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:
| Brand | Inventory Days Supply |
|---|---|
| Honda | 34 |
| Kia | 37 |
| Toyota | 39 |
| Lexus | 56 |
| Subaru | 63 |
| Market Average | 74 |
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
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
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
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
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.
| Model | Days Supply (September) | Finance Offer | Lease Offer |
|---|---|---|---|
| 4Runner | 60 | No advertised offers | $615 for 36 months with $3,265 due |
| bZ4X | 99 | 1.99% APR for 48 months | No advertised offers |
| Camry | 43 | 3.99% APR for 48 months | $388 for 36 months with $3,028 due |
| Corolla | 21 | 3.99% APR for 48 months | $407 for 36 months with $407 due |
| Corolla Cross | 34 | No advertised offers | $369 for 36 months with $3,019 due |
| Corolla Hatchback | 50 | 3.99% APR for 48 months | No advertised offers |
| Crown | 76 | No advertised offers | $543 for 36 months with $4,053 due |
| GR Supra | 62 | No advertised offers | $803 for 36 months with $803 due |
| GR86 | 40 | No advertised offers | $418 for 36 months with $3,038 due |
| Grand Highlander | 26 | No advertised offers | $631 for 36 months with $3,281 due |
| Highlander | 44 | 3.49% APR for 60 months | No advertised offers |
| Prius | 25 | No advertised offers | $368 for 36 months with $3,038 due |
| RAV4 | 34 | 3.99% APR for 48 months | $413 for 36 months with $3,028 due |
| Sequoia | 33 | No advertised offers | $915 for 36 months with $915 due |
| Sienna | 28 | No advertised offers | No advertised offers |
| Tacoma | 44 | 2.99% APR for 60 months | $433 for 36 months with $3,083 due |
| Tundra | 51 | No advertised offers | $641 for 36 months with $641 due |
| Venza | 56 | No advertised offers | $455 for 36 months with $3,055 due |
| Brand Total | 39 |
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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