Join Date: Aug 2017
Location: Hawaii (Oahu)
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I bought the last model year of the 2nd gen RAV4, a 2005 L, and love it. One reason I still own my 2005 is that it was the last year with a manual tranny.
I am a believer that the last year of a generation is in most cases the most refined and reliable of that generation, and for that reason, I think a 2018 will be a solid choice and priced to sell. How long you should wait to get every discount possible is a gamble. Yes, the prices will continue to go down as the 2019 becomes available, but your selection of colors or model LE, XLE, SE, etc, will become problematic.
Also look at the style of the new 2019. It's a distinctive change that some of us will like, but others may like the current gen. Also what new features are coming with the 2019s? For me, I am not a big fan of more electronics, as that seems to be more things that can fail or break or more costly to fix. And normally I would avoid the first year of a new gen, although less so with Toyotas and especially IF it were made in Japan.