RAV4 Prime Review // Best new plug-in hybrid but hard to get.
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- เผยแพร่เมื่อ 7 พ.ย. 2024
- #ToyotaRAV4Prime
#RAV4Prime
#Toyota
The all-new Toyota RAV4 Prime is a plug-in compact utility with 302hp and will make a run to 100km/h in just 6 seconds. The Toyota RAV4 Prime plug-in hybrid can run on pure electric mode for 68km, then reverts to the already efficient Toyota RAV4 hybrid system. The total range on gas and electric is 979km or 2.5Le/100km. The RAV4 Prime an also tow 2500 lbs. The starting price in the Canadian market for the RAV4 Prime is $44,990, which means it qualifies for the full $5000 electric rebate, plus an additional $8500 in Quebec and $1500 in BC. The Province of Quebec will get the RAV4 Prime on 2020, followed by BC, then the rest of Canada. 85% will be delivered in the calendar year 2021. This Toyota RAV4 Prime is a stepping stone for Toyota with a goal of a hybrid, plug-in hybrid, EV or fuel cell in every product range by 2025, only 4 model years away. This will help Toyota achieve 40% electrified sales by 2025. The RAV4 Prime comes standard with heated front and rear sets, heated steering wheel, also available ventilated front seats. The base infotainment system on the Toyota RAV4 Prime is 8-inches but 9-inches on all other trims. For the first time a panoramic moonroof is available in Canada on the top RAV4 Prime. The interior volume of the RAV4 Prime is the same as the hybrid, thanks to the battery running along the floor. The RAV4 Prime compact utility can charge in 2.5 hours on a 240V outlet or 12 hours on 120V.
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Saw you filming your latest review today and it reminded me of this review. We ordered our RAV after seeing it and tomorrow we get to pick it up (finally)! Thanks!
That is awesome!
The hype for this car is fantastic for all the right reasons. RAV4 looks great. Hybrid. Toyota Reliability.
It is super practical for many buyers, only downside is brutal price. Hybrid model better value at $10,000 less after $5000 government rebate for comparable model. You'll never make that money back in fuel savings, let alone increased battery replacement cost on Proms model.
I just hope that the $13,000 rebate program in Quebec is standard anywhere in Canada.
I was hyped, but they are really struggling to bring it to market. It looks like it will be almost impossible to actually acquire one. I have been leasing cars from Toyota for nearly 2 decades, however I think my current car which is the Prius Prime PHEV will be my last one. I got the taste of this plug in capability and I want way more than Toyota can offer.
@@James-il3tq doesn't toyota have a 10 year battery warranty for the prime?
Andrea, you've become such a natural doing this gig! Getting more impressed every time
Awe thank you so much, you are very kind. :)
Eric Buzaglo yep...zack will no longer be needed
This is possibly your best review ever! I live in the province of Quebec, and effectively the top plug in model comes out 4,000 dollars cheaper than the regular limited hybrid at about $46,000, after the $13,000 rebate. Effectively people started ordering in 2019 (like the Subaru Crosstrek plug in). Many have leased the Prius prime plug in, in the meantime while waiting. In other good news, you can enjoy your poutine with Montreal smoked meat , while your car charges in a large and expanding charge station network all over the province. Great review-:)
I just got my SE yesterday!
There are many car reviewers out there. But your reviews are some of the most enjoyable to watch. Zac, you seem like a class act and you have a great chemistry on the screen with your wife.
Thanks for the kind words, means a lot.
Thank you so much, glad you like them! :)
Great review guys. it appears that having Andrea co-hosting makes the reviews not only fun to watch, but helps by adding a second viewpoint. You two are definitely a good team...
Thank you very much! :)
Women and Cars are like wine and cheese. Both go together :)
@@TheGecko213 Awesome, I love that!
Thanks for the video. I own a 2020 Honda Clarity Touring and absolutely love it. Best car I have ever owned (my other car is a $100k Audi Q7 Technik, air suspension, etc). These products are incredible and a joy to use every day. I've driven 3600kms so far and still have more than half of my original 27L tank of gas (pressurized fuel tank stops it from going bad). On the other hand, here in Edmonton I can drive to the mountains, etc whenever I feel like it without ever worrying about charging, or anything other than 30 seconds at a gas station. Fantastic!
This video is about the rav4 prime...
I've got RAV4 hybrid, also live in Edmonton and do lots of trips to mountains pulling 1000lb camper. She's been great!
It’s nice to watch a video of this car that was filmed here in Vancouver! Thanks guys! Been on the wait list since early June!
