Used 2022 Toyota RAV4 Hybrid for Sale nearOakville, ON
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- White
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 35,295
- Stock #:
- P17PA065
- VIN:
- 2T3RWRFV4PW155119


Sponsored by Brantford Toyota
2023 Toyota RAV4 Hybrid
XLE AWD
35,295 km
$40,995
- Year:
- 2022
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Black
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 135,337
- Stock #:
- 23U12589
- VIN:
- 2T3BWRFV4NW138366

Sponsored Listing
2022 Toyota RAV4 Hybrid
LE AWD
135,337 km
$30,990
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Gray
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Interior colour:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 110,100
- Stock #:
- 27197
- VIN:
- 2T3BWRFV6PW169900

Sponsored Listing
2023 Toyota RAV4 Hybrid
LE AWD
110,100 km
$30,900
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Gray
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Interior colour:
- Gray
- Transmission:
- Automatic
- Mileage:
- 125,150
- Stock #:
- D10292
- VIN:
- 2T3BWRFV0PW169651

2023 Toyota RAV4 Hybrid
XLE Premium AWD
125,150 km
$31,995
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Blue
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 64,000
- Stock #:
- 000316
- VIN:
- 2T3RWRFV6PW159009

2023 Toyota RAV4 Hybrid
XLE Premium AWD
64,000 km
$37,699
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Black
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 72,203
- Stock #:
- 4029
- VIN:
- 2T3RWRFV1PW163761

2023 Toyota RAV4 Hybrid
XLE AWD
72,203 km
$34,995
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- White
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 13,709
- Stock #:
- B4993
- VIN:
- 2T3RWRFV9PW183949

2023 Toyota RAV4 Hybrid
XLE AWD
13,709 km
$39,300
- Year:
- 2022
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Silver
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 119,760
- Stock #:
- tsm-145670
- VIN:
- 2T34WRFV8NW145670

2022 Toyota RAV4 Hybrid
SE AWD
119,760 km
$30,450
- Year:
- 2021
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Black
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 93,000
- Stock #:
- 2607EB889
- VIN:
- 2T3DWRFVXMW101234

2021 Toyota RAV4 Hybrid
Limited AWD
93,000 km
$32,450
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- White
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 54,410
- Stock #:
- TC631
- VIN:
- 2T3BWRFV0PW168452

2023 Toyota RAV4 Hybrid
LE AWD
54,410 km
$31,990
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Black
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 64,288
- Stock #:
- 5450
- VIN:
- 2T3RWRFV2PW163350

2023 Toyota RAV4 Hybrid
XLE AWD
64,288 km
$34,999
- Year:
- 2021
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Silver
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 139,697
- Stock #:
- L8227
- VIN:
- 2T3BWRFV7MW123181

-$900
2021 Toyota RAV4 Hybrid
LE AWD
139,697 km
$28,888
$27,988
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- White
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 108,900
- Stock #:
- P3558
- VIN:
- 2T3RWRFV6PW172293

2023 Toyota RAV4 Hybrid
XLE AWD
108,900 km
$34,488
CarGurus Analysis:
2022 Toyota RAV4 Hybrid
With 133 currently listed for sale near Oakville, ON and an average price of $34,111 CAD, 33.8% of 2022 Toyota RAV4 Hybrids for sale on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2022 Toyota RAV4 Hybrid 4.79 / 5 stars.
100.0% of 2022 RAV4 Hybrid models on CarGurus are accident free.
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- White
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 74,290
- Stock #:
- 3805A
- VIN:
- 2T3BWRFV3PW168199

2023 Toyota RAV4 Hybrid
LE AWD
74,290 km
$33,995
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Gray
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Interior colour:
- Black (CHARCOAL)
- Transmission:
- Automatic
- Mileage:
- 152,870
- Stock #:
- F4314
- VIN:
- 2T3RWRFV0PW165534

2023 Toyota RAV4 Hybrid
XLE AWD
152,870 km
$30,995
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Black
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 15,100
- Stock #:
- 000272
- VIN:
- 2T3BWRFV2PW182496
Photos coming soon
2023 Toyota RAV4 Hybrid
LE AWD
15,100 km
$36,990
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- White
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 147,718
- Stock #:
- L8318
- VIN:
- 2T3RWRFV2PW167432

2023 Toyota RAV4 Hybrid
XLE AWD
147,718 km
$30,888
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Black
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 134,601
- Stock #:
- 460904
- VIN:
- 2T3BWRFV7PW172045

