Toyota Incentives and Lease Deals for May 2022
When it comes to leases, the 2022 Toyota Tundra and Highlander Hybrid offer Good value. The worst lease deals are on the 2022 Toyota Avalon and 2022 Corolla, you'll want to stay away from leasing these models.
Of note for May, Toyota is offering up to $500 in cash rebates on the 2022 Toyota Tacoma and $500 on the 2022 Prius Prime Plug-in Hybrid. Overall, the average rebate across all Toyota models is currently $500.
As for low APR deals, Toyota is offering 0% financing for 72 months, plus up to $17,000 cash back on the 2022 Toyota Mirai Hydrogen.
Incentives can vary a lot by region. Always verify with your local dealers - I recommend using TrueCar to quickly get local pricing and incentives.
Best Toyota Deals
Best Toyota Lease Deals
| Vehicle | Monthly Payment / $0 Down | ||||
|---|---|---|---|---|---|
| MSRP | Payment | Value | Best Region | Deals | |
| 2022 Toyota Tundra | $42,305 | $451 /mo | Good | Southeast | |
| 2022 Toyota RAV4 Prime Plug-in Hybrid | $42,680 | $459 /mo | Good | New York | |
| 2022 Toyota Highlander Hybrid | $40,030 | $451 /mo | OK | Southeast | |
| 2022 Toyota Venza | $34,105 | $391 /mo | OK | Southeast | |
| 2022 Toyota Highlander | $38,580 | $441 /mo | OK | Southeast | |
| 2022 Toyota Venza Hybrid | $34,439 | $402 /mo | OK | New York | |
| 2022 Toyota Prius Prime Plug-in Hybrid | $29,504 | $343 /mo | OK | New York | |
| 2022 Toyota Corolla Hybrid | $25,024 | $305 /mo | OK | New York | |
| 2022 Toyota C-HR | $25,518 | $314 /mo | OK | New York | |
| 2022 Toyota Camry Hybrid | $28,360 | $351 /mo | OK | Southeast | |
| 2022 Toyota RAV4 Hybrid | $30,649 | $382 /mo | OK | New York | |
| 2022 Toyota Corolla Cross | $25,720 | $322 /mo | OK | Southeast | |
| 2022 Toyota RAV4 | $29,409 | $373 /mo | Poor | New York | |
| 2022 Toyota Sienna Hybrid | $35,735 | $451 /mo | Poor | Southeast | |
| 2022 Toyota Camry | $26,275 | $341 /mo | Poor | Southeast | |
| 2022 Toyota Sienna | $38,295 | $499 /mo | Poor | New York | |
| 2022 Toyota Prius Hybrid | $26,715 | $352 /mo | Poor | Southeast | |
| 2022 Toyota Corolla | $22,441 | $295 /mo | Poor | New York | |
| 2022 Toyota Mirai Hydrogen | $52,109 | $757 /mo | Terrible | Los Angeles | |
| 2022 Toyota Avalon | $38,400 | $596 /mo | Terrible | New York | |
Best Toyota Cash Rebates
| Vehicle | Best Region | Max Rebate |
|---|---|---|
| 2022 Toyota Tacoma | Detroit | $500 |
| 2022 Toyota Prius Prime Plug-in Hybrid | Multiregion | $500 |
Best Toyota Finance Deals
| Vehicle | 36 mo | 48 mo | 60 mo | 72 mo |
|---|---|---|---|---|
| 2022 Toyota Tundra Hybrid | 2.75% | 2.75% | 2.75% | 3.75% |
| 2022 Toyota Tundra | 1.9% | 2.75% | 2.75% | 3.75% |
| 2022 Toyota Tacoma | 1.75% | 1.75% | 2.75% | 3.75% |
| 2022 Toyota Sienna | 1.9% | - | - | - |
| 2022 Toyota RAV4 Hybrid | 1.75% | 1.75% | 2.75% | 3.75% |
| 2022 Toyota RAV4 | 1.75% | 1.75% | 2.75% | 3.75% |
| 2022 Toyota Prius Hybrid | - | - | 2.9% | - |
| 2022 Toyota Mirai Hydrogen | - | - | - | 0%
+$17,000 |
| 2022 Toyota Highlander Hybrid | 1.75% | 1.75% | 2.75% | 3.75% |
| 2022 Toyota Highlander | 1.75% | 1.75% | 2.75% | 3.75% |
| 2022 Toyota Corolla Hybrid | 1.75% | 1.75% | 2.75% | 3.75% |
| 2022 Toyota Corolla | 1.75% | 1.75% | 2.75% | 3.75% |
| 2022 Toyota Corolla Cross | 1.9% | - | - | - |
| 2022 Toyota Camry Hybrid | 1.75% | 1.75% | 2.75% | 3.75% |
| 2022 Toyota Camry | 1.75% | 1.75% | 2.75% | 3.75% |
| 2021 Toyota C-HR | - | - | - | 1.9% |
Best Toyota Deals
Incentives By Make
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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).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...
- 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
