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2010 Toyota Prius Prices Paid and Buying Experiences

259 messages,  Last post on Nov 01, 2009 at 9:11 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#85 of 259
Re: please help [tyler70] by atlantabenny
Jul 05, 2009 (5:51 am)
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Replying to: tyler70 (Jul 04, 2009 6:06 pm)

I'm thinking we may be in a similar situation. I have a 2007 Infiniti M35 whose fuel economy is a combined city/hwy 19 mpg; I use regular unleaded. My annual mileage is 15k.
 
If I buy the Prius at this time, I'll probably lose $4,000 on the M35 to Prius exchange (based on private sale of my M35 with 49k miles).
 
Assuming $3.00/gal as the future average price of regular unleaded for the next 5 years, it will be on year 3 that I can recover the $4,000 loss on the M35 to Prius swap.
 
Because the M35, or your ES for that matter, has superior comfort and amenities vs the Prius, it makes sense to keep our current cars for 3 more years. In my case, that's the remaining ownership period I expect on the M35 anyway.
 
However, at $4.00/gal, the "payback" is shorter, at 2 years. This means that if I keep my current car beyond 2 years, my opportunity loss is about $2,000/year.
 
The question then becomes, at $4.00/gal, is the comfort and convenience of our current cars worth $2,000/year ?
 
A conservative guess is that we'll be at somewhere between $3.00 to $3.50. Under that assumption, I'll probably wait another 1.5 to 2 years, when Prius prices would have stabilized and resale value of the current car would still be favorable.
 
Maybe within that period, we'll also have more hybrid options.
#86 of 259
Re: Price Paid Prius ll base [dncb] by ilovetrailers
Jul 05, 2009 (10:23 am)
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Replying to: dncb (Jul 04, 2009 11:46 am)

Glad I was able to help you find Molle Toyota in K.C. MO
 
I have nothing but praise for the way they do business. My 2010 Prius is the 3rd purchase from them.
 
Good luck with yours.
 
Jim
#87 of 259
Re: please help [tyler70] by luvthesuninca
Jul 05, 2009 (2:19 pm)
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Replying to: tyler70 (Jul 04, 2009 6:06 pm)

I can see how the Lexus would be attractive. I too am trying to decide if I should pay the premium for a Hybrid. In 3 years, you will probably make up the difference. If you are planning to keep the car for 3+ it makes sense. I am betting I could also sell it after 3 years and maintain some value because they retain value well (the Hybrid).
 
I think I am going to go ahead with the Prius because I live in LA, drive a lot and the cost of gas is high.
 
But, you want to be comfortable too............I am wondering how comfortable the Prius is.
#88 of 259
Re: please help [atlantabenny] by tyler70
Jul 05, 2009 (5:56 pm)
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Replying to: atlantabenny (Jul 05, 2009 5:51 am)

Hi Atlantabenny:
I am so glad that I am not the only one out there with this question. One more reason for you to consider and that is: I heard if you are buying new car this year, your sales tax on your new car is tax deductible.
 
I spoke with this lady today and she bought a new 2010 RX for little below the Edmunds invoice price. she bought her FWD with Nav and Wood trim and 19" wheel for 38700. with that said, i think we can expect more price movement for the RX than the Prius.
 
My case is a little different than yours is that I need to buy an additional car for my wife (i am not selling my ES). my question is if I should choose a comfort (and get the Lexus RX) or safe money (and get the Prius)?? the difference in price is apprx 10k plus apprx 1k difference in gas per year.
 
I wish I have a crystal ball!
thanks
#89 of 259
Re: please help [luvthesuninca] by tyler70
Jul 05, 2009 (6:04 pm)
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Replying to: luvthesuninca (Jul 05, 2009 2:19 pm)

Hi lovthesunica:
I test drove the Prius (the old and new models) , if you get the fully loaded Prius, it has a lot nice features (self park, pre collision control, park assist...) however, the comfort is DAY AND NIGHT compared to the Lexus (as expected) and the material inside the Prius looks cheap. that is why I said in the last note, it is like apple and orange.. the question is do you want confort or saving. the price is apprx 10k difference (fully loaded Prius & partially loaded RX) and the gas saving is apprx 1k per year, assuming 15k per year and gas is apprx $3.50/gallon.
Pls let me know what you decided
#90 of 259
Re: please help [atlantabenny] by wvgasguy
Jul 06, 2009 (4:10 am)
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Replying to: atlantabenny (Jul 05, 2009 5:51 am)

I'm thinking those of you that are not sure about giving up your luxury brand for a Prius may not be ready. In 2007 I traded my Infinity FX45 for a Camry Hybrid. It was a tough decision. However my motivation was to save gasoline. It was not a "green" issue for me, it simply had to do with me personally not using any more foreign oil than I need to. I needed to walk my talk. This country needs to change and it really has to do it one person at a time. Will I make a dent? Probably not, but I may convince a few others, who will in turn convince a few others, who .....
 
I've loved cars as long as I can remember and the Camry was a far cry from what I was used to driving. Once I made the decision though I have not looked back. I've traded the Camry for a Highlander Hybrid (needed more space for the Grandkids and have a Prius V ordered (should get this week) for daily driving. I did find in the Camry with the Energy Screens on the NAV that each drive was a challenge in driving for maximum FE. I actually enjoyed playing with that as much as I liked rolling down the windows and listening to the FX wind out.
 
Your friends will think you've totally lost it. You have to know its the right thing to do or you may never be satisfied. Even then you will question yourself from time to time. The comfort and sportiness will not be there. I'm going to the Prius V in order to capture what sportiness there can be in driving a Prius. It will satisfy me, I am sure.
 
You may falter. As I decided on getting the Prius, I was tempted by the great deals on the CTS. Fortunately I could not work well with the local dealer so I went back to the Prius. It's was the right thing to do (for me).
#91 of 259
Off Topic by dncb
Jul 06, 2009 (6:04 am)
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I thought this was a forum dedicated to prices paid and buying experience. Why are there discussions about comparing Lexus to Prius, amenities in cars etc? Shouldn't they be elsewhere instead of forcing readers to sift through off topic posts to find out where to buy or not buy a Prius?
#92 of 259
Pricing change? by felt
Jul 06, 2009 (6:40 am)
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I have "ordered" a white, Prius IV w/ navagation. I have been lead to believe a IV matching that description is on my dealers allocation list. Today I checked the toyota.com official site, and it appears that navagation is now linked with the solar roof ...at a big increase in price. Is that a change in policy, or just the way my computer is displaying the web site?
#93 of 259
Re: Off Topic [dncb] by wvgasguy
Jul 06, 2009 (11:16 am)
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Replying to: dncb (Jul 06, 2009 6:04 am)

Sorry you had to post another needless post. Now everyone will be ticked because I posted again to take time to respond to you. That's how these things happen.
#94 of 259
Blizzard/Dark Grey, Pkg II, Bluetooth, Lease $308/mo, $1284, 48 mos by paulsha911
Jul 06, 2009 (1:51 pm)
Reply
Just negotiated a 48 months lease with a dealer in San Francisco. Blizzard Pearl with Dark Grey, Pkg II, no option other than the Blu-Logic thing. $308/mo with $1284 out-of-pocket which includes first month payment, deposit.
 
Is that a decent deal?
 
Paul

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