1. Attachments are working again! Check out this thread for more details and to report any other bugs.

budget-minded consumer

Discussion in 'Gen 3 Prius Main Forum' started by Olette49, Jun 14, 2009.

  1. Olette49

    Olette49 Junior Member

    Joined:
    Jun 9, 2009
    6
    1
    0
    Location:
    Falls Church, VA
    Model:
    II
    i'm currently driving a 12 year old car with a manual transmission. it's been a great, reliable car, fairly decent gas mileage, but, i've wanted a prius from day 1, so am really looking forward to my new gen 3 Prius, level II (base only). i'm very economical and have lived without ABS, ESC, keyless entry, a CD player, a sunroof (heck, i don't even have a working tapedeck at the moment), but am still wondering if i'm buying the right Prius. 2 questions: 1) Is the gen 3 really that much better than a gen 2; for the budget-conscious, would I be equally happy with a good, used gen 2? 2) if i'm gonna spring for the gen 3 and expect to have the car for 10+ years like my last 2 cars, would going to the level III for the backup camera, upgraded stereo and bluetooth be worth it? as i already use a wireless transmitter to listen to my books on tape and assume i can do the same with our portable XM radio and am giddy with my new $150 portable Garmin GPS, it's not clear to me that I need to spend another $2000-$3000 on the upgrade from level II to III for any of these features. any feedback from new owners? regrets from gen 3 Level II owners?
     
  2. F8L

    F8L Protecting Habitat & AG Lands

    Joined:
    Aug 14, 2006
    19,011
    4,081
    50
    Location:
    Grass Valley, CA.
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    Pure economics would say buy a used GenII. You can get a much better price and some of the useful features like SKS and VSC without feeling like you're upgrading. I'm sure you could find a 2005-2007 for nearly half the price of a brand new GenIII level II.
     
  3. LoveMyPriusIII

    LoveMyPriusIII New Member

    Joined:
    Jun 14, 2009
    66
    5
    0
    Location:
    Florida
    Vehicle:
    2010 Prius
    Model:
    III
    Sounds like you buy new and keep for a good time, just like me. I hear it's the smartest way to go economically speaking. The 2010 is an amazing car and I would recommend sticking with that idea as opposed to a used 2009. As for me it was worth the extra $1000 for the upgraded sound system, built in Bluetooth system, and XM ready radio. I believe that is the only difference between the II and the III, besides the III having the sunroof and navigation option available. I have my TomTom so I am glad I skipped the navi option. So to sum it up, if it is not worth an extra thousand dollars for you to get those three little extra features than I don't think you will have any regrets!
     
  4. brick

    brick Active Member

    Joined:
    Dec 10, 2006
    1,083
    78
    0
    Location:
    Upstate NY
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    If I were buying a new car right now, I'd go ahead and get the third gen. I think there's a lot to be said for the better seats and the tilt/telescopic steering wheel all by themselves. If you want to save a little money, just wait until sales have cooled down a bit and you should be able to get a better price.
     
  5. Blauer Glimmer

    Blauer Glimmer Active Member

    Joined:
    May 2, 2009
    448
    169
    0
    Location:
    NY (Southern Tier)
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Advanced
    I would agree with F8L on this. Althought the GenIII has many advantages over GenII, you will get a lot more for your money with a gently used GenII and be able to keep it for 10+ years. You can get some of the features you would be missing on a base GenIII and be getting a great car. There should be a lot of deals on them right now if you need to get a car quickly.
     
  6. geeky teacher

    geeky teacher New Member

    Joined:
    Jan 18, 2007
    393
    7
    0
    Location:
    West Suburban Chicago
    Vehicle:
    2007 Prius
    Better seats on the 2010 would be worth it to me, but I don't need the extra toys (although I would really enjoy the solar moonroof).
     
