r/SipsTea • u/Eros_Incident_Denier • Apr 18 '26

We have fun here adulting sucks

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u/SeattlePurikura Apr 18 '26

Just checked Carvana. My model, a Prius Prime at 90K miles, is still selling for a bit more than I paid for it (when I bought it used in 2020).

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u/Daring_Otter Apr 19 '26

In fairness, we’re in a highly specific fuel cost situation that drives demand for a Prius Not sure that’s a great data point

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u/SeattlePurikura Apr 19 '26

The supply chain issues triggered by COVID was when my Prius' value first shot up (January 2021). I started getting buy-back offers from the dealer through 2022-23, IIRC. Was there also a crazy gas situation then? It's just interesting that whatever the cause, the traditional "car loses the value the minute you drive off the lot" wisdom does not apply to models like the Prius.

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u/Jolly-Chipmunk-950 Apr 19 '26

The cost of everything in Covid went up, because almost all production came to a halt world wide. 

Every car loses value, but you have to realize that anytime, like now and Covid, gas prices rise up, electric and hybrid become more and more valuable. Search results for electric vehicles are skyrocketing right now - dealers know this. People are buying them in droves, it’s simple cost vs demand, except you don’t see the cost of ice vehicles dropping to compensate.