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Originally Posted by Adelwyn
I just found this article that I thought would interest people, especially those still thinking about buying a hybrid:
http://money.cnn.com/2006/03/14/Auto...ries/index.htm
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Originally Posted by article
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6. Worry: Hybrids will not hold resale value
Don't be fooled by stories about used Toyota Priuses selling for near-new prices. The Prius is a unique, hybrid-only vehicle with an eye-catching design. It's produced and sold in low volumes. In terms of holding its value as a used car, the Prius has more in common with the Mini Cooper, another resale value champ, than a Ford Escape Hybrid SUV.
Like the Escape, most hybrid vehicles are versions of ordinary, non-hybrid vehicles with little to visually distinguish them.
Conclusion: A genuine cause for concern.
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There is also an article talking about the Consumer Reports calculations as well. |
I don't claim to always read things exactly right but in this case are they saying:
- Prius holds value because it is unique in appearance<
- Other hybrids lose value because they look like other cars <
This just doesn't make sense to me. Regardless, the Prius, Insight and HCH have viable, used hybrid inventories. So it should be easy enough to check completed Ebay listings to see what has happened to the used versions of these cars.