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2011 Prius - is it time to sell?

Discussion in 'Gen 3 Prius Main Forum' started by itengineer, Jun 6, 2021.

  1. itengineer

    itengineer Member

    Joined:
    Oct 23, 2011
    83
    25
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    Location:
    Minneapolis
    Vehicle:
    2011 Prius
    Model:
    Two
    Only 100k miles but 10 years old
    Worried about hybrid battery failing.

    Can get 6K at Carmax..

    Seeing Prius Primes going for 22 (some travel needed)
    22 - 6 - 4.5 (Fed Tax Credit) = 11.5 :)
     
    #1 itengineer, Jun 6, 2021
  2. rjparker

    rjparker Tu Humilde Sirviente

    Joined:
    Jun 6, 2008
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    Location:
    Texas Hill Country
    Vehicle:
    2012 Prius v wagon
    Model:
    Three
    If you can get a Prime for $11.5k go for it.
     
    #2 rjparker, Jun 6, 2021
    mikey_t likes this.
  3. Grit

    Grit Senior Member

    Joined:
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    Location:
    Wilkes Land
    Vehicle:
    2012 Prius
    Model:
    Four
    which apps did you use to gauge that?
     
    #3 Grit, Jun 6, 2021
  4. itengineer

    itengineer Member

    Joined:
    Oct 23, 2011
    83
    25
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    Location:
    Minneapolis
    Vehicle:
    2011 Prius
    Model:
    Two
    No app and not a scientific analysis but seeing various websites state that the battery chemistry might be unreliable after 10 years
     
    #4 itengineer, Jun 6, 2021
  5. Fitcious

    Fitcious Member

    Joined:
    Feb 12, 2020
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    Location:
    Los Angeles
    Vehicle:
    2013 Prius
    Model:
    Four
    I believe the federal tax credit isn’t a full refund. It’s only beneficial if you owe taxes that equate that amount. If you get taxes back that federal credit doesn’t mean anything. Someone correct me if I’m wrong
     
    #5 Fitcious, Jun 6, 2021
    Threej and Grit like this.
  6. rjparker

    rjparker Tu Humilde Sirviente

    Joined:
    Jun 6, 2008
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    Location:
    Texas Hill Country
    Vehicle:
    2012 Prius v wagon
    Model:
    Three
    If you have income large enough to owe $4.5k in federal taxes you will get it even if you already paid through payroll deduction or quarterly payments. It has nothing to do with if you get a refund when you file your taxes. That just means you paid more taxes than required. If the Op is an IT Engineer gainfully employed, he probably pays enough federal income tax to qualify.
     
    #6 rjparker, Jun 6, 2021
    Solar Blue, Fitcious and itengineer like this.
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