Fix or sell?

Author
Discussion

GSX

Original Poster:

161 posts

230 months

Wednesday 19th March
quotequote all
I have an 09 Prius with good mot (December) high miles but nothing to these generally good condition etc.

But needs an hv battery £1100 from a local guy with a good name.

Some other parts are also needing fixed ie o/s ball joint, shock, front control arms. This all may come to around £3-400 for the other local garage to do. Therefore all around £1500ish including the battery. I paid just under 2000 so would be around £33-500 all in.
For that amount I could sell mine as is for hopefully what I paid and put the "fixing up" money towards a gen3 Prius (that I should have went for in the first place but got impatient).

So, would you keep the gen 2 and fix it up or sell as is and put the money to a newer gen 3.

That is my options please don't start saying buy other cars, I am sticking with the Prius.

Lo-Fi

903 posts

82 months

Wednesday 19th March
quotequote all
I'd get it fixed if keeping long-term. They go on for ever if looked after properly. Most of what you list is pretty much wear and tear anyway. Still see more MK2s than the later ones.

GSX

Original Poster:

161 posts

230 months

Wednesday 19th March
quotequote all
True, what is annoying though is i have only had just over a week and will need the same again spent on it just to get it up to scratch. As I say, I wish I had been less impatient and waited for a hen 3.

Hoofy

78,239 posts

294 months

Wednesday 19th March
quotequote all
How's the gen 3 better and is it worth the extra cost over fixing your gen 2?

Also, how do you know the gen 3 won't need money spending on it soon?

soad

33,727 posts

188 months

Wednesday 19th March
quotequote all
Not sure the car will be worth double after all the mechanical work?

Then again, might struggle moving it on, if only had it a week?

Only you can decide really.

StuA9

Original Poster:

161 posts

230 months

Wednesday 19th March
quotequote all
Hoofy said:
How's the gen 3 better and is it worth the extra cost over fixing your gen 2?

Also, how do you know the gen 3 won't need money spending on it soon?
Newer model nicer shape lower miles and a few others things I forgot.
Needs the hv battery too though as I found out.

StuA9

Original Poster:

161 posts

230 months

Wednesday 19th March
quotequote all
soad said:
Not sure the car will be worth double after all the mechanical work?

Then again, might struggle moving it on, if only had it a week?

Only you can decide really.
I won't be worth double I know that. I know only I can decide but just thought I would ask to see what others would do.

Cloudy147

2,929 posts

195 months

Wednesday 19th March
quotequote all
I think the general rule is that the car you already own will almost always be the cheapest. So as a financial decision, I’d go for repairing the one you have.

But! If the Gen3 has something fundamental about it that you really want/prefer (your post hints that it might), then I’d take the opportunity to save the repair bill and put it towards the Gen3. But that would be an emotive decision, not a financial one.

StuA9

Original Poster:

161 posts

230 months

Wednesday 19th March
quotequote all
Cloudy147 said:
I think the general rule is that the car you already own will almost always be the cheapest. So as a financial decision, I’d go for repairing the one you have.

But! If the Gen3 has something fundamental about it that you really want/prefer (your post hints that it might), then I’d take the opportunity to save the repair bill and put it towards the Gen3. But that would be an emotive decision, not a financial one.
I know ie the one I have would probably be the cheapest. The new model is authenticly pleasing to the eye but that isn't everything I know.
The gen3 have had gasket issues, dam near all of them the gen2 doesn't.
As you rightly say, it would be more an emotive decision than financial.

nickchallis92

100 posts

98 months

Thursday 20th March
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If you're looking to convince yourself that you'll somehow be better off buying a Gen 3, then i'm here to tell you that you won't.


Olivergt

1,814 posts

93 months

Thursday 20th March
quotequote all
I don't know anything about a Prius.

But just reading the comments on here, it seems the consensus is that you should stick with the gen 2.

The comment that swung it for me was one of yours where you mention gasket issues that only the fen 3 suffers from.

Stuck with your gen 2, put a new HV battery in and get the other small bits done and enjoy it.

SkodaIan

835 posts

97 months

Thursday 20th March
quotequote all
If you put a new battery in and do the other minor repairs, you'll have a Prius with a new HV battery which will probably outlast the rest of the car.

If you change the car for a marginally newer one, you'll have spent the same money on a car the HV battery could fail on next month.

The only reason to change the car would be if you now had the budget (or loan) to buy a much newer car and wanted to run a nearly new car. £20k would get you a 18 month old Suzuki Swace (identical to the Toyota Corolla Estate with the same hybrid inside and fuel economy as the Prius) or a slightly older Prius/Corolla hybrid.

StuA9

Original Poster:

161 posts

230 months

Thursday 20th March
quotequote all
nickchallis92 said:
If you're looking to convince yourself that you'll somehow be better off buying a Gen 3, then i'm here to tell you that you won't.
I know it was mainly because it is a newer model and shape. I know the hg issues are a concern but then so are batteries and brake actuator thing on the bulkhead.

StuA9

Original Poster:

161 posts

230 months

Thursday 20th March
quotequote all
Olivergt said:
I don't know anything about a Prius.

But just reading the comments on here, it seems the consensus is that you should stick with the gen 2.

The comment that swung it for me was one of yours where you mention gasket issues that only the fen 3 suffers from.

Stuck with your gen 2, put a new HV battery in and get the other small bits done and enjoy it.
I know you are probably right, it was a I said previous mainly a newer shape and model nice place to sit that would. All really.

StuA9

Original Poster:

161 posts

230 months

Thursday 20th March
quotequote all
Olivergt said:
I don't know anything about a Prius.

But just reading the comments on here, it seems the consensus is that you should stick with the gen 2.

The comment that swung it for me was one of yours where you mention gasket issues that only the fen 3 suffers from.

Stuck with your gen 2, put a new HV battery in and get the other small bits done and enjoy it.
I know you are probably right, it was a I said previous mainly a newer shape and model nice place to sit that would. All really.

Hoofy

78,239 posts

294 months

Friday 21st March
quotequote all
StuA9 said:
Hoofy said:
How's the gen 3 better and is it worth the extra cost over fixing your gen 2?

Also, how do you know the gen 3 won't need money spending on it soon?
Newer model nicer shape lower miles and a few others things I forgot.
Needs the hv battery too though as I found out.
Oh, you mention £2k. How much extra would the newer car cost you?

StuA9

Original Poster:

161 posts

230 months

Friday 21st March
quotequote all
One to around a 12 plate would be about 27-3000 depending on condition etc etc. And yes I would still be taking a chance with the battery but it is seemingly a better car all round to the gen2.
The gen 4 is out my reach.