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Toyota - Rav-4 (1998)
Discover the Toyota Rav‑4—a compact SUV that has proven its durability and versatility since the late 1990s. Curiosity is common among car enthusiasts wondering what a 1998 Toyota Rav‑4 worth might be, or how a used Toyota Rav‑4 price compares across the market. By examining key specifications, depreciation trends, and market position, you’ll gain a clearer picture of this beloved model’s true value.
- Model Year: 1998 (original launch) – a staple in the SUV segment that continues to attract buyers.
- Engine: 2.2‑L 4‑Cylinder 2AZ‑E (approx. 140 hp/145 lb‑ft).
- Transmission: 5‑speed automatic (optional 5‑speed manual on some trims).
- Fuel Type: Regular gasoline; efficient blend of power and economy.
- Drive Layout: Front‑wheel drive (optional all‑wheel drive on higher trims).
- Dimensions: Length 169.8 in. • Height 64.7 in. • Width 69.3 in.
- Wheelbase: 101.5 in.; 5‑passenger seating.
- Payload: About 1,000 lb. (varies mildly by trim and load).
- Notable Features: 5‑inch LCD screen, Dual‑Zone Climate Control, Sat‑Nav (optional), and a dedicated cargo area with split‑folding seats.
- Typical Mileage: 30–40 mpg city, 35–45 mpg highway, depending on drive conditions.
What is a 1998 Toyota Rav‑4 worth? The question is as broad as it is specific. While there is no single formula for valuation, several indicators help gauge a fair market price. For a well‑maintained 1998 Rav‑4 in good mechanical and cosmetic condition, the price usually falls between the lower and upper thresholds of the used Toyota Rav‑4 price range for similar models. The precise figure depends on factors like mileage, service history, trim level, and regional demand. Be sure to review local listings, as the final price varies by market and condition.
Depreciation Insight
Depreciation plays a major role in determining the used Toyota Rav‑4 price at any given time. Understanding how the Toyota Rav‑4 depreciation curve typically looks helps you anticipate how the vehicle’s value changes over the years:
- Generally, new SUVs lose roughly 15‑20 % of their value in the first year.
- By the second and third year, the loss tends to adjust to about 10‑15 % per year.
- Beyond the first five years, a well‑maintained model usually depreciates at a steadier rate of around 5‑8 % annually.
For example, a 1998 Toyota Rav‑4 that initially sold for a new‑car price of approximately US$17,000 in 1998 would be expected to see its equity decay in line with that pattern—though actual values may differ based on market dynamics and maintenance records. This decay trend informs the current Toyota Rav‑4 price range and gives buyers a realistic preview of what a used Toyota Rav‑4 price might be when the vehicle has aged eight or more years.
Comparative Context
If you are comparing used Toyota Rav‑4 price with other compact SUVs, here are a few relevant benchmarks:
- Honda CR‑V (1990’s era): similar payload and engine capacity but generally 5‑10 % less depreciation per year.
- Subaru Forester: known for All‑Wheel Drive; its depreciation is slightly higher for models with significant mileage.
- Ford Escape (early 2000’s): a newer generation, slightly above a comparable Rav‑4 in price, but with similar feature set.
These comparisons highlight why the Toyota Rav‑4 price remains competitive: a favourable cost‑to‑value ratio that balances utility and long‑term reliability.
Market Position
The Toyota Rav‑4 has always been a strong
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 4 years ago | used | £5,490.00 | Unlock all links |