Considering selling my 2010 Prius II White

Discussion in 'Gen 3 Prius Main Forum' started by 2010priusaz, Jul 20, 2009.

  1. accordingly

    accordingly Member

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    In my opinion you're going to have to get pretty lucky to sell that car for what you're asking. You need to find someone headed into a dealership soon determined to buy a Prius II. The car is used, no matter how gently. You take a huge depreciation hit the second you drive a new car off the lot.

    Do offer the car for sale here and other car sites if you can... maybe even spend a couple hundred on the [reserve] eBay listing to feel things out- there's a lot of brand new cars on there.
     
  2. 2010priusaz

    2010priusaz New Member

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    Great replies so far.. I have had two calls on the Car, Im starting to think it would be very finacially unwise to sell it this soon. I paid MSRP 23,100 plus tax title license, warranty and theft protection i came just under 27,000. If i sell it for 23,000 i lose 4k right away.. i want a bmw, but not that bad. I dont know if i could get more than 23,000 form anyone??? Ideas??

    Also, to address someone earlier who asked why i wanted a prius, Ill try to explain.

    I have always owned japanese cars, 1992 Acura Integra, 2000 honda civic Si, 2005 Acura RSX, loved all of the cars, hated paying $4.10 a gallon last year, i felt like i was taken advantage of eveytime i went to the pump and dindt like seeing all of our money going to OPEC.
    The prius fascinated me, and electric car would have been my 1st choice, but not many practical choices there.

    The prius is pretty sweet, smart key system, ev mode, lots of technology at a relatively reasonable price, when i saw the 1st pics of the 2010 model I really liked the redesign, the font end in my opionion is light years ahead of the last generation, far more sporty, but the plain back end remains... I would never have bought a 2nd gen prius.. just didnt do it for me.. but I am a fan of the 3rd gen...

    I bought the car beacuse i did want to save gas, and money on gas and I liked the idea and tech behind the prius.. i traded in a 2005 Acura RSX for the prius, so i thought i was over the whole fast japanese coupe phase.. maybe i wasnt.. this is my 1st sedan and 1st automatic car.

    I should have spent more time looking into the Acura TSX and TL models and Lexus IS 250.
    IN addition to the 3 series. But its too late I made my choice.. at the dealer I even almost bought a camry hybrid with leather and Navi for nearly the same price, but I chose the prius... I am happy with my car, just half of me wonders if i made the right choice,, if my gas is paid anyway.. i figured Id rather drive something that is a pleasure to drive with lots of power and comfort..im just rambling on now.. i think in the end most likely I will not goet close to what i need to get to in order for it to make any sense selling my prius.

    So I need to just be happy with this awesome car,,, and look past the few shortcomings..

    Keep the thread going,,, i find it fascinating what u guys think.. your prius owners too.
     
  3. SageBrush

    SageBrush Senior Member

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    Have your company reimburse you by the mile. Then you will *make* money while driving.
     
  4. eddiehaskell

    eddiehaskell Member

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    I liked sporty cars, but as I got older, I realized that the things I hated about the Prius weren't really that bad. It's quiet, rides smoothly, has a lot tech in it, great mileage, plenty of room for 4 people and a hatch that can fit a lot of stuff (not to mention extreme reliability). It's basically the perfect car for 95% of the time I spend driving. During the other 5%, I'd love to have a manual gearbox, 200+ HP, sleek looks and a tight suspension...can't always have it all though. :)
     
  5. dc202

    dc202 Member

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    Please be aware of serious engine problems with this model of BMW. I suggest you do some research first.
     
  6. pdxrose

    pdxrose New Member

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    Great point. Even worse, what if he looses his job? A lady that works at one of my clients (still making money) said everyone had to take a 10% paycut last month and another 10% may be coming. So could end up changing jobs :eek:
     
  7. wvgasguy

    wvgasguy New Member

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    If you're wanting a BMW it's a good thing you didn't get the TCH. I loved mine but it is a mushy ride and certainly not something I'd want to drive in the twistes very often.
     
