The Toyota RAV4 Prime is the first-ever RAV4 plug-in hybrid SUV. The gas-powered RAV4 is America’s favorite SUV. The RAV4 Prime makes a strong case for the best plug-in hybrid SUV on the market. Here’s a leasing offer breakdown on the RAV4 Prime SE trim.
How much does it cost to lease a 2022 Toyota RAV4 Prime SE?
According to the Toyota website, the Japanese automaker’s current lease offer is $349 a month for 36 months with a down payment of $3,999. That adds up to $16,563 to lease the RAV4 Prime for three years before additional taxes and fees. The leasing deal expires on July 5th, 2022.
The 2022 Toyota RAV4 Prime SE is a plug-in hybrid SUV that combines the practicality and dependability of the existing RAV4 nameplate with the fuel efficiency of a PHEV. The RAV4 Prime is also quicker, more technologically advanced, and more refined than the base model gas-powered RAV4. It’s a huge milestone for Toyota because it marks a new era in the company’s development of eco-friendly vehicles.
The Toyota Prius took a lot of the heat and criticism of early hybrid models. Today, most Toyota nameplates are also available with hybrid powertrains and the rest of the industry is catching up. Hybrid powertrains offer better fuel economy and can also mean a boost in power for some vehicles.
Toyota’s current lease offer is fair because of the RAV4 Prime’s unique capabilities. This plug-in hybrid SUV is in a league of its own because of how incredibly quick it is.
Is the 2022 RAV4 Prime eligible for a tax credit?
According to Fueleconomy.Gov, the 2022 RAV4 Prime is currently eligible for a $7,500 federal electric vehicle tax credit for consumers who wish to purchase the PHEV. This tax credit brings the RAV4 Prime SE’s price down from $40,300 to $32,800. The RAV4 Prime XSE’s price goes from $43,625 to $36,125 after the incentive.
The federal EV tax incentive makes the RAV4 Prime much more affordable for buyers. This incentive won’t last forever. It will be gradually phased out as Toyota sells more plug-in hybrids and electric vehicles.
How far can a RAV4 Prime go on a tank of gas?
The 2022 Toyota RAV4 Prime has a total driving range of about 600 miles, thanks to its stellar fuel economy and electric-only driving range. The RAV4 Prime achieves 40 miles per gallon in the city and 36 miles per gallon on the highway. It can travel for 42 miles on just electricity.
The RAV4 Prime’s 302 combined horsepower makes it even more appealing. It can go from 0-60 miles per hour in just 5.7 seconds.
Read more about the Toyota RAV4 Prime in the next article below.