2022 RAV4 Hybrid Prices

Rates and payment breakdown for leasing, finance or cash

The 2022 RAV4 Hybrid can be an excellent choice for those who want to make the most out of their purchase. With its large number options, this car will suit any driver’s needs and preferences!

The RAV4 Hybrid has a 2.5-litre engine with self-charging hybrid power that leads to lower gas costs, leaving you more money in your pocket! Check out our RAV4 Hybrid Trim Levels Guide for a thorough explanation of its trims, features, and design!

The Toyota Finance Department offers a range of options for financing and leasing your new vehicle. You can choose from an array of repayment plans that fit what you’re able to afford, as well as take advantage of their competitive rates without sacrificing quality!

Please note the following about the payment and pricing on this page before you continue:

  • This table includes a document fee of $598 plus tax, which is not included on Toyota’s website. Actual pricing may vary depending on the dealer’s fees and costs. For reference, BC-based taxes have been added.
  • Pricing information is collected from the Toyota Canada website for the time period displayed at the bottom of the table. Rates and pricing is for reference purposes and pricing or rates may change without notice.
  • Always check with Toyota Canada for the most up-to-date information in the event of a discrepancy.

Please see the guide below for leasing, finance or cash prices for this vehicle.

Cash & Financing Breakdown

The following is the full pricing list for each RAV4 Hybrid model as seen on toyota.ca, it does not include some dealer fees so keep that in mind!

RAV4 Hybrid PricingLEXLESEXSEXSE TechnologyLimited
MSRP Price$33,350$36,350$38,150$40,790$44,990$44,650
Estimated All-in Price*$40,391$43,751$45,767$48,724$53,428$53,047
Finance ratesLEXLESEXSEXSE TechnologyLimited
3 year term4.49%4.49%4.49%4.49%4.49%4.49%
4 year term4.79%4.79%4.79%4.79%4.79%4.79%
5 year term4.79%4.79%4.79%4.79%4.79%4.79%
6 year term4.99%4.99%4.99%4.99%4.99%4.99%
7 year term4.99%4.99%4.99%4.99%4.99%4.99%
*Based on rate from MAY 2022
3 year finance w/ $0 downLEXLESEXSEXSE TechnologyLimited
Monthly Payment$1,201$1,301$1,361$1,449$1,589$1,578
Bi-weekly Payment$554$600$628$669$733$728
Monthly Payment: Reduction per $1k down$29$29$29$29$29$29
Cost of borrowing (Annual)$948$1,028$1,076$1,147$1,259$1,254
4 year finance w/ $0 downLEXLESEXSEXSE TechnologyLimited
Monthly Payment$926$1,003$1,042$1,117$1,218$1,217
Bi-weekly Payment$427$463$481$516$562$562
Monthly Payment: Reduction per $1k down$23$23$23$23$23$23
Cost of borrowing (Annual)$1,014$1,098$1,062$1,223$1,259$1,342
5 year finance w/ $0 downLEXLESEXSEXSE TechnologyLimited
Monthly Payment$758$821$853$915$1,003$996
Bi-weekly Payment$350$379$394$422$463$460
Monthly Payment: Reduction per $1k down$18$18$18$18$18$18
Cost of borrowing (Annual)$1,018$1,102$1,083$1,235$1,350$1,343
6 year finance w/ $0 downLEXLESEXSEXSE TechnologyLimited
Monthly Payment$650$704$732$784$860$854
Bi-weekly Payment$300$325$338$362$397$394
Monthly Payment: Reduction per $1k down$16$16$16$16$16$16
Cost of borrowing (Annual)$1,068$1,156$1,156$1,287$1,415$1,407
7 year finance w/ $0 downLEXLESEXSEXSE TechnologyLimited
Monthly Payment$571$618$642$688$755$750
Bi-weekly Payment$264$285$296$318$348$346
Monthly Payment: Reduction per $1k down$14$14$14$14$14$14
Cost of borrowing (Annual)$1,082$1,166$1,166$1,295$1,427$1,422

How to calculate payment with downpayment included?

The ‘Payment reduction (per $1k downpayment)’ amount is included for this purpose. To give you an example, let’s say you are looking a 5-year lease and the payment is listed in the table like this:

Payment w/ $0 down – $677

Reduction per $1k down – $21.4

This shows you that the payment for 5 years is $677 per month. If you put down a $1,000 deposit, the cost will be reduced by $21.40, resulting in a monthly price of $655.60.

You can simply increase the amount if you want to add more. For example, $5k down payment amounts to $21.40×5, which equals $107. In this case, the monthly payment is $507 with a $5k downpayment on a 5-year lease.

Cost of Borrowing: What is this?

This is how much money you pay based on the stated interest rate. The amount is determined by adding up all of the monthly payments and then adding them to the lease end value with tax included, then subtracting this sum from the all-in full cash total. The monthly leasing cost is typically higher when you opt for a longer lease term or if the lease rate is high.

