Economic Uncertainty May Cause A Rise In Used Prius Sales
No doubt about it, these times are crazy, but some things have not changed. People still need cars to get around, get to work (if you have a job) and do something you want to do (like a picnic in the wilderness).
With not knowing where your next paycheck could be coming from, you may need to start budgeting and quickly. It may be time to sell off the Mercedes and get yourself a fuel-sipping, award-winning, used Toyota Prius.
I want to explore why this is a good option during economic uncertainty and how you can save money (and maybe even make some) with your current Prius.
Why You Should Get A Used Toyota Prius Right Now
Buying any car, Prius, or not without looking it over and finding out the history on the car is just wrong. If you are going to get a used car, do your due diligence and find out where it has been and what services have been performed.
Prius, I like it a lot. I love the car because I have driven ones that have been abused, and they still operate fantastically. I have now owned 7 Prius,' and each one has given me a different experience with ownership. I find that each Prius has one thing in common. Reliability.
I love that I can pick up a $600 used Prius and drive it till the wheels fall off with little to no money needing to be put into it. The cars are very durable and, for the most part, will not leave you stranded.
Right now, people have to sell off anything that they have to pay bills or put food on their table. That means you may be able to pick up a used Prius for a fair deal.
Also, with thieves on the prowl, catalytic converters are still getting stolen too. If you can pick up a Prius for cheap and repair the converter issue, you can have an excellent, inexpensive car that will last you a very long time.
An economic downturn causes people to do crazy things to live. Be on the lookout for that "golden" opportunity for picking up that new-to-you Prius.
Saving Money With Your Current Prius Or By Buying One
Many people who have bought a Prius have done it for the fuel savings. What those people may not have considered is all the other benefits of owning Prius.
Fuel economy is king when it comes to having a hybrid, and most Prius owners know when their car is not acting right. Battery failure can cause a massive dip in MPG and warrant frustration towards the vehicle. For more tips on how to keep your hybrid battery healthy, click here to learn more.
Oil changes, spark plugs, transmission fluid, are all part of the game when it comes to taking care of your Prius. Luckily enough for you, these systems require very little attention and can be left alone for thousands of miles and lots of carefree driving.
Prius was designed to be an eco-friendly car, so keeping it out of the repair shop is the name of the game. Many of the services needed in your Prius can be done at home and for very little money. For instance, a standard oil change with a good filter should run you about $20 to $25. If you want to make that premium service, change the cabin filter and engine filter also. Having those services done at the dealer would land you over $200, and you can do it for under $50.
Prius is easy to work on even if you have never worked on a car before. There are thousands of good YouTube videos on how to do basic things that will yield considerable savings in your pocket.
If you have never thought about owning a Prius, consider this. They are very reliable, they are cheap to own, and they are economical to purchase. I have made a living at buying and selling used Prius' because they are such good cars, people want them. Even when they break, repairs are quick and easy.
Even with economic uncertainty, I will still choose Prius because I know it will not let me down.
Thank you all for reading. I look forward to seeing you in the next story. Why Owning A Toyota Prius For The First Time So Exciting.
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Peter Neilson is an automotive consultant specializing in electric cars and hybrid battery technologies. He holds a Bachelor of Science in Automotive Service Technology from Weber State University. Peter is also an Instructor of Automotive Technology at Columbia Basin College. Peter can be reached on Linkedin and you can tweet him at The_hybrid_guy on Twitter. Find his page on Facebook at Certified Auto Consulting. Read more of Peter's stories at Toyota news coverage on Torque News. Search Toyota Prius Torque News for more in depth Prius coverage from our reporters.