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Sell your Gen III Prius for profit?

Discussion in 'Gen 3 Prius Main Forum' started by noweyout, Apr 18, 2011.

?
  1. Yes! I can finally use it to get something else that I've always wanted!

    5 vote(s)
    5.4%
  2. No! I don't care how much $$$ I'm offered, I love my car!

    15 vote(s)
    16.3%
  3. No. This is my best economical\practical option.

    45 vote(s)
    48.9%
  4. Maybe?? How much $$$ are we looking at here??!!?!

    27 vote(s)
    29.3%
  1. noweyout

    noweyout Trying to get used to it

    Joined:
    Sep 8, 2010
    24
    1
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    Location:
    SoCal - SGV
    Vehicle:
    2010 Prius
    Model:
    III
    Gas prices are going up and inventory on Prii are low. Would you consider selling your Gen III if you can make a profit out of it (e.g. pay off car and nice chunk of change for another car)? :confused:
     
  2. ozarkgolfer

    ozarkgolfer Junior Member

    Joined:
    Apr 22, 2010
    76
    4
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    Location:
    Rogers, AR
    Vehicle:
    2010 Prius
    Model:
    IV
    Gas prices headed for $5 a gallon according to some 'experts'.
     
  3. DonDNH

    DonDNH Senior Member

    Joined:
    Feb 3, 2004
    1,711
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    Location:
    Nashua, NH
    Vehicle:
    2016 Prius
    Model:
    Four Touring
    I suppose I could trade my 2010 for a 2011; but is there any advantage to that what with the short supply?
     
  4. Dweezil

    Dweezil Cat Juggler

    Joined:
    Jan 5, 2011
    162
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    Location:
    St. Louis
    Vehicle:
    2010 Prius
    Model:
    V
    If I could sell the Blue Guac and get enough money to pay off the loan (which has the balance of a previous car on the note), I would consider it. But then, I would want to go out and buy another Prius. So, unless someone is willing to pay me a boatload of $$$, I'm perfectly happy with my car.
     
  5. krelborne

    krelborne New Member

    Joined:
    Feb 2, 2011
    295
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    Location:
    Alabama
    Vehicle:
    2010 Prius
    Model:
    II
    It would be interesting if the Prius C came out, the Prius turned out to be worth more than its original purchase price, and current owners decided the C would be a better idea for them. You could swap cars for something you like better without taking much or any loss on the trade in.
     
    1 person likes this.
  6. Paul58

    Paul58 Mileage Miser

    Joined:
    Jul 31, 2010
    1,126
    125
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    Location:
    Atlanta
    Vehicle:
    2010 Prius
    Model:
    III
    I'm not sure there's really any profit to be made, unless you decided not to replace the Prius you sold and walked or cycled everywhere you go! There's not another car currently "available" that gets the gas mileage of the Prius. Selling it for another less economical vehicle would most likely cost you more in the long run.
     
  7. vnhk

    vnhk New Member

    Joined:
    Dec 17, 2009
    106
    21
    0
    Location:
    san jose
    Vehicle:
    2010 Prius
    Model:
    III
    Sell my Prius and buy what? Once you go Prius, you could never go back :) (Well, at least until there are better alternatives)
     
  8. exbauer

    exbauer Active Member

    Joined:
    Aug 16, 2006
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    Location:
    Washington
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    I had a buyer lined up for my 2010 3 weeks ago for more than what I paid for it minus taxes and fees. I was on the hunt for a Lexus CT 200h. But, buying the CT at MSRP didn't seem appealing to me and they were hard to find. In the end I am glad I kept my Prius and still get that happy feeling seeing it afar and walking up to it.
     
  9. Jim E.

    Jim E. Junior Member

    Joined:
    Dec 2, 2010
    48
    3
    0
    Location:
    Eagle Lake, MN
    Vehicle:
    2010 Prius
    Model:
    II
    Only if I could get enough to make a decent dent towads the purchase of a PHEV when they become available in MN. Yes, I live in a fantasy world.
     