2023 Toyota RAV4 Hybrid
LE AWD
134,601 km
$30,995
- Year:
- 2021
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Gray (Magnetic Grey Met)
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 104,138
- Stock #:
- 21-22499GL
- VIN:
- 2T3BWRFV0MW122499

2021 Toyota RAV4 Hybrid
LE AWD
104,138 km
$30,091
- Year:
- 2021
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- White
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 102,979
- Stock #:
- NO15486A
- VIN:
- 2T3DWRFVXMW111325

2021 Toyota RAV4 Hybrid
Limited AWD
102,979 km
$33,972
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Red
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 64,462
- Stock #:
- K1664
- VIN:
- 2T3DWRFV4PW182069

2023 Toyota RAV4 Hybrid
Limited AWD
64,462 km
$40,900
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- White
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 82,543
- Stock #:
- C4127
- VIN:
- 2T3BWRFVXPW186246

2023 Toyota RAV4 Hybrid
LE AWD
82,543 km
$33,995
- Year:
- 2023
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- White
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 82,543
- Stock #:
- C4127
- VIN:
- 2T3BWRFVXPW186246

Sponsored Listing
2023 Toyota RAV4 Hybrid
LE AWD
82,543 km
$33,995
CarGurus Analysis: 2022 Toyota RAV4 Hybrid

