Summary

• With 322 currently listed for sale near Waterloo, ON and an average price of $32,889.00 CAD, 31.7% of 2023 Toyota RAV4s for sale on CarGurus are rated as good or great deals.

• Favourably reviewed: Owners rated the 2023 Toyota RAV4 4.62 / 5 stars.

• 100.0% of 2023 RAV4 models on CarGurus are accident free.

• The 2023 Toyota RAV4 features a newly updated infotainment system, standard all-wheel drive, and a spacious interior, making it a reliable choice for families.

Why it stands out

The 2023 Toyota RAV4 continues to be a strong contender in the compact SUV market, known for its reliability and practicality. This model year introduces a refreshed infotainment system, which includes an 8.0-inch touchscreen as standard and a larger 10.5-inch option for higher trims, enhancing the overall user experience. The RAV4 is equipped with a 2.5-litre four-cylinder engine that delivers 203 horsepower, paired with an eight-speed automatic transmission, providing a balance of efficiency and performance. While some drivers may find the performance somewhat pedestrian compared to competitors like the Honda CR-V, the RAV4 compensates with its spacious interior and impressive safety features, including the latest Toyota Safety Sense 2.5 suite. With a 100% accident-free rate among listings, the RAV4 is a dependable choice for buyers seeking a family-friendly vehicle that prioritizes safety and comfort.

Other model years to consider

• 2024 Toyota RAV4

  • Average price: $34,458.00 CAD
  • Good/great deal percentage: 32.8%
  • User rating: 4.86 / 5
  • Total listings: 323

• 2020 Toyota RAV4

  • Average price: $27,355.00 CAD
  • Good/great deal percentage: 20.3%
  • User rating: 4.57 / 5
  • Total listings: 182

• 2022 Toyota RAV4

  • Average price: $31,227.00 CAD
  • Good/great deal percentage: 22.6%
  • User rating: 4.44 / 5
  • Total listings: 270

This analysis is based on CarGurus' proprietary market data from July 15, 2026, CarGurus experts' opinions, and generative AI.