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A rare EOFY deal from Toyota Australia sees about $20,000 slashed from the Tundra full-size pick-up to clear stock built 12 months ago.
Toyota Australia has slashed about $20,000 from its Tundra full-size pick-up to clear 12-month-old dealer stock.
In a rare end-of-financial-year deal from Toyota, the company is offering complimentary on-road costs, including registration, compulsory third-party insurance, stamp duty and dealer delivery fees, along with a $10,000 cash bonus.
Available from 1 May 2026 to 30 June 2026, "unless extended", the deal cuts about $20,000 from the Tundra, offered in Australia in Limited and Platinum grades.
However, it is only available for new and demonstrator Tundra vehicles "built up to" 31 July 2025, with newer examples not included in the deal.
It reduces the Tundra Limited to about $140,000 drive-away and the Platinum to about $155,000 – compared with their usual $155,990 and $172,990 before on-road costs RRPs, respectively.
Toyota Australia says the $10,000 bonus is "applicable for private customers, Bronze, Silver and Gold Fleet customers only at participating dealers".
Premium paint remains an extra cost for the Tundra, at an additional $675.
Australian new-car sales data reveals 313 examples of the Toyota have been reported as sold so far in 2026, compared with 666 Ram 1500s, 661 Ford F-150s and 590 Chevrolet Silverados.
The full-size pick-up segment has reported 3007 total sales so far this year, including the larger Chevrolet Silverado HD (444), Ram 2500 (291) and Ram 3500 (42), three fewer than 2025.
However, in April 2026, the segment recorded a 12.5 per cent decline, in an overall market up 3 per cent on the same month last year, and down 0.7 per cent year-on-year.
In December 2025, former Toyota Australia vice president of sales, marketing and franchise operations Sean Hanley said "a lot of people still don't realise we're selling" the Tundra in official Toyota showrooms.
"I'd like it to be selling some more because it has a bit of a difficult start. We need to relaunch it again a bit. People that have got it love it," Hanley said.
"We've just got to get more [consumer] awareness out there about it. I'm not sure there's a lot of awareness about Tundra, so I think it has a lot more room to go.
"I think a lot of people still don't realise we're selling it. That's the feedback I got from the dealers."
The hybrid Tundra features a 3.4-litre twin-turbocharged V6 petrol engine matched with an electric motor for a combined system output of 326kW and 790Nm.
It has a maximum braked towing capacity of 4500 kilograms, which is equivalent to other US full-size pick-ups, and one tonne higher than the LandCruiser 70 Series, LandCruiser 300 Series, HiLux and Prado.
Elsewhere in its range, Toyota Australia continues to offer a $5000 deposit bonus for the 2026 bZ4X FWD, and a $7500 deposit bonus for the 2026 bZ4X AWD, when financing with Toyota Finance.
Jordan is a motoring journalist based in Melbourne with a lifelong passion for cars. He has been surrounded by classic Fords and Holdens, brand-new cars, and everything in between from birth, with his parents’ owning an automotive workshop in regional Victoria. Jordan started writing about cars in 2021, and joined the Drive team in 2024.
