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Buying used 2010 Prius 3

Discussion in 'Gen 3 Prius Main Forum' started by FrancescoS, Sep 1, 2011.

  1. FrancescoS

    FrancescoS New Member

    Joined:
    Feb 20, 2011
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    Location:
    Albany, NY
    Vehicle:
    2010 Prius
    Model:
    III
    I"m looking to buy a certified used 2010 Prius 3 with Nav,

    Nope. Seller's remorse.

    I sold them that car 5 weeks ago because I was leaving the country and had to come back. I bought it new 2/2011 from another dealer for $27,500 out-the-door and 0.9% APR and did 3 payments of $416.

    After paying TFS I got $3200 check.

    Now I'm considering getting it back. I'd loose $1992 in taxes and $1500-$2000 in interest. I think 2.9% is the best I can get now with a score of 657.

    Full Toyota 3yr/36k warranty until 2/2014
    Toyota maintanance agreement until 2/2013
    7yr/100k power-train warranty
    5055 miles
    2.9% APR

    I know they paid $24,000 with 5007 miles for it and selling to me for $24,900. I know it's 100% clean.

    Does this seem like a decent deal?
     
  2. SageBrush

    SageBrush Senior Member

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    Location:
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    Vehicle:
    2012 Prius v wagon
    Model:
    Two
  3. Zanrok

    Zanrok Casual Prius Lover

    Joined:
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    Location:
    Reno, NV
    Vehicle:
    2012 Prius
    Model:
    II
    You know they paid 24k for it??? BUT you want to buy it from them for 900 more? AFTER they put 5,000 miles on it?

    Maybe I am just confused but why on earth would that be a good deal?

    Grab a new prius for around the same price..
     
  4. FrancescoS

    FrancescoS New Member

    Joined:
    Feb 20, 2011
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    Location:
    Albany, NY
    Vehicle:
    2010 Prius
    Model:
    III
    LOL, they bought it for $24,000 with 5007 miles.

    I guess I should have mentioned that part, too!


     
  5. SageBrush

    SageBrush Senior Member

    Joined:
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    Location:
    Southwest Colorado
    Vehicle:
    2012 Prius v wagon
    Model:
    Two
    Buyer's remorse ? I give you one guess why remorse is involved.
     
  6. jdcollins5

    jdcollins5 Senior Member

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    Location:
    Wilmington, NC
    Vehicle:
    2010 Prius
    Model:
    III
    I was looking at my dealer's inventory the other day and they had a 2011 3 with Nav for $28,000. Unless $3,000 would stop you I think I would go with the 2011.

    Just for comparison purposes, I paid $26,200 for my 2010 3 with Nav in 2009. There have been a couple of price increases since then.
     
  7. MikeR5

    MikeR5 New Member

    Joined:
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    Location:
    Sherman Oaks
    Vehicle:
    2011 Prius
    Model:
    Two
    Brand new III with Nav is 25,400 from Dianne in LA- just to give you an idea. I was also looking to buy a used III rather than a new II - but decided the new II ($23,000) made more sense and then simply add a Rosen for less than $1,000 more and have a new car with better system
     
  8. FrancescoS

    FrancescoS New Member

    Joined:
    Feb 20, 2011
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    Location:
    Albany, NY
    Vehicle:
    2010 Prius
    Model:
    III
    Nope. Seller's remorse.

    I sold them that car 5 weeks ago because I was leaving the country and had to come back. I bought it new 2/2011 from another dealer for $27,500 out-the-door and 0.9% APR and did 3 payments of $416.

    After paying TFS I got $3200 check.

    Now I'm considering getting it back. I'd loose $1992 in taxes and $1500-$2000 in interest. I think 2.9% is the best I can get now with a score of 657.

    PS: don't be an nice person when talking to people. Thanks.


     
  9. SageBrush

    SageBrush Senior Member

    Joined:
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    Location:
    Southwest Colorado
    Vehicle:
    2012 Prius v wagon
    Model:
    Two
    If I decide to laugh at you, don't worry. It will not be subtle
     
  10. StuffOnARock

    StuffOnARock Member

    Joined:
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    Location:
    Los Angeles, CA
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    I would suggest one thing, looking at this as two transactions, the sale and the purchase.

    The sale is done and over with, the purchase is the question (obviously, I'm just stating...). When you're purchasing, you're getting a higher interest rate no matter if you buy your old one or a new one, the 1500-2000 is lost no matter what. So let's forget about it and toss it out of the discussion..

    The taxes you're going to have to pay on any vehicle, so let's just put that aside for now.

    So, the question is, what do you want and what are your options? Did you LOVE that vehicle and have great memories in it or something, so much that you want THAT specific vehicle back vs an identical one? I'm guessing with 5k miles probably not, but it's not out of the question. What's the market like for new and used vehicles where you live? Is it realistic in your area to buy, like MikeR5 says, a 2011 III for 25,400? Is the certified 100k mile warranty something you place value in? What are your chances of your plans changing and leaving the country again? Do you even want a new Prius or is it choice old Prius or something new? Is it just uncomfortable for you to buy a new Prius because you just sold a perfectly good one? Do you absolutely have to have a vehicle soon?

    Ok, those were a lot of questions but I think we need more info to help you out. ;)

    IMO:

    If you really love that specific car, just buy it.

    If you can get a new one, for 500 + the difference in tax more, you should buy new. I would think less mileage + 1 year newer, you'd get that back when you sell and then some.

    If you have to pay MSRP then it gets more hazy, you're saving, what 3000 plus the tax difference, still not a whole lot of savings of sticker but it is a Prius... demand is high, can you hold off until demand goes down a bit?