Used Prius prices higher than new model's

Used Prius prices higher than new model's

Filed under: Car Buying, Hybrids/Alternative, Sedans/Saloons, Green, Toyota



If vehicles could be sainted, stained-glass artists all over the U.S. would be busy figuring out the best colors for the Toyota Prius to shine in. Brand new examples of the motorized mollusk that everyone can't wait to buy spend just five days on dealer lots. Last year's model lasts just fifteen days more.

The real coup, however, is in the prices. An unused Prius requires about $26,672 to take home. The used version, with fewer than 10,000 miles, goes for around $27,945. That's right, nearly $1,300 more. More incredible: a 2007 model with more than 22,000 miles will only save you $276 compared to the price of a shiny new 2008. We're not sure you can even call that depreciation.

Toyota is increasing Prius production, but that'll take a moment to be felt on dealer lots. In the mean time, if you absolutely have to have a hybrid, we see a Malibu in your future...

[Source: Next Autos]

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That's interesting...

there is a waiting list right now for a prius, so there are some desperate people out there willing to pay a little more to get what they want right now. that is typical of most americans though. pay more now for the instant gratification.

its because there are so few used prius's people are jacking up the prices. supply and demand. out of the 3 major toyota dealerships there are only 2 new prius's on the lot. 5 have been sold through the internet departments. and there are 0 used prius's within the BURT network and the colorado toyota network.

Saw this officially on the news this morning while at the gym.