Toyota Announces $599 a Month Lease for the 2012 Toyota RAV4 EV

The electric 2012 Toyota RAV4 EV officially goes on sale on September 24th starting at $49,800.

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The electric 2012 Toyota RAV4 EV officially goes on sale on September 24th starting at $49,800. If that price seems a bit steep Toyota has just announced that the RAV4 EV will launch with special financing and lease rates.
RAV4 EV customers can finance the RAV4 EV for as with a 1.9 percent APR or choose a 36 month lease option at $599 per month with $3,499 drive off. The RAV4 EV is expected to qualify for a $2,500 rebate through the Clean Vehicle Rebate Program in California and also is eligible for a $7,500 Federal Tax Credit. It will also qualify for the California High Occupancy Vehicle (HOV) lane white sticker program.


The Toyota RAV4 EV is powered by a Tesla electric powertrain with 154 horsepower. It has a range of 103 miles and is rated at 78 city MPGe, 74 highway MPGe and 76 combined MPGe. Drivers can choose between two driving modes, Sport and Normal. In Sport mode, the RAV4 EV reaches 0-60 mph in 7.0 seconds and has a maximum speed of 100 mph. Normal mode is slower with a 0-60 mph time of 8.6 seconds with a top speed of 85 mph.

Toyota plans on producing approximately 2,600 units through 2014.