Rising Toyota Inventory Ushers in Attractive APRs and Lease Deals

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Last updated Sep 23, 2023

Nationwide, Toyota has 39 days of inventory. It’s true that Toyota models are some of the fastest selling cars on the market today, but this is actually an improvement. One month ago, Toyota was stuck with just a 30-day supply of new cars. More inventory means more negotiability, and Toyota has introduced some pretty tempting finance and lease deals. Let’s take a look at Toyota’s inventory this month, and the best Toyota special offers right now.

Toyota Inventory Is Rising

New inventory for 2023 and 2024 Toyota models is increasing after a rough summer for the much-loved automaker. The following Toyota models all have higher inventory levels today than they did one month ago:

Toyota’s rising inventory is good news for car buyers, but the brand continues to have a tighter inventory than most automakers in America. Here are the five OEMs with the lowest new car inventory today. Car market inventory is commonly measured with market day supply. Market Day Supply (MDS) represents the number of days it would take to sell the current inventory at the present sales rate, assuming no new inventory is added.

You guessed it! Toyota is on the list:

BrandInventory Days Supply
Honda34
Kia37
Toyota39
Lexus56
Subaru63
Market Average74

As we approach the end of the year, Toyota is clearly more eager to sell vehicles as 2024 model year vehicles arrive on dealer lots. Rising inventory only adds to the urgency for Toyota dealers.

The Best Toyota Deals Today

Right now, Toyota is offering competitive APRs in this high-interest auto finance market. These are Toyota’s special offers this month.

2023 Toyota Camry

Camry deals and incentives

3.99% APR for 48 months

Offer applies to all trims, but excludes Camry Hybrids. The Camry Hybrid offer is currently 4.99% APR for 48 months. See details and regional offers at Toyota.com.

Browse Camry listings with local market data.

2023 Toyota RAV4

RAV4 deals and incentives

3.99% APR for 48 months

Offer applies to all trims, but excludes RAV4 Hybrids. The RAV4 Hybrid offer is currently 4.99% APR for 48 months. There are no offers advertised for the RAV4 Prime. See details and regional offers at Toyota.com.

Browse RAV4 listings with local market data.

2023 Toyota Tacoma

Tacoma deals and incentives

2.99% APR for 60 months

Offer applies only to 4×2 models, and applies to 13 trim options. Be sure to check the details at Toyota.com.

Browse Tacoma listings with local market data.

2023 Toyota Corolla

Toyota Corolla deals

3.99% APR for 48 months

This offer applies to all trims, but excludes the Corolla Cross and hybrid models. See details at Toyota.com.

Browse Corolla listings with local market data.

Here’s the Toyota finance and lease offer for every new Toyota model today. We’ve also included the latest nationwide inventory numbers.

ModelDays Supply (September)Finance OfferLease Offer
4Runner60No advertised offers$615 for 36 months with $3,265 due
bZ4X991.99% APR for 48 monthsNo advertised offers
Camry433.99% APR for 48 months$388 for 36 months with $3,028 due
Corolla213.99% APR for 48 months$407 for 36 months with $407 due
Corolla Cross34No advertised offers$369 for 36 months with $3,019 due
Corolla Hatchback503.99% APR for 48 monthsNo advertised offers
Crown76No advertised offers$543 for 36 months with $4,053 due
GR Supra62No advertised offers$803 for 36 months with $803 due
GR8640No advertised offers$418 for 36 months with $3,038 due
Grand Highlander26No advertised offers$631 for 36 months with $3,281 due
Highlander443.49% APR for 60 monthsNo advertised offers
Prius25No advertised offers$368 for 36 months with $3,038 due
RAV4343.99% APR for 48 months$413 for 36 months with $3,028 due
Sequoia33No advertised offers$915 for 36 months with $915 due
Sienna28No advertised offersNo advertised offers
Tacoma442.99% APR for 60 months$433 for 36 months with $3,083 due
Tundra51No advertised offers$641 for 36 months with $641 due
Venza56No advertised offers$455 for 36 months with $3,055 due
Brand Total39

For local Toyota inventory data and deals (new or used), learn more about CarEdge Data.

Examples of Successful Negotiating

Our Car Coaches have successfully negotiated Toyota prices dozens of times in the past month. Here are a few examples of what’s possible with negotiation prowess.

  • This driver bought the sought-after RAV4 Prime at MSRP, which is very tough to do, but certainly possible!
  • This driver successfully bought the popular Corolla Hatchback without markups, and no add-ons he didn’t want. 
  • Think the Tacoma TRD is too hot for good deals? Think again! This driver bought a Tacoma TRD at MSRP when all other dealers were forcing markups.

The CarEdge Team is ready to help you negotiate a great deal on your next Toyota. Connect with a Coach today!

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