Re: Current year model or "next" year model?
Just guessing on the numbers, but answer me this question...
If you had no clue how long the battery would last (notwithstanding the fact that the battery will probably out last the warranty, but by how long?), how much would you pay for a four year old hybrid?
It will never make sense to put $5000 into a ten year old Camry, so you'd have to be crazy to buy a ten year old car. I believe that these cars will, essentially, be unsalable once the warranty expires on the battery.
I also think the market will be flooded (many new models coming online) with hybrids in a few years, thus diluting the 'scarcity value' of the current generation.
I still have my 1996 Avalon with 175000 miles.
I buy cars to keep, not sell, so I'm really not too concerned with resale value.
Last edited by haroldo; 03-01-2008 at 07:06 AM.
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