Best Toyota Deals: February 2010 Lease and Purchase

Last Updated: Feb. 02, 2010

Negotiating a deal on a new Toyota used to be hard.  Now it may not be.

As you've probably heard, Toyota has had some trouble recently. Throughout the fall and winter, the world’s largest automaker has been recalling vehicles due to reports of sticky gas pedals. Toyota has now recalled and stopped sales of eight models:

• 2009-2010 RAV4
• 2009-2010 Corolla
• 2009-2010 Matrix
• 2005-2010 Avalon
• 2007-2010 Camry
• 2010 Highlander
• 2007-2010 Tundra
• 2008-2010 Sequoia

If you currently own one of those models, some reports indicate that the sticky accelerator problem tends to start when the car has about 38,000 miles on it. If you experience a sticking accelerator while driving, apply steady pressure to the brakes (don't pump them) and put the car into neutral.  Steer to the side of the road and don't drive the car again.  If you have more questions, you can read Toyota's FAQ about the problem, or call Toyota at 1-800-331-4331. For the latest news about the recall, as well as answers to common questions, check out our Toyota Recall page.

With sales of eight models halted, Toyota dealers are likely to be desperate for your business. And while we don't yet know what the long-term fallout and effect of this issue on Toyota will be, now may be a great time to get a deal on a model unaffected by the sales halt and recall.

Current Toyota owners may save even more by switching over to a new brand. For Instance, GM is giving Toyota owners who switch to GM $1,000 cash back on purchases and up to $1,000 in lease payments. Ford, Chrysler and Hyundai are offering Toyota owners similar incentives.

Toyota loyalists, however, shouldn’t fear. The Japanese automaker has announced plans to repair all 4.2 million vehicles (2.3 million in the U.S.) affected by the sticky pedal. It has also announced new incentives and deals on vehicles not affected by the faulty accelerator -- including the popular Yaris and Prius. Most deals, however, expire March 1 -- so act fast.

Determining Your Region:

Toyota divides the country into 12 regions, offering different deals in each.  The territories are listed below.  But as you research your purchase, keep in mind that you’re not limited to the region you live in.  If there is a significantly better deal available in another region, it might be worth the trouble to travel and buy there.  If someone offered you a few thousand dollars to drive to a nearby state and back, you might very well take the deal -- why not make the same drive to save that money on a new car?

New England Region -- Maine, Vermont, New Hampshire, Massachusetts, Rhode Island

Greater New York Region -- New York, New Jersey, Connecticut

Central Atlantic Region -- Pennsylvania, Maryland, Virginia, West Virginia, Delaware, District of Columbia

Southeast Region -- North Carolina, South Carolina, Georgia, Alabama, Florida

Western Region -- Missouri, Iowa, Kansas, Nebraska, South Dakota, North Dakota

Ohio Valley Region -- Ohio, Michigan, Kentucky, Tennessee

Midwest Region -- Illinois, Indiana, Wisconsin, Minnesota

Mountain Region -- Colorado, New Mexico, Arizona, Utah, Nevada, Wyoming

Gulf States Region -- Texas, Oklahoma, Arkansas, Louisiana, Mississippi

Northern CA Region -- California north of the Los Angeles metro area

Southern CA Region -- Los Angeles metro area, and areas south

Pacific Northwest Region -- Washington, Oregon, Idaho, Montana

If you don't see a deal that interests you, visit our main Car Deals page to see the most attractive offers from other automakers this month.

  • MSRP: $12,605 - $14,165
  • Invoice: $11,975 - $13,456
  • MPG: 29 City / 35 Hwy

2010 Toyota Yaris

Purchase Deal

 

New England Region -- $1,000 cash back rebate, or 0% APR financing for up to 60 months

Expires: 02/15/10

Purchase Deal

Greater New York Region -- $1,000 cash back rebate, or 0% APR financing for up to 60 months

Central Atlantic Region -- $1,000 cash back rebate, or 1.9% APR financing for up to 60 months

Southeast Region -- $1,000 cash back rebate, or 0% APR financing for up to 60 months

Western Region -- $1,000 cash back rebate, or 0% APR financing for up to 60 months

Ohio Valley Region -- $1,000 cash back rebate plus $500 Toyota owner loyalty cash, or 0% APR financing for up to 60 months plus $500 Toyota owner loyalty cash

Midwest Region -- $1,000 cash back rebate, or 1.9% APR financing for up to 60 months

Mountain States Region -- $1,000 cash back rebate, or 1.9% APR financing for up to 60 months

Gulf States Region -- 0% APR financing for 36 month, 1.9 APR financing for up to 60 months

Northern California Region -- $1,000 cash back rebate or 0% APR financing for up to 60 months

Southern California Region -- $1,000 cash back rebate or 0% APR financing for up to 60 months

