Used 2024 Toyota RAV4 Hybrid for Sale nearScarborough, ON

How much does the 2024 Toyota RAV4 Hybrid cost?

Prices have softened 7.95% compared to this time last year, making it a favourable time to shop this model year.

There are 453 listings available, which gives you a reasonable amount of inventory to compare.

Is the 2024 Toyota RAV4 Hybrid a good car?

Yes — 5/5 is a strong user rating for the 2024 Toyota RAV4 Hybrid, and it fits a compact SUV that is practical, well-built, and easy to live with. It blends Toyota’s SUV know-how with hybrid efficiency, standard all-wheel drive, a larger touchscreen, Android Auto and Apple CarPlay compatibility, and Toyota Safety Sense from the start. For you, that means a sensible everyday SUV with lower running costs and broad appeal for commuting, family use, and general utility.

With 28.7% of listings marked as good or great deals, you have a decent chance of finding a competitively priced example.

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 its straightforward hybrid setup and well-established design support that reputation. It is also presented as a vehicle that holds its value well, which usually reflects steady buyer confidence over time.

For used buyers, the main long-term ownership risk is less about the core mechanical package and more about finding one that has been maintained properly.

Is now a good time to buy a used 2024 Toyota RAV4 Hybrid?

This looks like a moderate, selective buyer’s market, so you can shop carefully without feeling rushed.

• Deal availability: 28.7% of listings are priced as good or great deals.
• Inventory: There are 453 listings available.
• Price trend: Prices have softened 7.95% 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 $42,016 CAD sits slightly below last year's $45,646 CAD.

That softer pricing can help you buy in at a more favourable point, but it also means future sellers may face a more competitive market if prices stay under pressure. Even so, the model’s practical layout, hybrid efficiency, and strong reputation should help keep demand steady. If you maintain it well and keep mileage reasonable, you should have a solid chance of attracting buyers later.

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:

• 28.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 7.95% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2023 if:

• At $38,824 CAD, the 2023 costs less than the current year's $42,016 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 price, inventory, and buyer confidence. If your priority is spending less upfront, the 2023 is the better value path and still gives you the core RAV4 Hybrid strengths.

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.