Toyota Tundra Lease Deals
Tundra's hybrid powertrain and rebuilt platform make it a compelling lease for buyers wanting a non-Detroit full-size truck.
Updated 2026-06-16 · Reviewed monthly
Est. monthly
$499
36 mo · 12k mi/yr
Due at signing
$4,499
Starting MSRP
$41,115
Residual / MF
55% / 4.08%
Why the Toyota Tundra leases the way it does
The monthly payment on a lease is driven by three things: the negotiated capitalized cost, the residual value at lease end, and the money factor (interest rate). On the Tundra, a typical 36-month deal amortizes about $18,502 of depreciation across 36 payments, plus a finance charge based on a money factor of roughly 0.00170 (~4.08% APR equivalent).
Lease highlights
- i-FORCE MAX hybrid available
- Lower incentives than F-150/Silverado
Estimated monthly payment math
- Capitalized cost: ~$41,115 (MSRP, before negotiation)
- Residual (55%): $22,613
- Depreciation over term: $18,502
- Money factor: 0.00170 (~4.08% APR)
- Term: 36 months · 12,000 miles/year
Use our lease calculator to model your specific scenario, and check the payment math guide for a full walkthrough.