Thursday, May 05, 2005

Red hot hybrids

The Toyota Prius is becoming one of the hottest cars in California and, following the lead set by California real estate, they're selling at a premium.
Far from sticker shocked, buyers have in the past year have paid private sellers and used car dealers $1,000 to $3,000 above the advertised price of a new 2004 or 2005 model, according to Irvine-based Kelley Blue Book, which tracks used car prices. Older Prius models are not seeing the same phenomenon.
According to the SF Chronicle, Priuses list new for $21,000-$26,000 but it's not unusual for a used one with a few thousand miles to go for $27,000 or more.

Are these cars as hot in other parts of the U.S. as they are here? Are they really that great or has it just become a status thing?

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