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Woot my prius just increased $1500 in value since Feb on KBB

Discussion in 'Fred's House of Pancakes' started by ZitterZap, Apr 28, 2011.

  1. ZitterZap

    ZitterZap Member

    Joined:
    Feb 3, 2011
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    Location:
    Houston, TX
    Vehicle:
    2005 Prius
    Model:
    N/A
    Anyone else seeing this?
    Does it translate into real world pricing?
     
    #1 ZitterZap, Apr 28, 2011
  2. markf57

    markf57 Junior Member

    Joined:
    Apr 19, 2006
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    Location:
    Longmont, Colorado
    Vehicle:
    2010 Prius
    Model:
    II
    Yes.
    No.
     
    #2 markf57, Apr 28, 2011
  3. Michgal007

    Michgal007 Senior Member

    Joined:
    Aug 24, 2006
    1,321
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    Location:
    Macon, GA
    Vehicle:
    2006 Prius
    Model:
    N/A
    I got an email today from the dealership.

    "We Want Your 2006 Toyota Prius

    Beechmont Toyota is offering you a very unique opportunity. Due to the shortage of quality pre-owned vehicles, we have given our managers the authority to buy-back or trade for your 2006 Toyota Prius, with incredible savings to you. NO PURCHASE NECESSARY!!

    For a limited time we are authorized to pay an additional $1,000 above Blue Book value as a loyalty bonus for your buy-back or trade!"

    May be if they give me $10k more I will think about it. :p
     
    #3 Michgal007, Apr 28, 2011
  4. usbseawolf2000

    usbseawolf2000 HSD PhD

    Joined:
    Sep 22, 2004
    14,487
    2,994
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    Location:
    Fort Lee, NJ
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    KBB said my 2006 Prius is worth the same as 2 years ago. I have 142k miles now, 100k miles 2 years ago.
     
    #4 usbseawolf2000, Apr 28, 2011
  5. DaYooper

    DaYooper Member

    Joined:
    Apr 5, 2011
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    Sout of da UP eh!
    Vehicle:
    2011 Prius
    Model:
    Two
    Mine says it's worth 5000 more for "retail" than I just paid 4 weeks ago :p
     
    #5 DaYooper, Apr 28, 2011
  6. mikewithaprius

    mikewithaprius New Member

    Joined:
    Jan 5, 2011
    656
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    Location:
    Rhode Island
    Vehicle:
    2007 Prius
    Model:
    N/A
    Yes, mine is also $5000 more retail than what I paid in December - and I've put 5000 miles on it. Hmm, maybe if I drive another 10k miles will it be worth $10k more...talk to you later, I'm going to do some highway driving :)
     
    #6 mikewithaprius, Apr 28, 2011
  7. adamace1

    adamace1 Senior Member

    Joined:
    Jun 22, 2009
    1,403
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    Location:
    Charlotte, NC
    Vehicle:
    2010 Prius
    Model:
    II
    Mine was worth 16,000 6 months ago now they say it's worth 20,000.
     
    #7 adamace1, Apr 28, 2011
  8. Skoorbmax

    Skoorbmax Senior Member

    Joined:
    Mar 19, 2010
    2,641
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    Location:
    Western NY
    Vehicle:
    2010 Prius
    Model:
    II
    KBB retail is @*#(ing ridiculous. Says my used 2010 Prius is worth 27k or more, total rubbish. I CAN still buy a new 2011 for 24-25k.

    However, used Priuses are definitely worth substantially more, so my car is worth more than it was but KBB sucks as much now as ever.
     
    #8 Skoorbmax, Apr 29, 2011
  9. stefano5777

    stefano5777 Member

    Joined:
    Mar 15, 2011
    380
    47
    6
    Location:
    St. Petersburg Florida
    Vehicle:
    2005 Prius
    Model:
    N/A
    KBB is a joke. Problem is people go to there site and see these ridiculous prices for full retail and always think there car is in excellent shape for the year and proceed to over price there cars and feel insulted when you as they would put it low ball them. As a Prius owner I could only wish to get these inflated prices when i wanna sell.
     
    #9 stefano5777, Apr 29, 2011
  10. cycledrum

    cycledrum PSOCSOASP

    Joined:
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    Location:
    NorCal
    Vehicle:
    Other Non-Hybrid
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    Yeah, did a lookup on 2010 II at 22.5k mi ... sugg. retail - $28,205

    looked up my 2009, pkg5 at 15k mi , exc. cond private sale - $23,290 ...

    that's about $4,500 over that is was first week of Jan 2011.

    Crazy
     
    #10 cycledrum, Apr 29, 2011
  11. cycledrum

    cycledrum PSOCSOASP

    Joined:
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    Location:
    NorCal
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    Other Non-Hybrid
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    N/A
    When I ad'd my 2009 about 12/28/10, there were like 90 ads for 2009 Prius any given day just on craigslist...

    today ... 13 ads for 09 Prius on CL

    prices are way up too.

    one dude asking $18.5k for 2009 pkg 2 with 61k miles..

    In January, he wouldn't have dared ask $16.5k

    Virtually no 2009's were priced over $20k in January.

    Now, all dealer prices are well over $20k

    the one's under $20k will be salvage, past 36k warranty and private sales.
     
    #11 cycledrum, Apr 29, 2011
  12. caffeinekid

    caffeinekid Duct Tape Extraordinaire

    Joined:
    Oct 16, 2010
    334
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    Location:
    Houston
    Vehicle:
    2008 Prius
    Model:
    N/A
    My philosophy is the same as Barnum's famous "there's one born every minute". Hey....wow! Yeah! Let me just run to the dealership and pay a premium for a perception.
     
    #12 caffeinekid, Apr 30, 2011
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