Our pleasure!
Finally a Canadian review! Thanks for the video, but I think its quite expensive 🤔
It isn't quite expensive. It IS expensive!
Doesn't make sense cost-wise owning Prime over hybrid model over 10 years as you'll never make your money back on increased cost (outside Quebec).
Example (XSE hybrid vs XSE Prime): Prime costs $56,800 including freight, delivery, gst. Subtract $5000 federal rebate = $51,800. $10,000 MORE then XSE gas model. Factor in fuel savings over 10 years and you still don't make that money back. Then factor in added replacement cost of much bigger PHEV battery and you're even more behind. Lastly, as for handling (as per Alex on Autos) Prime model handles slightly worse then hybrid model due to added weight. 👎
I agree.
@@James-il3tq Totally don't agree. Did you listen to the video? The price even in the rest of Canada is lower than the top two Rav4 hybrids. Even base to base there can't be much difference! If you are not commuting too far, the gas motor will seldom run. How could that not be worth the difference right there???
@@kevin6550694 2020 RAV4 hybrid in Canada costs $32,350 + freight/pdi and taxes (on Toyota.ca). RAV4 Prime base model $44,990 + freight/pdi and taxes (my local dealer emailed me prices). Base model Prime $12,550 more then base model, $7550 after $5000 federal rebate. People won't make up that cost in fuel/energy savings over lifespan on the vehicle, not to mention extra cost of much larger battery when eventually needing replacement.
Mine gets here Saturday!! I’m sooo over the moon excited.
Thanks for your help making my decision. I’ve watched and read many, many, reviews and done tons of research.
Keep up the great work, you two!
Got mine 4 days ago in Quebec. XSE same colour. Absolutely love it.
Congrats
Motormouth thanks and keep up the good work
Wonderful, enjoy!
Hybrid XSE you mean (not Prime). I got 2019 hybrid XSE last summer, like it too!
James no, Prime
The RAV4 Hybrid is more than satisfactory for most buyers but the Prime is seemingly more compelling Another ace review from the dynamic duo
Toyota are killing it. This thing is going to sell like freaking hot cakes in Canada.
Doesn't make sense cost-wise as you'll never make your money back on increased cost (outside Quebec).
Example (XSE hybrid vs XSE Prime): Prime costs $56,800 including freight, delivery, gst. Subtract $5000 federal rebate = $51,800. $10,000 MORE then XSE gas model. Factor in fuel savings over 10 years and you still don't make that money back. Then you take into account extra replacement cost of much bigger hybrid battery and you're even more behind. Lastly, as for handling, as per Alex on Autos Prime model handles slightly worse then hybrid model due to added weight. 👎
It is also an extremely limited production model that it will be virtually impossible to get any time soon especially outside of Quebec/BC.
James Burrough The issue is supply. They’d sell a million a year in North America if they were available. Until solid state batteries are perfected and the electrical grid is upgraded plug in hybrids are the future.
Good luck to have one. Not existant
I have had my Hybrid XLE for a month and am so freakin happy...5.4 litres / 100 km. Toyota forever!! Will wait a few years to get the prime since I did not want to wait a year for a new car.
the ultimate daily commuter 68km of electric range 👍👍 , heard very few # will be built in 2021 , so I'm sure there will be price markups
hmm.. $45188CAD with federal rebates and taxes in Ontario , we need more rebates in Ontario , can't believe Quebec is getting $13K CAD !!!
thanks posting this video , especially with Canadian info 👍👍
We need no Federal rebates and allow market to set prices based on supply/demand. Tax payers should be buying cars for other taxpayers 👎
@@James-il3tq not sure u know how our Modern Monetary Theory system actually works in Canada , government creates money out of nowhere , doesn't have to borrow $CAD from anyone to spend it , doesn't cost tax payers anything 💡!!
That’s gonna be a long waiting list for Canadians and Americans! Great video on the RAV4 prime, Andrea and Zach!
Thank you so much, so glad you enjoyed it.
I can confirm the SE trim has red stitching. On the dash, seats, and various places.
RAV4 Prime is top of my list for my next car in 2021
Thanks so much for updating to the rebate information! Love the reviews - From Richmond!
After the success of the Prius, this will be the next winner from Toyota. Count on it!
Agreed!
The 2022 SE gets the red stitching! Just rewatched your video sitting in my rav 4 prime se right now lol
Releasing a video at midnight on the East Coast. Bold move, Motormouth.
