Toyota Prius a top pick for resale value – again
Toyota Prius value lasts - making it a top buy according to many
Resale value helps make the Prius a smart purchase
Edmunds.com has announced its first annual Best Retained Value Awards and the Toyota Prius came in fifth overall. The Honda Civic hybrid and the Honda Insight received Honorable Mention in the hybrid segment.
In just the last few months, Forbes and Kipplingers have come to the same conclusion regarding Prius resale value.
In fact, thanks in part to its high resale value, Forbes recently named the Prius one of the best overall values in the car market – not bad for a magazine that just a few years ago could find few positive things to say about the king of hybrids.
So, while the sticker price of the Prius might seem a little high, when all costs are factored, the Prius is actually a very good deal.
I think you’re making a lot of generalizations, Bob, that have nothing to do with the Prius. For instance, the battery in a Prius does not cost $10,000. Likewise, the first gen Prius has been around for more than 10 years and many have hundreds of thousands of miles and still run as well as ever – using the same battery, which can largely be recycled when junking the car. additionally, even if the battery goes on a 10 year old Prius, there are plenty of batteries that have been salvaged.
ultimately, the resale numbers have been documented by real world sales data.
there are no doubt still issues to be worked out with plug-in vehicles, but i don’t think any are insurmountable. today, the real problem is cost.
Absolutely, the Insight has made it to the top of a number of cost-effective lists.
Toyota having a great re-sale value post recession, but after their acceleration problems may be some sort of effect may have done to their resale value but i think this is temporary, as well Toyota Prius again proven that it’s the king of it’s class vehicles.
And yet Kipplingers listed the Insight-II as the only hybrid to make it to the top ten list of least expensive cars to own over a five year period.
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Toyota Canada says the Prius PHV has miserly fuel consumption rated at 1.75 litres/100 km. CO2 emissions come in at 41 g/km, which is an amazing number.
That, of course, is if you stick to the specified driving conditions for combined electric vehicle and hybrid vehicle modes.
Too many problems. What would happen in an accident if the wiring touches metal. What about pregnant women driving a high voltage car. It takes the power of an average household. Where to discard old batteries. Takes a really expensive new class of mechanic called an “Elector Mechanic” who also has a business and law degree to know exactly how much they can take you for. Resale value, ha, you gotta be joking @ $10,000 a pop for new battery not including installation. Imagine a community suddenly plugging in thousands of cars when two or three car families plug in after work. Energy efficient, I don’t think so as half the Hydro plants in USA use coal or something combustible, and as for clean coal burning the by-products must be buried somewhere, Hmmmmmm did I forget to mention polluting the water table. Even if we came up with the perfect energy solution it would cause job losses in the oil industry big time. Just ask the guy who made the 1st hydrogen fuel cell for a car what happens when you come up with an alternative after he tried selling it to a lot of car companies, He disappeared one night and was never seen again (true story)
Reduce the population of the earth and we wouldn’t have to worry about energy problems and a whole lot of other problems at the same time.