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2007 trade in value?

Discussion in 'Gen 3 Prius Main Forum' started by stiv1, May 2, 2009.

  1. stiv1

    stiv1 New Member

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    Just wondering what one might expect for trade in on a 07 Prius package 2 closing in on 40k miles. Could use a detail otherwise in
    very good condition. I was told at a dealer in the East TN area
    that I could expect around 12,500. I thought that seemed low
    particularly as Edmunds states that it should be closer to 16k.

    Please forgive if this has been discussed.

    Any info would be greatly appreciated!
     
    #1 stiv1, May 2, 2009
  2. HTMLSpinnr

    HTMLSpinnr Super Moderator
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    Edmunds and KBB can vary by $1-2k. I'm not sure where most dealers track between the two, but it depends on the dealer.

    Once my 2002 is appraised, I'll let folks know which is "closer" for my scenario.
     
    #2 HTMLSpinnr, May 2, 2009
  3. winebuff

    winebuff Proud owner of a 2010 Prius

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    Sell it private party on craigslist. I just sold my 07 base, no frills with 51,000 miles on craigslist for $14,200 and it sold in 2 days. You have time to sell it now. Rent a car for a week or 2 if u have to. We had an extra vehicle so driving my husband's car now :) Definitely get more private and ez on craigslist. They go fast. That way u can afford the sunrrof!
     
    #3 winebuff, May 2, 2009
  4. jon_lancaster_toyota

    jon_lancaster_toyota Nate Riesen

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    The trade range given matches that national transaction history that I can see. The other comment about a private sale is also accurate.

    If I was selling you a Prius, I'd range your trade in the $12ks up to low $13s depending on the incentives that Toyota rolls out. The rumon in the Chicago Region is that we're going to see 0% for 60 months or a $1,000 cash rebate. This may lower trade values on the '05-'08 Prius that are going to be traded in for the '10s and '09s. It will not be a huge decrease but maybe it'll be 5-10%?

    At anyrate, I think the trade value offered is fair, it never hurts to ask for more of course.

    Good luck and happy ordering!
     
    #4 jon_lancaster_toyota, May 2, 2009
  5. paprius4030

    paprius4030 My first Prius

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    The bottom has dropped out on Prius trade in values. Granted my 08 has high miles but the $10,500. I was quoted by 3 dealers is crazy. None of the dealers i visited had any interest in taking mine in trade for the 2010 i have coming in.
     
    #5 paprius4030, May 2, 2009
  6. okiebutnotfrommuskogee

    okiebutnotfrommuskogee Senior Member

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    Same here, tried to trade my 07 with 15,000 miles for a new 09 touring at two different dealerships and both wanted over $12,000 difference.
     
    #6 okiebutnotfrommuskogee, May 2, 2009
  7. exbauer

    exbauer Active Member

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    same here. i have a 2009 touring pkg 6 with only 2000 miles and they are only giving me $20,000 for it. but, i get tax savings. i will just keep it. i was just curious what i could get for it since i have a 2010 on order. but, looks like i will cancel it.
     
    #7 exbauer, May 2, 2009
  8. paprius4030

    paprius4030 My first Prius

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    Yeah it's looking bleak for me keeping my 2010 I have on order also.
     
    #8 paprius4030, May 2, 2009
  9. stiv1

    stiv1 New Member

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    Thanks all for the responses. Think I will give craigslist a shot
    once the expected arrival date draws nearer. What a drag though.
    I was expecting around 15kish.
     
    #9 stiv1, May 2, 2009
  10. sluday

    sluday New Member

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    HOLY COW $414,200 for a 07 base Prius ..... That's the price of my house. :rofl::rofl:
     
    #10 sluday, May 2, 2009
    1 person likes this.
  11. paprius4030

    paprius4030 My first Prius

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    Don't forget he's giving you a $400,000 rebate:D
     
    #11 paprius4030, May 2, 2009
  12. Sandy

    Sandy Hippi Chick

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    I bought mine 2004 58K miles for about 10K out the door inclusing 599 dealer fee. that s why i bought they are cheap at the moment :) wait till gas goes up end of summer
     
    #12 Sandy, May 2, 2009
  13. winebuff

    winebuff Proud owner of a 2010 Prius

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    LOL, just noticed I put a 4 instead of a $ and changed it. And you thought I was smart? :)

    Sounds like I did ok for selling my 07 base, yes base, no frills with 51k for $14,200. I tho ught it was a bit low but now feel really good. Definitely put it on craigslist and its free. Like I said, it sold in 2 days. I am in Oregon so not sure if that helped. We are all green up here because we never see sun!
     
    #13 winebuff, May 3, 2009
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