The embargo lifts at midnight, so all the coverage will be out now...
I'd love to see a review from you guys on the Tesla Model Y and perhaps a bit of a comparison with it against something like this
GM should have offered a SUV / AWD / plug in like the Volt system after they eliminated the Volt after 2019. They could have offered their SUV with a 50 mile pure electric range, and 40+ MPG when running in hybrid mode, GM would have been swamped with orders just like Toyota.
Only a Toyota can do that TBH
Andrea, I really appreciate your perspective - glad you’re a regular on this channel! If I recall, the other RAV4 models are made in Canada, and they weren’t able to retool their factory to make the pano roof. Also, Zack do you recall the second gen MR2 marketing literature (30 years ago!) showing 0-60 in “5.96” seconds? Lol...that seemed real fast back then, but I guess this RAV4 is right there!
Thank you so much, glad you like my perspective. :) And yes, you are right the other RAV4 models are made in Canada, just the Prime in Japan.
Pretty sure all the waiting lists were full long ago when they announced it. Great video.
Love you guys to do a Niro PHEV for comparison.
How was the steering and cornering? As good as CX-5?
It feels heavier
As per Alex on Autos Prime model handles slightly worse then hybrid model due to added weight. I own 2019 hybrid XSE and like how it handles overal and (I upgraded to 19" wheels and 235/55R19" tires). Softer and smoother then CX5 but definitely more vague handling feel and worse handling over CX5.
It’s really outstanding amazing SUV mind blowing over 300 horsepower and lovely fuel consumption. Toyota win my heart. Love ❤️ you Toyota
Zack what's your favourite colour?
Blue
Balls
Andrea, I understand the appeal that straight men, of course, have seeing you review this car, but as a young gay gear head (yes, it's me again), you really make these videos! I have been watching Zack for years now and you truly bring something new and fresh to the table. Also, your sense of humour is fantastic - I want to be your friend in real life lol. Anyhow, continue to be the star of the show, please!
Awe thank you so much, you are very kind!
I am living in ON. Lucky for people who live in QC
Yes, for sure.
6:24 Based on the fluctuating sound of the engine, it sounds like SHE is a "Digital Driver". Absolutely great for maximizing efficiency.
We were driving up a mountain.
I live in Quebec and just made a deposit yesterday of 500$. I reserved the XSE with technology package, basically the top trim. Final price is 56k taxes in after all rebates. I got msrp. But 2 years waiting time.
Two thumbs up from Quebec :)
Merci
Awesome, thank you!
respect from Burnaby. Nice Job !! thank you!
Thank you so much, appreciate the support!
great review! my local dealerships in Calgary were saying in June that it wouldn't be until 2021 at the earliest, that someone may get a RAV4 Prime, at that time they were taking deposits, without knowing the cost of the vehicle. I decided not to blindly put money down at that time. I don't think I can wait that long for a 'chance' to own this vehicle so I most likely will just buy the regular RAV4HYBRID (XSE/LIMITED).
The only and best diferent hybrid to prime is the range and power . Is what everyone really want :D
Great review! My wife wants one but we could be waiting a long time.
Thank you! And yes, you are right.
Called my dealer (in Quebec) today for the SE. They put me on a waiting list for a 500$ advance - 1 year+ waiting time for the SE. The XSE has a much shorter waiting list of 4-6 months but it was not for me.
Great choose I put 2000$ deposit and getting it in February 2021 but I live in Toronto
@@Ebaybbq why $2000
If it is a 1+ year waiting list ... will you end up getting a 2022 ?
Great team! Excellent and natural reviews.
Thank you so much!
I felt like I kept hearing the engine rev up and down the whole video. Is that specific to the vehicle or just driving style? Feel like that would be grating.
I subscribed just because u kept that blooper in the beginning lol
Fantastic!
Thank you for this wonderful view my question is how does the adaptive cruise control work in stop-and-go crawling traffic?
Adaptivr cruise works very well in stop and go traffic on new RAV4s. I have 2019 RAV4 hybrid and use the auto cruise all the time in traffic. You need to accelerate from a stop and cars can bud in but still great!
Great job Adrea & Zack, & thank you for presenting BC. My question - what will be $ rebate/final cost of Rav 4 Prime+XSE w/ Tech package, the RAV prime you tested & driving. Appreciate your feedback. Thank you.
$8000 in BC
About the rebate thing, I don't understand what the complaint is about. The whole point of the rebate is to promote clean vehicules, so if people are going more and more for EVs, then the government program is working as intended. "Who will go for the classic Rav4?" no one, thats the whole point!!! and it's for the best.
