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CA Carpool Stickers add $4,000 value

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by MrU, Mar 26, 2007.

  1. MrU

    MrU New Member

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    USA Today article stating that California Carpool sticker addes $4,000 to value of Prius.

    http://www.usatoday.com/money/autos/2007-0...-stickers_N.htm

    Here is a quote:
    "LOS ANGELES — Californians appear willing to pay $4,000 more for used gasoline-electric hybrid vehicles that have state-issued carpool stickers than for hybrids that don't, according to a sampling of prices by Kelley Blue Book for USA TODAY.
    The stickers allow low-polluting hybrids to use less-crowded, faster-moving carpool lanes, even if the driver is alone in the car.
    The state quit issuing stickers to hybrids last month after hitting a self-imposed cap of 85,000. Those already issued are valid through 2011 and stay with the car when it's sold, benefiting subsequent owners."


    I am moving out of California this summer, where I drive 80+ miles a day of the wonderful 405 highway. I am selling my 2004 Prius package #7 with 61k miles (w/carpool stickers) next month and have been trying to figure out what a fair price is. Kelly Bluebook (kbb.com) states the car is worth $16,700 in good condition and $17,900 in excellent. I feel my car is closer to excellent, with XM installed, Scion wheels, BT Stiffening Plate and tinted windows. I was thinking of asking $19,900 but with gas at $3.25 in Orange County and the car pool sticker good until year 2011, maybe I can get more? Any opinions?
     
  2. mywhitenoise

    mywhitenoise New Member

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    I doubt you'll get more than that. I bought a 2005 just the other week with almost 64,000 miles for $17,500 in California. This was from a dealer, which tends to price higher than a private owner. On top of that it's equipped with Voice Navigation, JBL System, Bluetooth, VSC, Side Airbags, everything. The interior and exterior are incredibly well taken care of for that type of mileage, and I feel like I got a pretty good deal (We'll see in a few months, I don't trust used car dealerships). Anyway, just because they say it adds $4,000 to the value, doesn't mean most people would pay that much more. I know I wouldn't. If I saw the same car with the same mileage and it was $400 more for the stickers, I'd rather take the one that's $400 less sans stickers.
     
  3. MrU

    MrU New Member

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    Was that $17,500 with or without Carpool Stickers?
     
  4. mywhitenoise

    mywhitenoise New Member

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    <div class='quotetop'>QUOTE(MrU @ Mar 26 2007, 05:41 PM) [snapback]412567[/snapback]</div>
    without. I'm surprised so many used cars don't have them, especially with that kind of mileage.
     
  5. bugmenot

    bugmenot New Member

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    <div class='quotetop'>QUOTE(mywhitenoise @ Mar 26 2007, 05:26 PM) [snapback]412561[/snapback]</div>
    I'd think one would gladly pay $400 more for the stickers, if they ensured a faster commute.

    Granted, the carpool lane benefit may be less useful in Sacramento, but for those Sacramento-to-SF Bay Bridge commuters, the "free" tolls alone would save $8.00 each day...
     
  6. lilandreewwww

    lilandreewwww New Member

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    <div class='quotetop'>QUOTE(bugmenot @ Mar 26 2007, 03:18 PM) [snapback]412583[/snapback]</div>

    I think that was a typo. He meant to write 4,000.
     
  7. bugmenot

    bugmenot New Member

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    <div class='quotetop'>QUOTE(lilandreewwww @ Mar 29 2007, 02:27 AM) [snapback]414028[/snapback]</div>
    I didn't think it was a typo - mywhitenoise appears to be saying that he/she wouldn't pay $400 (let alone $4,000) for the HOV stickers, all else being equal.
     
  8. lilandreewwww

    lilandreewwww New Member

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    oh right. his point was that he wouldn't even pay 400 more for stickers. gotcha.
     
  9. egb6550

    egb6550 New Member

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    Of course it depends a lot on what commute you face and the time you will save. I commute along the 101 corridor in San Jose - Mountain View Ca.. and to me the 4k is a bargain. In fact I spent 20k to get this access and privilege. The carpool lane incentive got me.. and I sure wish it was transferable, the way it looks now I'll have my 2005 till at least 2011.
     
  10. MrU

    MrU New Member

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    <div class='quotetop'>QUOTE(egb6550 @ Mar 29 2007, 02:39 PM) [snapback]414477[/snapback]</div>
    You are correct that the sticker is not transferable to another car, but it IS transferable to the new owner of the car. I was confused about this point until I decided to sell me Prius.

    Quote from the CA DMV http://www.dmv.ca.gov/vr/decal.htm

    "All Clean Air Stickers remain with the vehicle they were originally issued to and cannot be transferred to any other vehicle. If you purchase a vehicle that has a Clean Air Sticker you may transfer the sticker to your name."
     
  11. rvancil

    rvancil New Member

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    <div class='quotetop'>QUOTE(MrU @ Mar 29 2007, 10:28 PM) [snapback]414699[/snapback]</div>

    I picked up a used 2006 prius with 9k miles on it about a month or 2 ago right after they made the announcement that the stickers were gone. Thank god it hadn't sunk in yet cause I got a smokin deal, I got mine which has basically every option except for the Navi with the carpool stickers for just over $16K:) It does have a salvaged title which does hurt the value, but its in perfect condition, even had it checked out by the local dealer and they couldn't find any eveidence that it had ever been anything but perfect. You couldn't pry this thing away from me right now for anything less than $30K easy!! It saves me at least 6 hours a week of sitting in traffic and the gas savings is absolutely incredible over my honda ridgeline...I should have bought one of these a LONG time ago!!!

    FYI, if any of you have debated about buying a salvaged prius from the dealer up in Sacramento on Ebay I highly reccommend them! Very good people and their cars are top notch and completely fairly represented.
     
  12. rvancil

    rvancil New Member

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    <div class='quotetop'>QUOTE(LagunaPrius @ Apr 11 2007, 09:15 PM) [snapback]421921[/snapback]</div>

    From what they told me, the person damaged the left side of the car when she backed up against a poll and basically damaged both doors, and the rear quarter panel. Everything was repaired with factory parts and it looks new, I checked all the airbags and none have been deployed...I definitely got a sweet deal:)
     
  13. kipco

    kipco New Member

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    <div class='quotetop'>QUOTE(rvancil @ Apr 3 2007, 09:12 PM) [snapback]417434[/snapback]</div>

    Just wondering if you know why yours has a salvaged title if there seems to be no evidence of prior damage.