Toyota RAV4 Plug-in Hybrid SE (PHEV) cost to own in Canada — the true 5-year total
The Toyota RAV4 Plug-in Hybrid SE (PHEV) starts at $51,715. Over 5 years, owning one (plug-in hybrid) costs about $62,024 in Canada as of July 2, 2026 — $1,034/month, $0.83/km — including depreciation, fuel, maintenance, insurance, financing and registration. That's $9,037 more than a comparable Honda CR-V Hybrid over the same 5 years.
Toyota RAV4 Plug-in Hybrid SE (PHEV) incentives & grants
Canada EVAP: up to $5,000 off an eligible new EV ($2,500 PHEV); Quebec / BC may add more. Shown for reference; not in the totals above. Source: Transport Canada.
Toyota RAV4 Plug-in Hybrid SE (PHEV) · Canada · 5-year estimate$62,024 total · $1,034/mo · $0.83/km
Where the money goes
| Cost component | Plug-in hybrid · Toyota RAV4 Plug-in Hybrid | Hybrid · Honda CR-V Hybrid |
|---|---|---|
| Depreciation (estimated) | $29,478 (48%) | $20,647 (39%) |
| Charging / fuel | $4,882 (8%) | $8,064 (15%) |
| ↳ of which charging loss | — | — |
| Maintenance | $5,002 (8%) | $4,500 (8%) |
| Insurance | $13,000 (21%) | $11,750 (22%) |
| Financing interest | $9,162 (15%) | $7,526 (14%) |
| Registration & fees | $500 (1%) | $500 (1%) |
| Total cost of ownership | $62,024 | $52,987 |
Toyota RAV4 Plug-in Hybrid SE (PHEV) specs & assumptions
- Starting price
- $51,715manufacturer
- Powertrain
- Plug-in hybrid
- Efficiency
- 5.7 L/100km (blended)NRCan
- Range
- 80 kmNRCan
- Canada electricity
- 16.50c/kWhprovincial utilities
- Annual km (assumed)
- 15,000Canada average
Compare the Toyota RAV4 Plug-in Hybrid SE (PHEV) against any car, your km & your scenario
What the numbers say
The Toyota RAV4 Plug-in Hybrid SE (PHEV) costs about $62,024 to own over 5 years in Canada — $1,034/month, $0.83/km at 15,000 km/yr — and depreciation is the biggest line: $29,478, 48% of the total (as of July 2, 2026).
- The Honda CR-V Hybrid wins decisively here — $9,037 cheaper over 5 years; at typical assumptions this isn't a close call.
- Where the Toyota RAV4 Plug-in Hybrid SE (PHEV)'s $62,024 actually goes: depreciation $29,478 (48%), insurance $13,000 (21%), financing interest $9,162 (15%), maintenance $5,002 (8%), gas $4,882 (8%), registration & fees $500 (1%).
- Per km, that is $0.39 of depreciation and $0.07 of gas, with $0.37 for everything else — $0.83/km all-in.
- Gas vs the fleet: the Toyota RAV4 Plug-in Hybrid SE (PHEV)'s 5-year gas bill ($4,882) runs $6,332 below the $11,214 median of the 30 gas and hybrid models we price at the same rates.
What we assume for maintenance
Assumed $1,000/yr for a plug-in hybrid at 15,000 km/yr — about $5,002 of the 5-year total above. On this market's assumptions an EV runs about $525/yr less in maintenance than a gas car ($650 vs $1,175). See the methodology for sources; adjustable in the calculator.