SOLD my 2005 .. -Seller's Be "Aware" - Here's what I learned!

Can you please explain how you found out and where you went to confirm or corroborate? Is this an LA thing? Shipping old Prius overseas seems pretty far-fetched, not to mention problematic and would like to learn more because that's not ever been my experience with people buying and selling on craigslist?

 

My question is.....what was your asking price on that 198k mile, 16 year old car? Because if someone was offering 600 over ask, had (real) cash in hand and was going to take possession of the car with no BS scam going on, I wouldn't bat an eye. I'd take their money.

 

I agree... Nothing makes sense about this post?

 

Well, those prices would indicate there's some money in it...

I also did some digging and found how California DMV processes it: https://www.dmv.ca.gov/portal/handbook/vehicle-industry-registration-procedures-manual-2/report-of-sale-used-vehicles/used-vehicle-sold-for-export-to-another-country/

I also found an outdated 2015 US report on used cars sold for export that speculated it helps to boost the sale of new cars, which makes me wonder if the stealerships are involved in any way:

"U.S. exports of used passenger vehicles averaged 762,000 per year from 2009 to 2013, with many destined for lower-income markets. The large foreign market for these exports appears to have propped up U.S. passenger vehicle sales and may have lessened the price premium for new vehicles to U.S. consumers. This suggests that the current level of U.S. new-vehicle purchases can be at least partly attributed to foreign demand for U.S. used vehicles. Estimated data are used because precise data on some U.S. exports of used vehicles are not available." https://www.usitc.gov/publications/332/executive_briefings/coffin_used_vehicle_exports.pdf

Sure would be interesting to learn how much market share they're really taking away in 2021?

But it seems that with the outrageously high prices stealerships charge for repairs not under warranty, as well as hourly rates of large scale non-dealer shops in the US it not only explains why so few people drive old cars anymore, but it also explains why potentially a millions used cars a year are leaving our country for lower income foreign markets.

 

If you want to see what the used Prius market is in some countries, click on this link and count the number of Priuses in sight from one spot.

I chose this spot at random in the capitol of Mongolia. Last year I stumbled upon a picture that had over 35 Priuses lining a city street.


Google Maps n <---- click this google maps street view

The reason that there are so many there is that a Prius is exempt from a Mongolian pollution tax, even the used ones. They are brought in by the boatload.

Dan

 

Yes, that reminds me that the price of gas is very, very high in some countries unlike the US which ranks in the lowest 1/3rd of global prices: Gasoline prices around the world, 18-Jan-2021 | GlobalPetrolPrices.com So it would make sense that hybrids are popular in countries with expensive fuel.

 

Okay this has got to be a load of crap because my 2005 Prius isnt even worth 500 with 236k on it

 

If you lived near me I'd pay more than $500 for it for sure! Your car is worth more than you realize.

 

Right now it's down cause the Hybrid batteries took a dump so I'll be looking into getting remmanned ones in the future. Are they're any places to start looking to buying some?

 

One last point: "Sales of used light vehicles in the United States came to around 40.8 million units in 2019. In the same year, approximately 17 million new light trucks and automobiles were sold here." &bull; U.S. new and used car sales 2019 | Statista.

So if 1 million out of 40 million a year are exported, I guess that's not that much in terms of export...

 

Lol... I have several... None of them are reliable except for one of them that I can't sell because it's a back up for a warranty I gave to someone. Like I said If you live near me I'll buy your car. But you profile says "US" so I have no idea where you live.

 

I live in Ohio. I'm not looking to sell it anyways. I wanna get it back up and running because it saved me a boatload of gas when I drove it to work

 

Just saw your post about your car when you updated it and replied a minute ago. Hope it helps...

 

I'm not selling it. I'm just stating what a dealership told me it was worth and also what KBB valued it at. Just wondering how you got 4400 out of it

 

Out here on the west coast used car dealers sell Gen2 Prius for $7-10K and private sellers sell for $4-7K... Prices are much lower for old Prius in midwest and the south.