'Do you feel special' .... 'no!' Best line in the video!!!!!! Hahahahaha
I have that exact same car.... but I put a nice ceramic tint on all the windows. It sure is hot as in Texas.
The thing your forgetting about the rebates is that you still have to pay taxes on the full price of the car, the rebate applies after tax. When I first heard about the rebates I was like wow, this sounds pretty good. Then I read into it and found out you have to pay taxes on the full price of the car. It still is somewhat attractive incentive, but it definitely not as much. We got new rebates on PEI and we get $2500 provincial on the prime and $5000 on pure electric vehicles. The nice thing about PEI's rebates is that it also applies when you buy a used vehicles.
Great video guys. It was very thorough and insightful. Maybe, as a Quebec-er... I should consider buying one here and “flipping” to an environmentally sound B.C.-er, ... and pocket the difference? .... I like how you guys roll. Great teamwork, and a great outfit. ‘Drea’ ....obviously Thanks for another entertaining review.
Great idea! Thanks for your support, glad you liked the review. :)
It's really, giving the consumer the best of both worlds; internal combustion and electric. Or at least the option to use either in one car.
Given the limits of charging and lithium ion technology, hybrid is here to stay for a while and is the most utilitarian.
Great review you guys!
Thank you!
We love the RAV4 prime but found dealer and salesperson do not have all that much knowledge. We have had ours for nearly a year and still learning. We are in BC and have the top top before going to the quick charger. Can we plug this rav into any of the charge stations. Or only to a regular plug like we do at home.
Working at a Toyota dealership in BC, we have no idea when it'll even arrive. We had to stop taking deposits at one point because the ETA became almost a year. Don't even get started on the hybrid, which is still hard to get. I'm still not a huge fan of it, particularly the regular RAV4 which feels extremely cheap inside, but the Prime will be a good car.
The rebates are honestly stupid and Toyota's strange decision to not plan for the demand is them shooting themselves in the foot. Who knows, maybe Honda or another company might make a competitor to this by the time Toyota sorts things out.
Great detailed review. Thanks!
Well rebates for Canada are like tax incentives for the U.S. Hey, lets not complain about adding incentives to buy all electric or plug in hybrid vehicles. I applaud Toyota for trying to push the market into buying more electric vehicles. I understand the demand greatly outweighs the supply right now, but it will even out once the car market recovers from all things pandemic related.
I've been subscribed for long! I think your videos are great and quite informative, and fun when Andrea is around :-) I'm hoping the new Venza will get a plug-in hybrid variant .. We need something with a little more space, that's not a 3 row, maybe the Venza is it?
In Ontario, what are the rebates that I can get if I were to buy this RAV4 prime?
I like your video it gives me a lot of information.
You’ll get the $5K federal rebate.
Don’t worry about the rebates I’m sure the dealerships will pick them out of your pockets
Lease rate is likely as bad in these as the rav4 hybrid, any gas savings are gone in interest
I want one, but I live in Southern USA and I won't see it for another 2-3 years at least, lol. They love their gas sink holes down here.
6:50 I was told that Cambridge does not have the stamp for the sunroof from Japan yet. This is why it's not available in Canada on the regular RAV4 / RAV4 hybrid.
True
But why is the panoroof available in America? Their Ravs are coming from Cambridge/Woodstock too.
@@krisl7068 The US RAV4 with pano roof is made in Japan.
@@krisl7068 Rav4's are assembled in Woodstock and a couple Lexus models in Cambridge.
@@henryhonda8408 Ravs are assembled in both Cambridge and Woodstock.
Cost of the vehicle did they throw in the charging cable.
Did they fix the gas tank, lighted window switches, and dead (12V)supplemental battery going dead??
For this price, go buy a Model Y. No surging engine noise, no ICE maintenance, and it will smoke the RAV4 from a stoplight. And Tesla is making them in quantity, unlike Toyota.
What a cute nickname, Drea...great review as usual, you guys!
Thank you so much and yes the nickname has really stuck!
@motormouth 100% agree with you at 14:40...I'd much rather live in Vancouver than any part of Quebec. Even if they have $13,000 rebate. Sorry, still not worth it. Beautiful British Columbia it is =)
Quebec has the Highest income tax *and sales tax) in North America and probably in top 5 in the world. So just for that the extra C$8000 not worth it.
I lived in QC most of my tax paying live I know it, if I was in ON I would save 10k income tax yearly.
