Which is the Most Cost-efficient Toyota SUV?

Sports Utility Vehicles (SUVs) continue to grow in popularity. In 2021, over 52% of all vehicle purchases were SUVs. In the first month of 2022, over 72% of the vehicles sold in the United States were SUVs. SUVs reign supreme in the US because of their practicality and versatility. It’s a common sight to encounter numerous SUVs on the highways, city streets, and rural roads on any given morning.

Toyota is known for producing some of the most popular SUVs on the market. If you’re wondering which model is the most cost-efficient, we’ve compared the Toyota SUV offerings in this category below.

Criteria for Cost-Efficiency

Cost efficiency depends on several factors, including initial cost, maintenance and repair costs, fuel efficiency, and resale value. Identifying the most cost-efficient model requires thorough research.

Toyota SUV Lineup

You will find a variety of SUV models at a Toyota dealership, and they are all quality products with superior fuel efficiency. The Toyota SUV lineup includes the following:

Corolla Cross – $23,860 base cost with 31/33 fuel efficiency

Corolla Cross Hybrid – $28,220 base cost with 45/38 fuel efficiency

Grand Highlander Hybrid – $45,020 base cost with 37/34 fuel efficiency

Highlander Hybrid – $40,970 base cost and 35/36 fuel efficiency

RAV4 – $28,675 base cost and 25/35 fuel efficiency

RAV4 Hybrid – $31,3725 base cost and 41/38 fuel efficiency

RAV4 Prime – $43,690 base cost and 38/94 fuel efficiency

Venza – $35,070 base cost and 40/37 fuel efficiency

Resale Value

Toyota models traditionally have a high resale value, but the SUVs with the highest scores in this area are the Highlander, RAV4 Prime, and RAV4.

Toyota models have a fantastic 3-year warranty and low maintenance and repair costs. Research indicates that Toyota models have an average maintenance and repair cost of $5,996 over the first ten years, which is $818 less than other popular brands. They also have a low likelihood of requiring major repairs during that period, at 13.51%, which is 6.99% lower than other similar brands.

Repairs for hybrids cost about the same as for regular models, but a replacement battery can cost around $2,000. Still, the battery should last between 8 and 10 years.

Cost-Efficiency Winner

If you’re prioritizing cost efficiency when choosing an SUV, the RAV4 is a top choice among Toyota models. It offers excellent fuel efficiency and strong resale value. The RAV4 Hybrid is especially attractive, with higher mpg than the standard RAV4, along with impressive resale value and low maintenance costs.

Visit Our Dealership

When it comes to Toyota SUVs, you really can’t make a wrong choice. They are low-cost to maintain and repair, offer great fuel efficiency, and hold their value well. The key is to select the model that best suits your seating needs and preferences.

Stop by Peter Boulware Toyota in Tallahassee, FL, to discover their top-notch Toyota vehicles, including an extensive range of Toyota SUVs. Toyota has been a long-standing leader in providing quality and affordability. Investing in a Toyota SUV will surely give you confidence.