2022 toyota corolla
MSRP
$21,200
CarsDirect Target Price
$21,200
Lease EstimateSee Lease Deals
$267/mo
Finance Estimate
$290/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
$267 / month
Finance
$290 / 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
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2022 Toyota Corolla Prices and Deals

Justin Cupler
Automotive Editor - January 10, 2022
  • 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 available and gets new low-APR offers and updated estimated leases this month.

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 January 31, 2022. 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.

Toyota Corolla Lease Deals

Lease from $269/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 $269 per month ($6 increase) for 36 months with $2,919 ($6 increase) due at signing on the LE Sedan trim with CVT. With an effective monthly cost of $350, 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 $389 per month with $3,039 due at signing. This adds up to a $473 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 $297 per month ($6 increase) with $2,947 ($6 increase) due at signing. With an effective monthly cost of $379, 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

No cash incentive

The 2022 Toyota Corolla continues with no cash incentive

We're not sure when this will return.

Toyota Corolla Finance Deals

Finance from 2.49%

The 2022 Toyota Corolla continues with two APR offers this month, 2.49% for 60 months or 2.99% for 72 months.

Corolla 0% financing deals remain unlikely given market conditions.

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Advertised Lease Deals

2022 Toyota Corolla L Sedan with CVT (Estimated Payment) Lease Deal
$269Monthly Payment
Term Length (months): 36
Due at signing: $2,919
Mileage: 12k
MSRP: $21,100
Deal Valid in: Southern California
Expiration: 1/31/22
2022 Toyota Corolla SE Hatchback with CVT (Estimated Payment) Lease Deal
$297Monthly Payment
Term Length (months): 36
Due at signing: $2,947
Mileage: 12k
MSRP: $22,940
Deal Valid in: Southern California
Expiration: 1/31/22

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 1/24/22 in 20149
MSRP
$21,200
Sales Price
$21,200
Cash Rebates
$0
Target Price
$21,200
Lease Estimate
$267/mo
Finance Estimate
$290/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 %2.49%2.49%2.49%2.49%2.99%
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 $21,200

Toyota Lease Deals, Financing Incentives & Rebates: January 2022

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

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