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Prius shortage gone

Discussion in 'Newbie Forum' started by raychenc, Oct 31, 2011.

  1. raychenc

    raychenc New Member

    Joined:
    Oct 30, 2011
    2
    0
    0
    Location:
    California
    Vehicle:
    2011 Prius
    Model:
    N/A
    My first post, so excuse any breach of manners.

    Looks like Socal has lots of cars.

    I looked at several dealers. Some had 5-10 prii. One dealer had 50. Another had 30.

    I just bought a blizzard Prius IV with navigation and floormats from a dealer.

    MSRP 30880, invoice 29137. Got it for 27690, zero percent for 36 months, tax and title separate.

    The dealer claimed he was losing money on me. Is it really possible for them to lose money?

    Is the demand down for 2011 models, while the supply has finally caught up?

    Wondering if I got a smoking deal, or whether all the 2011 will take a big hit in price. Kinda worried about my car keeping its value.

    Worried about the regular prius being a transition technology while the plug in is the way of the future.

    Thanks. Pretty excited. Love the car.
     
  2. car compulsive

    car compulsive Active Member

    Joined:
    Aug 6, 2011
    741
    274
    0
    Location:
    Michigan
    Vehicle:
    2011 Prius
    Model:
    Two
    Welcome. Sounds like you got a good deal. Two months ago when I bought my car, it was MSRP only in the midwest - usually after being on a waiting list.

    And no, the sales manager makes sure they don't lose money on any deal.

    I don't look on the current Prius as transition technology as a plug-in vehicle has advantages and disadvantages.
     
  3. El_Spectre

    El_Spectre Junior Member

    Joined:
    Oct 25, 2011
    75
    14
    0
    Location:
    California
    Vehicle:
    2012 Prius v wagon
    Model:
    Five
    Nah, these people are in sales, and they're not stupid. That's an extremely common claim, don't fall for it.
     
  4. jhknight

    jhknight Junior Member

    Joined:
    Oct 15, 2011
    74
    3
    0
    Location:
    south central Minnesota
    Vehicle:
    2002 Prius
    Model:
    N/A
    Yep, I think the shortage is over. I've been watching dealer inventory closely; until about 3 months ago the local dealers rarely had a Prius even to demo. Now they all appear to have about 10 cars on the lot each and stays at that same number for 2 months now. With incentives Im thinking of seeing just how low they can go for me...
     
  5. giora

    giora Senior Member

    Joined:
    Aug 28, 2010
    1,966
    730
    0
    Location:
    Herzliya, Israel. Car: Euro version GLI
    Vehicle:
    2013 Prius Plug-in
    Model:
    N/A
    Shortage is certainly over in Japan:
    Prius sales: 29,632 in October, 33,197 in September.
    CT200h sales: 1815 in October, 13,672 since introduction.