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2004-2009 Toyota Prius Prices Paid and Buying Experience

1971 messages,  Last post on Sep 10, 2009 at 9:17 AM

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What is this discussion about? Toyota Prius, Hybrid Cars, Sedan


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#1669 of 1971
2009 Prius by 3c3
Jul 25, 2008 (10:28 pm)
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MSRP to be increased by about $500.
#1670 of 1971
Package 6 finally in ! by jrt101
Jul 28, 2008 (7:08 pm)
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After a 3 month wait, I picked up my pkg 6 tonight. Paid MSRP. No xm and decided not to buy any extra coverage. Total price was just over 31k incl NYS tax. I am a little disapointed in the leather interior and I would probably pass on it if I had a do-over. I am accustomed to "loaded" cars and "loaded" prius lacks the same luxury. I decided I wanted a Prius without driving one and my first experience behind the wheel was today as I drove away from the Toyota dealer...
I am thrilled that it is finally in but I can tell it will take some time to get comfortable. Another short-coming is the comfort of the drivers seat. I would like them to put a bit more attention into this on the top models for 2010. 50 miles per gallon, less oil from the Middle East...all the car companies need to take note that this is the new standard. Next challnge... AWD prius.
#1671 of 1971
Re: Package 6 finally in ! [jrt101] by tiff_c
Jul 28, 2008 (9:29 pm)
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Replying to: jrt101 (Jul 28, 2008 7:08 pm)

all the car companies need to take note that this is the new standard. Next challenge... AWD prius.
 
AWD will kill the fuel economy. There are oh so many reasons AWD won't work in a great gas mileage car. Parasitic loss, weight, drag. The Prius *might* get 35mpg if it was AWD. That in itself would be something but unlikely to happen. They'll probably make a hybrid SUV in the Prius line and sell that.
#1672 of 1971
Re: Picking it up [m2mazda6] by skeptical
Jul 30, 2008 (10:59 am)
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Replying to: m2mazda6 (Jul 15, 2008 2:38 pm)

Congrats--that gives me hope! May you enjoy it fully!
 
Do you mind if I ask what you paid, because this is the exact one I'm waiting for and I'm at week nine.... I'm new to this board and not sure if you can send me a private message or not, but it would be important information to have so I can have something to compare it with.
 
Anyone else get a package # 2 recently, and if so, what did you pay out the door?
 
My main concern is I don't want to get last minute stuff added on that I didn't ask for. I picked a dealer that supposedly promises nothing over MSRP, but when I see it on paper, I'll believe it....
 
Thanks so much in advance to anyone who can give me an idea of what to expect!
#1673 of 1971
Re: my .02 worth [carnaught] by skeptical
Jul 30, 2008 (11:20 am)
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Replying to: carnaught (Jul 25, 2008 1:58 pm)

I certainly agree--I think too many have got caught up in the buying frenzy and consumers are indeed being exploited. But to the degree we consumers buy into the hype and get too anxious and agree to pay over MSRP, we collude with this un-ethical behavior and allow it to continue.
 
I am on a waiting list but have been promised nothing over MSRP. (But I'm skeptical, as my nickname states...we'll see what they offer...)
 
The hybrid market is about to explode within the next two years, and this means competition will be fierce and that means prices will be be better and we'll have many more choices.
#1674 of 1971
by bob104
Jul 30, 2008 (11:33 am)
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I see an irony in people complaining about dealer markups on Prius. It was only the high price of gasoline that prompted most of this Prius-come-lately demand. Since it was market force, not environmental concerns, that prompted Prius buying, shouldn't it be market force that determines the price?
 
That said, it does seem that you can still find dealers who have their longterm interests in mind and so they don't anger their customers by overcharging.
#1675 of 1971
Re: [bob104] by skeptical
Jul 30, 2008 (12:05 pm)
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Replying to: bob104 (Jul 30, 2008 11:33 am)

My view is we control only what we can--as an individual, I can say "no" and collectively we can say "no" to over MSRP--goodness, most decent car buying experiences are supposed to be below (not over MSRP).
 
