Toyota RAV4 hybrid drives US used‑car demand as fuel prices rise

Higher global oil prices linked to Middle‑East conflict have pushed US fuel costs up, prompting many car buyers to seek fuel‑efficient hybrid models. A recent US market list highlighted ten affordable hybrid cars and SUVs priced below $50,000, including the Toyota Corolla Hybrid at $24,975, Honda Civic Hybrid at $29,395, and Toyota Prius at $28,550, among other models from Hyundai, Kia and Toyota.

Separate reporting noted that the Toyota RAV4 hybrid has become the most sought‑after used vehicle in America. Used 2024 RAV4 Hybrid XSE examples with about 29,000 miles have sold for roughly $47,000—above the $38,735 MSRP—while new‑car inventory in dealerships has fallen to about five days of supply, far lower than the typical 15‑day stock. The surge reflects growing consumer interest in hybrids as a compromise between fully electric cars and traditional gasoline vehicles.