Used 2024 Toyota RAV4 Hybrid for Sale nearKitchener, 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:
- Black
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 56,000
- Stock #:
- PW153425
- VIN:
- 2T3RWRFV1PW153425


Sponsored by Mark Wilson's Better Used Cars
2023 Toyota RAV4 Hybrid
XLE AWD
56,000 km
$38,988
- Year:
- 2024
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- BLUEPRINT
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Interior colour:
- BLACK, FABRIC SEAT TRIM
- Transmission:
- Automatic
- Mileage:
- 60,184
- Stock #:
- 9767
- VIN:
- 2T3RWRFV0RW198889

-$1,802
Sponsored Listing
2024 Toyota RAV4 Hybrid
XLE AWD
60,184 km
$41,290
$39,488
- 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:
- Automatic
- Mileage:
- 107,718
- Stock #:
- G168518
- VIN:
- 2T3BWRFV4PW168518

Sponsored Listing
2023 Toyota RAV4 Hybrid
LE AWD
107,718 km
$32,492
- Year:
- 2024
- 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
- Mileage:
- 41,274
- Stock #:
- 33UTNA39850
- VIN:
- 2T3DWRFV1RW239850
Photos coming soon
-$4,000
2024 Toyota RAV4 Hybrid
Limited AWD
41,274 km
$45,500
$41,500
- 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:
- 46,572
- Stock #:
- L1249L
- VIN:
- 2T3RWRFV2PW162294

-$2,000
2023 Toyota RAV4 Hybrid
XLE AWD
46,572 km
$38,998
$36,998
- 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:
- White
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Mileage:
- 44,513
- Stock #:
- N11848A
- VIN:
- 2T3RWRFV0PW177392

-$1,000
2023 Toyota RAV4 Hybrid
XLE AWD
44,513 km
$37,999
$36,999
- Year:
- 2025
- 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:
- Continuously Variable Transmission
- Mileage:
- 75,697
- Stock #:
- DP24165A
- VIN:
- 2T3BWRFV3SW261443

2025 Toyota RAV4 Hybrid
LE AWD
75,697 km
$35,998
- Year:
- 2024
- 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:
- 78,000
- Stock #:
- 187008
- VIN:
- 2T3RWRFV8RW187008

2024 Toyota RAV4 Hybrid
XLE AWD
78,000 km
$36,499
- 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
- Year:
- 2025
- 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:
- 25,547
- Stock #:
- LR50025
- VIN:
- 2T3DWRFV6SW293442

2025 Toyota RAV4 Hybrid
Limited AWD
25,547 km
$49,780
- 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:
- 2024
- 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:
- Continuously Variable Transmission
- Mileage:
- 35,453
- Stock #:
- H5984
- VIN:
- 2T35WRFV2RW241529

2024 Toyota RAV4 Hybrid
XSE AWD
35,453 km
$46,500
CarGurus Analysis:
2024 Toyota RAV4 Hybrid
With 178 currently listed for sale and an average price of $40,525 CAD, 25.8% of 2024 Toyota RAV4 Hybrid listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2024 Toyota RAV4 Hybrid 5 / 5 stars.
- Year:
- 2024
- Make:
- Toyota
- Model:
- RAV4 Hybrid
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.5L I4 Hybrid
- Exterior colour:
- Wind Chill Pearl w/ Black Roof
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 22,847
- Stock #:
- 33UCBA28095
- VIN:
- 2T35WRFV7RW228095

2024 Toyota RAV4 Hybrid
XSE AWD
22,847 km
$47,451
- Year:
- 2025
- 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:
- 75,872
- Stock #:
- 12109249A
- VIN:
- 2T3RWRFV9SW285602

2025 Toyota RAV4 Hybrid
XLE AWD
75,872 km
$39,888
- Year:
- 2024
- 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:
- 122,018
- Stock #:
- DA-315
- VIN:
- 2T3BWRFV6RW211548

