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
> 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?
What is a "gasser"?
Posted by bwilson4web on May 15, 2011, 1:55 pm
wrote:
> In article
> > 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?
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.
> I'm trying to hijack the thread from the resale value of Prius by asking
> an Troll's mock question, What is a "gasser"?
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:
> wrote:
>> In article
>>
>>> 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?
> 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
Just a bit of "Greater Fool" willingness to pay, there....
Posted by bwilson4web on May 15, 2011, 4:11 pm
. . .
> > 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
> Just a bit of "Greater Fool" willingness to pay, there....
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
> 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?