BC is beautiful but coastal BC has too much traffic, insane gas prices and too many Green Party extremists 🤪
The incentive is applied after freight and taxes. All and all, the SE model costs $42K with incentives.
Is there a way to know how many of the total miles on the odometer were driven in EV mode and hybrid mode seperately?
Just got mine last week,after a agonizing 6 weeks!Thats right 6 week from the time I called my dealer.Royal Moore Toyota Hillsboro or.😜
Any sites that show how much electricity it takes to charge the battery to full? Does that cost come in cheaper than just having a regular hybrid ?
Electric motors are shockingly efficient, no contest. For example, the energy density needed to drive around 300 miles in a Tesla uses roughly the same amount of energy in about 2 gallons of gas. That being said, electricity is pretty expensive compared to gasoline. So here is a bit of a breakdown: On average, most all electric vehicles get between 3 and 4 miles per KWh. Plug in hybrids are generally a bit worse than this due to having to cart around the dead weight of the engine and other parts needed to make gas cars go, so it is likely closer to 2.5-2.7 ish miles per KWh. Even with that extra inefficiency, if the Rav4 Prime gets about 40 miles of electric range, you can expect the battery to need about 18 KWh to charge. Where I live, electricity is pretty expensive compared to average, so with that absolute worst case you are likely looking at around $3.00 to drive those 40 miles all electric.
Of course there are other things to consider, such as significantly less wear and tear on the engine. Electric motors can easily run for a million miles no problem, and they do not care if you are in stop and go traffic or on the highway. Honestly dumping the gas parts entirely and even spending a bit more up front or something like a Tesla Model Y would get a car that is basically a guarantee to outlast any other car by 3x. Electric cars also have almost no maintenance costs, no oil, no transmission, and only about 7 moving parts in the motor. To top it off, 0-60 mph in 4.8 seconds. In my eyes, that is really the way to go. Toyota has a good idea on their hands for people who don't yet fully grasp the capability of all electric cars, but they are really struggling with bringing even something with this small of a range to market. They simply do not have the manufacturing capacity to handle the battery demands. Tesla is easily 10 years ahead of the game.
David Esposito thank you for the lengthy reply I appreciate it. I’m in an unfortunate part of the world where there is about a 4.5 hour drive to the next city and it gets down to -40 degrees in the winters so a Tesla doesn’t quite cut it, yet. Something like a plug in hybrid for everyday use seems perfect until battery tech gets more capable at really cold temperatures.
The cost in Canada is very inexpensive , I just bought the RAV4 Prime in Denmark, it's 100000 $, just move back, after 52 years in BC, I traded in a one year old RAV4 Hybrid, and only dropped 2000 $, very happy, only got it because ordering it in May, very few coming to Denmark this year
When will this be available in the US
It is already available in the US. :)
The Rav4 Prime SE AWD has fabric seats. That's a deal breaker for some buyers. Many would rather have the XSE hybrid. At least I would.
If I could afford one I will get one no matter how long it takes
did u get it
@@Wanderlust1972 nope
@@hanj31 u gotta make 60k a year
Is it true that this Rav4 plugin hybrid FAILED the Moose Test?
Saw it in another Video.
Sounds like she is off and on the throttle ?
Wonder what's the total amount of federal incentives set aside ?30 million? It's must be winding down with Tesla model 3 sr+ models sold since April 2019?
I bought a new 2018 RAV4 Hybrid XLE. Went to the dealer and he takes me down a row of 50 RAV4s and in the middle of the pack was this one RAV4 Hybrid. That was it and bought it. Here is my question. Why is Toyota making RAV4s as gas only, hybrids and now Prime? Why not just do away with the regular gas only and go 100 percent to hybrids and Prime. They could devote one RAV4 factory to the hybrid and one to the Prime. My Hybrid came from Japan so they ship all over the world. I bet if they did away with the gas only RAV4 they could bring the price down on the hybrid. The only reason why they are not doing this is maybe they can't produce enough hybrid batteries.
Whats the story with Driving Television on Global TV? Is it cancelled?
It’s a compliance car that hardly anyone will have access to. Don’t get excited,
Quebec is getting 13.3 BILLION bucks in equalization payments for 2020 again this year, AND they get 13k in EV rebates. There is so much wrong with that. First, all provinces should be getting equal everything....2nd....see 1st.
That's because they're "special".........:-(
Bought the Rav 4 prime today and love it but it’s expensive 🤑🤑🤑
Congratulations, enjoy!
