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Depreciation

Discussion in 'Gen 3 Prius Main Forum' started by priusenvious1, Oct 27, 2012.

  1. priusenvious1

    priusenvious1 Member

    Joined:
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    Vehicle:
    2012 Prius Plug-in
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    Plug-in Advanced
    How much is depreciation on a Prius?
    I'm wondering if I should purchase a Prius used or new...
     
    #1 priusenvious1, Oct 27, 2012
  2. ny_rob

    ny_rob Senior Member

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    20% the first year.
    8% the second year.
     
    #2 ny_rob, Oct 27, 2012
  3. priusenvious1

    priusenvious1 Member

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    2012 Prius Plug-in
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    Plug-in Advanced
    So better to buy a 2011 right now? And how much is depreciation after that? If I wanted to buy a 2011 for roughly 28K and keep it for a couple years then sell it, do values retain well given that the miles are low?
     
    #3 priusenvious1, Oct 27, 2012
  4. fotomoto

    fotomoto Senior Member

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    Fuel prices have a HUGE affect on hybrid values.
     
    #4 fotomoto, Oct 27, 2012
  5. Jin

    Jin Blizzard PRIUS 2010, Nav+ solar roof

    Joined:
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    Location:
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    Vehicle:
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    IV
    Sell it when the fuel cost is 10 dollars in CA :ROFLMAO:you will get a premium!

    Buy Prius when toyota is in market crisis mode, like sudden acceleration, Asian market boycotting, and media bashing etc, you can get the best bang for your buck
     
    #5 Jin, Oct 27, 2012
  6. bisco

    bisco cookie crumbler

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    boston
    Vehicle:
    2012 Prius Plug-in
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    Plug-in Base
    best prius deal right now is a new pip.;)
     
    #6 bisco, Oct 27, 2012
  7. Silver bullit

    Silver bullit Right Lane Cruiser

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    San Diego, California
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    If that is what you want you might want to check out the lease options.
     
    #7 Silver bullit, Oct 28, 2012
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