Used Hybrids Sell for a Whole Lot!

posted by Ben Engebreth on 04.11.2005

I've recently noticed on some used car websites that low mileage hybrids (the Prius in particular) have been selling for more than I would have thought their original sticker price was. Turns out it's somewhat common. With waiting lists ranging from 4-8 months for new Priuses, it seems that there is a market for the buyer who wants his hybrid now and is willing to pay a premium. People are actually buying now with plans of immediately selling and profiting from this weird pseudo-scarcity.

It's unfortunate that we can't all get hybrids as soon as we'd like, but I think that the lengths that people are willing to go to aquire one is quite significant. It's pretty exciting to see people embracing such a positive new technology in such an unexpectedly big way.

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