to wait or not to wait

Ordered my Silver 2005 package 5, beginning of April, and have the VIN and waiting for a call any day this week. So, I would think that you would be getting your soon, otherwise find a different dealer.

I wonder even if you could get a 2006 by the end of the year if you would still get the 2000 tax deduction, since most documentation I have seen specifically states the 2005 model.

[leeskarha]

Toyota petitions the IRS for each model/year .
See attached letter for the 05.

Note the dates on the letters.

An 05 put in service in 04 would qualify for the 04 deduction.
If Toyota gets the certification from the IRS for the 06 model in time it would qualify for the 05 deduction, if you put it in service in 05. If they are late in delivering the 06s (or get the letter late) you could miss the boat. (As always, check with your tax advisor.)

The loss of this deduction plus the 3% possible prices increase will be substantial. But still I am considering waiting.
-Lee

[MadHungarian]

I understand the '07s will be better yet, and just think about what the '08s will offer . . .

[tiger]

I think I see where your going with those comments (MadHungarian) and I would have to agree that every year there is always something changed, but there is a lot of difference in waiting some months down the road than a couple of
(Years-Down-The-Road.)

I feel sure that Toyota already knows that Honda is updating the HCH for 2006 to more directly compete against the Prius so I have the opinion that the Prius for 2006 will have "Very-Worthwhile" changes to make sure that they offset the changes made to the HCH.

So I still think that in this case it's definitely worth the extra months of waiting on the 2006 Prius.

I will say though that like everyone on these forums that this is just my opinion and reasoning on this subject.

Terry

[HYACK]

or imo, think of it this way: does the guy need a vehicle now? or in 6 months? period.

If he doesn't need a car right now, by all means, wait imo. If he's in the market for a car now, then so be it... now's the time.

Morever, think of it this way: the sooner one buys a car, the sooner (in relative terms) one has the opportunity to trade it in for a future, superior model which would rather be had sooner then later by most!

Kinda like seeing the glass either half full or half empty?

have a good one~