Prius hybrids selling at a premium

[Jed Rothwell]

See:

http://money.cnn.com/2005/04/11/Autos/used_prius/index.htm

QUOTES:

Used Prius prices like new
High gas prices, long waits bring used Prius prices above list price of a new model, study says.

NEW YORK (CNN/Money) - Demand for the gas-electric hybrid Prius is so great that some used Priuses are selling for more than the list price for a new one, a report said on Monday.

. . .

The survey said that 8 percent of the consumers considered hybrid vehicles in March, twice as much as 4 percent in February. It also said if gas prices reach $3 per gallon 77 percent of car shoppers will seriously consider a more fuel efficient vehicle.

. . .

The 2005 Prius also had the highest owner satisfaction of any 2005 model, according to an owner survey by Consumer Reports magazine.

. . .

A spokesman for Toyota told CNN that the wait time for a new Prius hybrid is currently about 2 months, down from 6 months last year because of an increase in production. . . .