Toyota may be overshadowed by the American brands in the full-size pickup segment, but the Tundra is a tough pickup truck that can be used as a workhorse or a luxurious family vehicle, depending on the trim. For the 2026 model year, the Tundra didn’t change much, with Toyota adding some new colors and an optional lift kit, along with some trim-specific feature updates. If you aren’t hell-bent on getting a V8-powered pickup, the Tundra should be on your shortlist, so here’s a look at December’s lease deals.
This Month’s Toyota Tundra Lease Deals
Toyota
While the Tundra is available with multiple powertrains and trims, only two models are offered with lease deals this month, and those are the SR5 with the standard powertrain and the Limited with the powerful i-Force Max hybrid setup. This is for the four-wheel-drive model with the CrewMax body style.
For the SR5, the Toyota Tundra’s lease price starts at $499 per month over 39 months, with an initial payment of $3,999. This offer excludes tax, title, licensing, and registration costs. Leasing the Toyota Tundra SR5 includes 10,000 miles annually, and if you exceed this, you’ll be liable for a fee of $0.15 for every additional mile traveled. If you’re after more power, the i-Force Max 4WD Limited CrewMax can be leased for $659 per month over 39 months, with the same $3,999 due upon signing.
In both cases, the lease for the Toyota Tundra is available in California regardless of the buyer’s residency; deals expire on January 5, 2026. Alternative deals may be available in your area, so be sure to view Toyota’s special offers using your zip code.
If you’re looking to buy a Tundra, the 2026 version starts at $41,260 for the SR and goes all the way up to the glitzy Capstone at $80,800. The models featured as part of this month’s Toyota Tundra lease offers start at $48,510 for the SR5 CrewMax, while the Limited i-Force Max CrewMax starts at $58,560.
Powertrains and Features
Toyota
The Toyota Tundra comes with the i-Force powertrain as standard, which is a 3.4-liter twin-turbo V6 producing 348 horsepower and 405 lb-ft of torque. Those figures apply only to the base SR, though; other trims make 389 hp and 479 lb-ft. In i-Force Max guise, the same base engine is used, but this one is a hybrid. It’s a lot more powerful than non-hybrid models, making 437 hp and 583 lb-ft.
Rear-wheel drive is standard and four-wheel drive is optional, and all Tundras have a 10-speed automatic. It’s worth pointing out that non-hybrid V6 Tundras have had some serious engine issues, leading to more than one recall.
Although the cheapest Tundra SR is rather basic, the SR5 steps things up with equipment like LED fog lights and selectable driving modes. Like the SR, the SR5 has an eight-inch touchscreen and gets a nine-speaker sound system in CrewMax guise. Fabric-trimmed seats with manual adjustments are all you get at this level, although heated front seats are optional for the SR5.
The Limited is significantly better equipped. It gets a larger 14-inch touchscreen, a 12.3-inch digital gauge cluster (for the hybrid), SofTex upholstery, eight-way power front seats with heating/ventilation, and leather trimming for the steering wheel and shift knob.
If money is no object, you can splurge on the Tundra Capstone with its semi-aniline leather seats, powered running boards, 10-inch color head-up display, and heated/ventilated seats in the front and back.
Final Thoughts
Toyota
Our only reservation regarding the Tundra is the engine trouble experienced by non-hybrid models, so we recommend researching the latest recalls to find out what preventative measures Toyota has taken. There have been no such issues with the hybrid, and its greater power and torque are welcome, but going for the electrified model does raise the price considerably.
Powertrains aside, the Tundra is far more comfortable than the outgoing model and generously equipped. It’s handsome, available in multiple body styles, and can tow up to 12,000 pounds. If only it didn’t find itself up against the immensely popular full-size pickups from Detroit’s Big Three.
*Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle.
About the author
Karl Furlong
Senior Editor, Autoblog