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Prius appreciating in value..

S

Syringer

Lifer
Just seeing this on CNBC..a 2006 Prius, brand new, goes for $23,700, while a USED 2005 Prius has a bluebook value of $26,000.

Amazing..
 
Yet hybrids make up around 1% of all vehicle sales in the U.S. I think its stupid, because you could go out and buy a non-hybrid that still gets good mileage, and have more fun with it... the car that comes to mind is the Civic Si, which can be had for $20,000.
 
Originally posted by: Xanis
Yet hybrids make up around 1% of all vehicle sales in the U.S. I think its stupid, because you could go out and buy a non-hybrid that still gets good mileage, and have more fun with it... the car that comes to mind is the Civic Si, which can be had for $20,000.
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Si gets 23/32 on premium; not that its bad for 200HP, but that isn't "good" mileage by most people's standards.

EDIT And you won't be able to buy an Si at $20K. IIRC sticker starts at like $21-22K and demand is very high, so I wouldn't be surprised if there was a bit of markup.
 
Originally posted by: Amused
Smug is expensive.
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Lol
I know a guy in miami who has bought 2 of them and sold them in california for 4k more than what he bought them for. The trick is that he went on a waiting list when the 2004 models were first coming in
 
Originally posted by: fbrdphreak
Originally posted by: Xanis
Yet hybrids make up around 1% of all vehicle sales in the U.S. I think its stupid, because you could go out and buy a non-hybrid that still gets good mileage, and have more fun with it... the car that comes to mind is the Civic Si, which can be had for $20,000.
Click to expand...
Si gets 23/32 on premium; not that its bad for 200HP, but that isn't "good" mileage by most people's standards.

EDIT And you won't be able to buy an Si at $20K. IIRC sticker starts at like $21-22K and demand is very high, so I wouldn't be surprised if there was a bit of markup.
Click to expand...

Hmm.. 23/32 on premium is pretty bad for a compact coupe.
The TSX gets about 30 highway and it's a good amount heavier and larger.
 
Originally posted by: fbrdphreak
Originally posted by: Xanis
Yet hybrids make up around 1% of all vehicle sales in the U.S. I think its stupid, because you could go out and buy a non-hybrid that still gets good mileage, and have more fun with it... the car that comes to mind is the Civic Si, which can be had for $20,000.
Click to expand...
Si gets 23/32 on premium; not that its bad for 200HP, but that isn't "good" mileage by most people's standards.

EDIT And you won't be able to buy an Si at $20K. IIRC sticker starts at like $21-22K and demand is very high, so I wouldn't be surprised if there was a bit of markup.
Click to expand...


I am guessing you are a horsepower freak...
 
However if you do a ratio between what a nice corolla costs and a prius and then convert the difference in price paid and the difference in MPG it will take something around 10years to justify getting the prius, that is if your battery doesn't die.

Both models are similar in size and features and internal room.
 
Originally posted by: Glavinsolo
However if you do a ratio between what a nice corolla costs and a prius and then convert the difference in price paid and the difference in MPG it will take something around 10years to justify getting the prius, that is if your battery doesn't die.
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The point of this thread is that your logic there is false.

If you buy a Corolla and sell it a year later, you lose money. If you bought and sold a Prius a year later, you gained money. The gas savings is just gravy. Of course this trend won't continue forever. But it means those people laughing at the economics of the first Prius owners were wrong.

 
Originally posted by: dullard
The point of this thread is that your logic there is false.

If you buy a Corolla and sell it a year later, you lose money. If you bought and sold a Prius a year later, you gained money. The gas savings is just gravy. Of course this trend won't continue forever. But it means those people laughing at the economics of the first Prius owners were wrong.
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well, i doubt the first prius owners were factoring in appreciation of the car either. so, on the lemmas that the first prius owners used, they would be wrong on the accounting. the fact that the market came in and bailed them out doesn't mean they were right to begin with.
 
Originally posted by: ElFenix
well, i doubt the first prius owners were factoring in appreciation of the car either. so, on the lemmas that the first prius owners used, they would be wrong on the accounting. the fact that the market came in and bailed them out doesn't mean they were right to begin with.
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News of Prius's appreciating in value has been around for a long time. You are right, that gas savings isn't a good reason to buy a hybrid yet. But to ridicule others for buying a hybrid (as many here have posted in other threads) is just as bad.

 
Originally posted by: SagaLore
I want to buy one of those cars that run off hay. You know, the ones that Yamish drive.
Click to expand...
Those are not efficient. They get a very, very low MPG. I mean one galloping step will only cover a few feet. Thus the Miles Per Gallop would be in the 0.001 range.
 
Originally posted by: dullard
Originally posted by: SagaLore
I want to buy one of those cars that run off hay. You know, the ones that Yamish drive.
Click to expand...
Those are not efficient. They get a very, very low MPG. I mean one galloping step will only cover a few feet. Thus the Miles Per Gallop would be in the 0.001 range.
Click to expand...

😀

I could always get the single seater sports edition.
 
Originally posted by: SagaLore
Originally posted by: dullard
Originally posted by: SagaLore
I want to buy one of those cars that run off hay. You know, the ones that Yamish drive.
Click to expand...
Those are not efficient. They get a very, very low MPG. I mean one galloping step will only cover a few feet. Thus the Miles Per Gallop would be in the 0.001 range.
Click to expand...

😀

I could always get the single seater sports edition.
Click to expand...


No A/C and Pooper Scooper not standard option...
 
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