Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 2004-2009 Toyota Prius Prices Paid and Buying Experience
1971 messages, Last post on Sep 10, 2009 at 9:17 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Replying to: jaxs1 (Jun 08, 2008 7:38 am) Potentially, sure it would, just as newer computers do to older ones. Improved battery technology would mean better battery life, lower weight and smaller size.
|
|
|
Replying to: jaxs1 (Jun 08, 2008 7:38 am) The big elephant in the room is that battery expenditure for PHEVs might be in the range of 12-14 cents per mile, plus about 3-5 cents or more/kwh for the electricity, for a total of 15-20 cents/mile. That equates to gasoline at $6.60-$8.80. Hard to imagine that used 44 mpg Priuses will be even moderately depreciated even if gasoline over $10/gallon and PHEVs getting 70mpg-equivalent and costing under $40,000 were available. They'll be like used Civics and Corollas are today--still highly desirable and pricey. Back on topic, I paid $1100 for a platinum 6yr/100k warranty with my Prius in Oct. You might find one online for a little less but I sure feel better about getting my warranty at the point of sale, bricks and mortar. |
|
|
Replying to: gtguy1 (Jun 07, 2008 5:41 pm)
|
|
|
Replying to: carnaught (Jun 08, 2008 9:22 am) The resale will remain high for as long as there a is low supply of the Prius on the used car market.
|
|
|
Replying to: medolas (Jun 08, 2008 5:07 am) |
|
|
|
|
Replying to: jaxs1 (Jun 08, 2008 10:26 am) You are saying that there won't be current generation Prius' flooding the used car market in the near future??? I don't see how there wouldn't be. As soon as the new hybrid vehicles come out, people will be ditching their Prius' just like they ditched their 1st generation iPhones for the 2nd generation iPhone and iPods for iPod Touch. Ever hear of keeping up with the Jones???
|
|
|
Replying to: djhalptert (Jun 08, 2008 6:02 pm) There is little demand for used PCs and there is plenty of demand for used vehicles with high MPG which will include used Prius cars even without having the newer battery from the upcoming redesign. It was a ridiculous comparison. A car is not an iPod that is thrown away every other year. eBay is flooded with more used iPods than the market can bear and the same is not true with the Prius. Are used 2003 first generation Prius sedans overflowing used car lots? At some point in the future there will be plenty of used cars that average 45 mpg plus on the used car market, but that is many years away. The used car market will quickly soak up the used Priuses that are replaced with new ones unless there is a major drop in gas prices. |
|
|
|
|
Replying to: jaxs1 (Jun 08, 2008 6:15 pm) Yes, there will still be demand for the Prius but there will be MORE DEMAND FOR THE NEWER TECHNOLOGY. Anyone who thinks the current 2008-09 Prius will out demand ANY future hydrogen or electric or even gas/electric hybrid is just plain ignorant. People want new technology. That's the reason so many Prius's have sold. New technology attracts buyers. Necessity is the mother of invention. Invention is the mother of sales.
|
|
|
|
|
Replying to: jaxs1 (Jun 08, 2008 6:15 pm) Hmmmm....no...I wonder why? Ever hear of Wikipedia??? Toyota announced on June 7, 2007 that it had sold 1 million hybrid vehicles globally, nearly 345,000 of the first 1 million hybrid cars made by Toyota were sold in Japan. U.S. sales of the Prius began in August 2000. By 2001 sales there totaled 15,556, and by 2002 had reached 20,119. In 2004 sales there were 53,991. ACCORDING TO A 2004 SALES REPORT, THERE WEREN'T EVEN A COMBINED TOTAL OF 54,000 PRIUS SOLD IN THE U.S. |
|
|
Replying to: djhalptert (Jun 08, 2008 6:31 pm) Even the previously nearly worthless older Geo Metros are in demand now and values have skyrocketed.  Mass market hydrogen and fuel cell vehicles in the price range of the Prius are a long way away. With the economy the way it is I bet there will not be a mass exodus of current generation Prius owners replacing their cars with the new model with the same flippant whim they would dump last year's hand held electronic gadget. Some people will still trade for the new model, but not the high percentage that would if the economy was booming The added demand caused by the very high fuel prices is going to support the values of high mpg vehicles more than what's historically typical when car models have been replaced in the past when gas was cheap.
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences 2004-2009 Toyota Prius Prices Paid and Buying Experience
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Toyota Prius
Browse by Board
Browse by Topic
Today's Chats
