Do Toyota RAV4 hold their value?
The Toyota RAV4 is known for holding its value reasonably well over time. While it may not retain value as well as some market anomalies like the Toyota Tacoma, it still performs better than many other SUVs in terms of value retention.
According to Kelley Blue Book, a 2017 Toyota RAV4 with under 69,000 miles has a fair market value of $20,737, while the small SUV has an MSRP of about $26,700. This indicates that the RAV4 has depreciated by at least 23% in the last five years.
In general, a Toyota RAV4 will depreciate around 21% after 5 years and have a 5-year resale value of $27,757. It ranks among the top 20 vehicles in terms of value retention at years 3, 5, and 7. With its dependability, low operating costs, and overall value offered by most of the Toyota fleet, the RAV4 is considered an exceptional value whether purchased new or used.
It’s worth noting that the exact depreciation rate and resale value can vary depending on factors such as the specific model year, mileage, condition, and market conditions. However, the overall consensus is that the Toyota RAV4 holds its value well compared to many other SUVs.
So, if you’re considering buying a used Toyota RAV4, it can be a good way to save money on a vehicle purchase. The RAV4 is reliable, making it a popular choice among buyers, and its value retention over time adds to its appeal.
Overall, the Toyota RAV4 is known for its value retention, reliability, and low operating costs, making it a solid choice whether you buy it new or used.
Contents
- Which Toyota SUV has the best resale value?
- What car holds its value the longest?
- Is a used RAV4 worth it?
- Which Toyota has highest resale value?
- Are Toyota RAV4 expensive to repair?
- How long does a Toyota RAV4 last?
- What are the disadvantages of RAV4?
- Is Toyota RAV4 a good buy?
- What car never loses value?
- Which brand of cars hold their value the best?
Which Toyota SUV has the best resale value?
The 2022 Toyota 4Runner continued the trend with a resale value of 58.6%. This earned it the highest resale value of any SUV and the sixth spot overall. In those same Best Resale Value Awards, the Toyota Tundra placed fifth overall. It also earned a spot in the top 10 for resale value at 60 months.
What car holds its value the longest?
Here are cars that hold their value better than any other in America:
- Porsche 911 (coupe) Five-year change in value: -9.3% (-$18,094)
- Porsche 718 Cayman. Five-year change in value: -17.6% (-$13,372)
- Toyota Tacoma.
- Jeep Wrangler/Wrangler Unlimited.
- Honda Civic (sedan/hatchback)
- Subaru BRZ.
- Chevrolet Camaro.
- Toyota C-HR.
Is a used RAV4 worth it?
Not all Toyota used cars are created equal, and if you’re in the market for a Toyota SUV, you might be tempted to choose a used Highlander or 4Runner over an RAV4. However, if you’re trying to save on fuel costs and still want a spacious and reliable car, the RAV4 is your best bet.
Which Toyota has highest resale value?
The Toyota GR86 has the best resale value among Toyota models, which retains 82% of its value after the first 5 years. Following the GR86 is the Toyota Tacoma with 79.3% resale value. The Toyota Yaris Hatchback ranks #3 with a resale value of 79.2%.
Are Toyota RAV4 expensive to repair?
Toyota maintenance costs are of course tied to the age of the car. For example, if you bought a 2021 Toyota RAV4 today, you’d pay about $5,191 in maintenance for the first five years.
How long does a Toyota RAV4 last?
200,000 to 250,000 miles
With a life expectancy of 200,000 to 250,000 miles, your trusty Toyota car, truck, or SUV will serve you well for many years. Toyota reliability has been well documented by automotive experts and Burlington-area drivers alike.
What are the disadvantages of RAV4?
The RAV4’s issues include excessive oil consumption, steering wheel problems, lagging transmissions, fuel system problems, and electrical complications, among other troubles.
Is Toyota RAV4 a good buy?
The RAV4 is responsive in corners, and it remains under control even when pushed. The ride, however, is somewhat stiff, and the noisy engine hurts the driving experience. Most controls, such as the large climate knobs, are easy to use. BSW and RCTW are standard on all except the base trim.
What car never loses value?
Porsche models are well known for their impressive residual values, and the 911 is always one of the best performing year after year. Its ability to be used every day and capability as an all-rounder, as well as its sports car abilities when needed, ensure that it is as popular today as it has always been.
Which brand of cars hold their value the best?
Top 10 Best Resale Value Vehicles
- Toyota Tundra. The vehicle with the highest predicted resale value is a full-size pickup truck!
- GMC Sierra.
- Toyota Tacoma.
- Ford Maverick.
- Chevrolet Corvette.
- Toyota 4Runner.
- Tesla Model X.
- Ford F-Series.