Used 2024 Toyota RAV4 Hybrid for Sale nearWaterloo, ON

How much does the 2024 Toyota RAV4 Hybrid cost?

Prices have softened 7.74% compared to this time last year, making it a favourable time to shop this model year.

There are 459 listings available, which gives you a solid amount of inventory to compare before you buy.

Is the 2024 Toyota RAV4 Hybrid a good car?

Yes — the 5/5 user rating points to strong owner satisfaction, and the 2024 Toyota RAV4 Hybrid backs that up with a practical, well-built, easy-to-live-with package. It blends Toyota SUV know-how with hybrid efficiency, standard all-wheel drive, and a useful equipment list that includes a larger touchscreen plus Android Auto and Apple CarPlay compatibility. If you want a compact SUV that prioritises everyday usability, lower running costs, and a reputation for dependability, this model fits that brief well. The market also shows 28.8% of listings as good or great deals, which gives you 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 overview points to a model that is generally regarded as reliable, with a reputation for being well built and easy to live with. For used buyers, that usually means lower ownership stress over time, especially if you choose a well-maintained example.

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

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

• Deal availability: 28.8% of listings are priced as good or great deals, so there are worthwhile options if you compare carefully.
• Inventory: There are 459 listings available.
• Price trend: Prices have softened 7.74% compared with last year.

If you find a listing below $41,714 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 $41,906 CAD sits slightly below last year's $45,420 CAD.

That softer pricing can help you buy at a more favourable point in the cycle, but it also means future resale will depend on how much of that discount remains in the market. Because the model is described as reliable, practical, and easy to live with, it should continue to attract steady shopper interest. If demand stays healthy and supply remains balanced, that should support resale value better than a less proven compact SUV.

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:

• 28.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 7.74% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2023 if:

• At $38,951 CAD, the 2023 costs less than the current year's $41,906 CAD average.
• It offers strong fuel efficiency and comfort in a practical compact SUV.

The bottom line: Choose the 2024 if you want the stronger current-market balance of inventory, pricing, and owner satisfaction. If your priority is spending less upfront, the 2023 is the better value path and still gives you the core RAV4 Hybrid strengths.

How does the 2024 Toyota RAV4 Hybrid compare to the 2024 Honda CR-V Hybrid?

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.