  8. 2010priusaz

    2010priusaz New Member

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    I agree with almost everyone here, I am impressed with this forum, no dumb insulting posts, just good people being honest and impartial.. for the most part.. Instead of griping about what the prius, i need to remind myself why I wanted the prius so much in the 1st place.. I shouldnt second guess myself, or let the comments of ignorant non-prius owners effect my opinion of the car. As time goes by, I am wanting the BMW less and less, like I mentioned before, I can always get one later, plus I have heard rumors that the next gen 3 series, due out in 2012 will have a hybrid drivetrain.. how awesome would that be,, in the meantime the prius will suit me very well
     
  9. Crazyhorse6901

    Crazyhorse6901 New Member

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    You shouldn't have too much trouble unloading your Prius II since the demand for this particular vehicle is really CRAZY:hippie: .
     
  10. cycledrum

    cycledrum PSOCSOASP

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    Some food for thought ....

    I believe Mazda will be putting the all-new 2010 Mazdaspeed3 out this Fall ...

    hatchback, tons of horsepower, manual shift, tears up the twisties.

    If you must sell the Prius due to not being happy, this speed 3 would be a lot of car for little coin, the depreciation on the Pri wouldn't hurt as much.

    Plus, Mazda's are much more reliable than a BMW.

    Hopefully the speed 3 won't come with the 3's 'happy face'. :eek:
     
  11. bwilson4web

    bwilson4web BMW i3 and Model 3

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    Just a wild thought but can you swing getting a performance 'project car?'

    Find an older car, well worn, that meets your performance objectives ... say one with stellar handling but a 'broke engine'. Then rebuild it into your dream car. You might pay say $5-8k for the project car but over time, you can budget in the upgrades:

    • blue-print optimum engine
    • race style suspension
    • quality road tires - performance only, screw long life
    • tuned exhaust
    • dude, do the interior RIGHTEOUS
    • exterior in a custom paint job
    • tunes ... a sound system from 'the last trumpet'
    The Prius provides reliable transportation and whatever is needed to fetch stuff. The project car becomes 'yours' and like "The Curious Case of Benjamin Button" grows younger. <grins>

    Just a thought,
    Bob Wilson
     
  12. okiebutnotfrommuskogee

    okiebutnotfrommuskogee Senior Member

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    Here's another thought. Maybe your employer will appreciate the fact that you are saving him money on gas.
     
  13. jestoy7

    jestoy7 New Member

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    I like how you think, Bob. That is why I have my Prius. It allows me to focus time and resources on my project car: 98 Eclipse GSX. :D
     
  14. efusco

    efusco Moderator Emeritus
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    You're gonna lose more on the sale of this car than you ever would have saved by buying a Prius instead of the BMW. If the money and math are your primary motivators then you're far better off staying with the Prius in both the long and short term and in on the chance that you lose your free gas.

    If you really want the BMW b/c of style, comfort, whatever, that's a different issue and you should have gotten it in the first place, IMO. The amount of money saved just shouldn't justify that choice b/c it's not a lot. Get a car that'll make you happy. I would keep the Prius...but I have a huge bias!
     
  15. PearlieGirl

    PearlieGirl New Member

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    Well I have a 1991 BMW 325i convertible "project" car, and now that I have my Prius IV, I don't even want to drive it! The BMW has been my summer fun car so of course I will keep driving it once the thrill of the Prius dies down a bit.

    I would say put your depreciation money towards a project car and keep the Prius. Good luck in your decision!
     
  16. Codyroo

    Codyroo Senior Member

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    OK, a couple of things.....

    1) It appears that soaring gas prices were what got you looking into the prius in the first place. Gas prices have tumbled. But WHY have they tumbled? The biggest driver is the overall economic picture in the world (we can add speculators into this category). While we may see "seasonal" highs and lows, the overall world economy will really drive the direction of gas prices. The world wide economy has fallen on hard times, but it appears to be recovering. Expect gas prices to continue an upward climb (the Fall season may damper the overall upward movement, but I would expect next summer that gas will be notably more expensive that this current summer). For giggles, assume $3.50 - $4.00 per gallon.

