Now is the time to buy a 2020 Toyota GR Supra.
With a starting price of $49,990, the reborn Toyota GR Supra is the most expensive passenger car in the Japanese automaker's current lineup, excluding the hydrogen-powered Mirai. Since the Supra was only introduced for the 2020 model year, discounts for the new Japanese sports car have been rare. That changed last month when the Supra's starting price was slashed by $1,000 as part of a manufacturer's discount. Just one month later, that discount has now doubled.
As discovered by Cars Direct, customers can take advantage of a $2,000 discount for the 2020 Toyota GR Supra as part of a secret dealer cash incentive available in most parts of the US, lowering the MSRP price to $47,990.
If you prefer financing or leasing, Toyota dealers in southeast parts of the US are offering 2.9 percent APR for 60 months or 3.49 percent for 72 months, bringing the monthly cost down to just $896. To help customers during the coronavirus pandemic, both deals are available with a 90-day payment deferral. It's a stark contrast to a time when outrageous Toyota Supra dealer markups were common. Leasing, on the other hand, is now available at just $687 a month in the southeast.
These discounts are likely being introduced to help dealers clear inventories and prepare for the arrival of the updated 2021 Toyota Supra.
Compared to the 2020 model, the 2021 version's BMW-sourced 3.0-liter inline-six has an increased output of 382 hp to match the BMW Z4, up from 335 hp. Torque has also increased by three lb-ft to 368 lb-ft. Thanks to this power boost, the Supra's 0-62 mph time has dropped from 4.1 seconds to 3.9 seconds. A new four-cylinder model also joins the 2021 Supra lineup packing a 2.0-liter turbocharged four-cylinder engine with 255 hp and 295 lb-ft of torque, while a stiffer chassis and reworked suspension improve the handling.