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Is better to buy a higher mileage Gen 3 for ~12-13k or a lower mileage Gen 3 for ~16k+?

Discussion in 'Gen 3 Prius Main Forum' started by i<3theventurafwy, Oct 17, 2017.

  1. i<3theventurafwy

    i<3theventurafwy Junior Member

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    In the process of looking at potential 2012-2015 Gen 3s to get, I've noticed that lower mileage (50k or less) vehicles tend to be several thousand dollars more expensive than higher mileage (typically 75k+) vehicles, with obvious adjustments on a individual basis to due to per year usage, car history, and trim. My budget for this car was ideally going to be around the cost of the higher mileage cars (i.e. ~12k), but I didn't know if it was worth it to spend more than that for one with fewer miles given the need for battery replacement. Does anyone have any thoughts on this or resources that might help clarify?
     
  2. bisco

    bisco cookie crumbler

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    you're in cali, so the battery is warranted for 10/150.

    you get what you pay for, so the mileage and cost are really a personal decision.

    if it were me, i would decide how long (years and miles) i wanted to keep the car, how old it would be when i was getting concerned about major repairs, and work backward from there.
     
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  3. CNYhybrid

    CNYhybrid Member

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    The higher the mileage the more likely that you have existing or imminent issues. In my opinion spending more to get lower mileage (and of course you will check the Carfax for service records) will pay for itself in not having to deal with problems and getting higher resale value when you sell. Go for a trim level that has options you will enjoy having. Good luck!

    SCH-I545 using PriusChat mobile app
     
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  4. JC91006

    JC91006 Senior Member

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    Buy within your budget, get the higher mileage car. By the time the car wears out, hopefully your budget will be enough for a Lexus
     
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  5. Raytheeagle

    Raytheeagle Senior Member

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    Just be careful what Lexus you test drive;).

    You'll like them all(y).
     
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  6. Moving Right Along

    Moving Right Along Senior Member

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    I'd stick with your budget and get the best car you can afford for that amount. If you're not firm on your budget, car salespeople will know it and they'll get you to spend a whole lot more that you were ever planning on.

    Basically, use your budget to determine the car; don't use the car to determine your budget.
     
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  7. i<3theventurafwy

    i<3theventurafwy Junior Member

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    Lexus cars seem nice every time I see them, but they don't have anything comparable in gas mileage to a Prius. :/

    Okay, that's nice to know it'll have a better warranty. What is the typical lifespan of a battery, though? Google results were showing a lot of conflicting information, so I was wondering if there was a consensus for what could be expected on average, or how likely it would be that the battery will need replacement before the warranty expires.

    Regarding the expected usage, I don't really know how long I want to keep the car. I suppose five to seven years at the very least, but it really is going to depend on technological advancements and my own financial situation in the future. I'm also not sure what you mean by how old it would be when I was getting concerned about major repairs - can you clarify that? I thought I would be getting concerned about the need for major repairs based on the mileage and age of the Prius, but I don't know which mileage or age that would be.

    All the trims seem to be the same in the 2012-2015 for features I actually would need, aside from the advanced technology package on the 2014 and 2015 Fives. I've resigned myself to not getting any "smart" safety features, so as long as I have a backup camera I think I'm good haha.

    Good advice, thanks. I should note that the budget isn't perfectly firm - I'd rather get a better deal than rigidly adhere to a certain price point - but I'll definitely remember to not reveal that sort of information to a salesperson.
     
  8. bisco

    bisco cookie crumbler

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    the car is built to last 180k on average, but the battery health is more time related than miles. they like to be used.
    so, a 2012 with 75k should be good for another 4-5 years, depending on how much you drive it. but there are anomalies, of course.
     
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  9. Moving Right Along

    Moving Right Along Senior Member

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    For battery lifetime, based on True Delta data, less than 1% fail in the first 10 years, and after that, 2nd generation Prius batteries seem to fail at approximately 3% and 1st generation Prius batteries seem to fail at 10-15%. According to polls and threads here on Prius Chat, approximately 15% of 2nd generation Prius batteries fail within 200,000 miles. Although some 3rd generation Prius batteries have failed, we do not yet have enough information to spot trends. However, there are similarities between 2nd and 3rd generation batteries.

    From an odds standpoint, I'd put your approximate chances of battery failure in a 3rd generation Prius at 1 in 200 or more while the car is under 10 years old, 1 in 33 when the car is between 10-15 years old, and 1 in 6 or less when the car is older than 15 years old.
     
  10. JimN

    JimN Let the games begin!

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    Buy the car you can afford and still have an emergency fund to cover the unexpected. I would prefer newer and lower but it all depends on the specifics of the two cars that are being compared.

    Set a limit on how much you are willing to spend on eventual repairs. Any car held long enough and driven enough will become a money pit. Know when it is time to move on.
     
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  11. Grit

    Grit Senior Member

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    I would go for higher mileage low priced 2012 gen 3. According to KBB, a car's value plummets in the 1st 5 years. For this year 2017, if you buy a 2012, the value of car will stay steady and will depreciate in value with miles driven. Also the few thousands you saved will become your emergency unexpected repair fund. If the car doesn't need any major repairs, the emergency fund will be enough (saved up) to move up on car in the future. Inspect the car yourself and check out the carfax, if it checks out fine then go for it.
     
  12. i<3theventurafwy

    i<3theventurafwy Junior Member

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    I'm having a lot of trouble finding a Gen III in the 12k range that I feel comfortable about, so I decided to expand my search to at least consider the possibility of a significantly cheaper Gen II assuming it has ESC, side/curtain airbags, and (I'm being greedy) a backup camera. I know this is the Gen III forum, but I thought it would be best to ask questions about the Gen II here considering it is part of a decision where a Gen II is still the primary focus. If a moderator wants to add a Gen II tag to the thread, it's obviously something I'm fine with.

    That said:

    I've heard that 2009 is not a great year for Gen II's. Is that true, and if so, am I correct in thinking that 2007 and 2008 are the years to look at instead?
     
  13. MelonPrius

    MelonPrius Senior Member

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    Usually, the last year of a model is a good one, since Toyota has had years to work out the problems. As per CR, the 2009 is very reliable- certainly not less reliable than the previous years for the gen 2. The only average area for reliability is power equipment. Everything else is above or way above average.
     
  14. Moving Right Along

    Moving Right Along Senior Member

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    I've read exactly the opposite. 2009 is the only model year Prius that Car Complaints gives its "seal of awesome", and the graph on Dashboard Light (below) shows the 2009 model at a lower failure rate than any other model year until 2014 & 2015.If you look at the graph as an overview, pretty much any Prius from 2008 or newer is likely to be reliable, but the 2009 is a little bit more reliable than most years.

    [​IMG]
     
  15. benkhanobi

    benkhanobi Member

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    Seems to me, a Toyota Certified pre-owned Prius is the way to go- most dealers sell them with longer mileage warranties than a new car.
     
  16. i<3theventurafwy

    i<3theventurafwy Junior Member

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    Thanks for the continued input. I managed to find a 2013 Two with roughly ~75k miles for $13,500. Is that price in line with what would be considered a good deal?
     
  17. bisco

    bisco cookie crumbler

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    i would say an average deal, but cali is different than other places. it's a good deal if it's the best deal you can find. can you talk them down at all?
     
  18. Grit

    Grit Senior Member

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    Good info. Not trying to be a smartbutt but where did you get that graph?
     
  19. Moving Right Along

    Moving Right Along Senior Member

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  20. mmmodem

    mmmodem Senior Taste Tester

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    That's about the going price for a 2013 with those miles. So that's neither good nor bad. A good deal would be $12,500.