Was considering on leasing this car.

Current Toyota offer on 2017 Prius lease seems to be only on model Two. New Car Deals | Local Toyota Deals, Incentives & Special Offers
But $209/mo 36 mo $3199 due at signing seems still too much. I think you are better off buying it with $1750 rebate on Prius model. Better yet, since you are in NY, you should consider PRIME with $3500 cash back and possible $4500 tax credit. Good luck.

 

sounds like he was either clueless, or a ripoff artist. all you can do is shop more dealers. i prefer to do it through their website sales, saves a lot of time and aggravation.

 

I've noticed the value of my new 2016 model purchased one year ago has dropped by more than ten thousand dollars. It is a IV with all the goodies. This is the reason leasing is not a good choice for the higher model Prius. It's also good motivation to drive it till it falls apart if you buy one.

 

I thought the car kept its value better then many
10k seems massive over 1 year...

 

prius residual value is based on demand, which is based on gas prices, which are impossible to predict.
if you buy now, there are some great deals. when you want to sell, depreciation will be in complete relationship to gas prices compared to when you bought.

 

I used Kelly Blue Book to see the value of the car with current mileage (6500 miles) and all the options. I doubt you could find one so configured.

 

You need to get all the numbers broken down in writing. Most dealers won't and that is the clue your about to get hosed. I was going to get a 17 Corolla with all the standard tech options no money down for $179 in CT.

SM-G935P ?

 

I would think the low price of the prime might be cutting the value of the 2016s a bit. Why pay close to $20K for used when you could get a new prime for a few thousand more after tax credits? Also the safety upgrades on the 2017 two are probably hurting 2016 resale values

 

Toyota Of Wallingford | New Toyota dealership in Wallingford, CT 06492

Here is a zero down lease. CT dealers charge a conveyance fee of $399 which is not included. Taking into account the MSRP plus tax your paying off a third at this price. You also lose the incentives of buying it as previously mentioned.

SM-G935P ?

 

For me compared to Gen3 Prius, new Prius Prime has been a huge improvement in drivability arena, but that is all subjective. With all the incentive available in your region ($3500 rebate from Toyota, $4500 federal tax credit, also don't you get state incentive), you might be better off buying Prime than leasing it. If you didn't like Prime, and looking for a car with great fuel economy, 2018 Camry LE Hybrid with 52mpg may be worth considering. Good luck for your search of a new car.

 

Wow, $800 more to insure Camry compared to Prime. That doesn't sound right. Have you checked Geico? You don't have to see anyone or talked to anyone. You can find out quote online very quickly. I switched to Geico when I purchased my previous Prius, and saved $thousands. Yes, more than $1,000 saving per year on our household auto insurance rate for three cars, and it was better coverage than before.

 

Really! When I switched my previous 3 years old Gen3 Prius Two to a new Prius Prime, my insurance increased only $50 for 6 month. I was thinking of 2018 Camry Hybrid for my wife's next car, but I may have to re-think that idea if the insurance premium goes up that much. Maybe more demand on Camry parts at chop shop???

 

In UK, all drivers under 25 years old have to pay very high insurance premiums because they're statistically more prone to expensive claim accidents. Perhaps the same thing applies to you with the Camry because it's a more powerful car.

The steering in the Prius is electrically powered and lacks the feel you get with hydraulic PAS. I am assuming he that the Prime steering is the same. That said, you do get used to it remarkably quickly and will find it is very precise (as you discovered) and extremely accurate. I can't promise that you definitely will grow to like it, but strongly suspect you would after about 20 miles.

Good luck with your choice and let us know how you get on.

 

I just checked at Geico site to get quote on what if I replaced one of my vehicle with 2018 Camry. The result turned out to be 2018 Camry was almost $90 cheaper to insure than 2017 Prime for 6 mo period. I didn't have VIN, so I used their pull down choice for the make of the car. There was no Camry Hybrid, so this is just for 2018 Camry, but I am sure they will honor the quote for 2018 Camry Hybrid. That is strange. There was another thread here just came up. Someone from PA was quoted $2000/year for a new PRIME. That's crazy.