  10. lwhanna4x4

    lwhanna4x4 retired

    Joined:
    Mar 11, 2011
    34
    2
    0
    Location:
    Cambridge, Illinois
    Vehicle:
    2010 Prius
    Model:
    II
    No. I will run that sucker into the ground. Hopefully I will be in the ground before it.

    It is to ballance my fuel costs against the truck and sports cars.

    But, I would not turn down a retail offer.
     
  11. BhamPrius

    BhamPrius Member

    Joined:
    Jan 19, 2011
    128
    19
    0
    Location:
    Bellingham, WA
    Vehicle:
    2010 Prius
    Model:
    II
    I bought my 2010 II for $21,300 in Feb. Last week I KBB'd the value of my ride including the 3k miles, upgraded tint, dvd, navigation, & CD/mp3 player. Its value was listed at $28,000. Any takers? ;)
     
  12. 2k1Toaster

    2k1Toaster Brand New Prius Batteries

    Joined:
    Feb 14, 2010
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    Location:
    Rocky Mountains
    Vehicle:
    2006 Prius
    Model:
    Three
    Buy 2 or 3 more now, wait until gas really explodes, then sell them for a hefty profit and pay off your original Prius that you get to keep. Win win for you.
     
  13. macmaster05

    macmaster05 Senor Member

    Joined:
    Sep 27, 2009
    4,050
    730
    5
    Location:
    USA
    Vehicle:
    2010 Prius
    Model:
    Two
    The idea of trying to sell at a profit is ludicrous. All of the time and anxiety you spent trying to find and buy your perfect car, and for what, $500? Ok, $1000? There are better ways to make quick money.
     
  14. macmaster05

    macmaster05 Senor Member

    Joined:
    Sep 27, 2009
    4,050
    730
    5
    Location:
    USA
    Vehicle:
    2010 Prius
    Model:
    Two
    Oh yeah I guess that's why the Bay Area is selling 2011 IIs for $24k.:rolleyes:
    New 2010 & 2011 Toyota Camry, Prius, Corolla, RAV4 or Venza For Sale in Sunnyvale & the Bay Area
    By the way modifications usually lower the value of the car. I believe KBB values reflect OEM upgrades.

    No doubt prices and values have gone up, but to seek short term profit in cars as common as the Prius is shoddy economics.
     
  15. twittel

    twittel Senior Member

    Joined:
    Jul 7, 2010
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    Location:
    Mt. Pleasant, SC
    Vehicle:
    2010 Prius
    Model:
    III
    +100
     
  16. twittel

    twittel Senior Member

    Joined:
    Jul 7, 2010
    1,605
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    Location:
    Mt. Pleasant, SC
    Vehicle:
    2010 Prius
    Model:
    III
    The ONLY WAY I'd sell my Prius is if I could double my MPGs, not my dollars.
     
  17. Motorman

    Motorman Junior Member

    Joined:
    Apr 18, 2011
    14
    2
    0
    Location:
    WA
    Vehicle:
    2011 Prius
    Model:
    II
    Read "Why your world is about to get a whole lot smaller" by Jeff Rubin, leading economist for CBIC Canadian investment for last twenty years. Jeff is predicting $7 per gallon gas. It makes a lot of sense, supply and increasing demand. I'm sure glad I goy my Prius when I did.
     
  18. Dweezil

    Dweezil Cat Juggler

    Joined:
    Jan 5, 2011
    162
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    Location:
    St. Louis
    Vehicle:
    2010 Prius
    Model:
    V
    Killjoy.

    :D
     
  19. Rocco42

    Rocco42 Member

    Joined:
    Mar 21, 2011
    115
    30
    11
    Location:
    Rosendale, NY
    Vehicle:
    2011 Prius
    Model:
    Three
    I wouldn't sell it, but I might trade my III for a V, fully loaded!
     
  20. noweyout

    noweyout Trying to get used to it

    Joined:
    Sep 8, 2010
    24
    1
    0
    Location:
    SoCal - SGV
    Vehicle:
    2010 Prius
    Model:
    III
    I just thought it might be worth while to purchase another car (not that I don't like the Prius). And seeing ads for the Prius marked way up just got me thinking.