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Questions on resale value, storage and taking a Prius C to Romania

Discussion in 'Prius c Main Forum' started by DutchBlonde, Sep 26, 2013.

  1. DutchBlonde

    DutchBlonde Junior Member

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    Vehicle:
    2012 Prius c
    Model:
    Two
    Hello all,
    <first of all apologies for duplicate posting, the International forum is very quiet>

    I own a 2012 Prius C Model 2, much beloved, first car pretty much. Now, hardly a year after I bought it, I am planning a move to Bucharest where I will be for 2 years and then I will come back to the US.

    I wonder if I should sell it or not. I am moving with my job -- they have offered to move the prius or if I don't move it, then they will give me $4500 for the inconvenience (same deal when moving back from Romania to the US in two years from now). The blue book value of a Prius C model two with 4,500 miles is $18,500, about exactly $3,000 less than what I bought it for. I confirmed that the model is certified in Romania.

    I am considering 3 options. Could you help me with some questions on each option:
    1) Shipping it with me -- If I want to bring it back to the US with me 2 years from now, I will again have to forgo $4500 offered by my employer if I don't ship it back. What do you think I"ll be able to resell it for in 2 years in Romania? Where can I check second-hand prices in Romania? Will Toyota there know how to fix it if something goes wrong? Will my one more year of free toyota check-ups be still valid there?
    2) Leaving it in storage -- What will be the damage to the car in a covered storage? Where can I find such storage (i am zipcode 20816)? What does storage go for? How about insurance and registration taxes -- will i need to continue paying those?
    3) Selling -- I've gotten a few emails about it when listed at 18.5K. Still have to do craigslist. $3K loss seems like a lot, no?

    Other pieces of information I was able to gather in terms of alternatives in romania -- 500 euros per month for car lease; Taxis are cheap (but I'd probably want a car for the weekends and errands). Supposedly new cars at least 30% more expensive. I am ok with the cash layout to buy a new car or a used car as long as I can re-sell it with a reasonable loss in two years. Any thoughts on the market in Romania?

    Any thoughts and help would be greatly appreciated!
    Thanks in advance!

     
  2. JimboPalmer

    JimboPalmer Tsar of all the Rushers

    Joined:
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    Location:
    Greenwood MS USA
    Vehicle:
    2012 Prius v wagon
    Model:
    Three
    European safety, lighting, and emissions laws will all be different than the US laws your car was built to. I would expect every outside bulb and lens to need replaced. You may find that some need to be added. Airbag rules may well differ as do pollution controls. (I know you could not bring a Romanian Prius home with you, I am less sure you can convert a US Prius to EU laws)
    - Shipping car to Europe! Help?! - MacRumors Forums

    Here are specialists :
    Careline
    dealer used cars, Auto import export, Motorcycle export, salvage cars usa - Auction Export
    Auto Export :: ROMANIAN AMERICAN IMPORT EXPORT
    How to import your car in Romania from outside the EU | How to
     
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  3. KYBlue

    KYBlue Active Member

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    I am surprised by the used value, I bought my '13 C2 brand new for 18,900.....
    Good luck in whatever you do!
     
  4. grand total

    grand total Member

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  5. mahout

    mahout Active Member

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    Location:
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    Vehicle:
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    Model:
    Two
    You need to talk to Toyota and the Romanian consulate in Washington.
    1. Does Toyota sell the Prius in Romania?
    2. What does the consulate say about importing Prius C/
    3. Is it avehicle of a US Foeign Service employee, as in a local US Consulate ?

    I have a sneaking suspicion that the cost of transporting your Prius outways thevalue of taking it UNLESS you are a consulate employee.
    good luck. and enjoy as much nice person you can.
     
  6. minkus

    minkus Active Member

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    Location:
    Cleveland, OH
    Vehicle:
    2012 Prius c
    Model:
    Two
    My advice:

    • Don't take it with you - way too many complications, and if you'll only be driving a little bit on weekends, the fuel savings won't be tons. (Apparently gas in Romania averages ~USD$7/gallon, but I think you're still better off taking the $4,500).
    • Don't store it. You'll end up with two very dead batteries - one will cost a hundred, the other will cost a few thousand. If you really want to keep it, you could consider renting it to someone you trust for some discounted amount per month. This would prevent the batteries from dying and save you the pain of selling and re-buying when you come back.
    • Sell the c yourself. List it for more than the blue book value, especially since you've already gotten some emails when listed at that. For justification, point out used c prices at dealerships and remind potential buyers the amount they'd pay in sales tax if bought from a dealer. At 4,500 miles, your car is still basically brand new - there's really no reason for a $3,000 loss, and you should be able to sell it for more than that. Explain to buyers the reason you're selling is that your job is being moved to Romania, in order to quell suspicions about someone selling a car with 4,500 miles. You can also ask the dealer what they'd give you for it, just for curiosity's sake.
    • Pocket the $4,500 from not transporting your c to Romania.
    • When you get to Bucharest, if you find that you really do want/need a car, buy a used one there.
    • Sell the Romania car before leaving.
    • Pocket the $4,500 from not transporting a car back to the US.
    • Buy a 2015/2016 c when you get back.
    I have no idea about the new/used car market in Romania, though.
     
  7. GrumpyCabbie

    GrumpyCabbie Senior Member

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    Location:
    North Yorkshire, UK
    Vehicle:
    2010 Prius
    Model:
    III
    Each European country has different rules and regs on imported cars. In the UK it's fairly easy to import a US Prius once the amber lights at the front have been adjusted to white and you fit a rear fog light. If your US car had red turn signals at the rear you'd have additional problems, though I believe the US Prius doesn't. Not sure what Romania is like.

    What you also should take into account when taking your pride and joy to another Country is that they may not respect your car like you would! In many parts of Europe it's common to make parking spaces bigger using your bumpers! Small bumps and knocks in some Countries are classed as collateral damage and will often result in the perpetrator giving a shrug of the shoulders rather than offering their insurance details! Be warned!

    I don't believe the C is sold in Europe as the Yaris hybrid is our variant. This could cause parts and service issues, or delays at best.

    It might be nice to take something familiar over to your new workplace, but there are pro's and con's to doing so. Why not just buy something local? Sample a diesel or even a model or make of vehicle you don't get back home. Automatics, power steering and a/c are common place, even in eastern European countries.
     
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