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6 Great New Toyotas Under $40,000 for 2019

Toyota offers a wide range of vehicles with great reliability and all of the latest safety features. As a result, there’s a good chance you’re considering one in your search for a new vehicle. Since the average price of a new car here in the U.S. is approaching $40,000, we thought we’d make it easy for you and list six of the most appealing new Toyotas you can get for around $40k.

2019 Toyota RAV4

2019 Toyota RAV4

After earning the title of the best-selling vehicle in the United States for 2018, the Toyota RAV4 was fully-redesigned for the 2019 model year, and it seems even more likely to hold onto its crown in 2019 given just how great the new model is. Two powertrains are available. Standard models get a 2.5-liter 4-cylinder putting out 206 horsepower and 184 lb-ft of torque — which is a little more than the competition — and paired with an 8-speed automatic transmission. Alternatively, the RAV4 Hybrid now comes with a version of that 2.5-liter 4-cylinder paired with a hybrid component for a combined output of 219 hp and 240 lb-ft of torque. Additionally, the RAV4 Hybrid returns 41 miles per gallon in the city and 38 mpg on the highway, both of which are extremely impressive figures.

Rest assured that every trim level and powertrain offered in the RAV4 is extremely dialed in. From looks to features to interior refinement, Toyota really hit the nail on the head with this thing. That said, we recommend the Hybrid in XSE trim, which offers both greater efficiency and better performance (not to mention sportier looks) than the standard RAV4, all for a relatively small price premium. Fully loaded with luxurious features like a panoramic sunroof, a heated steering wheel, rain-sensing windshield wipers, wireless charging, and rear cross traffic braking, the RAV4 XSE hybrid comes in at $37,780. Find a Toyota RAV4 for sale

2019 Toyota Camry

2019 Toyota Camry

Thanks to a 2018 redesign, the current-generation Camry now offers an element of style not found on previous generations. The new Camry is more fun to drive, more fun to ride in, and more fun to look at than any Camry that preceded it, but it still carries a very reasonable price, with entry-level models starting at around $25,500 and top-trim V6 models cresting $38,000 when fully-loaded. There’s also a hybrid that costs between $30,000 and $34,000, depending on feature content, while also returning up to 51 mpg city/53 mpg highway in its most efficient trim level. While we like the Hybrid, buyers with $40k to burn might want a little more excitement for their money. Luckily, it only takes $38k to get a fully-loaded, 301-hp Camry V6. Only a few hundred dollars separate the V6 XSE and XLE models. Both trims come with virtually the same feature content, but the XSE offers 19-in wheels, quad exhaust tips, an optional black roof, and an optional bright red interior, while the XLE keeps things a little more subdued. Find a Toyota Camry for sale

2019 Toyota 4Runner

2019 Toyota 4Runner

The 4Runner is one of the last remaining truck-based SUVs. With a body on frame chassis and a solid rear axle, the 4Runner is built for going off road. (Don’t plan to ever leave the pavement? Buy a new RAV4, which is better on-road than the 4Runner in every way). On sale in its current form since the 2010 model year and receiving an update for 2014, the 4Runner is getting a little long in the tooth. Still, it offers great off-road capability, especially in TRD Off-Road trim, which is what we recommend buyers opt for at the $40,000 mark. The 4Runner TRD Off-Road comes with a locking rear differential and a unique optional feature called “Kinetic Dynamic Suspension System” or “KDSS,” which will automatically disconnect the vehicle’s sway bars over rough terrain to allow for greater suspension articulation. Oddly, this unique feature isn’t available on the supposedly top-of-the-line TRD Pro model, but only the TRD Off-Road. The 4Runner TRD Off-Road starts at $39,425. KDSS is an additional $1,595, bringing the total of a KDSS-equipped 4Runner TRD Off-Road to $41,175.

