As Memorial Day car sales heat up, many shoppers are comparing two of the most trusted automakers in America: Toyota and Honda. Both brands offer strong incentives this May, but depending on the type of vehicle you’re after, one stands out as the better deal. So who’s winning Memorial Day 2025? Let’s break it down.

Honda Edges Ahead—But Not in Every Category

When it comes to overall savings, Honda beats Toyota in most Memorial Day offers for 2025, especially for buyers financing with low APR. Models like the Honda Accord and Honda Passport come with market-leading financing rates, and better lease terms in many regions.

However, Toyota’s not out of the game. In fact, shoppers looking to lease a compact sedan or a minivan will find Toyota’s deals hard to beat, especially for the Toyota Corolla and Sienna.

Let’s compare the top matchups in May to see where the real deals lie.

RAV4 vs CR-V: Honda’s APR Wins, Toyota’s Lease Is Lower

• 2025 Toyota RAV4
  – 4.99% APR for 60 months
  – Lease the LE from $319/month for 36 months with $3,999 due
  
• 2025 Honda CR-V
  – 3.49% APR for 60 months
  – Lease the EX from $369/month for 36 months with $3,899 due
  

Verdict: Honda takes the win on financing, but Toyota offers the more affordable lease. The better deal depends on how you plan to pay.

Camry vs Accord: Honda Dominates in Both APR and Lease

• 2025 Toyota Camry
  – 4.99% APR for 60 months
  – Lease the LE from $259/month for 36 months with $3,999 due
  
• 2025 Honda Accord
  – 2.99% APR for 60 months
  – Lease the LX from $279/month for 36 months with $3,699 due
  

Verdict: Honda wins this one easily, offering a lower APR and a lease with less due at signing.

Corolla vs Civic: Toyota Wins by a Mile

• 2025 Toyota Corolla
  – 4.99% APR for 60 months
  – Lease the LE from $199/month for 36 months with $3,999 due
  
• 2025 Honda Civic
  – 5.99% APR for 60 months
  – Lease the Sport from $289/month for 36 months with $3,799 due
  

Verdict: This is Toyota’s strongest Memorial Day deal. The Corolla’s lower lease price and financing beat Honda’s Civic by a wide margin.

Highlander vs Passport: Honda’s Passport Has the Upper Hand

• 2025 Toyota Highlander
  – 4.99% APR for 60 months
  – Lease the SR5 from $469/month for 36 months with $4,999 due
  
• 2025 Honda Passport
  – 1.99% APR for 60 months
  – Lease the 2026 Passport AWD RTL from $509/month for 36 months with $5,099 due
  

Verdict: While the Highlander lease is more affordable, Honda’s APR financing blows Toyota’s out of the water. Financing? Go with the Passport.

Sienna vs Odyssey: Families Will Love Toyota’s Lease Deal

• 2025 Toyota Sienna
  – Lease from $399/month for 36 months with $3,999 due
  – No APR offers advertised in May
  
• 2025 Honda Odyssey
  – 4.99% APR for 60 months
  – Lease the EX from $499/month for 36 months with $3,699 due
  

Verdict: Families looking for a minivan lease will find better value with the Toyota Sienna. Monthly payments are $100 lower than the Odyssey.

Final Thoughts: Check Regional Toyota Incentives Before Deciding

While Honda has stronger national Memorial Day offers in 2025, Toyota’s regional incentives can vary a lot, and in some areas, you might find even better lease or finance deals than those listed above. Always check your local Toyota incentives before ruling them out.

Looking for the easiest way to buy or lease a car this Memorial Day? CarEdge’s Car Buying Services can help you secure the best deal—without the stress. From full-service Concierge help to budget-friendly negotiation support, we’ve got your back.

👉 Start your deal with CarEdge today.