Kelley Blue Book: VW leads in resale value

<div class='quotetop'>QUOTE(IsrAmeriPrius @ Nov 14 2007, 08:08 PM) [snapback]539791[/snapback]</div>

I would submit that the book(let) was published before the most recent run-up in gas prices. Regular will be at $4.00/gallon by Memorial Day 2008.

 

I'd also speculate that there just aren't that many hybrids on the second hand market compared with the other cars.

Gee, after 5 years a used Prius has dropped from 47% to 42% of the original market value. (and a regular car is worth what after 5 years?) Thanks, but I still think I'll be way ahead.

 

"Projected" resale value. And lumping all hybrids together is a bit like lumping together burgers made from veggies, ground turkey, and angus.

 

Actually the source report's reason for not listing the Prius in their "best-in category" section is pretty funny:

Hybrid: Honda Civic Hybrid
With hybrid vehicles gaining more mainstream acceptance, the Honda Civic Hybrid's fresher, more conventional styling played a part in bumping the more recognizable Toyota Prius from our list of Best

 

"5 Year" resale values.

2008-2004 = 4

The 2nd Gen Prius isn't eligible for this list yet but they came up with a "Projection" to use.

I'll wait for the real numbers, kthxbai

 

<div class='quotetop'>QUOTE(Tempus @ Nov 15 2007, 10:49 AM) [snapback]540095[/snapback]</div>

Also, real numbers are what the used car market goes with. So, with gas prices on the march again, expect gas mizers to be in demand. When a car is in demand, guess what - its price goes up. In that circumstance, 'projections' don't really matter.

 

VW ?

The absolute worst car for reliability I ever owned.

 

article is TOTAL CRAP.

or maybe we should ask insurance companies and how they compute resale or "replacement value"...

case in point (told many times before)

i bought a 2004 pak 1 Prius, paid $22,300 something. drove it 25 months, put nearly 30,000 miles on it. was totaled. the other insurance company paid for my rental for 3½ weeks then cut me a check for $23,509.80

how is that for resale?? btw, this happened 14 months ago when the gas was much cheaper and Priuses were waaay more plentiful

reason why Prius didnt make the resale list is easy to figure out...

THERE AINT ANYONE OUT THERE SELLING THEIRS!!

 

I am not one to purchase new cars. I generally purchase cars that are one or two years old and save $5-10k. However, people were trying to sell the Prius for nearly a new Prius MSRP. I could not get an 04 Prius for less that $20k. Some were listd at $24k. I bought a new package #6 for 25.5k. Pruis have outstanding resale value.

 

<div class='quotetop'>QUOTE(Winston @ Nov 15 2007, 04:07 PM) [snapback]540213[/snapback]</div>

+1

 

<div class='quotetop'>QUOTE(Godiva @ Nov 15 2007, 01:33 AM) [snapback]539852[/snapback]</div>

Gee, that's funny. I just plugged DH's 2003 Classic (which was bought in Nov. 2002) in, and they say he can sell it for 76.6% of what we bought it for if I say it's only in "good" condition. Aren't they reading their own article? They are so full of it!