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

This is the worst time to buy a Prius Prime in terms of cost to buyer

Discussion in 'Gen 5 Prius Main Forum' started by Gokhan, Apr 13, 2023.

  1. TGTGUUD

    TGTGUUD Member

    Joined:
    Dec 15, 2022
    78
    65
    0
    Location:
    San Francisco
    Vehicle:
    2024 Prius
    Model:
    LE
    I too like my Gen 5 a lot and I never considered a Prius before for how slow it was and how it looked. But I’d be happier if Toyota priced it $ 4-5k lower. I believe Toyota is making good money selling the Prius at current prices.
    In some other markets, USD 30K is the price tag for a mid size EV with nearly 400hp, double wishbone all aluminum suspension, a lot of screens, etc… Since these are not available here, buying a Prius is still a good value long term…especially with the new look and performance.
     
  2. deev

    deev Junior Member

    Joined:
    Mar 29, 2024
    47
    13
    0
    Location:
    usa
    Vehicle:
    2024 Prius Prime
    Model:
    XSE Premium
    In Japan , Prime top trim is about $34K USD
     
    TGTGUUD and Gokhan like this.
  3. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    110,133
    50,049
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    saving money on gas is expensive
     
    model464 likes this.
  4. AndersOne

    AndersOne Active Member

    Joined:
    Jun 10, 2023
    332
    189
    0
    Location:
    Europe
    Vehicle:
    2023 Prius Prime
    Model:
    N/A
    You cant compare japanese prices at all - besides being their homemarket, they had (wage) stagnation for over 20 years, barely inflation now and exchange rate is crazy these days. One reasone Toyota was so succesfull last quarters.

    You should compare with EU prices - then you see how good you have it. Top trim is roughly 55k$ here (including tax & fees though)

    EDIT: I talked to one Japanese colleague and he said for him the P5 is pretty unattractive considering the high price compared to other cars (in Japan)
     
    #64 AndersOne, Apr 26, 2024
    Last edited: Apr 26, 2024
  5. Blackat

    Blackat Active Member

    Joined:
    Sep 29, 2023
    332
    214
    0
    Location:
    Colorado
    Vehicle:
    2023 Prius
    Model:
    Limited AWD-e
    My AWD Ltd was $34K. No dealer mark up
     
  6. JH26036

    JH26036 Junior Member

    Joined:
    Dec 18, 2023
    37
    20
    0
    Location:
    Boston
    Vehicle:
    2024 Prius
    Model:
    Limited AWD-e
    Shockingly good deal when it stickers $37,500 after destination at the cheapest with zero options, which I don't think even exist for the most part.
     
  7. Gokhan

    Gokhan Senior Member

    Joined:
    Oct 5, 2008
    4,959
    1,950
    0
    Location:
    Paramount CA
    Vehicle:
    2021 Prius Prime
    Model:
    Limited
    Nope, not EU. There are countries with 300+% tax on cars. And registration in some countries costs more than the car.

    Top-ten most expensive countries to buy cars—ezAUTO.MY
     
  8. Gokhan

    Gokhan Senior Member

    Joined:
    Oct 5, 2008
    4,959
    1,950
    0
    Location:
    Paramount CA
    Vehicle:
    2021 Prius Prime
    Model:
    Limited
    A $3,000+ dealer discount on a Gen 5?
     
  9. AndersOne

    AndersOne Active Member

    Joined:
    Jun 10, 2023
    332
    189
    0
    Location:
    Europe
    Vehicle:
    2023 Prius Prime
    Model:
    N/A
    Did you really just drop a list that contains countries likes Cuba, North Korea as a some relevant market comparison to the US, EU and Japan? :ROFLMAO:
    Besides stating wrong facts at least about UK it doesnt have anything to do with P5 prices...
     
    bisco likes this.
  10. Gokhan

    Gokhan Senior Member

    Joined:
    Oct 5, 2008
    4,959
    1,950
    0
    Location:
    Paramount CA
    Vehicle:
    2021 Prius Prime
    Model:
    Limited
    Come on now, did I write that list? It is a world list to satisfy people's curiosity.

    The EU, which you brought up, has nothing to do the with the US either. I only brought the world car prices up because I am familiar with some other countries with high car taxes firsthand.

    However, Japan is relevant because it gives you an idea on how much it costs to manufacture the car.
     
  11. Blackat

    Blackat Active Member

    Joined:
    Sep 29, 2023
    332
    214
    0
    Location:
    Colorado
    Vehicle:
    2023 Prius
    Model:
    Limited AWD-e
    I bought mine July 2023. Also, not a Prime
     
  12. Zeromus

    Zeromus Active Member

    Joined:
    Oct 21, 2023
    438
    220
    4
    Location:
    Ottawa Canada
    Vehicle:
    2024 Prius Prime
    Model:
    SE
    But they have to ship them from Japan, and they have to ship them across the country/continent after arriving at port, and then they have to pay duty and taxes themselves before it arrives on the lot, etc.

    The reason domestics are well priced is due to free trade agreements making supply a lot easier. And for domestic built Toyota's, the prices are still going to reflect local salaries too for the domestic manufactured parts. Though a lot of Toyota's parts are made elsewhere so shipping and all that logistics plus duties will still factor into pricing there as well.