Last post on Jul 28, 2013 at 8:39 AM
You are in the Toyota Prius
What is this discussion about?
Toyota Prius, Hybrid Cars
#921 of 7508 Re: Package 4 with floormats [falconone]
Apr 24, 2005 (6:43 am)
Having worked in an auto industry for 15years, allow me to explain the economics during model year change..
The factory that produces 2005 prius will keep building these until that crucial date.. whenever there is a model year change and then switch over [typically on a weekend].
The market [consisting of all the buyers and sellers like you and me] unfortunately for the manufacturers, is too smart.. and it knows exactly what is coming. There is an automatic premium attached to the newer vehicles over and on top of already established price differences. Anyway to put it in simple terms, even though Toyota appears to control prices, it really is highly market driven else Toyota will have to "swim against the market tide and lose money". So they either increase the prices of the new model year vehicles OR introduce additional rebates or dealer holdbacks or a combination of both. Dealers in turn, depending on their inventory levels price their vehicles depending on the "supply vs demand". If they start to build on the 2005 inventories on their lot, expect them to give rebates to "make way" for the 2006 cars..
The used car sellers on the other hand also exert a negative pressure on the prices of the older vehicles. they might want to upgrade or just realize that they might get a terrific deal by selling their 2004 or 2003 prius and upgrading, knowing that the resale values are very strong.. this increases the existing "for sale" usued vehicles in the market and will drive the prices of these a tad bit lower.. in other words the apparent arbitrage opportunity will quickly vanish.
This is the reason the ideal time to buy a car is July/august from a dealership that has inventories of these vehicles or that operates on a "high volume" basis.. I am going to wait for the "perception" of 2006 coming in.. and slackening of the 2005 prices.. that is when I shall buy a prius.
#922 of 7508 Re: Package 4 with floormats [falconone]
Apr 24, 2005 (7:21 am)
I doubt you can get $1,000 of MSRP.
The dealer across the river from Portland, where I bought my Passat TDI was holding onto his $1000 over MSRP. I paid $3000 under MSRP, actually several hundred under Invoice. It is all about timing. My interest in the Prius is curiosity of what makes a person waste so much money to save so little. Also the hype about Prius availability. It is just that HYPE. There are plenty of Prius available. It is a matter of twisting arms and shopping. You cannot walk into a dealer with a, I just gotta have one look, or they will stick it to you. If you don't have the ability to get up and walk out the door you will get taken to the cleaners. IMO, anyone that pays MSRP for any car has been taken to the cleaners.
#923 of 7508 Re: Package 4 with floormats [gagrice]
Apr 24, 2005 (1:16 pm)
Your opinion is certainly not shared by others and thank goodness for that! People are buying this vehicle because of the fact that it offers so much for a reasonable price!!! If you compare the fully loaded Prius to your recently purchased TDI you have MORE content in the Prius!! Please... unbury your head from the sand. The Prius is selling EXTREMELY well NOT only because it gets great gas mileage. Oh... one last thing. Diesel fuel is selling for $2.69/gal and regular is $2.25.
#924 of 7508 Re: Package 4 with floormats [rajd1974]
Apr 24, 2005 (2:02 pm)
Your observations about the model-year changeover are correct for typical market conditions. The Prius is not in a typical market situation due to the strong demand and still limited supply relative to demand. Also, the deep discounting for prior-year models is typically done when the new car is re-designed, or at least significantly changed/improved. There is no evidence yet that the 2006 Prius will be significantly changed from the 2005 (and 2004) cars. Put the two together, add in the high gas prices of late and the lack of a direct competitor to the Prius (i.e., no more mid-sized hybrids, especially hatchbacks, due out before 2006), and it does not bode well for large discounts on 2005 Prii later this year. But I hope I am wrong so you and others can get big discounts on your 2005 Prii later this year.
#925 of 7508 Re: Package 4 with floormats [falconone]
Apr 24, 2005 (2:25 pm)
People are buying this vehicle because of the fact that it offers so much for a reasonable price!!!
If you bought your Prius because you thought you got a lot for your money that is certainly your prerogative. Many people read this forum to be informed about purchasing cars. When I started following the Prius 5 years ago I had gone down and test driven the car twice. I was interested in the good mileage. There was no mention by the dealer that it was environmentally superior to other cars they sold. The car was available for $20k even. That included an 8 year 100k mile bumper to bumper standard warranty. I would have bought it for my wife if she wanted it. When they became the "IN Car" for Hollywood the prices went up. You cannot tell me the Prius II with a NAV system is worth the $30k many people paid for them. If you bought one for $1000 under MSRP it would be a reasonable price to pay for that car. It is just a car not an Icon.
The Passat TDI outshines the Prius II in several areas. Size and handling being the two I was most interested in.
#926 of 7508 Re: Package 4 with floormats [gagrice]
Apr 24, 2005 (4:12 pm)
The TDI simply contributes more emissions. That is where it is definitely better than the Prius. Where do you get the 30k price for the Prius? It is 26k loaded. The people that pay 30k are as stupid as the people who paid $30k for a loaded PT Cruiser (aka Neon) when it came out. Don't come cryung to us when the electronic gremlins from the VW come knocking at your door.
#927 of 7508 Re: Package 4 with floormats [falconone]
Apr 24, 2005 (6:01 pm)
The TDI simply contributes more emissions.
You have asserted that misinformation before. Would you like to post where the Passat TDI PD running on ULSD is not as clean as any of the hybrids using non-CA high sulfur gas? You can post that in the Passat TDI forum. VW and Europeans do not agree with your assumptions.
Several people on this forum have said they paid $30k for their Prius. I can search for you if you like. The car is over priced at $26k.
#928 of 7508 HEY!! GUYS!! IT'S ALL ABOUT OPINIONS.!! GET IT?
Apr 24, 2005 (7:08 pm)
I've been around this forum for a while and the the one thing I've come away with is....Some people will aways find a way to justify the spending of boo-koo bucks for their new car that they will probably be paying for till O.J. Simpson & Michael Jackson unite to compare gloves that made them famous.
Gary....You've got a great car simply put and those of us feel (in so many ways) that the Prius is the best thing to come along since peanut butter & vel-cro.
Guys, just be glad you could afford a new car because there are many folks that wish they too could but ...because the times they are a changin they can't. These new cars are impressive in so many ways. Time will tell which ones will be considered the ...aardvark eating dirt or the eagle soaring on high. Let's be patient and see.
Oh, and by the way. Remember, there are no experts around here just guinea pigs and car lovers galore.
Remember....We all love cars or we wouldn't be here.
#929 of 7508 Re: HEY!! GUYS!! IT'S ALL ABOUT OPINIONS.!! GET IT? [railroadjames]
Apr 24, 2005 (7:17 pm)
We all love cars or we wouldn't be here.
You may be the best advertising that Toyota has for the Prius. I do hope you get a long trouble free ride from your Prius!
#930 of 7508 Love the Prius
Apr 25, 2005 (6:49 am)
I bought a pre owned 2004 pkg 6 with 17000 miles a couple weeks ago and am just beginning to appreciate this car. Actually, I bought it for my wife, and she loves the car. Went for a 60 mile drive yesterday and averaged 54 mpg. I feel like we got a new prius for under 20k. It took several months to find it, but worth the effort.