2024 Toyota RAV4 Hybrid
LE AWD
122,018 km
$32,999
- 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:
- 48,602
- Stock #:
- Q5238
- VIN:
- 2T3DWRFV4PW160590

2023 Toyota RAV4 Hybrid
Limited AWD
48,602 km
$42,998
- Year:
- 2025
- 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:
- 63,092
- Stock #:
- 12109427A
- VIN:
- 2T3RWRFV0SW284631

2025 Toyota RAV4 Hybrid
XLE Premium AWD
63,092 km
$41,888
- 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:
- White
- Combined gas mileage:
- 6 L/100km
- Fuel type:
- Hybrid
- Transmission:
- Automatic
- Mileage:
- 53,277
- Stock #:
- L1359A
- VIN:
- 2T3RWRFV8PW169587

-$2,000
2023 Toyota RAV4 Hybrid
XLE AWD
53,277 km
$39,998
$37,998
- Year:
- 2025
- 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:
- 36,101
- Stock #:
- P3550
- VIN:
- 2T3RWRFV6SW260866

2025 Toyota RAV4 Hybrid
XLE AWD
36,101 km
$43,488
- 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:
- 2024
- 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:
- 96,906
- Stock #:
- M9874A
- VIN:
- 2T3DWRFV3RW235122

2024 Toyota RAV4 Hybrid
Limited AWD
96,906 km
$40,998
- Year:
- 2025
- 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
- Transmission:
- Automatic
- Mileage:
- 45,304
- Stock #:
- LR50019
- VIN:
- 2T3BWRFV4SW282009

Sponsored Listing
2025 Toyota RAV4 Hybrid
LE AWD
45,304 km
$40,464
CarGurus Analysis: 2024 Toyota RAV4 Hybrid

