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Hybrid Vehicles Toyota Prius What to expect from the next model year Prius
311 messages, Last post on Apr 26, 2009 at 5:43 AM
You are in the Toyota Prius Forum. Your Host is pf_flyer
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Replying to: dramades (Jul 17, 2006 2:20 pm) Most Prius officionados think it will cost a lot more, because of the battery (lighter weight) and charger. But mostly because it will be in great demand initially. This is a conundrum for many prospective owners. It's a high tech. car, and high tech things go "obsolete" fast. The current car has been shown to last a long time (mileage wise) in taxi service and has been pretty trouble free, with only a few owners having problems. I'm planning on getting a 2006 as soon as I can. One remark I found entertaining - there are a lot of discussions on how expensive the traction battery will be to replace. One owner phoned Toyota USA and asked how many had failed. The answer was none so far! In any generation Prius. The cost isn't too bad anyway - currently around $2000. I think they can be rebuilt as well, as they are modular.
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Replying to: gagrice (Jul 17, 2006 3:31 pm) Unless Congress extends the incentives program which I think is unlikely the $3150 incentive is very valuable now in today's dollars. |
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Replying to: pathstar1 (Jul 17, 2006 8:32 pm) I'm hoping if I buy a 2006 and it proves as reliable as I expect, it will hold its value. Consumer's shows hybrids (Honda included) as losing more in depreciation dollars than coventional, however, as gas prices increase, reliability stays sound, and people want these cool cars I personally don't think the depreciation will be as much. Any thoughts on that? BTW, can I still order a 2006? I read on Toyota site they are taking orders as of 7/12 for 2007...
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Replying to: dramades (Jul 18, 2006 9:33 am) I was offered one a few weeks ago here in Canada, but I passed. For a few thousand $ extra I'm getting a new one!
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| If the 2009 Prius hits the showroom floors at 94 MPG, there will be no need for a tax credit, an HOV sticker, or any other incentives. | |
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Replying to: pathstar1 (Jul 18, 2006 1:33 pm) You are right re: prices. Just saw an ad here in SD for $28K for a 2005 w/6300 mi. Granted probably top of line, but no tax credit so doesn't seem like a deal to me. Will you purchase an extended warranty? I've read one can be had on the east coast of US for $875 and used anywhere...sounds good...any thoughts out there? |
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Replying to: dramades (Jul 18, 2006 2:32 pm) Battery - one member of another forum asked a Toyota exec (in parts as I recall), "how many batteries have failed?". The answer was none, in any Prius, any model year. Remember there are some Prii being operated as taxis, and there is a report that some of them are over 200,000 mi now and still going strong. The member then checked on battery replacement cost - about $2000. I don't think the battery is an issue. Extended warrenty - I don't like extended warrenties, especially on a Nissan, Toyota, etc. because they are so reliable. I am going to eventually purchase one. Some of the parts of this car that have failed (on a very few owners) are very expensive. The approx. $900 is worth it just for peace of mind!
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Replying to: pathstar1 (Jul 18, 2006 7:10 pm) I'll check into the extended warranty. Is the std 3 yrs/36K bumper to bumper? Wonder if the extension differs depending on state as I'm in CA where the battery warranty is longer already. Anyone know? Another option I'm considering is driving my son's 1991 Honda Accord EX (178K mi) while he's away at college and wait for the 2009, however, I'm thinking the price of the vehicle will be at least what it is now if not higher and no tax credit. Depends on how much one drives on how long it wouold take to make up the difference even at double the mileage. I don't drive more than 12-13K yr. Decisions, decisions!! 
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Replying to: dramades (Jul 18, 2006 8:40 pm) The std. warrenty is bumper to bumper. The extension is the same all over the US. As for value, this brings up a contentious issue - is buying a Prius an "economic" plus? I don't think you will recover the extra cost of the vehicle (compared to other similar non-hybrids) in the fuel savings, unless fuel doubles in price soon (the way things are going it could). What you have to consider are: 1. The Prius has the least impact on the environment of any car (I'm told - let the arguments begin  ). 2. The Prius has about as much interior room and luggage capacity as a Camry (Prius 96 ft^3 Camry 101 ft^3, Prius lug. 14 ft^3, Camry lug 14.5 ft^3), yet is about the size of a Corolla on the exterior. 3. The Prius is just about the "coolest" car - at least I think so. 4. The Prius, though expensive for a "small car", is still relatively inexpensive, so owning it for the "cool factor" is reasonable. 5. Because of the above, if you want to make a statement of your concern for the environment, this is the car to do it with. Many do. Personally, if I was making an environmental statement, I'd do it with a bicycle, but to each her/his own!
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Replying to: dramades (Jul 18, 2006 9:33 am) At pathstar1 noted you might be surprised by what the resales are. Do your own investigation via the web using Edmunds or kbb as a guide and see if the resales are in line. Typically any Toyota or Honda depreciates about 10% a year from retail value to retail value.... some 'soft' vehicles might go down faster; e.g. Tundra's now. As an estimate a 2 y.o. $26000 Prius with 25-30K miles on it should be able to be sold for about $20000 or so. Trade in should be about $17000, more if you negottiate well. |
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