Outrageous Price .. prius over MSRP

[Schunken]

Sorry for a little OT, but

guys, you lived in the promised Land!

Here in germany the Prius executive is 45.600 US$

...and one galeon regular fuel is 8$

anybody sent me a green card?

Andreas

[timwalsh300]

Originally Posted by Barcelona Red Lass

Not surprised. Too bad the dealers that do this cannot be prosecuted for price gouging. Profit is one thing, ridiculous greed is another.

Will you sell me your Prius for the Toyota MSRP of $21,500?

Tim

[priusenvy]

Why is no one complaining about these horrible consumers who are taking advantage of the car dealerships by purchasing SUVs for ten thousand dollars under MSRP? It's disgusting how they are driven by greed and only care about paying as little as possible for a vehicle.

[PriusSport]

...and in the meantime, Washington is taking its merry time to burst the oil price speculation bubble (up to $142 today), which oil lobbyists have urged them to do in Congressional hearings. When that bubble bursts--and it will soon, since the stock market is melting-- those inflated Prius prices will deflate in a hurry. Be patient.

[subarutoo]

Its a seller's market for econocars, buyer's market for gas hogs. Simple economics. Get over it. Whoever said that car dealers play fair, even in the best of times?

[John Michael]

Free market capitalism using the law of supply and demand. Couple that with a naive turnip rolling off the truck and you end up getting gutted like a fish and hung out to cure. No fault save my own. Atlanta area.

Touring Sedan, #6 pkg, tint, side moulding, carpets, rear bumper scuff protection and "ToyotoGuard. Dealer got me exactly what I wanted in less than a month. Out the door $37,658.83.

It doesn't pay to either get too obsesive about getting one of the damn things or to not read every line, dotted I and crossed T. Lesson learned again. When will I finally wake up?

I nominate this price as a record-setter.

[Barcelona Red Lass]

Originally Posted by spitinuri

Take this for what it is worth.... I have a friend that owns a Prius salvage business. He said that there will not be enought 2009 or 2010 Prius manufactured to outstrip demand. The greatest limitation is that Panasonic cannot manufacture enough batteries. As gas prices go up demand goes up for Prius. He recently sold a 2008 with 16000 miles (salvaged and repaired) for $26,000 to a dealer in California. Good luck to all of you waiting. Congratulations for those of you who have recently purchased. For everyone else you may see something very rare.... a non-vintage car that is worth more that what it's initial purchase price was.

What can the dealer do with a salvaged car? He does have to tell people it's salvaged, right? Because lots of insurance companies won't insure salvaged vehicles...

[Barcelona Red Lass]

Originally Posted by zaxinc

Let me just say that as far as professions go, car salesmen rank right up there with lawyers, meter maids, my boss, oil executives, lobbyists, politicians, and IRS agents for scums of the earth.

That said, I can't say I blame these guys for charging over MSRP if the car is the most desirable on the market. Look at the housing market a few years ago. Houses were going well well well ever the asking price and no one complained too much.

Yah, and now half those people who bought houses (because they were delusional and believed someone making $40K a year could actually afford a $450K house) are going through foreclosure/bankruptcy/etc. And now my tax dollars are going to them to bail them out for their stupidity? All this will do for the Prius is make sure it's scorned in a couple years because it's not the cure all to high gas prices. Sure it helps, but it's not the end-all and be-all. And like my house, which has lost $75,000 of "value" because of the housing market downturn, will my car also be devalued?

[spitinuri]

Originally Posted by Barcelona Red Lass

What can the dealer do with a salvaged car? He does have to tell people it's salvaged, right? Because lots of insurance companies won't insure salvaged vehicles...

Take a look at Ebay. Half of the Prius being sold there are salvage title cars. When repaired many banks, credit unions will issue a loan for a vehicle. My bank has a range of value for a vehicle they will loan. An example would be for say a 2005 Prius with 120,000 miles. Loan value would be $18,000 to $22,000. Because it is a salvage title they will only loan on the lower number ($18,000). Many insurance companies will also insure with these same values. My credit union and insurance company did. I didn't have to search around. When you sell a salvage vehicle you have to reveal its history. A dealer would have to do the same. It's all in how bad you want it.

[spitinuri]

Originally Posted by Barcelona Red Lass

Yah, and now half those people who bought houses (because they were delusional and believed someone making $40K a year could actually afford a $450K house) are going through foreclosure/bankruptcy/etc. And now my tax dollars are going to them to bail them out for their stupidity? All this will do for the Prius is make sure it's scorned in a couple years because it's not the cure all to high gas prices. Sure it helps, but it's not the end-all and be-all. And like my house, which has lost $75,000 of "value" because of the housing market downturn, will my car also be devalued?

Sorry about your home value. We are all feeling the pinch. As for those poor people who bought more home than they could afford... it's not all their fault. Somebody loaned them $450,000 knowing full well they couldn't afford it. C'mon loaning somebody 125% of their homes value anticipating that the home will be worth in 5 years. Stupid on both parts.

We are all paying for this,.... like we did in the Savings and Loan mess, Chrysler bankruptcy etc.. Maybe it's time to stop this and let the cream rise to the top.