1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Should we buy it or get something else?

Discussion in 'Gen 3 Prius Main Forum' started by stephensprius, Jun 11, 2014.

  1. stephensprius

    stephensprius Active Member

    Joined:
    Nov 14, 2012
    670
    226
    0
    Location:
    Minneapolis, Minnesota
    Vehicle:
    2013 Prius
    Model:
    Persona
    So...we lease my wife's 2013 Prius persona. Mileage has been excellent. Not bad in Winter driving either surprisingly. I think the payoff on it now is 23,000 (and change). When lease is up it is 14,500. Lease matures in March 2016. We have about 18,000 miles on it in just the first year. Although, now, we do much less driving. The lease payment is 296/month. Insurance is higher on Prius too, more than my 2014 Honda crv. I'm not sure if that is because the CRv is an SUV- or because insurance company is concerned about hybrid reliability- or what? Both are safe vehicles. Not sure. Anyways, should we buy this car at the end ? Or does it make more sense to buy another 14-15k dollar vehicle non-hybrid, less insurance, etc? I know many, many people like 2fasfu and others have driven these cars 200-300,000+ miles! But that is also in a very short span of time. We still don't know how reliable it will be long term with putting on miles slowly over the course of 10+ years. Or more? Most, non-hybrid vehicles, if serviced properly, should make it to 200,000 miles or 15 years of quality service. I'm thinking Honda Accord. Let me know your thoughts Prius world. Thanks!
     
  2. Former Member 68813

    Former Member 68813 Senior Member

    Joined:
    Oct 3, 2010
    3,524
    981
    8
    Location:
    US
    Vehicle:
    Other Hybrid
    Model:
    N/A
    For that amount you get a stripped down subcompact, not exactly a fair comparison. If this is all about saving money, first, you shouldn't lease or buy new. Old beater or public transportation is ultimately cheaper. The choice is yours.
     
  3. stephensprius

    stephensprius Active Member

    Joined:
    Nov 14, 2012
    670
    226
    0
    Location:
    Minneapolis, Minnesota
    Vehicle:
    2013 Prius
    Model:
    Persona
    1. public transport is awful in minneapolis. we need two cars. we have two children going to different sides of the city and at different times.
    2. an old beater is not a reliable slam dunk. again, i have two little girls. cold, terrible winter here in MN, don't want to be stranded.
    3. i can buy my mom's used, 2011 jeep liberty limited (leather seats, sunroof, nice stereo, nice wheels) 4x4 for 14,000 when her lease is done. gas mileage is God awful 15-17 mpg in city and hwy driving. But, it is fairly inexpensive car for one owner, 30,000 miles.
     
  4. ny_rob

    ny_rob Senior Member

    Joined:
    Feb 28, 2012
    1,968
    813
    0
    Location:
    L.I.- NY
    Vehicle:
    Other Hybrid
    Model:
    N/A
    There's no reason to believe the Gen III wouldn't hold up like the Gen II Prius did.
    There have been some Gen III issues when they're being used (and abused) for taxi cab service, but for regular use and with regular maintenance- you should get 200-300K mi out of the Gen III (and at 50+ mpg the whole time too).
     
  5. stephensprius

    stephensprius Active Member

    Joined:
    Nov 14, 2012
    670
    226
    0
    Location:
    Minneapolis, Minnesota
    Vehicle:
    2013 Prius
    Model:
    Persona
    but at 15k miles a year, it would take me 20 years to get to 300,000 miles. do you believe this car will last 20 years?
     
  6. stephensprius

    stephensprius Active Member

    Joined:
    Nov 14, 2012
    670
    226
    0
    Location:
    Minneapolis, Minnesota
    Vehicle:
    2013 Prius
    Model:
    Persona
    I like my moms Jeep. It's very sharp looking but not sure if mathematically makes sense or if it would kill me at the gas station.
     
  7. Former Member 68813

    Former Member 68813 Senior Member

    Joined:
    Oct 3, 2010
    3,524
    981
    8
    Location:
    US
    Vehicle:
    Other Hybrid
    Model:
    N/A
    $3000-4000 per year in fuel cost (assuming 15 MPG). You can buy lots of prius batteries for that money (assuming they fail every 10 years or so).
     
