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New Cars Under $40,000 from Toyota

Build yours online now, or browse your local dealer's inventory for the best new cars under $40,000, or find more cars in other price ranges:

Cars Under $20k | Cars Under $25k | Cars Under $30k

$37,900 as shown1
Avalon
$33,500 starting msrp1
$37,900 as shown
21/30 est. mpg2
Make a statement wherever you go with the new Avalon. Avalon has four trim models starting under $40,000.
$47,280 as shown1
Tundra
$31,320 starting msrp1
$47,280 as shown
15/19 est. mpg2
The all new 2017 Tundra is built to do it all. Get this full size pickup in the SR, SR5, and Limited editions all starting under $40,000.
$41,750 as shown1
Highlander
$31,230 starting msrp1
$41,750 as shown
21/27 est. mpg2
Enjoy the journey, and enjoy the moment with the Toyota Highlander. Get the LE, LE Plus, or LXE for less than $40,000.
$42,800 as shown1
Avalon Hybrid
$37,500 starting msrp1
$42,800 as shown
40/39 est. mpg2
The new Avalon Hybrid offers premium style and premium efficiency. The Avalon Hybrid XLE Plus and XLE Premium start under $40,000.
$28,585 as shown1
86
$26,455 starting msrp1
$28,585 as shown
21/28 est. mpg2
Explore the 86, Toyota's sports car. Its lightweight body boosts efficiency and performance and gives you a thrilling driving experience starting at $26,255.
$32,400 as shown1
Camry Hybrid
$27,950 starting msrp1
$32,400 as shown
51/53 est. mpg2
Camry Hybrid boasts powerful performance that will turn driving into pure excitement. The Camry hybrid comes in three trims, all priced under $40,000.
$32,485 as shown1
RAV4 Hybrid
$27,385 starting msrp1
$32,485 as shown
34/30 est. mpg2
Bring tech, style and powerful performance to every adventure with the RAV4 Hybrid. Both trims are prices under $40,000.
$35,495 as shown1
Camry
$23,645 starting msrp1
$35,495 as shown
29/41 est. mpg2
Camry boasts powerful performance that will turn driving into pure excitement. The Camry comes in four trims, all priced under $40,000.
$34,685 as shown1
Tacoma
$25,400 starting msrp1
$34,685 as shown
18/22 est. mpg2
The Tacoma is an off-road icon. Get more of the performance that you want with Tacoma's available 3.5 liter v6 engine starting at $24,120.
$32,115 as shown1
Prius
$23,475 starting msrp1
$32,115 as shown
54/50 est. mpg2
The aerodynamic exterior of the Prius was imagined to help maximize fuel efficiency. All six trims start under $40,000.
$29,545 as shown1
RAV4
$24,660 starting msrp1
$29,545 as shown
23/30 est. mpg2
Bring tech, style and powerful performance to every adventure with the RAV4. All four trims are priced under $40,000.
$18,260 as shown1
Yaris
$15,635 starting msrp1
$18,260 as shown
30/36 est. mpg2
The Yaris offers a powerful and responsive drive all while giving you impressive fuel efficiency, and starts at $15,250.
$17,050 as shown1
Yaris iA
$15,950 starting msrp1
$17,050 as shown
32/40 est. mpg2
Get advanced technology, energetic looks and an impressive EPA rating at an affordable price with the Yaris iA starting at $15,950.
$22,080 as shown1
Corolla
$18,600 starting msrp1
$22,080 as shown
28/36 est. mpg2
Stand out in the Corolla. All seven trims of the legendary Corolla are priced under $40,000.
$19,985 as shown1
Corolla iM
$18,850 starting msrp1
$19,985 as shown
27/35 est. mpg2
The Corolla iM is a car that refuses to be ignored. It's practical yet still loaded with features, and starts at $18,750.
$23,250 as shown1
Prius c
$20,630 starting msrp1
$23,250 as shown
48/43 est. mpg2
Prius c is perfect for life in the big city. Starting at $20,150, it's affordable too.
$37,090 as shown1
Sienna
$30,850 starting msrp1
$37,090 as shown
19/27 est. mpg2
Fit the whole family in the one and only swagger wagon. The Sienna starts at $29,750 and comfortably fits eight.
$39,895 as shown1
4Runner
$34,810 starting msrp1
$39,895 as shown
17/21 est. mpg2
The 4Runner brings dependability and proven capability to your adventures, and starts at $34,210.