I've read a series of posts on another site by folks trying to sell "classic" versions of the Prius. They seem to be taking a bath, with losses on the order of $7000 on a $20,000 car after a year or two.
I suspect this situation is due to a couple of factors, including the fact that the new model is much improved over the old ones, the price of the 2004 is essentially the same as the older ones and a lot of people are nervous about the cost of replacing the battery. The last factor might only be in the minds of the used car buyer, but the perception is enough to make some folks nervous..
Low resale value makes me think it wise to defer purchase of a new Prius. Anybody have any thoughts on this?
I suspect this situation is due to a couple of factors, including the fact that the new model is much improved over the old ones, the price of the 2004 is essentially the same as the older ones and a lot of people are nervous about the cost of replacing the battery. The last factor might only be in the minds of the used car buyer, but the perception is enough to make some folks nervous..
Low resale value makes me think it wise to defer purchase of a new Prius. Anybody have any thoughts on this?