Toyota RAV4 Prime

AFTER INCENTIVES

$29,100

MSRP

$38,350

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ESTIMATED INCENTIVES

$9,250

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Loan Payment

$677 / month

Down Payment

$4,132

10% of MSRP plus tax

ESTIMATED INCENTIVES

$9,250

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Lease Payment

$532 / month

FIRST LEASE PAYMENT

$4,664

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Incentives For Lease

$9,250

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TYPE

Crossover

Minimum Seats

FUEL TYPE

PHEV

ELECTRIC RANGE

42 miles

Total Range

600 miles

TIME TO CHARGE - LEVEL 2

~ 3 hr

BATTERY SIZE

18 kWh

CO2 EMISSIONS REDUCTION

4,204 lbs/yr

Trees Planted

Gasoline Saved

274 gal/yr

For more details including charts & calculations, please view this page on a desktop.

Compare the Toyota RAV4 Prime to a similar gas vehicle, the Toyota RAV4

Purchase Method

Miles Driven Per Year

12,000 miles

Portion Electric for PHEV

60%

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$4.39

Assumptions

Sales Tax7.75%

Electricity Rate$0.1746/kWh

Electricity rate is calculated as a blended rate based off an average household consumption of 700 kWh. To learn more, please click here.

Results have been updated as of 11/15/2021, 10:35:37 PM.

Cost to Fill Up Monthly

The Toyota RAV4 Prime is $62 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Toyota RAV4 Prime	$38	$46	$84
Toyota RAV4	$0	$146	$146

Cost of Ownership

The Toyota RAV4 Prime is $5,212 cheaper to own over 5 Years

Description	Toyota RAV4 Prime	Toyota RAV4
Vehicle	$15,703	$16,917
Maintenance	$2,538	$3,386
Insurance	$8,960	$8,366
Electricity	$2,263	$0
Gasoline	$2,773	$8,780
Total	$32,237	$37,450

Cost to Breakdown

Compare the cumulative lifetime cost of the Toyota RAV4 Prime to a Toyota RAV4

Year	Toyota RAV4 Prime	Toyota RAV4
Year 0	$29,100	$26,000
Year 1	$35,379	$32,121
Year 2	$38,686	$36,228
Year 3	$41,992	$40,334
Year 4	$45,299	$44,441
Year 5	$32,237	$37,450

Note: Breakeven chart assumes the vehicles are purchased in cash.

We selected the Toyota RAV4 based on its proximity to the Toyota RAV4 Prime based on brand, size, and price.

For more details including charts & calculations, please view this page on a desktop.

Up to $9,250 in tax credits and rebates are potentially available
for the Toyota RAV4 Prime

$7,500

Federal Tax Credit

Tax credit for the purchase of a new plug-in electric drive motor vehicle. Credit amount depends on the car's battery capacity.

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

Customers who purchase qualified residential fueling equipment before December 31, 2021, may receive a tax credit of up to $1,000.

$1,000

California Clean Vehicle Rebate Project

The California Clean Vehicle Rebate Project (CVRP) offers rebates for the purchase or lease of qualified vehicles. Low income applicants are eligible for higher incentives. As of April 23, 2021, limited funding is only available for Rebate Now applicants. All other applications will be placed on a rebate waitlist. Qualified applicants on the rebate waitlist may receive a rebate if the CVRP receives funding from the State of California.

California PACE Loss Reserve Program

The PACE Loss Reserve Program administered by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) works with partners and lenders to support PACE financing for energy or water efficiency and clean energy home improvements. Property owners in a PACE-designated area can use PACE financing for the above home improvements without a down payment and repayment included in their property tax bills. See if a PACE participant serves your county!

$750

California Clean Fuel Reward

A point-of-sale reward available to all California residents who purchase or lease of an eligible new Battery Electric (BEV) or Plug-in Hybrid (PHEV) vehicle at participating retailers.

California High Occupancy Vehicle (HOV) Lane Exemption

Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.

California Clean Vehicle Assistance Program Beneficial State Foundation

Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.

Anaheim Public Utilities EV Rates

Anaheim Public Utilities (APU) offers Time-Of-Use rates to customers for electricity used to charge PEVs.

Up to $1,000

Anaheim Public Utilities EV Charger Rebate

Anaheim Public Utilities is offering Personal Use Electric Vehicle Charging Station Rebates to residential, commercial and industrial customers who install Level 2 (240-Volt), or higher, plug-in electric vehicle (EV) chargers at their home or business. Eligible customers not participating in one of Anaheim's special EV / TOU rates can receive up to $400 per any Level 2 EV charger, or up to $1,000 per networked charger upon enrollment in one of the aforementioned rates.

Up to $500

South Coast AQMD Resident EV Charging Incentive Pilot Program

Incentive of $250 for the cost of hardware for eligible Level 2 residential chargers. Chargers not listed on the online application may be considered for the program. An additional incentive of up to $250 will be available for low income residents. Eligible vehicles must be on the Clean Vehicle Rebate Project (CVRP) eligibility list. This rebate can only be stacked with other programs towards the cost of installation.

Charging Stations

Zipcode

Public Stations
Installed by business or government

Other Types of Stations
Private stations

Reviews from around the web

Edmunds

Alex on Autos

Driven Car Reviews

Everyday Reviews

Everyman Driver

Kelley Blue Book

Consumer Reports

Motoring TV