[quote=“JayS,post:35,topic:39653"”]
Why should I bother. He obviously only wants to give his opinion while not listening to anyone elses.
I was doing a little searching on kbb.com and found this interesting.
2001 Prius vs 2001 Camry. Figuring 85k for both.
20000 prius MSRP in 2001
10400 prius private party value today.
18500 camry MSRP in 2001
7500 camry private party value today.
So the Camry actually lost a higher percentage of it’s original value.
Of course, which one would YOU buy used?
[/quote]
First of all, a comment about it depreciating faster, has to do with buying it new, not used.
I went to KBB, and did the same comparo using a Prius and a Camry, both from '01 and '03. Here are the results:
MSRP Sug. Retail Depreciation % Loss
2003 Prius $19,995.00 $17,620.00 $2,375.00 12%
2003 Camry LE V6 $23,265.00 $13,630.00 $9,635.00 41%
2001 Prius $19,995.00 $12,530.00 $7,465.00 37%
2001 Camry LE V6 $22,385.00 $9,775.00 $12,610.00 56%
Numbers don’t really match yours, but are hopelessly in the Prius’ favor. Both assume the same mileage, and suggested retail pricing. I’ve attached screen shots for reference.