2022 toyota corolla
MSRP
$21,100
CarsDirect Target Price
$21,100
Lease EstimateSee Lease Deals
$261/mo
Finance Estimate
$296/mo
Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2022 Toyota Corolla
Lease
$261 / month
Finance
$296 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00115 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
Sales Tax
Reset

2022 Toyota Corolla Prices and Deals

Justin Cupler
Automotive Editor - November 4, 2021
  • 2022 Corolla is here
  • Lease: From $263/mo. (est.)
  • Finance: From 2.9% APR
  • Rebates: No cash offers

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.

New Car Quick Quote

Please select a model

Get Your Price

Advertised Lease Deals

2022 L Sedan with CVT (Estimated Payment)
$263Monthly Payment
Term Length (months): 36
Due at signing: $2,913
Mileage: 12k
MSRP: $21,100
Deal Valid in: Southern California
Expiration: 11/30/21
2022 SE Hatchback with CVT (Estimated Payment)
$291Monthly Payment
Term Length (months): 36
Due at signing: $2,941
Mileage: 12k
MSRP: $22,940
Deal Valid in: Southern California
Expiration: 11/30/21

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

CarsDirect Target Price

Prices vary by style

CarsDirectPricing as of 11/27/21 in 20149
MSRP
$21,100
Sales Price
$21,100
Cash Rebates
$0
Target Price
$21,100
Lease Estimate
$261/mo
Finance Estimate
$296/mo

Financing Incentives

RebateAmount
Promotional APR Offer Promotional APR programs available for qualified buyers. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Contracts must be processed by TFS.
Term(s)1 - 2425 - 3637 - 4849 - 6061 - 72
Rate %2.9%2.9%2.9%2.9%3.9%
Eligibility Contracts must be processed by TFS.

Hurry! Offer expires

Leases For Similar Cars

Based on 2022 Toyota Corolla L 4dr Sedan w/CVT - MSRP $21,100

Toyota Lease Deals, Financing Incentives & Rebates: November 2021

We've put together a list of the latest & greatest Toyota lease deals, rebates, and APR incentives. Get insider tips on how you can save the most money on a new Toyota vehicle. View Toyota Deals, Incentives and Rebates

Insider Information

We have information you must know before you buy the Corolla. We want to send it to you, along with other pricing insights.

Submit

I agree to receive emails from CarsDirect. I understand that I can unsubscribe at any time.
We will not spam you, and will never sell your email. Privacy Policy.

Thank you. You are now subscribed to our Pricing Insider updates.