Toyota Tacoma Lease

The average cost of a Toyota Tacoma lease ranges from $300 to $500 a month.
Written by R.E. Fulton
Reviewed by Jessica Barrett
A Toyota Tacoma lease costs between $300 and $500 a month, depending on trim level,  negotiated price, down payment, and credit score. 
For dependable off-road power and on-the-job performance, the Toyota Tacoma has been a mainstay of the mid-size truck category since 1995. If you want the Tacoma’s rugged capability without the commitment of a
car loan
, leasing might be the right option for you. 
Leasing comes with more restrictions than a traditional auto loan, but in return you get to drive a vehicle during its best years for a lower average monthly payment. 
Ready to look into Toyota Tacoma leases? Here to answer all your questions is
Jerry
, the #1-rated
insurance
app and the only super app for car owners. We’ll go over how leases work, how much you can expect to pay for a Tacoma lease, and what to expect when you reach the end of the term. We'll even show you how to save on
Toyota Tacoma car insurance costs.
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How to lease a Toyota Tacoma

Just like the truck itself, a Toyota Tacoma lease is a practical, no-frills process. Follow this checklist, and you’ll be set up for the best lease deal you can get. 
  • Start by checking your credit score. If it’s under 520, you probably won’t qualify for leasing, and anything under 630 is considered poor. But if your score’s above 650, you’re in position for a good lease deal. 
  • Figure out your leasing budget. Aim for a monthly payment that’s no more than 15% of your income (10% is even better). If you make $3,500 a month, you can afford a lease payment up to $525—but if you can get closer to $350, you’ll be in great shape. 
  • Estimate how much you can pay up front. Your down payment, also known as a capitalized cost reduction, can bring down your monthly costs. It may be worth waiting a few months to save up a little extra so you can afford the best deal. 
  • Calculate your annual mileage. You can lease a Toyota Tacoma with an annual mileage limit of 10,000, 12,000, or 15,000 miles. If you’ve got a long commute or plan to take your Tacoma on some big adventures, do the math to see if those mileage limits will accommodate you. 
Once you’ve figured out your finances, it’s time to head to your local Toyota dealership to
compare lease offers
. Having a budget before you go puts you in a strong position to estimate which Tacoma you can afford—and to negotiate the best deal when it comes time to sign. 

The final step: shop for insurance

Remember, whether you own or lease, you’ll need car insurance for your Tacoma!
Jerry
can help with that—just download the app, enter your information, and Jerry will generate customized quotes from 50+ top companies. 

How much does a Toyota Tacoma lease cost?

The average cost to lease a Toyota Tacoma ranges from about $300 to $500 a month. 
But your exact cost will depend on the trim level and options you choose at the dealership, your credit score, your lease term, and the money you put down out of pocket. You may also see variations based on your location and the time of year, since leasing offers change over time. 
Trim level
is one of the biggest factors that will determine how much you pay to lease a Tacoma. If you’re looking for a work truck, you’ll save money by sticking to the base SR trim. But if you opt for the TRD Sport or the luxe Limited trim, or if you throw a V6 into any of those trims, your monthly payment will go up. 
Let’s take a look at how your monthly payment and amount due at signing could change as you go up the 2022 Tacoma’s five trim levels. To keep things simple, we’ll assume you’ve got a great credit score (690-719) and that you’re able to put down $1,500 on a 36-month lease with a 12,000 annual mileage. The other biggest factor in determining your payment for a 2022 Tacoma lease is your credit score. Let’s take a look at how your costs for the popular TRD Off-Road could change based on your score. Again, we’ll assume a $1,500 capitalized cost reduction, 36-month lease, and 12,000 annual mileage.
Credit score
Monthly payment
Amount due at signing
520 to 579
$706
$3,356
580 to 609
$632
$3,282
610 to 629
$595
$3,245
620 to 649
$545
$3,195
650 to 669
$505
$3,155
670 to 689
$450
$3,050
690 to 719
$422
$2,572
720+
$416
$2,566
If you’re a recent college graduate or a military member, you could qualify for a $500 rebate to reduce the cost of your Toyota Tacoma lease. 

Services included in a Toyota Tacoma lease

A leased Toyota Tacoma will come with a
Toyota Care
maintenance plan, which includes free routine maintenance for the first two years of your lease or 25,000 miles—whichever comes first. You’ll also get free 24-hour roadside assistance for two years regardless of mileage. 
Keep in mind that Toyota Care only covers routine factory-scheduled maintenance (not repairs due to accidents). That includes: 
  • Engine oil and filter changes
  • Tire rotations
  • Multi-point inspection
  • Fluid level inspection
  • Toyota Genuine Parts
If you choose a 24-month lease term, Toyota Care will cover all your routine maintenance for the full length of your lease. But you can lease a Toyota Tacoma for up to 60 months. If you choose a longer lease term, you’ll be responsible for any routine maintenance after two years or 25,000 miles—and keep in mind that
Toyota
recommends a lot of routine maintenance at 30,000 miles

What to do when your Toyota Tacoma lease is up

When you reach the end of your Toyota lease, you’ll have three basic options. You can: 
  • Return the truck and lease a new Toyota (either a Tacoma or a different model)
  • Complete the return checklist
    and turn your vehicle in 
  • Request a payoff quote to buy the vehicle you’re currently driving

How to return a leased Toyota Tacoma

If you’re ready to move on with a new Toyota—or if you don’t need a vehicle anymore—you can return the car and walk away. Follow Toyota’s
return checklist
for a smooth return process. 
Start by examining it for wear and tear. Toyota’s
Lease-End Guide
details the amount of wear and tear that’s acceptable when you return your truck. In general, if there are any scratches, cracks, or dents bigger than a credit card, you’ll be subject to extra charges. If you purchased Excess Wear & Use Protection, you may be covered for some extra wear. 
Make any necessary repairs before calling AutoVin at (855) 40-MY-TFS to schedule your inspection. Be sure to schedule your inspection about 15 to 60 days before your lease is up
Once your truck passes inspection, you can call your local dealer to arrange a return appointment. You’ll have to sign an odometer statement, and if you don’t plan to lease another Toyota, you’ll pay a disposition fee up to $350.

How to purchase a leased Toyota Tacoma

One advantage of buying out your Toyota Tacoma lease is that the Tacoma keeps its value well over the years. At the end of a 36-month lease, your leased Tacoma could retain close to 80% of its original value.
If you fell in love with your Tacoma over those 36 months, you can request a payoff quote through Toyota Financial Services, or call 1-800-286-0652. And don’t forget to shop with
Jerry
for the best loan offers! 
Jerry
was easy to use, and they saved me a lot of money on my truck. I would definitely recommend them.” —Johannes T.

How to find the best car insurance for a Toyota Tacoma lease

Finding the best insurance for your leased Toyota Tacoma is simple. Just download the Jerry app, and you’ll have all the best quotes from 50+ top insurance providers at your fingertips in seconds. 
How does it work?
Jerry
isn’t just a super app for car owners—it’s also a licensed broker with partnerships with all the best insurance companies. When you enter your information in the app, we won’t just give you generic quotes: you’ll get customized options that fit your car and your budget. 
Jerry’s all about transparency and customer-focused simplicity. We won’t sell your information, and we’ll never call you—unless you ask us to! And how do the numbers shake out? Well, on average, Jerry users save $887 a year on their car insurance. 
Jerry
is the future of car insurance! I downloaded the app, entered the information, picked my insurance rate, and paid my fee. I even switched insurance providers easily! Jerry saved me $182/month so quickly!” —Paulina F.
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