Hybrid Car – More Fun with Less Gas

Prius prices ... new higher than used

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Posted by bwilson4web on May 15, 2011, 11:49 am
 
http://autos.aol.com/article/used-cars-that-are-worth-more-now/

"Rising gas prices and the earthquake in Japan, which shuttered
automotive production for weeks, are also playing a role. Dealers
worried that about possible shortages from the Japanese automakers are
stocking up on used fuel-efficient cars so they have something to sell
later this summer.

The most startling effect is on the fuel-efficient Toyota Prius, which
is worth $2,555 more today than it was when it was new a year ago,
according to Kelley Blue Book, which tracks used car resale values."

So how are gassers doing?

"That's particularly true for fuel-efficient cars, which are seeing
higher sales due to high gas prices. Manheim says prices on all
compact and midsized cars are up 60% compared with six months ago. But
large SUVs and pickup trucks are up just 5%."

Bob Wilson

Posted by Elmo P. Shagnasty on May 15, 2011, 12:41 pm
 
In article


What is a "gasser"?

Posted by bwilson4web on May 15, 2011, 1:55 pm
 wrote:

Well I decided to find out what happened to the price of my wife's
2010 Prius.

In May 2009, we bought her silver, series III, 0 miles for: $24,250

In May 2011, Ebay just listed a completed sale, item 120716991462, a
silver, series III, 10,200 miles for: $26,500.00

26,500 - 24,250 = $2,250 increase in value

Gosh is it nice to own Prius, two of them.


It will take some time to assemble the answer. So I'll post in the
thread "here's your generator" in a few hours.

Bob Wilson


Posted by News on May 15, 2011, 3:43 pm
 On 5/15/2011 1:55 PM, bwilson4web wrote:

Just a bit of "Greater Fool" willingness to pay, there....

Posted by bwilson4web on May 15, 2011, 4:11 pm
 . . .

It is called 'supply and demand', the free market, and combined with
high gas prices and Prius production limits . . . we're likely to see
more reports of the "Prius premium." Back in 2005-06 there were
waiting lists and Toyota dealers where adding thousands to the price.

Bob Wilson

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