Dealership desperate for the prius?

[stanleyjohn]

Today i went in for my 20k oil change at my local Toyota dealership and when i finished and went to get my car the sales manager stopped me.He told me that he wanted to buy my car (06 prius) at what i payed for it!I said i loved the car and didn't want too! but he left me his card if i decided to change my mind.He said there was at least a 6 mt waiting time now and they were desperate to get hold of some .I have to tell you that full price was tempting! I could then just go buy a 08 or 09!but this is my only car and i know there would be a long wait.Has the demand really skyrocketed since the 4 plus gas and if he was willing to give me what i paid when i bought it in June of 06 what kind of profit can they make on doing something like this.

[Godiva]

When supply gets tight, they can sell used Prii for current sticker. (And charge a premium OVER MSRP for the new ones.) The Prius really holds it's resale value. Especially when gas goes up and there's a long waiting list.

[fcc]

i would have told him to sweeten the deal and i would have then considered it.
after all, you need a temporary car to drive, a beater, in the meantime while you shop
around for a new one.

[Sheepdog]

heh heh. wonder what he offers you if gas goes up another buck? But then you would never be able to get a replacement Prius! Funny but I still see 20 Prii on the lot near my house for sale. All colors. I guess no one here is biting yet.

[rfruth]

Sounds like stanleyjohn & dog ought to hook up n make some money !

[Fraser]

Sounds like the flipping factor is closing in on autos. Beware; that's what happened to the housing market three-four years ago, and look where we are now. It would be difficult to complain about extreme high prices of Prii or about the foreclosure on loans when the Prius value declines (and, ultimately, it will), leaving lenders with a bunch of cars and many buyers in financial straits.

[Sheepdog]

everybody has to live somewhere and most everybody has to have a car. Might as well have a house that appreciates and a car that is very slow to lose value and is extremely reliable and cheap to feed and cool to boot!

[Fraser]

Originally Posted by Sheepdog

everybody has to live somewhere and most everybody has to have a car.

You're right. But would you want a house that was $100,000 a few years ago, became worth $150,000 when you decided to commit to a contract this year, then falls to $120,000 when the boom busts a year from now? That would leave you $30,000 in the hole, and you still would owe the money. Lots of people did that, ignoring the basic principal of "buy low, sell high". Same will work with Prius if the flippers gain a foothold.

[sdtundra]

spammer reported

I was on Autotrader today lookin at cars for my mom. Audi A4, BMW 328, Avalon, Camry XLE, etc.. i searched for all Certified Pre-Owned cars, and Longo and some other Toyota dealers had 07's with 20k+ miles for $29,995. So as a joke i posted my 2008 with 4800 miles on Craigslist for $35,000. Within 2 hours i had a call offering $30,000. It is tempting, seein after i pay off my loan i come out $20,400 on top. I most likely wont do it because i love seeing 50mpg but just wow

[Sheepdog]

I reported it too. didnt see you had.

How can it be that a car with miles and one owner can bring so much money? If you do it you'd be able to get another here in Central FL if you'd like.
the dlr here has 20+ ready to go but I dont know at what price.