Toyota’s RAV4 plug-in hybrid will be available this summer for $40,000

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The RAV4 Prime will come in two versions: SE and XSE. While the basic SE grade will set you back $38,100, the more premium XSE grade will cost you $41,425, excluding the delivery fee. The latter has a two-tone exterior paint scheme, including a Supersonic Red version, 19-inch two-tone alloy wheels, a moonroof and a Qi-wireless phone charger. It will also be equipped with a 9-inch touchscreen display with Toyota’s Audio Plus system, whereas the SE grade will have a 8-inch touchscreen entertainment console. As Autoblog notes, the vehicle might not cost you that much overall, since its price could still be offset by up to $7,500 in federal tax credit, as well as potential state incentives.

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