Summary
With 133 currently listed for sale near Oakville, ON and an average price of $34,111 CAD, 33.8% of 2022 Toyota RAV4 Hybrids for sale on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2022 Toyota RAV4 Hybrid 4.79 / 5 stars.
100.0% of 2022 RAV4 Hybrid models on CarGurus are accident free.
Why it stands out
The 2022 Toyota RAV4 Hybrid stands out as a compact SUV that blends Toyota’s hybrid know-how with the practicality buyers expect from the RAV4 name. It uses a 2.5-litre inline four-cylinder engine with an electric motor for each axle, a CVT, and on-demand all-wheel drive that only sends power to the rear when extra traction is needed. Toyota also gave this generation a tougher, more angular look outside and a similarly sharp-edged cabin, while the hybrid system’s 219 horsepower and combined fuel consumption of 6.0 litres per 100 kilometres on most models make it notably more efficient than the gas version.
For 2022, the lineup gained a new Hybrid SE trim, adding another choice for shoppers who want a slightly different take on the RAV4 Hybrid formula. The model’s appeal also comes from its technology: it includes Toyota’s latest Safety Sense package as standard, and the infotainment system offers a larger touchscreen along with Android Auto and Apple CarPlay compatibility. Owners commonly praise the fuel economy, smooth drive, stylish design, advanced technology, and safety features, which helps explain why it feels like a well-rounded everyday SUV rather than a flashy one.
There are a few trade-offs. The infotainment system is not cutting-edge, the cargo area is smaller than some rivals’, and some reviewers mention a stiff ride and a high price. Even so, the 2022 Toyota RAV4 Hybrid remains attractive for buyers who want strong efficiency, standard all-wheel drive, and a practical, well-equipped interior in a package that is easy to live with.
Other model years to consider
- Average price: $40,621 CAD
- Good/great deal percentage: 28.3%
- User rating: 5 / 5
- Total listings: 226
- Average price: $29,994 CAD
- Good/great deal percentage: 30.9%
- User rating: 4.82 / 5
- Total listings: 68
- Average price: $37,783 CAD
- Good/great deal percentage: 31.9%
- User rating: 5 / 5
- Total listings: 163
This analysis is based on CarGurus' proprietary market data from September 28, 2026, CarGurus experts' opinions, and generative AI.
4.8 Overall rating
Filter by rating
Rachelle R
Reviewed a 2022 Toyota XLE AWD on Feb 26, 2026
Seems like a good solid car with the comfort and quality that I am seeking from Toyota. I do enjoy the space and reliability but I much prefer the luxury of the Lexus for my long drives.
Anonymous
Reviewed a 2022 Toyota RAV4 Hybrid on Aug 4, 2022
The RAV4 Hybrid is a beautiful car. A must buy. Toyota did an excellent job.
Anonymous
Reviewed a 2022 Toyota RAV4 Hybrid on Mar 18, 2022
Bought a SE Hybrid unseen, as they are acquired by reserving one. Was pleasantly surprised with the styling and amenities. Also happy with performance of this vehicle and gas mileage.
Kenneth K
Reviewed a 2022 Toyota RAV4 Hybrid on Jul 6, 2022
This card has great features. We especially love the technology package with all its bells and whistles. The interior is sporty, spacious and comfortable. The CarPlay system is very convenient for navigation and playing music. Overall it’s a five star vehicle and we look forward to our experience as owners of this vehicle.
2022 Toyota RAV4 Hybrid Trims
| Trim type | MSRP |
|---|---|
| Premium XSE AWD | -- |
| LE AWD | $29,575 |
| XSE AWD | $35,555 |
| XLE Premium AWD | $33,935 |
| XLE AWD | $31,045 |
| Limited AWD | $38,075 |
| SE AWD | $32,230 |
2022 Toyota RAV4 Hybrid Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2022 Toyota RAV4 Hybrid prices has changed over time.
See more price trends2022 Toyota RAV4 Hybrid Pricing Analysis: Oakville, ON Market Report
Pricing in Nearby Cities
Market Area: Oakville, ON
Key Insights
- Highest-Price Market: The Brampton, ON market shows the highest average price at $33,701 CAD, indicating strong demand or limited supply.
- Best Value: The Burlington, ON market offers the lowest average price at $33,174 CAD, presenting a potential opportunity for cost-conscious shoppers.
- Inventory Drives Stability: The Mississauga, ON area leads with 140 listings, suggesting a stable inventory that may help maintain competitive pricing.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Mississauga, ON | 140 | $33,574 CAD |
| Milton, ON | 140 | $33,403 CAD |
| Brampton, ON | 140 | $33,701 CAD |
| Woodbridge, ON | 140 | $33,701 CAD |
| Etobicoke, ON | 139 | $33,642 CAD |
| Toronto, ON | 138 | $33,448 CAD |
| Burlington, ON | 137 | $33,174 CAD |
| North York, ON | 137 | $33,642 CAD |
| Stoney Creek, ON | 136 | $33,174 CAD |
| Hamilton, ON | 134 | $33,357 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The XLE AWD trim dominates the market with 167 listings, indicating its popularity among consumers.
- Premium Spread: The Limited AWD trim, priced at $38,075 CAD, reflects a significant premium over the XLE AWD, which is priced at $31,045 CAD, highlighting the value of additional features.
- Drivetrain Effect: All trims feature the same AWD drivetrain, suggesting that drivetrain choice does not significantly impact pricing across the board.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| XLE AWD | 167 | $31,045 CAD | AWD | 2.5L 219 hp I4 Hybrid |
| LE AWD | 60 | $29,575 CAD | AWD | 2.5L 219 hp I4 Hybrid |
| Limited AWD | 55 | $38,075 CAD | AWD | 2.5L 219 hp I4 Hybrid |
| XSE AWD | 42 | $35,555 CAD | AWD | 2.5L 219 hp I4 Hybrid |
| SE AWD | 26 | $32,230 CAD | AWD | 2.5L 219 hp I4 Hybrid |
| XLE Premium AWD | 6 | $33,935 CAD | AWD | 2.5L 219 hp I4 Hybrid |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2025 model year commands a premium with an average price of $43,258 CAD, reflecting the higher demand for newer vehicles.
