Toyota RAV4 vs Mitsubishi ASX

What's the difference?

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Toyota RAV4
Toyota RAV4

$45,990 - $66,430

2026 price

Mitsubishi ASX
Mitsubishi ASX

$37,740 - $46,490

2026 price

Summary

2026 Toyota RAV4
2026 Mitsubishi ASX
Safety Rating

Engine Type
Inline 4, 2.5L

Inline 4, 2.0L
Fuel Type
Unleaded Petrol/Electric

Unleaded Petrol
Fuel Efficiency
4.8L/100km (combined)

7.6L/100km (combined)
Seating
5

5
Dislikes
  • Price hikes
  • Needs ANCAP rating
  • Divisive styling

  • Base LS missing several features
  • Temporary spare wheel should be standard 
  • Much more expensive than previous ASX
2026 Toyota RAV4 Summary

This is probably the most important new car launch of the year.

The 2026 Toyota RAV4 needs to be bang-on exactly what customers want, because it’s not only Toyota’s most popular model globally, it was the most popular new car in the world last year.

It’s also Toyota Australia’s second-most popular model behind the Toyota HiLux the highest-selling non-ute in the nation.

Crucially, The HiLux has just been launched in a new generation albeit not a revolutionary change, and it somewhat overlaps with the generation changeover of the RAV4.

Toyota is also facing a significant sales dip, the first quarter of sales for the brand in 2026 is down 23 per cent compared to the same time last year. It’s a bigger dip than the industry as a whole, as its market share is down from 19.9 per cent to 15.7 per cent in the same periods.

The new RAV4’s launch must bring strong sales as the vast majority of the brand’s dip is thanks to the mid-size SUV’s changeover.

But as well as an influx of new competitors, the RAV4 must also contend with a lack of ANCAP safety rating for its first few months on sale.

@carsguide.com.au The 2026 Toyota RAV4 is here and it looks like this… sort of. #toyota #rav4 #toyotarav4 #cartok #fyp ♬ original sound - CarsGuide.com.au

Has Toyota done enough to convince Australia its family SUV is still worthy of its position as the best-selling passenger car getting around? We headed to its Australian launch in Tasmania’s north to find out.

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2026 Mitsubishi ASX Summary

For 15 years the Mitsubishi ASX has been one of the most popular SUVs in Australia. Well into its life cycle, it maintained strong sales thanks to keen pricing and a reputation for reliability.

The second-generation ASX is finally here, but it’s a very different proposition to the original.

For starters, the new model is a twin of French brand Renault’s Captur small SUV. That model is not currently sold here, so Mitsubishi has clear air, for now.

Secondly, it’s no longer cheap. Pricing puts this new model into the high-$30,000 section of the segment, but it also gains modern tech and specs.

Whether buyers care that the ASX has gone upmarket remains to be seen. But we attended the Australian launch to see if French flair has improved the ASX formula.

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Deep dive comparison

2026 Toyota RAV4 2026 Mitsubishi ASX

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