Summary
With 178 currently listed for sale and an average price of $40,525 CAD, 25.8% of 2024 Toyota RAV4 Hybrid listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2024 Toyota RAV4 Hybrid 5 / 5 stars.
Why it stands out
The 2024 Toyota RAV4 Hybrid stands out because it blends Toyota’s SUV know-how with hybrid efficiency in a package that is practical, well-built, and easy to live with. It is part of the second-generation RAV4 Hybrid, which was added in spring 2019, and it brings a tougher, more angular design than the earlier model. Toyota also gave it a more advanced hybrid system, and the result is a compact SUV that feels more polished and more capable than the first-generation version.
For this generation, the RAV4 Hybrid 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. It produces 219 horsepower and achieves a combined fuel consumption figure of 6.0 litres per 100 kilometres on most models, which makes it appealing for buyers who want lower running costs without giving up everyday usefulness. It is also well equipped, with a larger touchscreen, Android Auto and Apple CarPlay compatibility, and Toyota Safety Sense included as standard from the start. Buyers looking for a used example will also appreciate that the model is generally regarded as reliable and that it holds its value well.
There are a few drawbacks to keep in mind. The infotainment system is not cutting-edge, and the cargo area is smaller than some rivals’. Even so, the 2024 Toyota RAV4 Hybrid remains a strong choice for shoppers who want a sensible compact SUV with good fuel economy, solid equipment, and a reputation for dependability.
Other model years to consider
- 2023 Toyota RAV4 Hybrid
- Average price: $37,036 CAD
- Good/great deal percentage: 34.4%
- User rating: 5 / 5
- Total listings: 151
- 2025 Toyota RAV4 Hybrid
- Average price: $43,214 CAD
- Good/great deal percentage: 18.1%
- User rating: 5 / 5
- Total listings: 149
- 2022 Toyota RAV4 Hybrid
- Average price: $35,475 CAD
- Good/great deal percentage: 39.6%
- User rating: 4.79 / 5
- Total listings: 106
Similar models to consider
- 2024 Honda CR-V Hybrid
- Average price: $37,520 CAD
- Good/great deal percentage: 49.5%
- User rating: 4.43 / 5
- Total listings: 198
- 2024 Ford Escape Hybrid
- Average price: $35,130 CAD
- Good/great deal percentage: 28.1%
- Total listings: 32
- 2024 Subaru Forester
- Average price: $33,057 CAD
- Good/great deal percentage: 18.0%
- User rating: 5 / 5
- Total listings: 100
This analysis is based on CarGurus' proprietary market data from October 5, 2026, CarGurus experts' opinions, and generative AI.
5.0 Overall rating
Filter by rating
Anonymous
Reviewed a 2024 Toyota XLE AWD on Dec 13, 2024
After looking at several similar SUV’s, the Toyota RAV4 offered the best features for the best value. I’ve owned several Toyotas in the past so I know the quality is there.
ELLY G
Reviewed a 2024 Toyota Woodland Edition AWD on May 25, 2026
Hybrid at its finest, gas prices up or down has no effect
2024 Toyota RAV4 Hybrid Trims
| Trim type | MSRP |
|---|---|
| Woodland Edition AWD | $34,945 |
| LE AWD | $31,725 |
| Limited AWD | $40,030 |
| XSE AWD | $37,385 |
| XLE Premium AWD | $36,125 |
| SE AWD | $34,420 |
| XLE AWD | $33,235 |
2024 Toyota RAV4 Hybrid Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2024 Toyota RAV4 Hybrid prices has changed over time.
See more price trends2024 Toyota RAV4 Hybrid Pricing Analysis: Kitchener, ON Market Report
Pricing in Nearby Cities
Market Area: Kitchener, ON
Key Insights
- Highest-Price Market: The Listowel, ON market has the highest average price at $42,002 CAD, indicating a premium demand in that area.
- Best Value: The Burlington, ON market offers the lowest average price at $40,445 CAD, suggesting a more competitive pricing environment.
- Inventory Drives Stability: The Brampton, ON market leads with 207 listings, reflecting a robust supply that may help stabilise prices.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Brampton, ON | 207 | $40,649 CAD |
| Milton, ON | 206 | $40,599 CAD |
| Cambridge, ON | 205 | $40,697 CAD |
| Orangeville, ON | 205 | $40,624 CAD |
| Guelph, ON | 200 | $40,612 CAD |
| Burlington, ON | 199 | $40,445 CAD |
| Hamilton, ON | 194 | $40,456 CAD |
| Brantford, ON | 163 | $40,536 CAD |
| Woodstock, ON | 147 | $40,488 CAD |
| Listowel, ON | 139 | $42,002 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The XLE AWD trim is the most popular with 141 listings, indicating strong consumer preference for this configuration.
- Premium Spread: The Limited AWD trim, priced at $40,030 CAD, shows a significant premium over the LE AWD trim at $31,725 CAD, highlighting a 26.2% price difference for added features.
- Drivetrain Effect: All trims feature an AWD drivetrain, which may contribute to the overall higher pricing due to increased demand for all-weather capability.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| XLE AWD | 141 | $33,235 CAD | AWD | 2.5L 219 hp I4 Hybrid |
