News, Two-Year-Old Toyota Prius' Selling For Barely Less Than Price Of New One. (hybrid, Mini)

[JD59]

Westlake Village, CA (AHN) - The demand for gas-saving hybrids is so high that U.S. motorists are willing to pay $1,300 extra for a second-hand 2008 Toyota Prius. There is a long waiting-list for brand new models and even two-year old ones are selling for only a few hundred dollars less than a brand new one.

Two-Year-Old Toyota Prius' Selling For Barely Less Than Price Of New One | AHN | August 2, 2008 (http://www.allheadlinenews.com/articles/7011804191 - broken link)

[k350]

Well, stupid is as stupid does.

[turnerfamily]

Same thing happened when the Mini Coopers were first introduced-supply and demand.

[elgusano]

And the new Bug.

Also, the Scion xB was more expensive second-hand because college kids and young adults wanted them and they couldn't qualify for a loan for a new car, but could for a used car, so the used ones were actually a little more than the new ones.