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2024 Toyota RAV4: 5-Year Total Cost of Ownership

Quick Answer

The 2024 Toyota RAV4 costs $38,955 to own over 5 years, or $649/month. The biggest expenses are depreciation ($12,871) and insurance ($10,700).

✓ Updated March 2026✓ Based on state insurance filings

5-Year Total Cost of Ownership

$38,955

$649/month • $1/mile

Cost Breakdown

Depreciation$12,871 (33%)
Insurance$10,700 (27%)
Fuel/Energy$7,700 (20%)
Maintenance$2,145 (6%)
Financing$5,180 (13%)
Registration$360 (1%)

Year-by-Year Costs

YearDepreciationInsuranceFuelMaintenanceTotal
Year 1$4,597$2,140$1,540$429$8,706
Year 2$2,069$2,140$1,540$429$6,178
Year 3$2,069$2,140$1,540$429$6,178
Year 4$2,069$2,140$1,540$429$6,178
Year 5$2,069$2,140$1,540$429$6,178

Key Facts

1-Year Depreciation

15% ($4,597)

5-Year Depreciation

42% ($12,871)

Annual Repair Cost

$666

Annual Maintenance

$429

These are estimates based on state averages. Your exact rate depends on your specific profile.

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