How Much A 3-Year-Old Toyota RAV4 Hybrid Really Costs To Own


The Toyota RAV4 Hybrid remains one of the most popular gasoline-electric hybrid options in the new vehicle market, bested only by the Honda CR-V. We can attribute its immense success to numerous factors, but its low ownership costs remain a standout benefit for many owners. The RAV4 Hybrid is one of the most complete SUV packages that you can consider today. It’s clear that the hybrid RAV4 is a highly sought-after gasoline-electric crossover option for many new vehicle consumers, and it really is a no-brainer. It’s not the most affordable option on the market, but it does benefit from being a fantastic value proposition, with a diverse set of trims and packages.

The midsize crossover also benefits from seamlessly blending performance and efficiency in one dependable and convenient powertrain. Another thing that the Toyota badge benefits from is its venerable reliability. This is a reputation that it has developed thanks to decades of over-engineering its components to ensure that they last for as long as possible. With that in mind, there is a lot of value in considering a slightly used three-year-old model, which still benefits from impressively low long-term ownership costs.

The 2022 RAV4 Hybrid Costs $38,782 To Own

A blue 2022 Toyota RAV4 Hybrid small hybrid SUV is parked.
A blue 2022 Toyota RAV4 Hybrid small hybrid SUV. 
Toyota 

According to Edmunds, you can expect to spend $38,782 over the course of five years and 60,000 miles on the base 2022 Toyota RAV4 Hybrid LE. $6,878 accounts for maintenance, $1,903 for repairs, $12,716 for depreciation, and $9,464 for fuel. J.D. Power‘s valuation of the RAV4 Hybrid, which consists of a reasonably impressive 80/100 quality and reliability rating, resulting in an 80/100 overall score. iSeeCars backs this with an 8.7/10 reliability score, citing that it will benefit from a 14.4-year lifespan and cover 173,295 miles without any reliability issues.

The Toyota RAV4 benefits from a resilient reputation in the U.S. thanks to a long history of reliability, practicality, and brand trust. As one of the pioneers in the compact SUV segment, it has consistently delivered durability, low maintenance costs, and versatile performance for families and individuals alike. Toyota’s proven engineering and high resale values further boost consumer confidence.

Rear 3/4 view of a 2022 Toyota RAV4 Hybrid
Rear 3/4 view of a 2022 Toyota RAV4 Hybrid
Isaac Atienza

2022 Toyota RAV4 Hybrid LE True Cost To Own

Year 1 Year 2 Year 3 Year 4 Year 5 Total
Insurance $816 $840 $866 $892 $918 $4,332
Maintenance $378 $2,037 $1,297 $798 $2,368 $6,878
Repairs $225 $330 $383 $446 $519 $1,903
Taxes & Fees $1,518 $93 $93 $93 $93 $1,890
Financing $1,798 $1,451 $1,078 $676 $246 $5,249
Depreciation $2,676 $2,048 $2,546 $2,851 $2,595 $12,716
Fuel $1,095 $1,128 $1,162 $1,197 $1,232 $5,814
True Cost to Own $8,506 $7,927 $7,425 $6,953 $7,971 $38,782

The 2022 RAV4 Hybrid earns this reputation while adding fuel efficiency and environmental appeal through its hybrid technology, appealing to eco-conscious buyers. It’s also available in a wide range of trims to appeal to multiple economic groups, while blending comfort, interior quality, advanced safety systems, and Toyota’s reliability to ensure a high demand in the used car market. This demand moderates its depreciation rate, as hybrid models from trusted brands retain value better than less-efficient or less-established alternatives.

Side profile shot of a silver 2022 Toyota RAV4 SE Hybrid
Side profile shot of a silver 2022 Toyota RAV4 SE Hybrid.
Toyota

Existing owners of the 2022 model year hold it in a high regard, with it currently boasting a 4.3/5 overall consumer review score on Edmunds. Key strengths include its fuel efficiency, impressive ride quality, and long-lasting reliability. Some owners do criticize it for having uncomfortable seats, translating loud road noise, and having a vague steering wheel.

2022 Toyota RAV4 Hybrid Standard Features

2022 Toyota RAV4 SE Hybrid Interior
2022 Toyota RAV4 SE Hybrid Interior
Toyota

Similar to the current model year, the 2022 Toyota RAV4 Hybrid is available in six well-defined trims, all of which cater to varying consumers. The base LE is a fairly basic proposition, including dual-zone climate control, a 7.0-inch touchscreen with Android Auto and Apple CarPlay, and 17-inch alloy wheels.

The XLE adds LED front lighting, a rear cargo cover, the hands-free smart-key system, and fabric-trimmed seats with embossed polygon-design seat inserts. The XLE Premium introduces front center-vent flow controls, SofTex upholstery, a leather-trimmed steering wheel, and 18-inch alloy wheels.

