Are used Prius prices crashing?

[capital]

Just curious. I don't have a car and don't need one. But it seems like it might be a good time to buy a used Prius, since a lot of Prius owners are probably thinking 'THANK GOD NOW I CAN BUY A SUBURBAN AGAIN."

[JLee]

Not that I've noticed. Used Prius prices in general have seemed reasonable for the last year or more.

[Mr. Frugalwoods]

Not anything unusual:

http://www.cargurus.com/Cars/price-trends/Toyota-Prius-d15

Data is fun!

[RapmasterD]

Because I don't believe Prius users are the kind of folks that will be dumping their cars en masse to buy gas guzzlers just because of a temporary price drop, I don't subscribe to the theory.

More plausible is a better market for used cars, overall, starting in about three years -- as the increasing supply of new cars begins to hit the used market.

From the Great Recession, annual U.S. new car sales are now up -- what? -- close to 70%?  Assuming 25% of cars sold are leased PLUS typical owner fatigue after 5 years of ownership -- that alone could change the supply/demand construct of the used market.

[Jack]

Not anything unusual:

http://www.cargurus.com/Cars/price-trends/Toyota-Prius-d15

Data is fun!

That site is awesome!

[llorona]

Be careful with used hybrids. The hybrid batteries will eventually give out and replacements can cost several thousand dollars.

[kendallf]

Anecdotally, I am noticing a price drop on used Priuses (Prii?) around here.  I just bought another (a 2004) for $4900. 

Be careful with used hybrids. The hybrid batteries will eventually give out and replacements can cost several thousand dollars.

There are loads of Priuses running around with 200k-300k on the original HV battery.  Remans are available for $599.  It's just not that big of a deal.

[capital]

Be careful with used hybrids. The hybrid batteries will eventually give out and replacements can cost several thousand dollars.

My parents' is motoring along with no problems, nearing its 11th birthday.

[MicroRN]

Be careful with used hybrids. The hybrid batteries will eventually give out and replacements can cost several thousand dollars.

I lucked out with my '04 Civic Hybrid.  I bought it used, and the battery died right before the battery warranty ran out.  Brand new battery, $0 out of pocket, and it should last quite a while longer. 

[RapmasterD]

Anecdotally, I am noticing a price drop on used Priuses (Prii?) around here.  I just bought another (a 2004) for $4900. 

Be careful with used hybrids. The hybrid batteries will eventually give out and replacements can cost several thousand dollars.

There are loads of Priuses running around with 200k-300k on the original HV battery.  Remans are available for $599.  It's just not that big of a deal.

Agreed. And even IF replacement batteries cost a few thousand dollars, so what. With a Prius, there is so much routine maintenance you're not paying for -- e.g., far fewer brake jobs, and no timing belt/chain replacement are just two examples.