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Old 03-11-2007, 04:24 PM   #1
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I have a 2005 Prius (Package #6) that I bought in July 2005. With the current financing promotion and tax credit, I'm considering buying a new Prius (Package #5). Even though the package numbers are different the feature sets are equivalent.

With a new Prius I'd have a new car, a new warranty, rear view camera, auxiliary audio input, updated DVDs for navigation, and an improved interface for the display with a few new features. But I'd lose the override for the navigation system, as well as the cassette player (which I wouldn't need with an auxiliary audio input).

When I figure the payments I have left on my current Prius, the payments I'd make on a new Prius, and the tax credit, I'd end up paying about $5,800 more if I bought a new Prius. Should I do it?

Thanks
Dave
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Old 03-11-2007, 04:37 PM   #2
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<div class='quotetop'>QUOTE(dvandelay @ Mar 11 2007, 12:24 PM) [snapback]403851[/snapback]</div>
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When I figure the payments I have left on my current Prius, the payments I'd make on a new Prius, and the tax credit, I'd end up paying about $5,800 more if I bought a new Prius. Should I do it?
[/b]
I wouldn't wait too long if you want to do it. Rising gas prices will probably push Prius prices back up again soon. We just traded up and are glad we did. We miss the nav override but enjoy the improved features and the higher resolution MFD really makes a difference. We had HOV stickers which we no longer needed so we sold the 04 ourselves and it only cost us $1800 plus taxes (don't forget to figure them in) to upgrade. We took advantage of the 0% 24mo financing so that helps as well. Also, we were going to need new tires soon so overall, it seemed like a good decision.
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Old 03-11-2007, 04:42 PM   #3
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I would start saving up for the next generation Prius
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Old 03-11-2007, 04:42 PM   #4
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My calculations do take sales tax into account, but I have not figured in the maintenance costs.

My understanding is the tax credit goes way down after the end of the month, so I will be making a decision very soon.

Thanks,
Dave
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Old 03-11-2007, 04:43 PM   #5
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<div class='quotetop'>QUOTE(Tideland Prius @ Mar 11 2007, 12:42 PM) [snapback]403866[/snapback]</div>
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I would start saving up for the next generation Prius
[/b]
Me too, or at least the 2009.
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Old 03-11-2007, 04:47 PM   #6
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I'm curious as to why you would want to trade in such a recent Prius for a new one. What does the 2007 have that your current 2005 doesn't have? Is your current car running ok? Is there something about it that drives you nuts that's fixed in the 2007 model? Is it really worth $5800 to trade up to what appears to be an equivalent package?

Being from the "drive-the-car-into-the-ground" camp I would keep the 2005 if there wasn't anything wrong with it and it still fit the needs of you (and your family). YMMV of course.
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Old 03-11-2007, 04:56 PM   #7
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<div class='quotetop'>QUOTE(dvandelay @ Mar 11 2007, 12:24 PM) [snapback]403851[/snapback]</div>
Quote:
I have a 2005 Prius (Package #6) that I bought in July 2005. With the current financing promotion and tax credit, I'm considering buying a new Prius (Package #5). Even though the package numbers are different the feature sets are equivalent.

With a new Prius I'd have a new car, a new warranty, rear view camera, auxiliary audio input, updated DVDs for navigation, and an improved interface for the display with a few new features. But I'd lose the override for the navigation system, as well as the cassette player (which I wouldn't need with an auxiliary audio input).

When I figure the payments I have left on my current Prius, the payments I'd make on a new Prius, and the tax credit, I'd end up paying about $5,800 more if I bought a new Prius. Should I do it?

Thanks
Dave [/b]









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Old 03-11-2007, 05:22 PM   #8
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Hi,
We just traded 05 pkg#1, plus 6 cd cghr for 07 pkg#2. Cost was $3400. plus T&L. We gained VSC, Smart Key, Seat air bags, Back-up camera and a car with no miles. If we would have kept the 05 we would've needed tires and had to make a decision re. extended warranty.

We thought prices and financing were such that we also bought a second 07 pkg#2.

We are in So.Calif. and the gas prices are VERY high--$3.17 yesterday. Unknown where you live --IF So. Cal. PM me and I'll gove you dealer info.

Carl
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Old 03-11-2007, 05:26 PM   #9
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<div class='quotetop'>QUOTE(moxiequz @ Mar 11 2007, 03:47 PM) [snapback]403874[/snapback]</div>
Quote:
I'm curious as to why you would want to trade in such a recent Prius for a new one. What does the 2007 have that your current 2005 doesn't have?[/b]
I don't have any complaints with the current car and I detailed the differences in the original post. If it cost $100 more to get the new one I'm sure you would break the 'run it to the ground' tradition. I'm just asking for people's input on whether $5,800 is still worth upgrading.

-Dave
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Old 03-11-2007, 06:30 PM   #10
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I just got a 2007 #5 and love it. My wife got the 2005 and she loves it compared to her 2003 Sienna.

I would advise you to get the 2007. Many subtle changes and improvements in the car, plus the Toyota incentive price is right!

Of course, adding a few mods and changing the tires will boost the $5800 cost...
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