Best Toyota Deals & Lease Offers: May 2017

By

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - May 11, 2017

Special offers from Toyota in May are looking a lot like they did last month. That's not necessarily a bad thing, however. Many popular models now feature 0% financing for up to 72 months or large cashback incentives.

The best deal at the moment is the 2017 Corolla SE with a fairly spectacular lease starting at just $149/month. Interestingly, that's the same price you'll find on the Yaris iA even though the Corolla is a more expensive vehicle.

Need the utility of a crossover? Chances are you'll love the 2017 RAV4. Like many Toyotas, it features the added benefit of standard Toyota Safety Sense and stellar safety ratings. You can lease one from just $219/month or get $2,000 cash.

Shoppers should be aware that the RAV4 will be getting a price cut worth up to $1,330. However, it will also be losing standard features like roof rails on the base model and blind spot monitor on better-equipped trims. These will instead come as part of optional Extra Value Packages. Be sure to ask which version you'll be getting.

Current offers are set to expire May 31, 2017. We may see additional specials for Memorial Day, but there's no guarantee. Check back for updates as they become available.

This Month's Best Toyota Deals

Model Best Lease Deal Best Finance Offer Best Cash Offer Details
Toyota Yaris iA
Toyota Yaris iA
From $149/mo 0%/72 mos $2,000 Learn More »
Toyota Corolla
Toyota Corolla
From $149/mo 0%/72 mos New! $2,000 Learn More »
Toyota Camry
Toyota Camry
From $179/mo 0%/72 mos + $500 $2,500 Learn More »
Toyota RAV4
Toyota RAV4
From $219/mo 0%/72 mos $2,000 Learn More »
Toyota Sienna
Toyota Sienna
From $289/mo 0%/60 mos $2,500 Learn More »

See the full Toyota lineup »

Inside Tips for Toyota Shoppers

You can generally rely on solid deals from Toyota— especially when it comes to purchasing and financing. The Japanese automaker has been delving further into zero percent financing for 72 months across more of its lineup.

When you get to the dealer, expect to find a healthy selection of mainline models like the Camry, Corolla and RAV4. However, shoppers should be aware that models like the Tacoma tend to be extremely rare and see very little (if any) discounting.

Considering an older model in stock? As you might expect, incentives tend to peak just before a model sells out. However, Toyota tends to cancel its lease deals first. So if you see a stellar lease, we recommend snagging it while you can.

And don't forget— every Toyota offers 2 years of complimentary ToyotaCare which includes free routine maintenance and roadside assistance. Fewer automakers have been offering this type of perk when buying a new car.

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website