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Prices Paid: Buying & Leasing Experiences Toyota Prius Prices Paid and Buying Experience
1691 messages, Last post on Aug 16, 2008 at 11:53 PM
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Replying to: aviva2 (Jul 19, 2006 1:32 am)
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Replying to: latothedesert (Mar 07, 2006 3:56 pm) |
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Just pick up my Prius 06 # 7. Had to pay MSRP price($28,364). I traded in a Honda Pilot 05 (excellent condition) with DVD and running boards. The dealer would only give me $22500.00 for my trade. Kelly blue book stated that in excellent condition it was worth at least $24,000, good condition $22,700. I love the color and I think that I am going to be happy about the reduction in gas. I just want to think that I did not over pay for this car. What do you think?
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Replying to: jrct9454 (Jul 20, 2006 11:31 am) |
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Replying to: gina2748 (Jul 20, 2006 3:06 pm) throughout the country although some folks have been successful at buying below MSRP. Re the trade, the trade in value is always less than the Kelly blue book indicates. So you weren't low balled. Also the good news is that you are within the window for a $3150 tax credit. The #7 except for leather seats is fully loaded. You're in for a very enjoyable experience driving this car. |
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Replying to: gina2748 (Jul 20, 2006 3:06 pm) |
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Replying to: cruising7388 (Jul 07, 2006 10:34 pm) Thanks for the info. You're right - I need to get on it. Do you mind sharing the name of your dealer? Best, G
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Replying to: hybridturtleg (Jul 26, 2006 11:40 pm) Replying to: hybridturtleg (Jul 27, 2006 2:40 am) See the comparison below between the Federal Warranty details vs the warranty that is mandated for all states that have incoporated CARB (California Air Resources Board) criteria into their warranty standards. Note that Mass is a CARB state so you can get the same warranty advantages in this state as well as California. However, I'm under the impression that to qualify for the hybrid HOV lane stickers, the vehicle must be purchased in California. A call to California DMV can confirm that one way or the other or perhaps another forum member can chime in with the pertinent facts regarding this. Toyota has capped out their sales of hybrid vehicles under the Federal Hybrid guideline (60,000) so the tax credit will be cut in half for any vehicles purchased after September 30, 2006. So, if you wish to take advantage of the full credit, your purchase date must be prior to Sept 30. I believe that Toyota will be stopping production of the 2006 models pretty soon so you will need to find one that is in the distribution stream prior to October 1, 2006. However, there is another way to look at the financial picture. Buying a year end 2006 prior to Oct 1 will save you about $1575 in a tax credit but the depreciation on a model sold just before the new year model may equal or exceed that amount compared to the book value of a 2007 model. I don't know where the actual crossover point would be, but roughly, if you intend to keep the vehicle for just a couple of years prior to trading or selling, you would come out dollars ahead waiting for a 2007 model and accepting the tax credit hit. On the other hand, if your expectation is to keep the car 7 years you would probably be money ahead buying a depreciated 2006 model and getting the full tax credit. The California dealer we worked with was Thompsons Toyota in Placerville. Good luck! As taken from the 2004 Toyota Prius Owner's Warranty ***************************************************** Information booklet (PN 00505-T2004-PRIUS) page 6, "Warranty Coverages at a Glance" there is a bar graph identifying the various warranties (from my 7/03 printing): New Vehicle Limited Warranty: Basic: 36 months / 36,000 miles Hybrid Vehicle System: 96 months / 100,000 miles Powertrain: 60 months / 60,000 miles Corrosion Perforation: 60 months / unlimited miles Restraint Systems: 60 months / 60,000 miles Emission Control Warranty: Federal, Performance: 24 months / 24,000 miles Federal, Performance Specific Components: 96 months / 80,000 miles Federal, Defect: 36 months / 36,000 miles Federal, Defect Specific Components: 96 months / 80,000 miles California (t), Performance: 180 months / 150,000 miles California (t), Defect: 180 months, 150,000 miles California (t), Hybrid Battery Pack: 120 months / 150,000 miles (t) = Also applies to Maine, Massachusetts, New York and Vermont vehicles equipped with a California Certified Emission Control System. Vehicles covered by this warranty are also covered by the Federal Emission Control Warranty. For the 2005 model year, the following states are covered under the California Emissions warranty: CA, CT, ME, MA, NH, NJ, NY, RI, VT. |
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Replying to: latothedesert (Mar 07, 2006 3:56 pm) Other Toyota Dealers that I contacted who are willing to sell at MSRP: *Power Toyota of Irvine, $23,141, pkg #1. *Toyota of Orange, $23,050, pkg #1. Don't forget the full tax credit ($3,150) deadline on Sept. 30, 2006, www.toyota.com/prius/tax.html
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