Chevrolet Equinox EV LT vs Toyota RAV4 Hybrid LE: 5-year cost to own in Oregon
As of July 1, 2026, over 5 years in Oregon, the Toyota RAV4 Hybrid LE stays the cheaper car to own — about $39,665 vs $49,371 for the Chevrolet Equinox EV LT, a $9,706 difference over 5 years. Oregon's electricity (15.8¢/kWh, 16% below the U.S. average) and $4.71/gal gas are fed straight into both totals. The expired federal $7,500 EV credit is not applied to either total.
Cheaper to own over 5 years · OregonToyota RAV4 Hybrid LE · $39,665 total · $9,706 less than the Chevrolet Equinox EV LT
Chevrolet Equinox EV LT vs Toyota RAV4 Hybrid LE — where the money goes
| Cost component | Electric · Chevrolet Equinox EV LT | Hybrid · Toyota RAV4 Hybrid LE |
|---|---|---|
| Depreciation (estimated) | $20,997 (43%) | $11,165 (28%) |
| Charging / fuel | $4,056 (8%) | $6,569 (17%) |
| ↳ of which charging loss | 12% (~$487) | — |
| Maintenance | $3,660 (7%) | $4,680 (12%) |
| Insurance | $13,750 (28%) | $11,500 (29%) |
| Financing interest | $6,017 (12%) | $5,435 (14%) |
| Registration & fees | $890 (2%) | $315 (1%) |
| Total cost of ownership | $49,371 | $39,665 |
The charging-loss row is the ~10–15% of electricity lost to AC charging that you pay for but never reaches the battery — we include it; most calculators don't.
When does the Chevrolet Equinox EV LT win?
Even at 30,000+ mi/yr or a 15-year hold, the Toyota RAV4 Hybrid LE stays cheaper here — its lower price and slower depreciation dominate. The Chevrolet Equinox EV LT is the pick mainly for reasons beyond 5-year cost (performance, emissions, HOV access, home-charging convenience).
Chevrolet Equinox EV LT vs Toyota RAV4 Hybrid LE, side by side
Chevrolet Equinox EV LT
- 5-yr total cost
- $49,371
- Cost / month
- $823
- Cost / mile
- $0.82
- MSRP
- $34,995
- Powertrain
- Electric
- Efficiency
- 29 kWh/100mi
Toyota RAV4 Hybrid LE
- 5-yr total cost
- $39,665
- Cost / month
- $661
- Cost / mile
- $0.66
- MSRP
- $31,900
- Powertrain
- Hybrid
- Efficiency
- 43 mpg
- Oregon electricity
- 15.8¢/kWh EIA
- Gas price (Oregon)
- $4.71/gal AAA
Full cost breakdowns
← Chevrolet Equinox EV LT vs Toyota RAV4 Hybrid LE (U.S. average)