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Monday, June 30, 2008

Swap You This Volvo For A Prius

Posted by Matt Davis on Mon, Jun 30, 2008 at 1:12 PM

Prius Fever is the new phenomenon sweeping the country--with Toyota's green model in short supply and gas at $4 a gallon, car dealers are prepared to offer ridiculous terms for a used Prius. Local transportation activist Bob Richardson and his partner bought a new Prius in 2006, when gas was $2.60 a gallon. Thirty months later he is convinced he made the right choice, having just been offered a 1998 Volvo S-70 GLT sedan in mint condition with the works, in a car-for-car exchange.
volvoprius.jpg
The first showroom Richardson walked into, a dealer offered $22,000 for the car. But the offers kept getting better and better, he says. Then, the Prius Fever hit Richardson. "It was time to sign on the dotted line, but I got a knot in my stomach. I couldn't do the deal," he says. "I had become emotionally dependent on the car, more so than I could have imagined." So he's keeping the Prius. What would you do?

 

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Comments (7) RSS

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1
Sell the Prius, buy a bike.

And a yacht.
Posted by kiala on June 30, 2008 at 1:34 PM · Report
2
Already have a bike, don't need a yacht -- wouldn't fit in the driveway. :-)
Posted by Bob R. on June 30, 2008 at 1:55 PM · Report
3
Buy a pedicab and hire a part time personal driver.
Posted by Amy J. Ruiz on June 30, 2008 at 1:58 PM · Report
4
I just wanted to add one detail that is missing from the post... the offer was for the Prius, minus what we still owe on our original loan, with a swap for the Volvo. If you look at book values, etc., it was a fair and rational offer (although it took a lot of negotiation to get there.)
Posted by Bob R. on June 30, 2008 at 2:10 PM · Report
5
Buy me a yacht.

Problem solved. Next?
Posted by kiala on June 30, 2008 at 2:33 PM · Report
6
Keep the Prius and enjoy the high road. You deserve it for seeing as far as 2 years into the future!
Posted by David Smoot on June 30, 2008 at 4:06 PM · Report
7
Sell the Prius - Ride your bike - Buy solar panels.
Posted by Dex on June 30, 2008 at 4:45 PM · Report

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