This is pure exploitation--yes the issue is larger, but that doesn't justify going along with it. We've sold out big time for dependency on foreign oil--would we be in Iraq if they didn't have oil? (not so sure..)
 
Meanwhile we do have some choices--we can opt for other compacts (I know, gasp) for a year or two till things calm down and we have more choices. Or carpool. Or stick with what you have. Or use a subway/mass transit system if you're lucky enough to have it in your area...
 
I say folks who charge well over MSRP-- as well as folks willing to pay this-- ultimately chip away at and demean and undermine the entire basic fair trade rules implicit in car buying.
 
I think we all can make a difference by saying "wait a minute now...". Are we that bad with impulse control? Do we want what we want now and so be it--no matter what? Where are our values? Where are our limits?
 
I don't know myself, honestly--I'm just asking these questions a lot lately...
#1676 of 1971
My dad always told me.... by mschmal
Jul 31, 2008 (5:38 pm)
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"A fool and his money are soon parted"
 
The economic case for the average person buying a hybrid to lower their gas bill is pretty rocky to begin with, but doing so when you pay over MSRP is just plain foolish.
 
Some people just have more money than brains . You'd be better off buying a Nissan Sentra for about $16,000 selling price after rebate. This car is about the same size as a Prius and gets great MPG with the CVT.
 
Mark
#1677 of 1971
Re: My dad always told me.... [mschmal] by bob104
Aug 01, 2008 (5:58 am)
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Replying to: mschmal (Jul 31, 2008 5:38 pm)

I'm hoping people will find this response relevant to the topic, since it addresses the overpricing issue:
 
Six months or so ago I'd have agreed with you, but now Priuses are actually appreciating rather than depreciating. With gasoline very likely to go up, that Sentra will likely sell like an SUV five years from now. The total cost to own (including amortization, gasoline, battery expense) will very likely be less for the Prius.
 
From: http://www.nextautos.com/hybrid-madness-used-toyota-prius-averaging-higher-trans- action-prices-new-models
 
"The average new 2008 MY (Model Year) Prius is selling for an average of $26,672, while used 2008 models with less than 10,000 miles on the odometer are selling for nearly $1300 more, averaging a sale price of $27,945. Even 2007 cars, with on average more than 22,000 miles racked up, are commanding $26,396 – just $276 from the new cars’ average."
#1678 of 1971
Re: My dad always told me.... [bob104] by skeptical
Aug 01, 2008 (7:46 am)
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Replying to: bob104 (Aug 01, 2008 5:58 am)

It's nice to hear that the Prius is actually appreciating for right now. But it won't keep doing that, of course. It's not going to keep going up and up...this is
just an odd time, because we are in the middle of many changes, so the Prius
folks are taking full advantage.
 
But if you want to look at the larger picture, and you don't yet own a Prius, you still need to factor in if you are willing to plunk down that much more money --knowing that the entire hybrid market-- as well as the small car market (Honda Fit, etc)-- is going to explode in the next two years. There will be many more choices for fuel economy cars, and with that comes competition and stabilizing of prices..
 
And the current Prius is do for major re-haul which will then put a halt to the inflated prices of the second generation Prius, although I'm sure it will still get very good re-sale for many years--and if I had one now, I'd likely just hold onto it and not re-sell--a new car means yet more money to fork over...
 
I think the point is you need to keep your wits about you and not get too swept away with the feeding frenzy. Know you have options, and they are about to get
a great deal better!
 
You need to know what your limits are in terms of how much you are willing to pay.
 
I'm sorry I didn't buy a Prius when tons were sitting on the lot in February and even March...and you could actually get a good 1-2 grand below MSRP--but now, I just don't know if it's worth it--especially with what's coming around in the corner within the next 12-24 months....
 
It's a tough choice--I remain on the Prius waiting list and we'll see if a fair enough price is offered at the time (if ever it actually arrives!).
 
I'm fully prepared to say no if after having fully researched close enough alternatives that are just around the corner are $5-$9,000 less...
 
There's a lot more I can do with that money in the mean-time...
 
It's a tough choice, but it's good to know there are options...

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