You two have great voices :)
Wish I had waited for this instead of buying the Hyundai Ionic. Value on the Ionic drops faster than a brick from the top of the CN Tower!
But the rebate only applys to cash，right
no
RAV4 Prime - The fastest vehicle Toyota currently makes 😂
Haha, good point!
no. 2nd officially after the bmw supra
Sothyriechard Sem 🤦🏻
@@SothyRSem relax bud you own a 15 year old 3 series 😂😂😂
rav 4 xse premium or tesla model 3 or y?
No fuel economy test?
I could be wrong but I don't think the rebates will be applied to the XSE technology package. That's what I have been hearing anyways.
Interesting review and comments. I listened this review with a headset and it seemed the CVT was constantly surging while going uphill. Was this the case? The total selling price in Quebec before rebate is $59,599.00 for the XSE with the Tech package. Toyota makes good profit with the +6% interest on both lease and finance rates.
Wait, are you saying manufacturers have some sort of arrangement with dealerships to get in on a share of the financing profits?
So, the SE actually DOES come with red accent stitching on the dash, and the same on their fabric seats. The website only specifies "soft tec seating with red accent stitching" on the XSE trim. Maybe to be purposely vague in order to make the XSE more appealing to some? Who knows. *confirmed by an SE owner in PQ.
Now I'll wait for the Jeep 4xe, Toyota gotta step up the game before it's too late
Will Toyota make a Highlander full electric or plug in like the rav4
News for Andrea and Zac. The Canadian 2020 Rav4 Hybrid Limited I just bought does not have blue or red stitching. It's an off white. So Zac will see it's true colour just fine. Maybe Toyota ran out of blue thread.
That's better, I don't like the blue
I wish the Woodstock plant would install production capacity for the panoramic sunroof.
I bet it will come when they start making the new NX on the same line.
Cannot find these in SW VA, USA. I asked at my dealer about it and they knew 0. Salesman told me it had not been released, then she looked it up and it had been. I knew waaaaay more about it than she did. Good thing I did not want to buy until the 2022 comes out. Not then if I have to pay sticker! I am driving a ‘16 hybrid now. Love my Toyotas.
Outside Quebec and BC it doesn't make any financial sense to get the prime over the hybrid. I recently bought the hybrid limited and the top end prime would cost about 10K more even with the 5K fed rebate. With my km per year it would take about 8 years for the fuel savings to meet the cost difference. That is not even factoring in the cost of electricity to charge the vehicle which for me in Ontario has highest rates in the country. If you live in Quebec it's an no brainer. BC maybe. Anywhere else no unless you really, really, really want one.
Some dealerships are asking up to $15k above MSRP which makes it not worth it. I hope Toyota is able to build many thousands more the meet the demand and avoid the price gauging.
I’ve heard of the price gouging in the US but I haven’t heard of it in Canada yet and I hope not as it would steer me to the Volvo
Waiting list in Quebec is 1.5 to 2 years!. Doesn't matter if you pay it off, you still wait.
It’s annoying to see all these videos and marketing on the RAV4 prime and the low availability. Got me real excited, only to then tell me that I can’t get one at the moment.
Is a Toyota thing XD
If they're going to engage in central planning then they could at least hire some economists who understand the worst pitfalls of it. I don't like the government doing this stuff at all, but there are ways you could do it that would far more elegant and less destructive to the market. I guess we're past the point of bureaucrats worrying about doing more damage then good? The funny thing is Canadians already get a screaming deal on new cars compared to Americans when you look at the exchange rate vs. the MSRP. That is one thing I can't wrap my mind around, the margins on new cars must be pretty decent because otherwise I feel like manufacturers might actually be losing money on a lot of sales paid in Canadian pesos. It seems like the RAV4 Prime is a premium vehicle that only homeowners can buy since you need a 240V outlet, so basically these rebates are subsidizing new vehicle purchases for the upper middle class. Personally I'm quite worried for Japanese car manufacturers because the central bank of Japan has been buying a lot of ETFs and Shares in the Nikkei to prop up the economy. So I worry the government ends up as majority shareholder in some of these companies at some point. By November they'll have about 40 trillion Yen in ETFs (~$375 Billion USD) meaning they would own over 7% of the total market cap of the Nikkei, making them the largest holder right over Japanese Government TSE pension fund at 6%. If the central bank just arbitrarily expands the money supply and then uses that money to buy shares, they may as well just drop the whole dog and pony show and just show up at corporate HQ with soldiers announcing they're "seizing the means of production". Emperor Hirohito would be proud.