The Best New Cars Under $20,000 from Toyota

Get more bang for your buck with a new car under $20,000 from Toyota. Our new cars have loads of standard features, and five of our best models are available starting under $20,000. Choose from the sporty Yaris at $15,250, the new Yaris iA at $15,950, the stylish and popular Corolla at $18,500 and the new Corolla iM at $18,750.

Build yours online now, browse your local dealer's inventory for the best new cars under $20,000, or find more cars in other price ranges:

Cars Under $25k | Cars Under $30k | Cars Under $40k

$18,395 as shown¹

Yaris

$15,250 starting msrp¹

$18,395 as shown

30/36 est. mpg²

Yaris is Toyota's most affordable car. The Yaris 3-Door L starts just over $15,000 and saves gas with 30 mpg in the city, and 36 mpg on the highway.

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$15,950 as shown¹

Yaris iA

$15,950 starting msrp¹

$15,950 as shown

30/39 est. mpg²

The all new 2017 Yaris iA offers surprising technology, style, and value. Starting at just under $16,000, the iA is one of Toyota’s most affordable new cars.

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$21,980 as shown¹

Corolla

$18,500 starting msrp¹

$21,980 as shown

28/36 est. mpg²

Corolla is one of our best cars, and is known for Toyota quality and real value. Three trim models offer a smooth, quiet ride and start under $20,000.

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MSRP excludes the Delivery, Processing, and Handling Fee of $885 for Cars (Yaris, Yaris iA, 86, Corolla, Corolla iM, Camry, Camry HV, Prius LB, Prius c, Prius v, Prius Prime, Mirai, Avalon, Avalon HV), $960 for Small/Medium Trucks, SUVs and Van (C-HR, RAV4, RAV4 HV, Highlander, Highlander HV, 4Runner, Sienna, Tacoma), $1,195 for Large SUVs (Sequoia, Land Cruiser), and $1,195 for Large Truck (Tundra). (Historically, vehicle manufacturers and distributors have charged a separate fee for processing, handling and delivering vehicles to dealerships. Toyota's charge for these services is called the "Delivery, Processing and Handling Fee" and is based on the value of the processing, handling and delivery services Toyota provides as well as Toyota's overall pricing structure. Toyota may make a profit on the Delivery, Processing and Handling Fee.) Excludes taxes, license, title and available or regionally required equipment. The Delivery, Processing and Handling Fee in AL, AR, FL, GA, LA, MS, NC, OK, SC and TX will be higher. Actual dealer price will vary.
2017 EPA-estimated city/highway mileage. Actual mileage will vary.
2018 EPA-estimated city/highway mileage. Actual mileage will vary.
2017 EPA-estimated mileage. Actual mileage will vary.
2017 EPA-estimated 19 city/27 highway/22 combined mpg for Sienna FWD. Actual mileage will vary.
2017 EPA-estimated 54 city/50 highway/52 combined mpg for Prius. Actual mileage will vary.
2017 EPA-estimated 43 city/39 highway/41 combined mpg for Prius v. Actual mileage will vary.
2017 Prius Prime EPA-estimated combined mpg. Actual mpg will vary based on driving habits, weather, temperature and road/traffic conditions. For more information on mpg, please see www.fueleconomy.gov.
2017 Prius Prime EPA-estimated combined MPGe. Actual MPGe will vary depending upon driving conditions, how you drive and maintain your vehicle, and other factors. Battery capacity will decrease with time and use. For more information, see www.fueleconomy.gov.
2016 EPA-estimated 67 city/67 highway/67 combined MPGe for Mirai and 312-mile driving range. Actual mileage will vary. Range measurement pursuant to SAE J2601 standards (ambient temperature: 20°C; hydrogen tank pressure when fueled: 70 MPa). Fueling time varies with hydrogen fueling pressure and ambient temperature.
2018 C-HR preliminary 27 city/31 highway/29 combined mpg estimates determined by Toyota. EPA ratings not available at time of posting. Actual mileage will vary.
2018 EPA-estimated mileage. Actual mileage will vary.