The company i work for is assigning me to a division in another country and I need to be there by Aug 1. We currently reside in Missouri. I bought a certified pre owned Prius 5 with 7500 miles, black from the dealer. It was their loaner car. I bought it about one year ago. It now has 23 000 miles, and is in good condition with minimal wear. I now need to sell it but would rather dump it at the dealer. They are offering me $22500. The question is, is this a good offer or should I ask for more.. Let me know your thoughts
Car prices (used and new) are affected by geography, so getting relevant responses here is not easy. I'd suggest looking at kbb.com, edmunds.com and nadaguides.com. Using your zip code and car's model, options, mileage and condition, you can see what the dealer trade values are. There will be variation between the sites, but at least you'll have a range.
I'd suggest that you either swing by a Carmax for an appraisal/offer or go to Auto Trader Online to get an estimate of value. Where I live it is hard to find used Toyota Prius, actually for that matter new ones either.
All the online estimators have my car's value at over what I paid for it including taxes and a bit of neg-equ we had from our truck.... seems crazy. We love the car though, so we're keeping it.
I've also noticed this as well. As much as I've put into my Prius, I don't count on selling it for a LONG time. Not to mention, this Third Gen really won't go out of style for a long time in my opinion.
Dealers always are cheaper but the pain factor is about 1/10 vs private party which is 15/10 and make you want to slit your wrists. That doesn't seem a bad price htey are offering, they will sell it for some thousands more, but hey it's a year old car, too, even though it is a Prius V. I'm sure you could get more private party and it may be worth at least testing the waters. You won't get idiots looking at the car and boy racers.
Yeah they'e been going up a bit nationally for around two weeks now. Oil up several bucks since then, too. I think there's a pretty decent chance the economy will implode (I don't want to give odds) and crash it down, but then who knows. i don't trust that enough to play in the market one way or the other. The only safe thing I can predict is that prius supplies will go up as toyota gets production sorted out. I don't think there's a good chance at all that one's trade-in value will do anything but stay the same or go down in coming months (probably down).
Oh yea, they're creeping right back up in Dallas too...don't like what I'm seeing at all. So much for that foolish (political) release from the strategic oil reserves.
