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Store or Sell?

Discussion in 'Gen 2 Prius Main Forum' started by Texas_Chad, Sep 28, 2010.

  1. Texas_Chad

    Texas_Chad New Member

    Joined:
    Sep 28, 2010
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    Location:
    Dallas, TX
    Vehicle:
    2005 Prius
    Model:
    N/A
    I have a 2005 Prius with 86K miles and will be out of the country for nearly 2 years on business (temp work transfer) and was hoping to get a few opinions. Would you store or sell given the following assumptions?

    -I have somewhere to store the car for free and most likely have someone that is willing to drive the car once every week or 2
    -I could have access to another car when I return temporarily until I buy another
    -The car should be under 100K miles when I return so if the battery goes bad it should be under warranty

    From a pure financial perspective I'm leaning on selling the car, especially considering you never know if the car will be good when I return as it will be 7+ years old then (would prefer to cash in now with some guarantee $) but I wanted to get a few opinions from fellow PRIUS owners before making my decision.

    Many thanks on the help.
     
    #1 Texas_Chad, Sep 28, 2010
  2. brownsnoutuk

    brownsnoutuk Active Member

    Joined:
    Aug 27, 2008
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    Location:
    Shepherd, TX
    Vehicle:
    2012 Prius
    Model:
    N/A
    Sell it. If it gets wrecked or stolen and your abroad it will be a major headache. Its also going to lose value just sitting there. When you get back buy another one.
     
    #2 brownsnoutuk, Sep 28, 2010
  3. Patrick Wong

    Patrick Wong DIY Enthusiast

    Joined:
    Mar 8, 2008
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    Location:
    Green Valley, AZ
    Vehicle:
    2015 Prius
    Model:
    Two
    Sell.

    - Maybe your overseas assignment will be extended.
    - The car's value will only decline over the two year period.
    - Save $1,500+ in auto insurance premiums and vehicle registration fees over two years.
    - Depending upon where the car is stored, maybe some mice will decide to take up residence.
    - It is a burden to whomever is tasked to drive the car weekly.
     
    #3 Patrick Wong, Sep 28, 2010
  4. krg03

    krg03 Not expert, just experienced

    Joined:
    Jul 27, 2010
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    Location:
    so cal
    Vehicle:
    2007 Prius
    Model:
    II
    Sell. It will go quick.
    The value will decrease just sitting there in storage let alone as Partick said the cost of maintenance. Battery would be the least of the possible costs.
     
    #4 krg03, Sep 29, 2010
  5. macmaster05

    macmaster05 Senor Member

    Joined:
    Sep 27, 2009
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    Location:
    USA
    Vehicle:
    2010 Prius
    Model:
    Two
    You must sell it.
     
    #5 macmaster05, Sep 29, 2010
  6. wmcbrine

    wmcbrine Junior Member

    Joined:
    May 22, 2010
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    Location:
    Laurel, MD
    Vehicle:
    2005 Prius
    Model:
    N/A
    You'll be under 100K miles, but the warranty will still expire due to age (7 years), no?

    Sell. :(
     
    #6 wmcbrine, Sep 29, 2010
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