Toyota Deals Continued for May 2010

May 10, 2010

As we expected, Toyota has extended and improved on its very agressive incentive program that started in May 2010. In fact, Toyota is currently offering some of the best rebates, bonus cash, lease deals, and 0% loans in the industry right now.

The May Toyota deals end on June 1, 2010.

The extended deals do not include much in the way of direct factory-to-customer rebates but have very hefty factory-to-dealer cash (“marketing support”) which translates into customer price discounts.

There are 0% APR loan deals on eight different Toyota models, which is much better than paying the normal interest rate of 6.96% (Bankrate.com) and saves thousands of dollars in finance costs. Customers must choose between the special loan deals and discounted prices.

Toyota is also offering excellent lease deals on many models and styles. These deals are based on discounted prices, low money factors (finance charges), and high lease-end residuals. All these factors result in a lower than normal monthly payment. If you don’t understand leasing, we recommend that you take a few minutes to learn about it at LeaseGuide.com.

Additionally, Toyota is providing 2 years of free scheduled maintenance, up to 25,000 miles, which is a big money-saver in itself.

The company is trying hard to restore customer confidence in its vehicles after the unfortunate events of the last few months. Toyota has a reputation for building some of the highest quality, most reliable vehicles in the industry. We have no doubt that the recent isolated problems will make their products and service even better than before.

You can get free price quotes on any of the above cars from Edmunds.com.The quotes will automatically include any cash-back rebates or discounts that are currently available.