellent | Texas | Local Deals |
| 2021 Toyota Corolla | $21,719 | $217 /mo | Excellent | New York | Local Deals |
| 2021 Toyota Tacoma | $33,903 | $353 /mo | Good | SF Bay | Local Deals |
| 2021 Toyota Sienna Hybrid | $35,855 | $373 /mo | Good | New York | Local Deals |
| 2021 Toyota Camry | $26,224 | $275 /mo | Good | New York | Local Deals |
| 2021 Toyota RAV4 | $27,694 | $295 /mo | Good | Detroit | Local Deals |
| 2021 Toyota RAV4 Prime Plug-in Hybrid | $41,359 | $441 /mo | Good | SF Bay | Local Deals |
| 2021 Toyota Sienna | $38,350 | $431 /mo | OK | Texas | Local Deals |
| 2021 Toyota C-HR | $23,483 | $266 /mo | OK | New York | Local Deals |
| 2021 Toyota Prius Hybrid | $28,299 | $324 /mo | OK | New York | Local Deals |
| 2021 Toyota RAV4 Hybrid | $30,268 | $353 /mo | OK | Texas | Local Deals |
| 2021 Toyota Avalon Hybrid | $39,354 | $488 /mo | OK | New York | Local Deals |
| 2021 Toyota Avalon | $38,229 | $488 /mo | Poor | New York | Local Deals |
| 2022 Toyota Corolla Hybrid | $24,630 | $332 /mo | Poor | Southeast | Local Deals |
| 2021 Toyota GR Supra | $48,323 | $656 /mo | Poor | Multiregion | Local Deals |
| 2022 Toyota Corolla | $21,505 | $302 /mo | Poor | Southeast | Local Deals |
Best Toyota Cash Rebates
| Vehicle | Best Region | Max Rebate |
|---|---|---|
| 2021 Toyota Prius Prime Plug-in Hybrid | Boston | $5,500 |
| 2021 Toyota Avalon | Pacific NW | $4,000 |
| 2021 Toyota Avalon Hybrid | Pacific NW | $3,500 |
| 2022 Toyota Prius Prime Plug-in Hybrid | Multiregion | $2,000 |
| 2021 Toyota Prius Hybrid | Multiregion | $1,500 |
| 2021 Toyota Camry Hybrid | Northeast | $1,500 |
| 2021 Toyota Venza | Washington DC | $1,000 |
| 2021 Toyota Corolla Hybrid | Multiregion | $1,000 |
| 2021 Toyota Corolla | Multiregion | $1,000 |
| 2021 Toyota Camry | Northeast | $1,000 |
| 2021 Toyota RAV4 | Multiregion | $750 |
| 2021 Toyota Highlander Hybrid | Multiregion | $750 |
| 2021 Toyota Highlander | Multiregion | $750 |
| 2021 Toyota C-HR | Multiregion | $750 |
| 2021 Toyota Tacoma | Varies (Bonus Cash) | $500 |
| 2021 Toyota Tundra | Varies (Bonus Cash) | $500 |
| 2022 Toyota Prius Hybrid | Multiregion | $500 |
| 2022 Toyota Corolla Hybrid | Multiregion | $500 |
| 2022 Toyota Corolla | Multiregion | $500 |
| 2021 Toyota Sienna | Multiregion | $500 |
Best Toyota Finance Deals
| Vehicle | 36 mo | 48 mo | 60 mo | 72 mo |
|---|---|---|---|---|
| 2022 Toyota Prius Hybrid | 2.9% | 2.9% | 2.9% | 3.9% |
| 2022 Toyota Corolla Hybrid | 2.9% | 2.9% | 2.9% | 3.9% |
| 2022 Toyota Corolla | 2.9% | 2.9% | 2.9% | 3.9% |
| 2021 Toyota Venza | 1.9% | 1.9% | 1.9% | 2.9% |
| 2021 Toyota Sienna | 0.9% | 2.9% | 2.9% | 3.9% |
| 2021 Toyota RAV4 | 0% | 2.9% | 2.9% | 3.9% |
| 2021 Toyota Prius Hybrid | 1.9% | 1.9% | 0% | 2.9% |
| 2021 Toyota Prius Prime Plug-in Hybrid | 0% | 0% | 0%
+$1,500 |
0%
+$500 |
| 2021 Toyota Mirai Hydrogen | 0%
+$15,000 |
0%
+$15,000 |
0%
+$15,000 |
0%
+$20,000 |
| 2021 Toyota Highlander Hybrid | 0% | 2.9% | 2.9% | 3.9% |
| 2021 Toyota Highlander | 0% | 2.9% | 2.9% | 3.9% |
| 2021 Toyota Corolla Hybrid | 0% | - | 1.9% | 2.9% |
| 2021 Toyota Corolla | 0% | 1.9% | 1.9% | 2.9% |
| 2021 Toyota Corolla | 0% | 1.9% | 1.9% | 2.9% |
| 2021 Toyota Camry Hybrid | 0% | 1.9% | 1.9%
+$500 |
2.9%
+$500 |
| 2021 Toyota Camry | 0% | 1.9% | 1.9% | 2.9% |
| 2021 Toyota C-HR | 0% | 2.9% | 2.9% | 3.9% |
| 2021 Toyota Avalon Hybrid | 0% | 0% | 0% | 0.9% |
| 2021 Toyota Avalon | - | - | 0% | 1.9% |
Best Toyota Deals
TrueCar is the best overall service to quickly get pre-negotiated price quotes and lease offers from local Toyota dealers.
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My Recommendation for Car Shoppers
TrueCar No-Haggle, CarsDirect, and NADAGuides 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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