Should I sell my 09 gen 2 and get 2015 Level 5?

I'd avoid the 2015 gen 3.. that's really really overpriced.. you can find them for much less if you look around.. the 2017 for 17.5k though.. that's worth it imo! If you can knock off 750 from it which is usually easy to do.. i'd say that's a steal. The 2017 is a gen 4.. there is no such thing as a gen 5 as of yet. (If you mean V trim.. even better deal) If it's a salvage for the 2017.. then i'd run away as well.

 

2009 is probably Gen 2:

or an early Gen 3:


I think you almost answered your question "... with no car payments to savings and the other half towards my house payment...".

Maybe think it through with a Pro/Con sheet:


Write all the good reasons for UPGRADING on the left, good reasons for KEEPING on the RH.

That helps you to keep it all in perspective. Bear in mind that I read only this morning that Mortgage % rates are tipped to go up. Though just googling it now, one article said "31% say rates will go up" and that "31% say rates will go down" - so who knows.

You could look at another option - hang in there with your Gen 2 or 3 another 12 months, put money into savings and buy then (or 24 months if your Gen 2 or 3 is going well).

Going to the 2015 is unlikely to cost much different in MPG, a 2017 might have a small improvement in MPG - but unlikely to be enough to warrant higher repayments.

 

I think the OP may have confused "generation" with "trim level". Funny, it's the second post I've seen this week to do that.

-Chap

 

2009 is a really solid model year I do not think we've heard many issues, HV batt or otherwise

 

i would stick with the 2009. if you feel it is getting long in the tooth at some point, maybe look for a 2012 with reasonable mileage.
all the best!

 

That's pretty much the what it all comes down to, unless going into further in debt is the way to go.

 

Greg McDaniel, when I shop for a car, I only purchase from private party sellers and look for owners like you. You're the original owner, the car is running fine, you know the maintenance history of the car, and you simply want a newer car. My advice to you is to stick with your reliable Gen2 and put the car payment towards a new car/house fund.

The risk is that you might have an expensive repair around the corner. I'd read up on how to identify warning signs, if any, for the brake actuator and traction battery.

 

Save your money. There will always be a good car deal but there won't always be money in the bank.

 

You're currently driving what may be the most durable, longest lasting Prius made to date. Save your money!