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Wow, used Prius' overpriced!

Discussion in 'Gen 2 Prius Main Forum' started by cycledrum, May 20, 2008.

  1. kmstampe

    kmstampe Look out here comes Ozzie!

    Joined:
    Mar 29, 2008
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    Location:
    Leighton, IA
    Vehicle:
    2006 Prius
    Just called a dealer in South Dakota. Had 4 2007 Prius, only one left, package #1, 35,000 miles $24,995 firm! Yikes!
     
  2. BIGGDOGG

    BIGGDOGG New Member

    Joined:
    Jan 1, 2008
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    Location:
    Morristown,NJ
    Vehicle:
    2008 Prius
    I bought my NEW 08 pkg #2 for almost 2k less than that used 07. See what I mean.
     
  3. Fibb222

    Fibb222 New Member

    Joined:
    Apr 25, 2006
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    Location:
    Canada
    Vehicle:
    2004 Prius
    I bought my 2004 used with 60,000 km in October 2006 and paid $25,000 CDN. I saved about $12-14,000 over a new one. Don't complain if you can get a new one for less than I paid for a 3 year old vehicle. Cars in Canada are severely higher priced than in the USA. Considering our CDN dollar is above par with the US dollar doesn't seem to help much. Not yet anyway.
     
  4. penbed

    penbed New Member

    Joined:
    May 8, 2008
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    Location:
    USA-Arkansas
    Vehicle:
    2008 Prius

    Bought mine (2008) new for $24,500.
    Say,where did you get a stubby ant?
    I do not care for the shark fin or the oem.
     
  5. Sufferin' Prius Envy

    Sufferin' Prius Envy Platinum Member

    Joined:
    Jul 7, 2004
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    Location:
    USA
    Vehicle:
    Other Non-Hybrid
    ABSOLUTELY! :)

    "Free market and all that, right?"

    Yeah . . . in comparison to what? :glare:
    Quotas for what will be built, when it will be built, how it will be built, and the associated years long waiting lists to be granted permission to buy one?

    That system didn't work in the Soviet Union, China, Cuba, North Korea, etc, etc.

    Rejoice? ABSOLUTELY!
     
  6. JimN

    JimN Let the games begin!

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    Location:
    South Jersey
    Vehicle:
    2010 Prius
    Model:
    V
    Everything is worth whatever someone is willing to pay for it. If you believe the price is too high then keep looking until you find one for what you want to pay. For example, in the US we call $4 gas expensive. In Europe its called a bargain. Perhaps it will become natural that a Prius will appreciate in value.
     
  7. 928Quest

    928Quest Junior Member

    Joined:
    Mar 20, 2008
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    Location:
    Gilbert, AZ
    Vehicle:
    2008 Prius
    Yes, I second that, EXACTLY right. It's the opportunity to make profit that spurs innovation. Seen any cool hybrids from any Communist state, surely North Korea or Cuba must have one. How about the socialist paradise of Sweden, no, I guess not. Communist China is developing some but it's the capitalist buisness men doing it.

    A great car is not a Democrat / Republican, Liberal / Conservative thing, it's a capitalist thing.

    If you take away the incentive to be great, then nobody tries, 100's of examples of this.
     
  8. spitinuri

    spitinuri Member

    Joined:
    May 23, 2008
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    Vehicle:
    2004 Prius
    Quite honestly the price hike in used is great for anyone who already owns a prius. Not great for people looking to buy. If you do your research a 2004 Prius retains about 75% of its value. No other car I know of does that. It is possible if gas were to get to $5/gal you might get close to retail on these old cars. It's guns and butter economics. Demand high, supply low = higher prices.
     
  9. kenmce

    kenmce High Voltage Member

    Joined:
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    Location:
    NY
    Vehicle:
    Other Hybrid
    Model:
    Limited
    I stopped by my local Toyota dealer. They have no Pri on the lot, not new, not used, no rental, no nothing.