Front 3/4 view of a 2022 Toyota RAV4 Hybrid
Front 3/4 view of a 2022 Toyota RAV4 Hybrid
Isaac Atienza

SE models feature some blacked-out exterior trimmings, sporty blue accents and stitching for the fabric seats, black 18-inch wheels, a sunroof, and black headliner. The XSE steps things up with a two-tone exterior color scheme, heated front seats, blue ambient lighting, and a digital instrument cluster. You also get a 9.0-inch touchscreen infotainment system.

The flagship Limited consists of chrome exterior details, dark-brown interior accents, and a digital rearview mirror. You also get an 11-speaker JBL audio system.

Toyota’s Dependable Hybrid Drivetrain

silver 2022 Toyota RAV4 SE Hybrid
2022 Toyota RAV4 SE Hybrid Rear Shot 1/4
Toyota

The Toyota RAV4 Hybrid features the brand’s naturally aspirated 2.5-liter four-cylinder Atkinson-cycle engine. This generates 176 horsepower and 163 pound-feet without any electrical assistance with a dual-motor setup for the all-wheel drive system.

Toyota doesn’t disclose combined torque figures for most of its hybridized products, but confirms that the system generates a combined 219 horsepower output. The ICE produces 176 horsepower, while the front electric motor generates 118 horsepower and 149 pound-feet. The rear motor produces 54 horsepower and 89 pound-feet. The result is a fairly respectable 7.3-second 0-60 MPH time and 117 MPH top speed.

Competitively Low Fuel Consumption Returns

2022 Toyota RAV4 XSE
2022 Toyota RAV4 XSE front 3/4 shot
Toyota

The RAV4 Hybrid’s class-leading fuel consumption is another reason why consumers value it so highly, resulting in its impressive long-term value retention. According to the EPA, the Toyota RAV4 Hybrid will cost you $45 to refuel the 14.5-gallon tank. It also estimates that you’ll spend up to $1,200 on fuel every year and that you’ll get to save up to $2,250 on gasoline every five years. It will cost approximately $1.99 to drive over 25 miles. Opting for the Woodland Edition increases your annual fuel cost by $50 and decreases your five-year savings by $250. On average, this model will cost you $2.10 to drive 25 miles.

2025 Toyota RAV4 XSE All-Wheel Drive Rear Three-Quarter 03
2025 Toyota RAV4 XSE All-Wheel Drive Rear Three-Quarter 
Craig Cole | TopSpeed

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Where efficiency is concerned, the EPA estimates that the standard Hybrid will return a 41/38/39 MPG fuel consumption on the city/highway/combined cycle and return a 566-mile range on a full tank of gasoline. The Woodland returns a 38/35/37 MPG result with a slightly less preferable 536-mile range due to its larger wheels and multi-terrain tires.

How Much You’ll Spend On A 2025 Toyota RAV4

A green 2024 Toyota RAV4 Hybrid Woodland Edition is parked in the grass.
A green Toyota RAV4 Hybrid Woodland Edition. 
Toyota 

​​​​​​​The 2025 Toyota RAV4 Hybrid LE starts off at $32,850, while the Limited sits at the top of the range at $41,155. This competitive pricing range contributes to its ability to retain value over a decade of ownership. Toyota also makes the RAV4 Hybrid range a bit more diverse by including the special Woodland trim, which costs $36,070.

This is basically an XLE with a lot of off-road-inspired exterior and interior trimmings applied. If you prefer the XLE, this will cost you $34,360, while the XLE Premiumwill have you increasing your budget to $37,250. Toyota charges a $1,350 delivery fee for all RAV4 Hybrid units. Toyota doesn’t offer many optional extras for the RAV4 range, but there are some available packages for select trims. You can only specify the Hybrid LE with the $680 blind-spot monitor and rear-cross traffic alert and $90 rear cargo cover packages.

2022 Toyota RAV4 Hybrid Rear
2022 Toyota RAV4 Hybrid Rear Shot
Toyota

The Hybrid XLE has access to the brand’s $925 Winter Package, $1,265 Convenience Package, and $2,190 Premium Convenience Package. These include a host of extras, such as an electronic tailgate, sunroof, a heated leather steering wheel, and front seat heating.

White 2022 Rav4
A front 3/4 studio shot of a Toyota Rav4
Toyota

The XLE Premium gets access to the 10.5-inch touchscreen and 11-speaker JBL audio system for $2,485. You can merge this with the aforementioned packages for $3,125 and $3,750, respectively. The Limited has access to three package groups, the most expensive of which is the $2,540 specification. This adds most of the aforementioned features, as well as a panoramic roof and digital rearview mirror. Toyota will be introducing a brand-new generation RAV4 to the market by the end of this year for the 2026 model year, and it will be offered with a hybrid powertrain under the hood as standard.

Sources: Fueleconomy.gov, iSeeCars, Edmunds, CarEdge, and J.D. Power.