1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Should I buy a 2013 Prius w/ 17k miles for $24k

Discussion in 'Dealers & Pricing' started by richmondn, Sep 8, 2013.

  1. richmondn

    richmondn Junior Member

    Joined:
    Sep 8, 2013
    8
    4
    0
    Vehicle:
    2013 Prius
    Model:
    Three
    Hello all, my apologizes if this is in the wrong place.

    I was hoping I could get some feedback from a knowledgeable group.

    The dealer is offering a 2013 Prius Three (with backup camera and navigation) that was used as a loaner vehicle for the dealership. According to the Carfax, no damage, no issues etc. It has 17,000 miles and is in nice shape overall from what I can tell. His price is $24,000 even, plus taxes and everything which brings it close to $27,000.

    It also comes with a supposedly better warranty than what you would get with a new car.

    1) Do you think this is a really good deal? and 2) Are there any particular things I should look for in the car or things that the dealer offers?

    Thanks very much, any feedback is appreciated.
     

    Attached Files:

    • 1.jpg
      1.jpg
      File size:
      85.8 KB
      Views:
      378
    #1 richmondn, Sep 8, 2013
    JMD likes this.
  2. JMD

    JMD 2012 Prius 4 Solar Roof

    Joined:
    Oct 11, 2012
    3,779
    1,282
    0
    Vehicle:
    2012 Prius
    Model:
    Four
    The list is $27,415.

    It's a OK deal not a great deal. Most cars depreciate 5 grand the first year. Perhaps the extended warranty costs 2 grand.
     
    #2 JMD, Sep 8, 2013
    richmondn likes this.
  3. JMD

    JMD 2012 Prius 4 Solar Roof

    Joined:
    Oct 11, 2012
    3,779
    1,282
    0
    Vehicle:
    2012 Prius
    Model:
    Four
    #3 JMD, Sep 8, 2013
    richmondn likes this.
  4. jhinsc

    jhinsc Senior Member

    Joined:
    Nov 25, 2010
    1,167
    259
    0
    Location:
    South Carolina
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    Compare what a new 2013 would be versus the used. I think you'll be surprised the difference is not that great, leading you to go for the new one or use it as leverage to negotiate a better price on the used.
     
    #4 jhinsc, Sep 8, 2013
    richmondn and JMD like this.
  5. JMD

    JMD 2012 Prius 4 Solar Roof

    Joined:
    Oct 11, 2012
    3,779
    1,282
    0
    Vehicle:
    2012 Prius
    Model:
    Four
    Where I live dealers are giving $1,500 off list price on cars on the lot as we approach the 2014 roll out.

    I think the used car the dealer can make an additional discount of 2 grand than I would go for it or just buy the new 2013 with $1,500 off sticker. 17,000 miles is a years worth of driving for me
     
    #5 JMD, Sep 8, 2013
    richmondn likes this.
  6. Chele

    Chele New Member

    Joined:
    Sep 2, 2013
    16
    11
    0
    Location:
    IL
    Vehicle:
    2013 Prius
    Model:
    Persona
    I'm not an expert by any means but I would definitely say no. I just purchased a '13 Prius Persona (which is basically a Three with a little more added) and the sticker was $29,744 and I paid $26,164. They were willing to take off quite a bit since it's getting close to the time for 2014. There's no way that I would pay close to what I paid for a used car, which basically the same features. I think it's a good idea to look at the new Threes on their lot and see what kind of deal can be made with them.
     
    #6 Chele, Sep 8, 2013
    JMD and richmondn like this.
  7. JMD

    JMD 2012 Prius 4 Solar Roof

    Joined:
    Oct 11, 2012
    3,779
    1,282
    0
    Vehicle:
    2012 Prius
    Model:
    Four
    Let us know how it works out.
     
    #7 JMD, Sep 8, 2013
    richmondn likes this.
  8. JMD

    JMD 2012 Prius 4 Solar Roof

    Joined:
    Oct 11, 2012
    3,779
    1,282
    0
    Vehicle:
    2012 Prius
    Model:
    Four
    Also new car financing may be zero percent 5 years from TFS, used cars not as attractive. The new car financing buy down may close the price difference

    That car loan is a lemon - MarketWatch
     
    #8 JMD, Sep 8, 2013
    richmondn likes this.
  9. richmondn

    richmondn Junior Member

    Joined:
    Sep 8, 2013
    8
    4
    0
    Vehicle:
    2013 Prius
    Model:
    Three
    Thank you for the great replies.
     
    #9 richmondn, Sep 8, 2013
    JMD likes this.
  10. mmmodem

    mmmodem Senior Taste Tester

    Joined:
    Nov 17, 2011
    2,732
    1,703
    0
    Location:
    Bay Area, CA
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    Ditto with the rest. That's only a $2000 discount off new. 0% financing will close the gap some more. I'd rather have new than go with the risks of a rental loaner. I'd only consider it at $22k
     
    #10 mmmodem, Sep 8, 2013
    richmondn and JMD like this.
  11. richmondn

    richmondn Junior Member

    Joined:
    Sep 8, 2013
    8
    4
    0
    Vehicle:
    2013 Prius
    Model:
    Three
    I found another online,: 2013 Prius Three, 15,000 miles (2k less than previous one), sticker price is $22,900 (1,100 less than previous price after negotiating.) Carfax says one owner. Looks to be a loaner also. But I don't know about the warranty and this car is ~75 miles from my house. Will definitely look into this one.
     
    #11 richmondn, Sep 8, 2013
    mmmodem and JMD like this.
  12. cary1952

    cary1952 Member

    Joined:
    Mar 18, 2006
    403
    84
    0
    Location:
    Spearfish, SD
    Vehicle:
    2013 Prius
    Model:
    Four
    no
     
    #12 cary1952, Sep 19, 2013
  13. Jeffster

    Jeffster Junior Member

    Joined:
    Sep 19, 2013
    34
    3
    0
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    Loaners get beat to crap. Check out the new 2013's on Jim Barkley's website. We are going to buy a 2 soon. The sales person told me the 2014's will be on the lot in 2-3 weeks.
     
    #13 Jeffster, Sep 20, 2013
    JMD likes this.
  14. richmondn

    richmondn Junior Member

    Joined:
    Sep 8, 2013
    8
    4
    0
    Vehicle:
    2013 Prius
    Model:
    Three
    Bought it 23,800 plus taxes.
     
    #14 richmondn, Sep 20, 2013
  15. ursle

    ursle Gas miser

    Joined:
    Jun 28, 2006
    1,049
    192
    0
    Location:
    NH
    Vehicle:
    2011 Prius
    Model:
    Four
    Well, with 20-20 hindsite, the 1,500$ added on for the dealer " a supposedly better warranty" should have come out of the(top) deal, and other then that, welcome to a better way to get around
     
    #15 ursle, Sep 20, 2013
  16. richmondn

    richmondn Junior Member

    Joined:
    Sep 8, 2013
    8
    4
    0
    Vehicle:
    2013 Prius
    Model:
    Three
    I should also mention that it has tinted windows, and cloth and rubber floor mats in the front and back. It has everything I was looking for: winter grey exterior, dark grey interior, backup camera. I'm definitely happy with it.
     
    #16 richmondn, Sep 20, 2013
(You must log in or sign up to post here.)