| LE AWD | 58 | $31,725 CAD | AWD | 2.5L 219 hp I4 Hybrid |
| Limited AWD | 53 | $40,030 CAD | AWD | 2.5L 219 hp I4 Hybrid |
| XSE AWD | 29 | $37,385 CAD | AWD | 2.5L 219 hp I4 Hybrid |
| SE AWD | 19 | $34,420 CAD | AWD | 2.5L 219 hp I4 Hybrid |
| XLE Premium AWD | 6 | $36,125 CAD | AWD | 2.5L 219 hp I4 Hybrid |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2025 model year commands the highest average price at $43,204 CAD, reflecting a 31.5% premium over its starting MSRP.
- Depreciation Curve: The 2016 model year exhibits the steepest depreciation at -32.9%, indicating significant value loss as it ages.
- Best Value Sweet Spot: The 2021 model year, with an average price of $30,307 CAD, represents a potential sweet spot for buyers seeking value without sacrificing modern features.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2025 | $32,850 CAD | $43,204 CAD | +31.5% |
| 2024 | $31,725 CAD | $40,396 CAD | +27.3% |
| 2023 | $31,225 CAD | $37,028 CAD | +18.6% |
| 2022 | $29,575 CAD | $35,475 CAD | +19.9% |
| 2021 | $28,900 CAD | $30,307 CAD | +4.9% |
| 2020 | $28,350 CAD | $30,721 CAD | +8.4% |
| 2019 | $27,850 CAD | $29,107 CAD | +4.5% |
| 2018 | $27,385 CAD | $22,777 CAD | -16.8% |
| 2017 | $27,910 CAD | $21,386 CAD | -23.4% |
| 2016 | $28,370 CAD | $19,029 CAD | -32.9% |
These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.
How much does the 2024 Toyota RAV4 Hybrid cost?
| Metric | Value |
|---|---|
| Current Average Price | $42,233 CAD |
| Year-Round Low | $41,716 CAD |
| Year-Round High | $46,134 CAD |
| Average Price a Year Ago | $46,132 CAD |
| Change vs. Last Year | −8.45% |
Prices have softened 8.45% compared to this time last year, making it a favourable time to shop this model year.
There are 486 listings available, which suggests you have a reasonable amount of inventory to compare.
Is the 2024 Toyota RAV4 Hybrid a good car?
Yes — the 5/5 user rating points to strong owner satisfaction. The 2024 Toyota RAV4 Hybrid blends Toyota’s SUV know-how with hybrid efficiency in a package that is practical, well-built, and easy to live with. It is a compact SUV that feels more polished and more capable than the earlier version, while still focusing on everyday usefulness, lower running costs, and solid equipment. With 29.4% of listings marked as good or great deals, you also have some room to shop selectively.
Is the 2024 Toyota RAV4 Hybrid reliable?
Owners rate it 5/5, a strong signal of long-term satisfaction.
The 2024 Toyota RAV4 Hybrid is described as generally reliable, and Toyota’s reputation for dependability is part of its appeal. It is also presented as a sensible, well-built SUV with a reputation for holding its value well. For used buyers, that usually means lower ownership stress, though you should still check maintenance history and overall condition carefully.
Is now a good time to buy a used 2024 Toyota RAV4 Hybrid?
This looks like a moderate market, so you can be selective without expecting deep discounts everywhere.
- Deal availability: 29.4% of listings are priced as good or great deals.
- Inventory: There are 486 listings available.
- Price trend: Prices have softened 8.45% compared with last year.
If you find a listing below $41,716 CAD, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2024 Toyota RAV4 Hybrid's resale value?
The current average of $42,233 CAD sits slightly below last year's $46,132 CAD.
That softer pricing can help you buy more confidently now, but it also means future sellers may face a more competitive market if prices continue to ease. The model’s practical layout, hybrid efficiency, and strong reputation for dependability should help support demand. Because it is still a popular compact SUV with broad appeal, resale value should remain relatively resilient compared with less established alternatives.
Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.
Should I buy a 2024 Toyota RAV4 Hybrid or consider a different year?
If you're weighing the 2024 against nearby model years, here's how to think about it:
Choose the 2024 if:
- 29.4% of listings are priced as good or great deals.
- Price trend: Prices have softened 8.45% compared with last year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2023 if:
- At $38,800 CAD, the 2023 costs less than the current year's $42,233 CAD average.
- It offers strong fuel efficiency and comfortable everyday usability.
The bottom line:
Choose the 2024 if you want the stronger current-market balance of pricing, inventory, and owner satisfaction. If your priority is spending less upfront, the 2023 is the better value path and still delivers the core strengths that make this hybrid SUV appealing.
These recommendations are based on CarGurus' proprietary market data from October 6, 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.