2022 Toyota Corolla Prices and Deals

2022 Corolla is here

The carryover 2022 Corolla is now available and continues with many of the same offers, though it loses its cash rebate.

Dealerships are experiencing inventory shortages, so you may have a hard time finding the perfect Corolla for you.

Toyota's deals are regional and will expire on November 30, 2021. All deals mentioned here are for Southern California unless specified otherwise. This page is updated monthly with the latest incentives, so be sure to check back for the latest information.

We may see holiday bonus cash as we near Black Friday, so stay tuned.

Toyota Corolla Lease Deals

Lease from $263/mo.

The 2022 Corolla also has no promotional leases advertised this month, so there are only full-retail lease options for now. These start from an estimated $263 per month for 36 months with $2,913 due at signing on the LE Sedan trim with CVT. With an effective monthly cost of $344, this is not a good value for its MSRP.

The 2022 Corolla Hybrid LE's 36-month full-retail lease will set you back an estimated $286 per month with $2,936 due at signing. This adds up to a $368 monthly effective cost, which makes the Corolla Hybrid LE's lease a terrible value relative to its MSRP.

There's also a 36-month lease on the 2022 Corolla SE Hatchback that runs $291 per month with $2,941 due at signing. With an effective monthly cost of $373, this is a poor value relative to its MSRP.

All Corolla lease offers include an allowance of 12,000 miles per year.

Toyota Corolla Rebate Deals

Cash incentive remains

The 2022 Toyota Corolla loses its $500 cash offer. We're not sure when this will return.

Toyota Corolla Finance Deals

Finance from 2.9%

The 2022 Toyota Corolla continues with two APR offers this month, 2.9% for 60 months or 3.9% for 72 months.