Toyota RAV4 Prime

TBD

AFTER INCENTIVES

$28,100

MSRP

$38,100

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ESTIMATED INCENTIVES

$10,000

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Loan Payment

$675 / month

Down Payment

$4,124

10% of MSRP plus tax

ESTIMATED INCENTIVES

$10,000

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Lease Payment

$368 / month

FIRST LEASE PAYMENT

$4,492

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Incentives For Lease

$10,000

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TYPE

Crossover

Minimum Seats

5

FUEL TYPE

PHEV

ELECTRIC RANGE

42 miles

Total Range

600 miles

TIME TO CHARGE - LEVEL 2

~ 6 hr

BATTERY SIZE

18 kWh

CO2 EMISSIONS REDUCTION

6,314 lbs/yr

Trees Planted

132

Gasoline Saved

456 gal/yr

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

TBD
TBD
TBD
TBD

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

20,000 miles

60%

5 Years

$3.16


Assumptions

Results have been updated as of 1/27/2021, 9:19:26 PM.

Cost to Fill Up Monthly

The Toyota RAV4 Prime is $66 cheaper to fill up monthly


VehiclesElectricityGasolineTotal
Toyota RAV4 Prime$54$55$109
Toyota RAV4$0$176$176

Cost of Ownership

The Toyota RAV4 Prime is $4,524 cheaper to own over 5 Years



DescriptionToyota RAV4 PrimeToyota RAV4
Vehicle$22,024$21,854
Maintenance$4,334$5,643
Insurance$8,948$8,366
Electricity$3,240$0
Gasoline$3,326$10,533
Total$41,872$46,397


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

Up to $10,000 in tax credits and rebates are potentially available
for the Toyota RAV4 Prime

Tax Credit

$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.

Tax Credit

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.

Rebate

$1,500

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.

HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption


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

Financing

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.

Rebate

$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.

Special EV Rate

SCE TOU-D-PRIME


Southern California Edison (SCE) offers a special rate to customers for electricity used to charge PEVs called TOU-D-PRIME. This Time-Of-Use (TOU) rate plan has the same periods as our TOU-D-4-9PM rate plan option but offers the lowest off-peak rates of all TOU rate plans to optimize savings while charging your vehicle.

Rebate

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

Public stations
Installed by business or government
Other Types of Stations
Private stations

Reviews from around the web

Edmunds

Alex on Autos

Alex on Autos

Driven Car Reviews

Everyday Reviews

Everyman Driver

Kelley Blue Book