Pacific Northwest Region -- $1,000 cash back rebate, or 0% APR financing for up to 60 months

Expires: 03/01/10

  • MSRP: $26,275 - $29,550
  • Invoice: $23,777 - $26,595
  • MPG: 19 (2009) City / 26 (2009) Hwy

2010 Toyota Venza

Purchase Deal

 

New England Region -- $500 cash back rebate, or 3.9% APR financing for up to 60 months

Expires: 02/15/10

Lease Deal

Greater New York Region -- $259 per month for 36 months, $2,999 due at signing

Central Atlantic Region -- $269 per month for 36 months, $2,999 due at signing

Southeast Region -- $259 per month for 39 months, $3,704 due at signing

Mountain States Region -- $329 per month for 36 months, $3,299 due at signing

Southern California Region -- $289 per month for 36 months, $1,939 due at signing

Pacific Northwest Region -- $349 per month for 36 months, $2,290 due at signing

Expires: 03/01/10

Purchase Deal

Greater New York Region -- $500 cash back rebate, or 3.9% APR financing for up to 60 months

Central Atlantic Region -- $500 cash back rebate, or 3.9% APR financing for up to 60 months

Southeast Region -- 0% APR financing for 36 months, 2.9% APR financing for 48 months, 3.9% financing for 60 months

Western Region -- $1,000 cash back rebate, or 0% APR financing for 36 months, 0.9% APR financing for 48 months, 1.9% APR financing for 60 months

Ohio Valley Region -- $500 cash back rebate, or 0% APR financing for 36 months, 2.9% APR financing for 48 months, 3.9% APR financing for 60 months

Midwest Region -- $500 cash back rebate, or 3.9% APR financing for up to 60 months

Mountain States Region -- $500 cash back rebate, or 3.9% APR financing for up to 60 months

Northern California Region -- $1,000 cash back rebate, or 1.9% APR financing for 36 months, 2.9% APR financing for 48 months, or 3.9% APR financing for 60 months

Pacific Northwest Region -- $500 cash back rebate

Expires: 03/01/10

  • MSRP: $22,400 - $27,670
  • Invoice: $21,056 - $25,757
  • MPG: 51 (Est) City / 48 (Est) Hwy

2010 Toyota Prius

Lease Deal

 

Greater New York Region -- $199 per month for 36 months, $1,999 due at signing

Southeast Region -- $229 per month for 39 months, $3,029 due at signing

Ohio Valley Region -- $249 per month for 36 months, $1,999 due at signing. Plus $500 Toyota Owner Loyalty Cash.

Midwest Region -- $199 per month for 36 months, $2,499 due at signing on Prius II; $265 per month for 36 months, $2,815 due at signing on Prius V; and $289 per month for 36 months, $2,829 due at signing on Prius IV

Mountain States Region -- $229 per month for 36 months, $2,699 due at signing

Northern California Region -- $249 per month for 36 months, $1,499 due at signing

Southern California Region -- $249 per month for 36 months, $1,669 due at signing

Pacific Northwest Region -- $279 per month for 36 months, $1,995 due at signing

Expires: 03/01/10

Lease Deal

New England Region -- $199 per month for 36 months, $1,999 due at signing

Expires: 02/15/10

Purchase Deal

Mountain States Region -- 3.9% APR financing for up to 60 months

Pacific Northwest Region -- $500 cash back rebate, or 3.9% APR financing for up to 60 months

Expires: 03/01/10

  • MSRP: $24,540 - $37,865
  • Invoice: $22,329 - $34,077
  • MPG: 17 City / 23 Hwy

2010 Toyota Sienna

Purchase Deal

 

New England Region -- $1,000 cash back rebate plus $1,085 extra value option package savings

Expires: 02/15/10

Lease Deal

 

Southeast Region -- $289 per month for 39 months, $2,964 due at signing

Ohio Valley Region -- $329 per month for 36 months, $2,999 due at signing

Southern California Region -- $339 per month for 36 months, $2,119 due at signing

Expires: 03/01/10

Purchase Deal

Central Atlantic Region -- $750 cash back rebate, or 3.9% APR financing for up to 60 months 

Southeast Region -- 0% APR financing for 36 months, 1.9% APR financing for 48 months, 2.9% APR financing for 60 months

Western Region -- $1,000 cash back rebate, or 0% APR financing for up to 60 months

Ohio Valley Region -- $1,000 cash back rebate, or 0% APR financing for 36 months, 1.9% APR financing for 48 months, or 2.9% APR financing for 60 months

Midwest Region -- $1,000 cash back rebate

Gulf States Region -- 0% APR financing for 36 months, or 3.9% APR financing for up to 60 months

Southern California Region -- $1,000 cash back rebate, 1.9% APR financing for 36 months, 2.9% APR financing for up to 60 months

Pacific Northwest Region -- $1,000 cash back rebate

Expires: 03/01/10