- Depreciation Curve: The 2016 model year exhibits the steepest depreciation at -24.7%, indicating a significant drop in value as vehicles age.
- Best Value Sweet Spot: The 2022 model year, with an average price of $33,390 CAD, represents a strong value proposition as it is priced above the starting MSRP, appealing to buyers seeking a balance of cost and features.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2025 | $32,850 CAD | $43,258 CAD | +31.7% |
| 2024 | $31,725 CAD | $40,742 CAD | +28.4% |
| 2023 | $31,225 CAD | $37,428 CAD | +19.9% |
| 2022 | $29,575 CAD | $33,390 CAD | +12.9% |
| 2021 | $28,900 CAD | $30,306 CAD | +4.9% |
| 2020 | $28,350 CAD | $29,419 CAD | +3.8% |
| 2019 | $27,850 CAD | $28,246 CAD | +1.4% |
| 2018 | $27,385 CAD | $22,694 CAD | -17.1% |
| 2017 | $27,910 CAD | $21,564 CAD | -22.7% |
| 2016 | $28,370 CAD | $21,353 CAD | -24.7% |
These recommendations are based on CarGurus' proprietary market data from September 25, 2026, CarGurus experts' opinions, and generative AI.
How much does the 2022 Toyota RAV4 Hybrid cost?
| Metric | Value |
|---|---|
| Current Average Price | $36,711 CAD |
| Year-Round Low | $36,538 CAD |
| Year-Round High | $39,665 CAD |
| Average Price a Year Ago | $39,676 CAD |
| Change vs. Last Year | −7.47% |
Prices have softened 7.47% compared to this time last year, making it a favourable time to shop this model year.
There are 335 listings available, which gives you a reasonable amount of inventory to compare before you buy.
Is the 2022 Toyota RAV4 Hybrid a good car?
Yes — owners rate it 4.79/5, which is a strong sign that it delivers on what shoppers want. The owner feedback consistently points to excellent fuel economy, a smooth drive, and stylish design, with advanced technology and safety features also standing out. That fits especially well if you want a practical compact SUV that is easy to live with every day. With 33.1% of listings marked as good or great deals, you have a decent chance of finding a competitive offer.
Is the 2022 Toyota RAV4 Hybrid reliable?
Owners rate it 4.79/5, a strong signal of long-term satisfaction.
The owner feedback also highlights dependable ownership traits, with praise centred on fuel economy, smooth operation, and confidence-inspiring safety features. That combination suggests the model is the kind of hybrid you can count on for regular use over the long term.
For used buyers, the main ownership risk is less about core reliability and more about finding a well-kept example that has been maintained properly.
Is now a good time to buy a used 2022 Toyota RAV4 Hybrid?
This is a moderate market for selective buyers, so it makes sense to compare listings carefully and move quickly on strong examples.
- Deal availability: 33.1% of listings are priced as good or great deals.
- Inventory: There are 335 listings available.
- Price trend: Prices have softened 7.47% compared with last year.
If you find a listing below $36,538 CAD, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2022 Toyota RAV4 Hybrid's resale value?
The current average of $36,711 CAD sits slightly below last year's $39,676 CAD.
That softer pricing can help you buy in at a more favourable point, but it also means future resale gains may be more modest if the market stays competitive. If demand remains steady, the model's strong reputation should help support values better than a less sought-after hybrid SUV. The current spread between the year-round low and high also suggests there is room for condition, mileage, and equipment to influence what you can later recover.
Vehicles with strong owner satisfaction ratings, like this model year's 4.79/5, tend to retain buyer demand, which supports resale value over time.
Should I buy a 2022 Toyota RAV4 Hybrid or consider a different year?
If you're weighing the 2022 against nearby model years, here's how to think about it:
Choose the 2022 if:
- 33.1% of listings are priced as good or great deals.
- Price trend: Prices have softened 7.47% compared with last year.
- Owners rate it 4.79/5 — a strong satisfaction signal.
Consider the 2021 if:
- At $33,967 CAD, the 2021 costs less than the current year's $36,711 CAD average.
- It offers strong value with a payback-focused ownership story.
Consider the 2023 if:
- At $38,980 CAD, the 2023 costs more than the current year's $36,711 CAD average.
- It brings a newer infotainment system and improved everyday usability.
The bottom line: The 2022 is the best all-around pick if you want a well-rated hybrid SUV with softened pricing and decent deal availability. If your priority is spending less up front, the 2021 is the smarter value play; if you want the newer-feeling tech and can stretch your budget, the 2023 is worth a look.
These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.
Relevant articles

Toyota RAV4 Hybrid Buying Guide: Cost, Reliability, and the Best Years to Buy
Discover the ultimate buying guide for purchasing a used Toyota RAV4 Hybrid, covering each generation since 2015. Whether you're a first-time buyer or a Toyota enthusiast, this comprehensive overview will help you research your next pre-owned Toyota RAV4 Hybrid.

2026 Toyota RAV4: Price, Specs and Release Date
Given that Toyota last redesigned the RAV4 in 2018 for the 2019 model year, we think chances are very good we’ll get a first look at an updated RAV4 in the not-too-distant future. Here's what we know so far about the 2026 Toyota RAV4 in Canada.

Toyota RAV4 Buying Guide: Cost, Reliability, and the Best Years to Buy
Discover the ultimate buying guide for purchasing a used Toyota RAV4 in Canada, covering every generation since 1996. Whether you're a first-time buyer or a Toyota enthusiast, this comprehensive overview is for you.