Worth noting is that the 4Runner gets some major upgrades for the coming 2020 model year, as it will gain the Toyota Safety Sense suite of driver-assistance safety features along with a new infotainment system offering Android Auto and Apple CarPlay for the first time. If you can wait, it’s worth holding off until these updated models go on sale later this year. Find a Toyota 4Runner for sale

2019 Toyota Tacoma TRD Off-Road

2019 Toyota Tacoma TRD Off-Road

The Tacoma has long been the best-selling midsize truck on the market and was last redesigned for the 2016 model year. With a starting price of around $27,000, buyers have a lot of different options when looking for a Tacoma for under $40,000. We recommend skipping the entry-level 4-cylinder engine and opting for the more powerful V6. Buyers planning to keep their Tacoma on-road for the most part can look to the TRD Sport model, which comes with styling elements like 18-in wheels, body-colored fender flares, and a hood scoop for around $39,000. We like the Tacoma TRD Off-Road though, as it serves to highlight the Tacoma’s strongest attribute; going off-road. The Tacoma TRD Off-Road model comes with a Bilstein suspension, 16-in wheels wrapped in all-terrain tires, a locking rear differential, unique traction control modes, a front skid plate and more. With the crew cab, the 5-foot “short” bed, and an automatic transmission, a brand new 2019 Tacoma TRD Off-Road comes in at a hair over $40k. Opt for the Technology Package and you get blind spot monitoring with rear cross-traffic alert, while adding the Premium Package gets you heated leather seats, a sunroof, and a premium audio system, all for under $42,000.

Like the 4Runner, the Tacoma will be updated for 2020, where it will gain updated styling, an improved infotainment system with Android Auto and Apple CarPlay compatibility, optional LED headlights, a much-needed power driver’s seat and a 360-degree off-road camera that allows you to see underneath the truck. Find a Toyota Tacoma for sale

2019 Toyota Sienna

2019 Toyota Sienna

Last redesigned for the 2011 model year, the Sienna is starting to show its age. But with available all-wheel drive and room for up to eight passengers, Toyota’s venerable minivan still makes for a great family hauler. Under the hood is a 3.5-liter V6 putting out 296 hp and 263 lb-ft of torque. As a result of its age, it isn’t built to the very latest Insurance Institute for Highway Safety (IIHS) crash standards, and thus its performance suffers in IIHS testing. That said, the Sienna comes with an impressive array of active safety features, with radar cruise control, automatic emergency braking, automatic high beams, and lane-keep assist all standard, and blind spot monitoring with rear cross-traffic alert optional. The Sienna is also the only minivan on sale new today with AWD. For under $40k, we like the sporty SE model, which comes with unique front and rear fascias, 19-in wheels, darkened taillights and headlights, and a sport suspension, all for just $38,660. Add a sunroof for another $850. Find a Toyota Sienna for sale

+2019 Toyota Highlander

2019 Toyota Highlander

Competing with vehicles like the Chevrolet Traverse, the Ford Explorer, the Honda Pilot, the Nissan Pathfinder and the Volkswagen Atlas, the Highlander is Toyota’s family hauling midsize crossover. Similar to the Camry’s offerings, the Highlander can be had with either a 4- or 6- cylinder engine, while a hybrid model is also available. Like most new Toyotas, the Highlander also offers a variety of standard active safety features, including automatic emergency braking, automatic high beams, lane-keep assist and radar cruise control, along with room for up to eight passengers. One of the Highlander’s unique features is a rear window that can be opened independently from the rear hatch, great for hauling long items. For $40,000, we like the Highlander LE Plus with AWD, which comes in at just over $39,000 and includes the V6 engine, imitation leather, 3-zone automatic climate control, a leather-wrapped steering wheel and a power rear hatch. Find a Toyota Highlander for sale

Chris O'Neill
Chris O'Neill
Chris O'Neill is an author specializing in competitive analysis, consumer recommendations, and adventure-driven enthusiast content. A lifelong car enthusiast, he worked in the auto industry for a bit, helping Germans design cars for Americans, and now lives in Salt Lake City, Utah. He runs an Instagram account, @MountainWestCarSpotter, which in his own words is "actually pretty good", and has a... Read More about Chris O'Neill

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