3/4 Front Glamour 2014 Toyota Corolla

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What you must know before buying the Toyota Corolla
  • Redesigned model has seen heavy demand
  • APR specials have improved in select markets
  • Putting off your purchase may bring greater savings
  • Lease offers feature low drive-off costs

Is it a good time to buy a Corolla?

Just redesigned for the 2014 model year and already a big hit with buyers, the much-improved Corolla has been a strong seller with shortages reported at some trim levels. A current available offer in most markets of 1.9% APR financing for up to 60 months will save you money, with extremely limited regional markets in Southern states seeing 0% APR for between 36 and 60 months.

A couple of special discounts do potentially sweeten the deal: recent college grads can take $750 cash back when financing through Toyota, while military members will find $500 in customer cash back.

The upscale LE Plus and S Plus trim levels are stocked in the greatest numbers, while the less-expensive LE and S models can be more difficult to find with the right color and options.

Will playing the waiting game save money?

It’s a tough call. Any time an all-new model hits the streets, pricing is typically higher right at the beginning of its model life due to pent-up demand. With some markets seeing stabilizing Corolla sales now offering 0% APR, expect these deals to become more widespread as time rolls on. Model-year 2015 cars have now landed, but better incentives are still available on the nearly identical 2014.

What about leasing?

Lease specials on the Corolla currently vary greatly from one region to the next, but are quite advantageous and have stayed stable in recent months. In the Southeast, you’ll find a deal on the S Plus of $159 per month for 36 months with $2,588 due at signing. In Southern California, the same S Plus comes at $199 per month for 36 months, but with just $999 due at signing.

*Incentives may vary by region.

Is it a good time to buy a Corolla?

Just redesigned for the 2014 model year and already a big hit with buyers, the much-improved Corolla has been a strong seller with shortages reported at some trim levels. A current available offer in most markets of 1.9% APR financing for up to 60 months will save you money, with extremely limited regional markets in Southern states seeing 0% APR for between 36 and 60 months.

A couple of special discounts do potentially sweeten the deal: recent college grads can take $750 cash back when financing through Toyota, while military members will find $500 in customer cash back.

The upscale LE Plus and S Plus trim levels are stocked in the greatest numbers, while the less-expensive LE and S models can be more difficult to find with the right color and options.

Will playing the waiting game save money?

It’s a tough call. Any time an all-new model hits the streets, pricing is typically higher right at the beginning of its model life due to pent-up demand. With some markets seeing stabilizing Corolla sales now offering 0% APR, expect these deals to become more widespread as time rolls on. Model-year 2015 cars have now landed, but better incentives are still available on the nearly identical 2014.

What about leasing?

Lease specials on the Corolla currently vary greatly from one region to the next, but are quite advantageous and have stayed stable in recent months. In the Southeast, you’ll find a deal on the S Plus of $159 per month for 36 months with $2,588 due at signing. In Southern California, the same S Plus comes at $199 per month for 36 months, but with just $999 due at signing.

*Incentives may vary by region.

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The CarsDirect Price

Prices vary by Style:

Pricing as of 9/30/2014 in 98109
MSRP
$0
  Sales Price
$0
  Cash Rebates
($0)
CarsDirect Price
$0
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Incentives & Rebates

We have access to the most robust incentive and rebate data available. Unfortunately, Toyota is not offering incentives on the L 4dr Sedan at this time.

Lease Deals

Toyota has a pair of attractive leases on the 2014 Corolla. Pay $189 for 36 months with $1,999 due at signing or $249 for 36 months with $0 due at signing.

ModelPaymentTerm (mos)Due at SigningMSRP
S Plus$19936$999$19,083