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

CPO 2013 Prius Two - price advice

Discussion in 'Dealers & Pricing' started by mobbarley, Feb 3, 2017.

  1. mobbarley

    mobbarley New Member

    Joined:
    Jan 30, 2017
    11
    2
    0
    Location:
    Minneapolis
    Vehicle:
    2017 Prius
    Model:
    Two
    Hi all,

    I'm currently in the market for a Prius. Going through some of the numbers, I'm currently considering the following 2 cars:

    CPO 2013 Prius II, 26,750 miles, $14,200. Vehicle was a personal lease. From the carfax it looks like it went through service every 5000 miles at the Toyota Dealership that is selling the car. List was $14,990 but I talked them to $14,200 sight unseen.

    Other option is a new 2017 Prius Two quoted at $22,994, haven't tried to talk price down yet.

    Just wanted to see if I can get some thoughts between the value/cost of each?

    Thanks!
     
    #1 mobbarley, Feb 3, 2017
  2. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,703
    48,946
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    seems like a decent price, as far as comparison, it's night and day. have you tested both vehicles and looked at all the features?
    personally, i would buy a gen 4, if i could afford it, but the gen 3 is a great car.
     
    #2 bisco, Feb 3, 2017
  3. mobbarley

    mobbarley New Member

    Joined:
    Jan 30, 2017
    11
    2
    0
    Location:
    Minneapolis
    Vehicle:
    2017 Prius
    Model:
    Two
    Thanks, bisco. I haven't test drove the Gen 3 yet, although I've driven around in one of my friends'. I've recently moved to Minnesota and have been driving a lot more miles lately, I'd like to get a 2017 but also thinking I might get good value going for a used car for the next couple years. Might try to see if I can talk the CPO one down a little more. I do like the idea of 100k powertrain warranty that comes with it...
     
    #3 mobbarley, Feb 6, 2017
  4. mmmodem

    mmmodem Senior Taste Tester

    Joined:
    Nov 17, 2011
    2,732
    1,703
    0
    Location:
    Bay Area, CA
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    I love math.

    All else being equal, if you buy the new Prius, after 5 years, you will have a 2017 Prius worth $14k. (Or $13k private seller) You would've spent $9000-$10000

    If you get the CPO, you would have a 10 year old Prius worth about $6000 - $7000 based on used prices for a 2007 Prius. You would've spent $7000 - $8000 over the same 5 years.

    The 2013 is overpriced IMO. For -~$2000 extra I'd get the 2017 or find a 2013 in the $12k range.
     
    #4 mmmodem, Feb 6, 2017
    Kramah313 likes this.
  5. vegan

    vegan Junior Member

    Joined:
    Jul 29, 2016
    25
    14
    0
    Location:
    Knoxville TN
    Vehicle:
    2015 Prius v wagon
    Model:
    Two
    2017 has enhanced safety features that make it the better buy.
     
    #5 vegan, Feb 6, 2017
  6. mobbarley

    mobbarley New Member

    Joined:
    Jan 30, 2017
    11
    2
    0
    Location:
    Minneapolis
    Vehicle:
    2017 Prius
    Model:
    Two
    Thanks, I appreciate the feedback! Was totally ready to pull the trigger on a new 2017 Prius Two, coming in at about $22,400 before taxes, title, etc. Just saw a 2015 CPO at a reputable dealership listed at $14,400 with 24,600 miles on it, tempted to see what kind of price I can get on that if they are willing to negotiate.
     
    #6 mobbarley, Feb 10, 2017
    mmmodem likes this.
  7. mmmodem

    mmmodem Senior Taste Tester

    Joined:
    Nov 17, 2011
    2,732
    1,703
    0
    Location:
    Bay Area, CA
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    There you go. A 2015 at that price makes the math more acceptable.
     
    #7 mmmodem, Feb 10, 2017
  8. mobbarley

    mobbarley New Member

    Joined:
    Jan 30, 2017
    11
    2
    0
    Location:
    Minneapolis
    Vehicle:
    2017 Prius
    Model:
    Two
    Turns out it was too good to be true. It was listed at $14,400 on the toyotacertified.com inventory page but listed at $17,500 on the actual dealer website. Just trying to get the price down on the 2017 Prius Two now
     
    #8 mobbarley, Feb 10, 2017
  9. mmmodem

    mmmodem Senior Taste Tester

    Joined:
    Nov 17, 2011
    2,732
    1,703
    0
    Location:
    Bay Area, CA
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    Don't be discouraged. I just bought an SUV for $16300 advertised at $17900. It was on the lot over 60 days so they apparently were in the mood to deal.
     
    #9 mmmodem, Feb 10, 2017
    Raytheeagle likes this.
  10. 09Prius2

    09Prius2 Member

    Joined:
    Aug 20, 2016
    201
    88
    0
    Location:
    FL
    Vehicle:
    2009 Prius
    Model:
    Two
    The first number was likely what the dealer paid for the car. The auction prices are trending around 14k. The newer one would probably be around 18k at dealer auction.
     
    #10 09Prius2, Feb 13, 2017
(You must log in or sign up to post here.)