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Toyota Corolla
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 .
2021 Toyota Corolla Prices and Deals

- 2021 Corolla is in stock now
- Lease: From $189/mo.
- Finance: From 0% APR
- Rebates: Up to $1,500 off
2021 Corolla is here:
The carryover 2021 Corolla is in stock and has a handful of mostly carryover special offers, including a cash incentive.
While it's a carryover model, the 2021 Corolla gains a new limited-edition Apex model. Apex Edition will range from $26,025 (destination fees included) for the SE with the CVT to $29,165 (destination fees included) for the XSE.
Toyota's deals are regional and will expire May 3, 2021. All deals mentioned here are for Southern California unless specified otherwise.
Lease from $189/mo.:
The 2021 Corolla Sedan LE's 36-month promotional lease runs $189 per month with $1,999 due at signing. With an effective monthly cost of $245, this is a good value for its MSRP.
Need a hatchback? The 2021 Corolla Hatchback SE's 36-month lease offer runs $189 per month with $1,999 due at signing. With an effective monthly cost of $245, this is a great value relative to its MSRP.
Opting for the thrifty 2021 Corolla Hybrid LE on a 36-month lease will set you back $199 per month with $1,999 ($500 increase) due at signing. This adds up to a $255 ($14 increase) monthly effective cost, which makes the Corolla Hybrid LE's lease an excellent value relative to its MSRP.
All Corolla lease offers include an allowance of 12,000 miles per year.
Finance from 0%:
The 2021 Corolla continues with two attractive financing offers this month: 0% APR for 60 months or 1.9% APR for 72 months.
Cash incentive remains:
The 2021 Corolla features a $1,500 customer cash rebate, but buyers can't combine it with the low APR.
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Advertised Lease Deals
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
Cash Incentives
Rebate | Amount |
Customer Rebate Customer Cash (Expires 5/3/21) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Not valid on Special Lease/Preferred Option transactions, APR programs or vehicles otherwise excluded based on the terms and conditions. %Qualification% Must be 18 years of age or older and have a valid driver's license. | $1,500 |
Financing Incentives
Rebate | Amount |
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 %0%0%0%0%1.9% Eligibility Contracts must be processed by TFS. |
Leasing Incentives
Rebate | Amount |
Lease Bonus Cash Lease Subvention Cash (Expires 5/3/21) Bonus cash available for qualified customers leasing a vehicle through the manufacturer's captive finance company on approved credit. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Eligible customers who lease a new and unlicensed, eligible Toyota vehicle (listed on the subvention cash form) from dealer stock, through a participating Toyota Dealer and TFS, are eligible for the Lease Subvention Cash Amount. New*, and untitled eligible vehicles from dealer stock, including demonstrators with 20,000 miles or less. Certain vehicles may not be eligible in all States. %Qualification% Customers must: 1. Be approved for financing by TFS. 2. Lease an eligible vehicle through a participating Toyota Dealer and TFS. 3. Sign and Complete the Subvention Cash Form. | $500 |
Leases For Similar Cars
Based on 2021 Toyota Corolla L 4dr Sedan w/CVT - MSRP $21,020
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