$10,000 will get you a good Prius that shouldn't require any repairs to get it usable. I got my certified preowned '05 with 85k miles this summer for a little less than that.
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Originally Posted by jeff88
I like planning ahead for maintenance and getting the car upto snuff. I've never spent $1000 on it though. Is that just a worst case scenario number?
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Just depends on the car and how picky/knowledgeable you are. Sometimes its fixing stuff that the previous owner just lived with or didn't even know about.
$1000 is a good minimum "emergency fund" to have with a hybrid that is out of warranty, more if you're going to be relying on the dealer to fix any issues that come up. Pretty much any of the major parts like the engine, tranny, inverter, and battery can be bought used or repaired for under $1000 and aren't as difficult to replace as you would think. However, any of those repairs would easily cost you $3000 or more at the dealer.