Toyota RAV4 Lease
The average cost of leasing a Toyota RAV4 ranges from about $300 to $500 a month.
Written by Olivia Rose
Reviewed by Jessica Barrett
A Toyota RAV4 lease costs between $300 and $500 a month. Your monthly payments will depend on the price you negotiate, along with your down payment, interest rate, and credit score.
The Toyota RAV4 is a mainstay in the crossover/SUV space, proving itself time and time again with its rugged aesthetic and family-friendly practicality. Take this car on your next camping trip or to your son’s ballet practice—it can do it all!
If you want to experience a newer RAV4 without the commitment of a
car loan
, leasing might be a good option for you. On average, leasing monthly payments will be lower than car loan payments, so you’ll get to enjoy a RAV4 at a lower monthly cost. RECOMMENDED
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Want to learn more about leasing a Toyota RAV4? We have the answers here at
Jerry
, the top-rated car insurance
app in the country! We’ll tell you how to lease a RAV4 and what to do at the end of your lease term—and we’ll also give you tips on how to save more on your Toyota RAV4 insurance cost
.How to lease a Toyota RAV4
Follow this checklist to seamlessly lease a Toyota RAV4.
- Check your credit score. A credit score that’s less than 630 will typically mean you’ll have to make higher monthly payments—and if it’s less than 520, you have a lower likelihood of being approved for a lease. If it’s over 650, though, you’re likely to get the lowest monthly payment and interest rates.
- Determine your budget. Figure out how much money you can put toward leasing a car per month. Experts advise a cost of no more than 10-15% of your total monthly income. But, the lower you can get your monthly cost, the better!
- Figure out your down payment. The more you can pay up front in a down payment, the lower your monthly cost to lease a car will be. This step will also help you determine if you need to save up to accumulate money for a down payment.
- Estimate your annual mileage. A Toyota RAV4 typically has an annual mileage allowance of 12,000 miles. If your yearly driving will exceed this amount—for instance, if you have a regular long commute or plan to take any big road trips—this might not be the lease for you.
Once you’ve figured out what you can afford, you can head to your nearest Toyota dealership to
compare lease offers
. When you know your budget, you can know which RAV4 you can afford—and you’ll be in a better position to negotiate a good deal on your lease. The final step: shop for insurance
Don’t forget that you’ll need to get insurance for your Toyota RAV4.
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How much does it cost to lease a Toyota RAV4?
The average cost to lease a Toyota RAV4 ranges from about $300 to $500 a month.
But the cost to lease a RAV4 varies, and it all depends on your credit score, down payment, lease term, and trim level. You might also see a variation in the cost to lease a RAV4 based on when and where you lease your car.
Let’s look at how vehicle trim level options and packages impact the cost to lease a Toyota RAV4. For the 2022 RAV4, you’ll get to choose between the Base, Hybrid, and Prime trims. To keep things simple, these projections assume a 36-month lease with 10,500 annual miles.
Trim level | Monthly payment | Amount due at signing |
|---|---|---|
Base | $341 | $991 |
Hybrid | $457 | $1,107 |
Prime | $511 | $1,161 |
Another factor that will significantly impact the cost of leasing a Toyota RAV4 is your credit score. Let’s take a look at what your monthly payment and amount due at signing for leasing the Toyota RAV4 will look like based on your credit score.
Credit score | Monthly payment | Amount due at signing |
|---|---|---|
520 to 579 | $706 | $3,356 |
580 to 609 | $632 | $3,282 |
610 to 629 | $595 | $3,245 |
620 to 649 | $545 | $3,195 |
650 to 669 | $505 | $3,155 |
670 to 689 | $450 | $3,050 |
690 to 719 | $422 | $2,572 |
720+ | $416 | $2,566 |
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Services included in a Toyota RAV4 lease
When you lease a Toyota RAV4, you will get to enjoy
ToyotaCare
. ToyotaCare will cover routine maintenance on your RAV4 for 25,000 miles or two years, whichever comes first. You will also get 24/7 roadside assistance for two years, regardless of miles driven. Here are some of the services included in ToyotaCare—but note that this only covers routine maintenance and not repairs after accidents:
- Tire rotations
- Fluid level inspection
- Engine oil and filter changes
- Multi-point inspection
- Toyota Genius Parts
You might decide to choose a 24-month lease so that ToyotaCare will cover maintenance for the entirety of your lease. But, if you select a longer lease, you will be responsible for maintenance after two years or 25,000 miles. And after 30,000 miles, Toyota recommends a lot of routine maintenance.
What to do when your Toyota RAV4 lease is up
At the end of your Toyota RAV4 lease, you will get to choose one of these basic options:
- Complete Toyota’s return checklistand return your RAV4
- Return your RAV4 and lease a new Toyota
- Ask for a payoff quote to purchase the car you have been driving
How to return a leased Toyota RAV4
Once you are ready to return your RAV4—whether you want to lease a new car or don’t need the car anymore—you can return it. Toyota’s
return checklist
will walk you through everything you need to do in preparation for your return. Examine wear and tear before scheduling a return appointment. While moderate wear and tear is excusable, any dings, scratches, or dents larger than a credit card will generally subject you to extra charges. You may save money by getting these repaired before your inspection.
Next, you’ll need to schedule an inspection for your RAV4. Your inspection should be completed 15 to 60 days before your return date. Call AutoVin at (855)40-MY-TFS to schedule an inspection appointment.
Once your RAV4 passes inspection, you’re good to go to schedule your return appointment. For your return appointment, be sure to bring the following (if applicable):
- Spare tire/repair kit
- All sets of keys
- Owner’s manuals
- All original equipment on vehicle at lease inception
At your return appointment, you will need to sign an
Odometer Disclosure Statement
. You might need to pay a $350 Disposition Fee, too (with the possibility of having it waived later).How to purchase a leased Toyota RAV4
If you fell in love with your RAV4 during your lease, you might be able to buy it! Request a payoff quote by contacting Toyota Financial Services—or call 1-800-286-0652.
How to find the best car insurance for a Toyota RAV4 lease
With the Jerry app, you can shop for
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hassle-free. Just input your information, and Jerry will generate quotes from 50+ providers.Your quotes will always be customized to you and your car—and we’ll even walk you through different levels of coverage so that you can pick what fits best.
On average, Jerry users save $887 a year on car insurance—so you’ll have more in the bank to put towards that new RAV4.
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