Leasing Payment Breakdown

The 2022 RAV4 Hybrid is on a mission to be the most responsible hybrid car for people who are looking at buying their first or next vehicle. The prices with lease terms, rate and cost of borrowing will help you decide if this vehicle suits your needs!

RAV4 Hybrid Lease ratesLEXLESEXSEXSE TechnologyLimited
2 year term6.09%6.09%6.09%6.09%6.09%6.09%
3 year term6.09%6.09%6.09%6.09%6.09%6.09%
4 year term6.09%6.09%6.09%6.09%6.09%6.09%
5 year term6.09%6.09%6.09%6.09%6.09%6.09%
*Based on rate from MAY 2022
Security Deposit (Max amount)$5,500$5,500$5,500$5,500$5,500$5,500
2 year lease w/ $0 downLEXLESEXSEXSE TechnologyLimited
Monthly Payment$734$804$837$903$1,002$995
Bi-weekly Payment$339$371$386$417$462$459
Monthly Payment: Reduction per $1k down$49$49$49$49$49$49
Cost of borrowing (Annual)$2,059$2,502$2,494$3,017$3,666$3,645
Lease end buyout value$24,012$26,302$27,382$29,541$32,779$32,550
3 year lease w/ $0 downLEXLESEXSEXSE TechnologyLimited
Monthly Payment$613$670$698$751$832$826
Bi-weekly Payment$283$309$322$347$384$381
Monthly Payment: Reduction per $1k down$34$34$34$34$34$34
Cost of borrowing (Annual)$1,985$2,302$2,336$2,686$3,159$3,135
Lease end buyout value$21,678$23,694$24,684$26,558$29,423$29,210
4 year lease w/ $0 downLEXLESEXSEXSE TechnologyLimited
Monthly Payment$556$607$633$681$752$747
Bi-weekly Payment$257$280$292$314$347$345
Monthly Payment: Reduction per $1k down$26$26$26$26$26$26
Cost of borrowing (Annual)$1,897$2,157$2,214$2,510$2,866$2,854
Lease end buyout value$19,010$20,754$21,643$23,284$25,711$25,540
5 year lease w/ $0 downLEXLESEXSEXSE TechnologyLimited
Monthly Payment$514$561$585$628$694$689
Bi-weekly Payment$237$259$270$290$320$318
Monthly Payment: Reduction per $1k down$22$22$22$22$22$22
Cost of borrowing (Annual)$1,825$2,059$2,118$2,355$2,686$2,666
Estimated Buyout Value$16,675$18,200$18,978$20,373$22,514$22,352
w/ Max. Security Deposit AddedLEXLESEXSEXSE TechnologyLimited
2 year - Monthly Payment$692$759$790$853$947$941
2 year - Bi-weekly Payment$319$350$365$394$437$434
Full Term Savings$1,008$1,080$1,128$1,200$1,320$1,296
3 year - Monthly Payment$571$625$651$701$777$772
3 year - Bi-weekly Payment$264$288$300$324$359$356
Full Term Savings$1,512$1,620$1,692$1,800$1,980$1,944
4 year - Monthly Payment$514$562$586$631$697$693
4 year - Bi-weekly Payment$237$259$270$291$322$320
Full Term Savings$2,016$2,160$2,256$2,400$2,640$2,592
5 year - Monthly Payment$472$516$538$578$639$635
5 year - Bi-weekly Payment$218$238$248$267$295$293
Full Term Savings$2,520$2,700$2,820$3,000$3,300$3,240
How to calculate payment with downpayment included?

The ‘Payment reduction (per $1k downpayment)’ amount is included for this purpose. To give you an example, let’s say you are looking a 5-year lease and the payment is listed in the table like this:

Payment w/ $0 down – $677

Reduction per $1k down – $21.4

This shows you that the payment for 5 years is $677 per month. If you put down a $1,000 deposit, the cost will be reduced by $21.40, resulting in a monthly price of $655.60.

You can simply increase the amount if you want to add more. For example, $5k down payment amounts to $21.40×5, which equals $107. In this case, the monthly payment is $507 with a $5k downpayment on a 5-year lease.

Lease end value: What is this?

You have the option to purchase out the vehicle at the end of your lease. To gain complete ownership of the car, you must pay the ‘lease end value’ to take ownership of it. Remember that this amount is taxable and that dealerships may charge additional fees to execute this procedure.

Security Deposit: What is this?

To lower the interest rate, you may add a Security Deposit when you lease a car. Doing so, the interest rate will be reduced by up to 1.5%. You can see the total accumulated amount of money you will end up SAVING when a security deposit is added with the lease.

The maximum amount stipulated in the table can be adjusted to be less, but providing a lesser amount will affect the rate reduction. The deposit is, in the end, simply a deposit, and the full amount of money is returned to you at the conclusion of your lease term.

Cost of Borrowing: What is this?

This is how much money you pay based on the stated interest rate. The amount is determined by adding up all of the monthly payments and then adding them to the lease end value with tax included, then subtracting this sum from the all-in full cash total. The monthly leasing cost is typically higher when you opt for a longer lease term or if the lease rate is high.

See our breakdown of the trims and features on this:

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