Hello all, my apologizes if this is in the wrong place. I was hoping I could get some feedback from a knowledgeable group. The dealer is offering a 2013 Prius Three (with backup camera and navigation) that was used as a loaner vehicle for the dealership. According to the Carfax, no damage, no issues etc. It has 17,000 miles and is in nice shape overall from what I can tell. His price is $24,000 even, plus taxes and everything which brings it close to $27,000. It also comes with a supposedly better warranty than what you would get with a new car. 1) Do you think this is a really good deal? and 2) Are there any particular things I should look for in the car or things that the dealer offers? Thanks very much, any feedback is appreciated.
The list is $27,415. It's a OK deal not a great deal. Most cars depreciate 5 grand the first year. Perhaps the extended warranty costs 2 grand.
See if they can come down another 2 grand or more. Car depreciates plenty the first year. 2013 Toyota Prius Three 5dr Hatchback Cost of Ownership
Compare what a new 2013 would be versus the used. I think you'll be surprised the difference is not that great, leading you to go for the new one or use it as leverage to negotiate a better price on the used.
Where I live dealers are giving $1,500 off list price on cars on the lot as we approach the 2014 roll out. I think the used car the dealer can make an additional discount of 2 grand than I would go for it or just buy the new 2013 with $1,500 off sticker. 17,000 miles is a years worth of driving for me
I'm not an expert by any means but I would definitely say no. I just purchased a '13 Prius Persona (which is basically a Three with a little more added) and the sticker was $29,744 and I paid $26,164. They were willing to take off quite a bit since it's getting close to the time for 2014. There's no way that I would pay close to what I paid for a used car, which basically the same features. I think it's a good idea to look at the new Threes on their lot and see what kind of deal can be made with them.
Also new car financing may be zero percent 5 years from TFS, used cars not as attractive. The new car financing buy down may close the price difference That car loan is a lemon - MarketWatch
Ditto with the rest. That's only a $2000 discount off new. 0% financing will close the gap some more. I'd rather have new than go with the risks of a rental loaner. I'd only consider it at $22k
I found another online,: 2013 Prius Three, 15,000 miles (2k less than previous one), sticker price is $22,900 (1,100 less than previous price after negotiating.) Carfax says one owner. Looks to be a loaner also. But I don't know about the warranty and this car is ~75 miles from my house. Will definitely look into this one.
Loaners get beat to crap. Check out the new 2013's on Jim Barkley's website. We are going to buy a 2 soon. The sales person told me the 2014's will be on the lot in 2-3 weeks.
Well, with 20-20 hindsite, the 1,500$ added on for the dealer " a supposedly better warranty" should have come out of the(top) deal, and other then that, welcome to a better way to get around
I should also mention that it has tinted windows, and cloth and rubber floor mats in the front and back. It has everything I was looking for: winter grey exterior, dark grey interior, backup camera. I'm definitely happy with it.
