Should I Buy a New Toyota RAV4 or Used One?

Should I Buy a New Toyota RAV4 or Used One

The Toyota RAV4 has a long history of being one of the top-selling vehicles available. From its roomy interior to its smooth ride to its endless options, there’s no wonder that this SUV tops the sales charts year after year. Even used Toyota RAV4 options are in high demand, which makes it tough to decide the most practical way to bring one of these new Toyota RAV4 or used SUVs home.

Should you buy a new or used Toyota RAV4? Here’s what you need to know:

New Toyota RAV4. What’s New for 2022?

There are some obvious reasons to aim for a brand new RAV4. Being the first person to own this vehicle means you get to break it in and enjoy it for years to come. The newest version is part of the RAV4’s fifth generation, introduced in 2019.

The 2022 model only comes with some minor upgrades. Most models show off updated headlamps, LED fog lights, and a new Calvary Blue exterior color available for the first time. Drivers can also not upgrade to a nine-inch touchscreen infotainment center instead of the previously available eight-inch version.

A new base-level RAV4 starts at $28,190. The top TRD Off-Road trim starts at $38,130.

The Benefits of Buying Used

There are tons of reasons people shop for pre-owned vehicles. For starters, they can often save a decent amount of money on an older version of their favorite cars. They also don’t have to endure the rapid depreciation that comes with owning a new ride. There also tends to be more data, reviews, and information available for cars that have been out on the road for a while.

These benefits can certainly apply to a used Toyota RAV4, but there are some other things to consider. Older models may come with lower prices, but they’ll also lack some of the newest technologies. For example, a 2014 RAV4 has an average price of around $15,000. That’s nearly half the price of a brand new option. Of course, a 2014 RAV4 doesn’t come with any kind of smartphone integration, wireless chagrining, a Wi-Fi hotspot, heated/cooled seats, or a panoramic roof. In fact, you won’t see many of these features until the 2019 model, which has an average cost of around $26,545.

CPO: The Best of Both Worlds

For drivers who want more modern technology, lower mileage, and a budget-friendly price, a certified pre-owned option may be the best bet. Certified used Toyota RAV4 SUVs must be no more than six model years old, have fewer than 85,000 miles, and pass a thorough 160-point inspection to make it into the program.

On top of being in incredible shape, a certified used RAV4 comes with various warranties. For example, you get a 12-month/12,000-mile limited comprehensive warranty, a seven-year/100,000-mile limited powertrain warranty, and seven years/100,000-miles of 24/7 roadside assistance.

The Best RAV4 Is The One That You Have

One of the biggest factors that play into whether a new or used Toyota RAV4 is a better purchase is availability. The current market is one where vehicles aren’t as available as they were in the past. That means getting a new RAV4 might involve pre-ordering or joining a waitlist.

If you’re in the market for a RAV4 and you want one sooner than later, a used version might be your only option. With the demand for this popular SUV, there’s still no guarantee that the one you want will be available right away.

The good news is that this SUV has a solid reputation for reliability, longevity, and dependability. That means you can enjoy any year or model. It ultimately comes down to your preference, budget, and timeline.

This post may contain affiliate links. Meaning a commission is given should you decide to make a purchase through these links, at no cost to you. All products shown are researched and tested to give an accurate review for you.

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