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New Cars Under $40,000 from Toyota

Toyota offers a wide range of cars under $40,000, including the Avalon at $32,650, and Avalon Hybrid at $36,650. You’ll find sophistication, technology, and luxury in both cars. With lots of standard features, you can't go wrong with either version of the Avalon.

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

$37,700 as shown1
Avalon
$33,300 starting msrp1
$37,700 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.
$41,380 as shown1
Tundra
$30,120 starting msrp1
$41,380 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.
$41,150 as shown1
Highlander
$30,630 starting msrp1
$41,150 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.
$42,600 as shown1
Avalon Hybrid
$37,300 starting msrp1
$42,600 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.
$26,255 as shown1
86
$26,255 starting msrp1
$26,255 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.
$34,270 as shown1
Prius v
$26,675 starting msrp1
$34,270 as shown
43/39 est. mpg2
Available in four trims, all priced under $40,000, the Prius v offers unmatched versatility, plenty of cargo space and seating for five. Let's start exploring.
$27,995 as shown1
Camry Hybrid
$26,790 starting msrp1
$27,995 as shown
42/38 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.
$32,185 as shown1
RAV4 Hybrid
$29,030 starting msrp1
$32,185 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.
$33,820 as shown1
Camry
$23,070 starting msrp1
$33,820 as shown
24/33 est. mpg2
Camry boasts powerful performance that will turn driving into pure excitement. The Camry comes in four trims, all priced under $40,000.
$35,160 as shown1
Tacoma
$24,575 starting msrp1
$35,160 as shown
19/24 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.
$36,150 as shown1
RAV4
$24,410 starting msrp1
$36,150 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.
$18,395 as shown1
Yaris
$15,250 starting msrp1
$18,395 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.
$15,950 as shown1
Yaris iA
$15,950 starting msrp1
$15,950 as shown
30/39 est. mpg2
Get advanced technology, energetic looks and an impressive EPA rating at an affordable price with the Yaris iA starting at $15,950.
$21,980 as shown1
Corolla
$18,500 starting msrp1
$21,980 as shown
28/36 est. mpg2
Stand out in the Corolla. All seven trims of the legendary Corolla are priced under $40,000.
$18,750 as shown1
Corolla iM
$18,750 starting msrp1
$18,750 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.
$25,265 as shown1
Prius c
$20,150 starting msrp1
$25,265 as shown
48/43 est. mpg2
Prius c is perfect for life in the big city. Starting at $20,150, it's affordable too.
$40,830 as shown1
Sienna
$29,750 starting msrp1
$40,830 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.
$40,675 as shown1
4Runner
$34,210 starting msrp1
$40,675 as shown
17/21 est. mpg2
The 4Runner brings dependability and proven capability to your adventures, and starts at $34,210.