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Gen 3 Prius depreciation

Discussion in 'Gen 3 Prius Main Forum' started by ozboy, Jul 17, 2009.

  1. ozboy

    ozboy New Member

    Joined:
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    Location:
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    Vehicle:
    Other Non-Hybrid
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    N/A
    Well the Australian version of the Prius finally has its own full website, so the car must be days away from the dealers, if not already here.
    I was incredibly surprised to see how well the Gen 2 Prius holds its value in the USA - that is mainly due to how cheap it is sold there.
    The forecast is for very good resale value on the Gen 3 Prius in the US (again the sell price is very low).

    Does anyone have feedback on resale/depreciation in Australia for both the Gen 2 & the estimation for Gen 3?

    I am planning on buying the i-Tech version, which I know will depreciate at a greater rate than the base model.
    The i-Tech is 53,500 plus on road costs (which is about US$40K + on road costs)
     
    #1 ozboy, Jul 17, 2009
  2. wvgasguy

    wvgasguy New Member

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    Wow. Is the $40K due to taxes? My V w/Nav in the states was $30K. I would expect depreciation to match up with the residuals for leasing. The 2 year residual on mine is around $20K. After that it dropped less than $2K per year
     
    #2 wvgasguy, Jul 17, 2009
  3. ozboy

    ozboy New Member

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    Nah, we only have 10% Goods & Services Tax, so tax free it would be about $36K. Like I said, you are geting it very cheap in the States compared to other countries. The benefits of a 300m population (pity about your plummeting house prices - ours will be up another 10% this year :p )
     
    #3 ozboy, Jul 19, 2009
  4. wvgasguy

    wvgasguy New Member

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    That's not everywhere although you wouldn't know it from the news. The WAAAAY overpriced housing has dropped alot. It needed to. Then everything else is just snowballing out of control.
     
    #4 wvgasguy, Jul 19, 2009
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