Looks like green goes on the top according to eBay pics


Metal plate - Bushing (Facing up toward bottom of arm) - Bushing (Facing down toward top of arm) - Metal plate

 

Looks like the parts are not for your car. Post #2 are the correct part.

 

Toyotas website says that it fits the 2006-2008 RAV4.

 

Toyota can sell the cushion #1 (48817-0R013 , bottom) and cushion #2 (48817-0R043, top) separately for the stabilizer link. However, they can put both pieces together as a kit and create a new part number for less cost, which ends up being 48817-12H01. The "R" designation indicates revised version, which usually will be newer designs than the ones shown in post #2.

The cushion with the green band is the top piece (#2) and white band is the bottom piece (#1). Confused enough?

 

I appreciate the insight. I made the mistake of replacing the rear end links with trq brand and the included bushings are split and ruined after 2 weeks. Properly torqued to 22 ft lbs on a flat surface while loaded, cheap rubber. Never seen a male and female bushing before. Thought they were all the same size like the aftermarket ones.

 

I bought these 48817-12H01 and I'm not sure on the orientation. I replaced the oem a long time ago with moog, so I don't have any reference to look at. I'm assuming the green goes on top for alignment but I could be wrong.
View attachment 211262

Yes that is correct green bushing with the lip goes on top. It’s used to hold the bushing in place.