Quote:
Originally Posted by Isaac Zachary
I was adding the additional cost for a NEW Corolla of some $3,500 more to the MSRP for the hybrid version vs the non-hybrid version. $3,300-$3,500 means it would be $200 more to own the hybrid from new to warranty.
I'll look at used prices for the sake of comparison, but the last time I looked a 5-year-old used Toyota hybrid cost just as much as a brand new one, because covid.
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Ah. Well that explains it. You were looking at Corollas and I was looking at Camrys. The Corolla also has a bigger hybrid price increase. It is only $2,135 for the Camry.
I also somehow missed a bunch of posts.
The current used car market is not normal nor is it sustainable. Once new car inventories return nobody is going to pay new car prices for a 5 year old car. People are willing to pay new car prices for a used car today because a new car either has a months-long wait, a $5,000 - $10,000 mark-up, or both.
I second the opinion to never consider a VW. I've had two Jetta wagons.
The 2003 made sense because at the time you couldn't do better than the 50 mpg highway offered by the TDI in a family car and we were driving 30K miles a year. That was also back when diesel was less than regular gas. It was a financially great move but also a bit of a headache to fix things that shouldn't break on a car that is less than 10 years old.
I took a risk on my 2014 Jetta Wagon TDI because my wife really wanted one when we replaced the 2003 but we went with the Prius instead based on cost. When VW was offering barely used dieselgate cars at 50% of new prices with a 10 year warranty we decided to take the risk. Turns out VWs are still money pits that break and the VW warranty has more value as toilet paper. The current crazy market let me get out of that car with little lost when we basically swapped it even up for an Acura TSX wagon. (Which has a comically dated "technology package")