Trying to decide whether to buy at end of lease for turn it. The car has 19,000 miles. Any thoughts would be appreciated. Only problem we have had was the battery had to be replaced which caused intermittent starting problems. No problems since replaced.
That's a low mileage Prius. I'd buy it for $14541. Try and get the dealer to come down on price a little bit, be prepared to walk away if they don't budge. Lots of used Prii are on sale these days due to low gas price. However, gas price will come back up by end of the year.
i think it's a great deal, and you're not buying someone else's sordid history. look around a little and see what others are going for.
If you still like, buy it. If not, walk away and never think about it again. With 19k, you have a lot of life left in it. I really think its a personal decision. I have the same thoughts about my Camry Hybrid. Its an awesome vehicle but, I really like the Avalon.
Let's put it this way. I think anyone simply looking for a Prius as a first time purchase would drool to get a deal like that. That's a great price for a low mileage Prius and of course you have the near priceless advantage of knowing it's history. BUT...if you are even asking what you should do? That would suggest to me that perhaps you are bored or just hungry to make a change. And that is part of the reason people lease. It's perfectly valid. Any idea of what vehicle you would want IF you don't decide to purchase?
Our lease was up in Jan on our 2011 and we bought it. Ours had about 38,000 miles...replaced tires with the originals at 36,000 miles since would barely hydroplane at over 70 in very wet conditions and one tire had an un-repairable hole on the tread shoulder. Only other repair was a new cabin filter at 30,000 miles since mice decided to chew ours up and make it their home! BUY IT!
Would you be financing the purchase? If so, have you looked into the financing rates? I considered leasing my plugin Prius with the intention of buying it out at the end of the lease. At a time Toyota had some very good incentives & with the accelerated depreciation with a 18,000 mile lease it lowered the buyout considerably. The numbers looked good until I factored in the higher used vehicle interest rate for the buyout.
You cannot get the dealer to come down on a lease payoff, they want your car back to sell for $17000. If you don't want the car, you can sell it privately for $15500 and pay it off for $14541. Should sell in a heart beat
I agree with JC91006 that you should be able to make a profit by flipping the car if you really don't want to drive it. If you don't buy it, what is going to replace it?
