It will not be any time soon as Toyota has not even set a build date for 2015's as of yet! but I guess we could hope for a short 2015 run.
Buy now and wait for '15, or '16, or'17 ... Any reason to deprive yourself in the meantime when no one knows about the next gen? With the good resale value and low operating costs, there is little to lose. Many Prius owners say that the thing they regret most about buying a Prius, is not buying one sooner.
It's not even best to buy in the first two model years : 2010/ 2011 Prius liftback: No power driver's seat available in ANY trim. In other words, there is no seat tilt adjust available in any trim of any 2010 / 2011 Prius Two and Three without Navigation have no USB port two and Three without Navigation have no touchscreen There was no HD radio available in any trim No Entune available Two and Threes only had one door Smart Key, now Three has 3 door and more... And to the OP, just realize what you're buying into in a Prius - it the most efficient and practical hybrid, and the drivetrain is far ahead of any conventional out there, but I'm reminded every day on 880 that - it is not very quiet at all on rough freeway pavement, therefore the 'JBL' is for naught during those times Toyota seems careless to put in a seat that slides way back and goes way low, but the steering wheel guy didn't get the memo, so it doesn't pull out much for the tall folks. My poll shows 25% find the wheel doesn't pull close enough. I kinda see this car like a young teenager that seems to have a lot of potential and a future, but a lot of maturity is needed.
Yeah, but my 2010 has a change tray in the center console. Makes up for everything. Besides, next year will always be better. That is the nature of everything. If you don't change and add features, you will lose. Every year will bring better radios, better seats, better paint colors, more options, etc. If you always sit on the sidelines and wait for the next year to bring the perfect package then you will be left behind while others enjoy what they have now.
I'm in a similar situation and have been looking for a Prius for almost a year now... Your Accord will go another 100k miles, so the best thing to do is wait for the Gen 4 to arrive in the 3rd quarter of 2015, and then buy a 2012 Gen 3 from a private party. You've already driven the Accord 10 years; what's 1 more year? Me, I'm on the lookout for amazing deals on a 2010-2012, with the requirement that it has Bluetooth. Impatience will cost you in proportion to how impatient you are.
I'd wait for the 2016 Prius even it would be the 1st year model. The reason is that Prius v failed badly in the corner crash test conducted by the Insurance Institute for Highway Safety. Prius hatchback model hasn't been tested but I have no doubt that it shares the same structural construction. Toyota promises to redesign vehicles to protect passengers in front-corner impacts. Hope that fix will save some lives. Ref: Toyota's Camry, Prius v get worst ratings in new crash test - Los Angeles Times