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Mazda Mazda3 vs Toyota Corolla: lease comparison

Both are classified as a car, so they compete for the same shopper. Across the listings LeaseGuru tracks today, the Mazda Mazda3 opens lower by $54 per month. Payment is only part of it: compare drive-off, term, and each lender's fees below before deciding.

Side by side, from live listings

MeasureMazda Mazda3Toyota Corolla
Live listings1728
Lowest payment$174/mo$228/mo
Average payment$301/mo$365/mo
Most common term33 months33 months
Lowest drive-off$0$1,869
Body classCompact CarsCompact Cars

Lender terms behind each lease

Two similar payments can hide very different costs. These are the published terms from each brand's captive lender.

Mazda

Who finances the lease
Mazda Financial Services
Excess mileage
$0.20/mi over your mileage allowancePrepaid miles cost $0.15/mi if you buy them at signing.

Toyota

Who finances the lease
Toyota Motor Credit Corporation (TMCC); leases may be owned by Toyota Lease TrustPublished jointly for Toyota, Lexus, not for this brand alone.
Acquisition (bank) fee — Toyota Financial Services
$750Named on 2026 Toyota.com regional lease examples (RAV4, Tacoma). Due at signing in those examples, not rolled into cap cost.
Acquisition (bank) fee — Southeast Toyota Finance
$695Named on Toyota.com Southeast offers (AL, FL, GA, NC, SC). SETF is a regional Toyota finance arm, not TFS.
Excess mileage
$0.15/mi over your mileage allowancePrepaid miles cost $0.10/mi if you buy them at signing.

Current offers on both

All Mazda Mazda3 lease deals

  • View deal details
    2026 Mazda Mazda3
    New
    Score83

    2026 Mazda Mazda3 2.5 S

    Monthly: $174/mo
    Due at signing: $3,000
    Term: 33 mo

    California

  • View deal details
    2026 Mazda Mazda3
    New
    Score83

    2026 Mazda Mazda3 2.5 S Select Sport

    Monthly: $178/mo
    Due at signing: $3,000
    Term: 33 mo

    California

  • View deal details
    2026 Mazda Mazda3
    New
    Score84

    2026 Mazda Mazda3 2.5 S Preffered

    Monthly: $196/mo
    Due at signing: $3,000
    Term: 36 mo

    California

  • All Toyota Corolla lease deals

  • View deal details
    2026 Toyota Corolla
    New
    Score72

    2026 Toyota Corolla LE

    Monthly: $228/mo
    Due at signing: $3,000
    Term: 36 mo

    California

  • View deal details
    2026 Toyota Corolla
    New
    Score71

    2026 Toyota Corolla LE

    Monthly: $234/mo
    Due at signing: $3,000
    Term: 36 mo

    California

  • View deal details
    2026 Toyota Corolla
    New
    Score76

    2026 Toyota Corolla SE

    Monthly: $234/mo
    Due at signing: $3,000
    Term: 36 mo

    California

  • Mazda3 vs Corolla, answered

    Is the Mazda Mazda3 or the Toyota Corolla cheaper to lease?
    Across live listings the Mazda Mazda3 starts at $174 per month and the Toyota Corolla at $228 — a gap of $54 per month, or about $1,944 over a 36-month term before drive-off.
    How many Mazda Mazda3 and Toyota Corolla lease offers are available?
    LeaseGuru is tracking 17 live Mazda Mazda3 listings and 28 live Toyota Corolla listings. Counts change as brokers refresh inventory, so treat any advertised payment as a starting point.
    Are the Mazda3 and Corolla the same class of vehicle?
    Yes — both are classified as a car (Compact Cars), which is why they are compared here. Cargo room, seating, and drivetrain still differ by trim, so confirm the specific configuration behind any advertised payment.
    Which has the lower due at signing, the Mazda3 or the Corolla?
    The lowest published drive-off we see is $0 on the Mazda Mazda3 and $1,869 on the Toyota Corolla. A lower monthly payment paired with a higher drive-off is often the more expensive lease overall, so compare effective monthly cost rather than the payment alone.

    Payments come from third-party listings and change without notice. Before you decide, read what a lease really costs or browse every lease comparison.