  8. stephensprius

    stephensprius Active Member

    Joined:
    Nov 14, 2012
    670
    226
    0
    Location:
    Minneapolis, Minnesota
    Vehicle:
    2013 Prius
    Model:
    Persona
    here is a pic of the jeep.
     

    Attached Files:

  9. ny_rob

    ny_rob Senior Member

    Joined:
    Feb 28, 2012
    1,968
    813
    0
    Location:
    L.I.- NY
    Vehicle:
    Other Hybrid
    Model:
    N/A
    You'd get tired of it before then- one of your kids would love to have it somewhere down the line though.

    Did you compare the crash test ratings between your Prius and your moms Jeep?
     
  10. stephensprius

    stephensprius Active Member

    Joined:
    Nov 14, 2012
    670
    226
    0
    Location:
    Minneapolis, Minnesota
    Vehicle:
    2013 Prius
    Model:
    Persona
    I am sure the Prius has better ratings
     
  11. ny_rob

    ny_rob Senior Member

    Joined:
    Feb 28, 2012
    1,968
    813
    0
    Location:
    L.I.- NY
    Vehicle:
    Other Hybrid
    Model:
    N/A
    Well, that should count for something since you have kids....
     
  12. sktn77a

    sktn77a Member

    Joined:
    Apr 28, 2007
    294
    13
    0
    Location:
    NC
    Vehicle:
    2005 Prius
    There's a reason the Jeep depreciates so heavily. If you still like the Prius after 3 years, buy it.
     
  13. stephensprius

    stephensprius Active Member

    Joined:
    Nov 14, 2012
    670
    226
    0
    Location:
    Minneapolis, Minnesota
    Vehicle:
    2013 Prius
    Model:
    Persona
    Jeep wrangler is one of the top vehicles in resale value. The Liberty, maybe not. It's a discontinued vehicle. I was only thinking of doing it because I could finally own something (free & clear) without a car payment eventually. I guess I will just continue making lease payments and then pay off Prius when it's done.
     
  14. stephensprius

    stephensprius Active Member

    Joined:
    Nov 14, 2012
    670
    226
    0
    Location:
    Minneapolis, Minnesota
    Vehicle:
    2013 Prius
    Model:
    Persona
    it certainly does count. i care about the kids safety. i have thought, despite iihs safety, that the jeep would be safer because it is heavier. The prius seems so flimsy.
     
  15. gmaur

    gmaur Junior Member

    Joined:
    Jun 7, 2014
    22
    3
    0
    Location:
    Dearborn, MI
    Vehicle:
    2014 Prius
    Model:
    II
    I had two Jeep Cherokee Sports. The first I leased, the second I owned...and sold in 2006. I loved that car, it did everything I needed/wanted except save money on gas and repairs. I believe the Liberty took its place with upgraded styling and features? Anyway, my experience with Chrysler vehicles (too many repairs) wasn't the best.
     
  16. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    110,133
    50,050
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    same here.:(
     
  17. budrow56

    budrow56 Junior Member

    Joined:
    Jun 13, 2014
    45
    1
    0
    In little rock to insure my 2012 prius v is 875 a year


    iPhone ?
     
  18. ibmoses

    ibmoses Junior Member

    Joined:
    Jun 1, 2014
    109
    22
    0
    Vehicle:
    2013 Prius
    Model:
    Two
    I have found that it is impossible to predict how long one will keep a vehicle or how many miles one will accumulate on a vehicle. Over the course of several years the path will be changed and so will the outcome.
    My recommendation is to buy the car at the end of the lease OR use the leased vehicle to trade up to a new Prius.

    I dont understand why your insurance is higher though on the Prius unless it is because of the value is higher on the Toyota.
     
  19. El Dobro

    El Dobro A Member

    Joined:
    Jul 12, 2011
    7,027
    3,241
    1
    Location:
    NJ
    Vehicle:
    Other Electric Vehicle
    Model:
    N/A
    Lucky you, $1909 here in NJ.
     
  20. xpcman

    xpcman Senior Member

    Joined:
    Jun 11, 2009
    1,302
    295
    0
    Location:
    California - SF Bay area
    Vehicle:
    2008 Prius
    The first car on your insurgence policy always costs more than the second. Because you get a discount on the second car.