Diane Whitmire in the News, Demand Increasing

Supply and Demand drives business. If the supply suddenly drops and the demand is constant, then the price of goods goes up. I'd be very surprised if any dealer would currently be selling their remaining Prius automobiles at anything less than the sticker price.

Keith


P.S. I bet the board of directors at Toyota now wishes that they would have followed through with their plan a couple of years ago to manufacture/assemble the Prius here in the U.S.A. There are some advantages to manufacturing diversification.

 

a short term gain for dealers. either more prius will become available or they will not have any to sell. constant supply just behind demand is the best scenario for them and for used prius sales. purchasers may not be back in the drivers seat for awhile.

i checked a few local dealers today, they are down from 30-50 to 5-15 from the last couple months and only a fe high end 2010's around.

 

Yup.. Not to mention the current Yen-USD exchange rate favors building factories here in the U.S.-- It's actually cheaper for Toyota to produce their cars here in the U.S. than to do it in Japan due to the depreciating U.S Dollar.

 

No big surprise... we are just below $4.00/gal up here...

 

I suspect that gas prices (at the pump) have probably peaked for the moment. (That is unless things get more unstable in the Middle East.) Over the long term, prices are driven by Supply and Demand as previously stated. Over the short term, prices fluctuate because of speculation (as they did 2 years ago when pump prices went nuts because of the over reaction to "Peak Oil Theory").

Keith

 

Totally agree but for buyers, perception is reality. I think prices would have gone much higher but now with the tragedy in Japan... perhaps not so much.

 

Toyota Sunnyvale's 'good,better, best' ad for Prius ...

Prius Three w/o nav has gone up $600 in price to $23,588 in 3 weeks time. They are still showing 31 at that price in newspaper.