RAV4 prime XSE can be
RAV4 prime XSE can be compared with RAV4 hybrid XLE premium. Give or take $8k price difference.
Wait for hybrid is several months in my case I was told 6-9 months to get it at MSRP after putting down a deposit .
Prime is much harder to get. You basically can't get it for MSRP this or next year and you won't get tax incentives since Toyota will run out of those by then.
Prime also had lower clearance 8" vs 8.6" on XLE premium hybrid, 500lb heavier, and about 10% less cargo space.
38mpg in city on prime vs 41mpg on hybrid due to extra weight.
It's energy efficiency isn't great 0.36kWh/mile vs 0.28 model Y, 0.3 Hyundai Ioniq 5 and 0.35 ID 4
With this efficiency and slightly worse gas mpg difference in price per mile is not nearly as great as one might think.
Moreover hybrid can be pushed far above it's stated 40mpg, but EV efficiency doesn't really deviate much regardless of how one driving. At least not nearly as much as hybrid is.
But even if we ignore prime 38mpg city vs hybrids 41mpg city and only compare gas vs electric:
In California gas is probably the most expensive among US states $5.3/gallon last time I filled.
Our off peak rate before 3pm is 24 cents per kWh
Hybrid driving at 40mpg will consume $13250 in gas over 100k miles
Prime driving 100% in EV mode will consume $8640 in off-peak. That is a difference of $4610.
I'd say it's a tie. Consider higher upfront cost of prime and resulting lost revenue from investment.
Get prime if speed is more important than cargo space and ground clearance and you have access to cheap electricity. Otherwise get hybrid.