  7. turapeach

    turapeach Member

    Joined:
    May 18, 2009
    100
    36
    0
    Location:
    Lexington, KY
    Vehicle:
    2010 Prius
    Model:
    II
    Since the base price for the 2010 is so much lower than what people paid for most Gen IIs, I'm having trouble finding good deals on the Gen IIs. I'm hoping the Gen II prices will get better as more people pick up their Gen IIIs (no offense to the Gen II owners I will be looking to buy from..). I am also a "budget-minded consumer" and will primarily base my decision on the cost per expected mile of use. I factor in the change in gas mileage from the Gen II to the Gen III and assume that we will drive the car to 200,000 miles (hopefully longer, but I had to pick a number for my spreadsheet).
     
  8. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,369
    15,511
    0
    Location:
    Huntsville AL
    Vehicle:
    2018 Tesla Model 3
    Model:
    Prime Plus


    You have a joy of choices:

    • 2009 (clearance) - you get new car warranty for a model that has all of the enhancements learned over time. Check Ebay as the options may be limited and you may find only the top-end, unsold units are available.
    • 2010 - you get a car that is likely to have one or more, as yet to be discovered, latent defects. However, it is a marvel of engineering and the early data suggests +5 MPG and possibly more.
    Either way, you are going to be quite happy.

    Bob Wilson
     
  9. Tideland Prius

    Tideland Prius Moderator of the North
    Staff Member

    Joined:
    Oct 2, 2004
    44,901
    16,125
    41
    Location:
    Canada
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    I'd buy new if you were to keep it so that you can maximise the hybrid warranty (which I think is 10 years/100,000 miles on your state).
     
  10. yardman 49

    yardman 49 Active Member

    Joined:
    Mar 26, 2009
    606
    77
    0
    Location:
    Northern Kentucky
    Vehicle:
    2009 Prius
    Hello Olette:

    Welcome! :welcome:

    As others have pointed out, you may want to look at a "gently used" 2009, Generation 2. Or, you may just be able to find a really good buy on a new 2009. Some of the option level packages on the G2 seem to be a little better value, IMHO. For instance, you don't get the "three door SKS" (Smart Key System) until you get to model IV on the G3; levels II and III only have a "one door SKS". But all G2s with the SKS get the three door version.

    The 2009s are the "end of the line", and have all the little fixes and enhancements included for the Generation 2s. The G3 is basically a brand new creature, and may have a few small growing pains to go through. That being said, those here who have already bought the G3 really like the improved gas mileage, power, and handling.
     
  11. radiocycle

    radiocycle Active Member

    Joined:
    May 10, 2007
    550
    78
    0
    Location:
    Vallejo, CA
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    We love our '10 II and are glad we went for it rather than the Gen II. Our first ever Prius so I can't compare but I feel like we are going with the best possible technology at this time. Of course more toys are always fun but we have no bluetooth stuff and the stock audio sounds fine to us. If you could pick and choose all of the upgrades perhaps we would have the power lumbar and a moon roof, but for our $, we're very happy.

    radio
     
  12. Tech_Guy

    Tech_Guy Class Clown

    Joined:
    Jan 8, 2007
    868
    123
    0
    Location:
    Silicon Valley, CA --- Land of Fruits & Nuts
    Vehicle:
    2011 Prius
    Model:
    Two
    If your financial situation is somewhat stretched, then buy a new 2009 and keep it a long time. It may not be the latest and greatest, but it is still a really great car.

    Now if you can realistically afford it, then get a 2010 Version II (or Version III, without the integrated GPS nav). Right now is not a good time to buy a 2010. It is a new model and you the buyer are not in a very good position to negotiate a favorable price. Many dealers are adding extra junk that you don't want, don't need, and didn't ask for, and adding addtional markup. Wait a few months for the feeding frenzy to end and you will be able to save some money.

    Good Luck,

    Keith
     
  13. Martin37

    Martin37 New Member

    Joined:
    Apr 21, 2009
    200
    23
    0
    Location:
    Joseph, Oregon
    Vehicle:
    2010 Prius
    Model:
    II
    I ditto radiocycle and am picking up my IIIBLUEII this Wednesday. Being a big spender, I opted for the all weather mats! One advantage of a new GenII is that 0% financing may possibly still be available. Otherwise it seems to me that you might pay more for a comparably equiped GenII over the GenIII, trim II model. And you should qualify for a PenFed auto loan at 3.99%; a few folks have beat that thru their credit union.