    2) Trade in value. If we assume that gas prices are tied to world economic woes and that the world economy will be improving from its current state over the next 2-3 years, expect that gas prices will increase to $4 or above per gallon. If that is the case, what is going to be the resale/trade in value of the BMW (gas inefficient) versus the Prius (gas efficient). Likely the Prius will retain its value should you want to trade it in for an updated BMW in 2012.

    3) Job. Things change. Your job may not pay for gas in the future or you may change jobs where your gasoline bills are covered. What then? Will you be happy with the BMW when you are paying for the gas out of your own pocket? Sounds like no, or else you would have picked one up this time around. Look forward for the next 3 - 5 years. Where will you be and what would happen if the current state changes. Remember, companies are always looking to cut costs and your company may do that (maybe give you a set "yearly" gasoline stipend, (say up to $1500) instead of just paying for your gas.)
     
  17. 2010priusaz

    2010priusaz New Member

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    More great insight here.. I am almost ready to take my prius off Craigslist and end the emails and calls about the car, none so far have been willing to pay my asking price.. another deciding factor about keeping the car.

    What this guy said

    "You're gonna lose more on the sale of this car than you ever would have saved by buying a Prius instead of the BMW. If the money and math are your primary motivators then you're far better off staying with the Prius in both the long and short term and in on the chance that you lose your free gas.

    If you really want the BMW b/c of style, comfort, whatever, that's a different issue and you should have gotten it in the first place, IMO. The amount of money saved just shouldn't justify that choice b/c it's not a lot. Get a car that'll make you happy. I would keep the Prius...but I have a huge bias! ""

    What he said rings true and I knew it all along, was just second guessing my decision, I know it makes no financial sense to sell a new car 3 weeks after you buy it, i just got my 1st bill for it yesterday.

    I need to overlook the performance and styling issues i have with it, and what dumb people think/say about the car.

    So I am 99% sure I will keep it.

    Its really strange, this is the 1st time in my life I have actually wanted gas prices to go up, if they do, it somehow justifies my purchase, if they go down it makes it look almost like an unwise decision, and means it takes years longer to get a return on paying a premium for a hybrid car... oh well
     
  18. Codyroo

    Codyroo Senior Member

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    It is NEVER an unwise decision to try to conserve our natural resources, and it is a sad state of our society that we feel pressure to justify conservation.

    Food for thought.
     
  19. Indyking

    Indyking Happy Hyundai owner...

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    Interesting thought, almost evil, but interesting. I'm out in a conference this week, and somehow during dinner somebody in our big round table (about 10 people) said "I'm glad gas prices are going down but I guess my neighbor is hating it because he just bought that new electric Toyota that he calls green car" ... and then everybody got involved in the conversation but me, and I heard many stupid comments about the Prius until I decided I could not stand that anymore and finally opened my mouth to reveal that I own the new Prius. Of course, people were greatly embarrassed and were trying to politely fix the situation but I made them to feel more and more abashed, I just could not stop myself. Among many tings, I said that I was actually glad that gas prices are going down but unfortunately, that trend could perpetuate the ignorance of the general population about the Prius, or any hybrid for that mater, and therefore encouraging the antiquated culture of buying gas guzzlers and contributing for an anti-green attitude ultimately setting a really bad example for others around us. I think they got my point…
     
  20. bwilson4web

    bwilson4web BMW i3 and Model 3

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    Don't worry about the price of gas going up. It will, soon enough. Although the earth is making fossil fuels, it is not at a pace that will ever keep up with current and future demand.

    I bought my 2003 Prius, used, in October 2005, while the Katrina gas prices were still digging into everyone's pocket book. But I didn't buy it for Katrina, I bought it for the next gas shortage ... like last year's $4/gal. In fact, the price-performance trade-off with the leading contender, the 2003 Prius came within $50 of break-even the first year.

    Bob Wilson