Seriously considering selling/trading Prius V

Discussion in 'Prius v Main Forum' started by Bluesman2017, Apr 4, 2020.

  1. Bluesman2017

    Bluesman2017 Junior Member

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    Considering either trading in or selling privately my 2012 Prius V Three so I can purchase a RAV 4 Hybrid or maybe a Suburu Forester. Has a bit less than 40K miles. All maintenance done at dealership with exception of last oil change. A few dings. Unfortunately some guy with pickup truck left a hitch impression on my front bumper while I was in shopping. Question is should I spend the $900 or so to fix it or just sell as is?

    Have a few extras on it like two-tone grey leather heated seats and fog lights. Probably let the weather tech floor mats (front) and trunk mat go with it.
     
  2. Air_Boss

    Air_Boss Senior Member

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  3. rjparker

    rjparker Senior Member

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    With 40k I think you are good but I would certainly sell it privately. My understanding is car sales in OKC (and everywhere) have essentially stopped so you might advertise it and stay firm with a decent private party value until you can sell which might take a month or more. Traditionally this is the time to sell used cars since its tax refund time and soon to be stimulus checks but $1 gas and concern over future incomes may require deep discounting to sell immediately. They are good cars to drive and still get 40 or better mpg. Having someone drive it may be key. What color is it and what kind of price do you want?
     
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  4. mikefocke

    mikefocke Prius v Three 2012, Avalon 2011

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    I posted on CraigsList and had my choice of buyers in 4 hours. But that was back in June of last year and mine had more miles than yours but not excessive. I priced it fairly, at more than a dealer would pay me and less than what they would sell it for. I had people calling from as far away as 500 miles. I didn't even have a picture posted.

    This car is not for sale. I only post the ad I used to sell it as a suggestion.

    "Prius v 2012 5 seat hybrid station wagon ~55k miles Model Three white exterior with light grey interior with the following differences from the typical model Three:


    · Leather Seats and Armrests dealer installed with Toyota kit prior to delivery +~$700


    · LED DRL (Daylight Running Lights) dealer installed with Toyota parts +~$700


    · Weathertech rubber floor mats front and rear footwells and rear cargo area (Original mats included) +~$350 Snow, rain or even milk spills no problem.


    · Michelin Low Rolling Resistance tires, wiper blades, AGM 12v battery replaced


    · Oil and filter changed at 1k and every ~5k interval in contrast to typical 10k changes. Last change ~54.5k miles. Nothing but OEM synthetic oil used.


    · Two recalls performed. None outstanding.


    · Navigation firmware update and map update done, XM-radio (requires subscription), Entune, single CD


    · 2 remote key fobs, luggage section privacy cover, original hubcaps.


    · No accidents. Not even a metal chip. Some small bumper chips.


    · All service records available for inspection. Serviced only by a single dealer. Last inspection report at 54.5k miles


    · Probably the most upgraded, documented v you can find. Clear title. One owner. Needs nothing that I know of.


    Hybrid battery warranty good for 8 years from date of original purchase or 100k miles. Typically, they last twice as long. Brakes last maybe last 100k or more.


    41.6+ MPG over its lifetime (verify at fuelly.com under goodwitch).


    Kelly Blue Book $11.4k-$13.4k very good condition private party sale Carmax offers 2 similar but 92k and 130k miles and lesser upgrades at $13k+


    $12.0k due to upgrades and maintenance history."


    Sanford NC 50 miles south of Raleigh, 30 miles North of Fayetteville
     
  5. Bluesman2017

    Bluesman2017 Junior Member

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    Privately seems the better option. Should I fix the hitch ding on the front bumper or just discount it $900.
     
  6. Centerpunch

    Centerpunch Member

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    How bad is the front bumper? Pic?
     
  7. Bluesman2017

    Bluesman2017 Junior Member

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    Not too bad. Oh the car has fog lights and two-tone leather heated seats that were added on by the original buyer who didn't take delivery.
     

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  8. Bluesman2017

    Bluesman2017 Junior Member

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    Dark grey metallic. NADA puts it around $9500. Kelly BB is between $9373-$11,750. So with the extras like fog lights and two-tone grey heated leather seats I'm thinking around $10,500 to start. Dealers would sell it for at least $12500 around here.
     
  9. Centerpunch

    Centerpunch Member

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    Low mileage ones are VERY rare. I happily paid $15,500 last fall for my certified 24K mile 2013 from a Toyota dealer.

    Many buyers are looking for the best deal, but the smart ones are looking for the best car. I'd start high ($12K?), you can always come down. If your state has a front license plate, maybe relocate it over the bumper flaw.

    I'd post on both Craigslist and Facebook. Facebook actually better these days- fewer scammers, and you have a reasonable chance of knowing who you are dealing with, whether buyer or seller.

    In my experience, price guides are always wrong by thousands of dollars for unusually low mile cars of any model and brand.
     
    #9 Centerpunch, Apr 14, 2020
    Last edited: Apr 15, 2020
  10. The Electric Me

    The Electric Me Go Speed Go!

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    I would definitely try to sell it private party.
    I don't think I would invest into fixing that ding.
    In selling it I would be open and honest about the ding.
    Price so you have some wiggle room to negotiate IF you find a buyer or buyers look for a discount because of the ding. But otherwise don't assume they will and/or that you need to discount the price. Even if you find you have to negotiate, it's likely you can negotiate to a sale, at some discount less than $900.
    Not trying to be sleazy here, but you might find a lot of buyers willing to overlook that ding, and/or willing to pay a fair price and fix it themselves.
     
  11. Leadfoot J. McCoalroller

    Leadfoot J. McCoalroller Senior Member

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    Your car is more valuable than what most dealers offer because you can offer the maintenance history- car dealers can rarely offer anything more than a carfax and those are usually woefully inadequate.

    On the other hand, car dealers can offer financing, which is pretty much the secret ingredient for selling any car for more than a few thousand bucks. Hopefully the banks in your area are still writing auto loans, otherwise the buyer pool will be pretty small.

    I would not bother to fix the hitch dent- you won't even get $0.50 back on the dollar for that repair.
     
  12. Centerpunch

    Centerpunch Member

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    Some states credit trade-ins against sales tax on new cars. If you trade in a $10k car when buying a new $30k car, you’d only pay tax on $20k. So that increases the real return to you when you trade in.

    Also, I bet dealers are desperate to sell cars these days, it can’t hurt to see what deal they’d offer with your trade.
     
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  13. Bluesman2017

    Bluesman2017 Junior Member

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    I'm a 100% Disabled Vet so every 3 yrs I can buy a new car and don't pay any taxes on it.
     
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  14. Tim Jones

    Tim Jones Active Member

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    Get the Subaru.
     
  15. Leadfoot J. McCoalroller

    Leadfoot J. McCoalroller Senior Member

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    Possibly a misdirected reply? I'm not shopping for a car.
     
  16. Tim Jones

    Tim Jones Active Member

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    Thought that was going to.... Bluesman2017
     
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