According to this article it is. Popular used cars like the Toyota RAV4 and Ford Mustang now 'unaffordable' - Autoblog our 3 year lease comes up next September, and the buyout is $18k.
I recently had Carvana value my 2017 Two Eco with 68k miles. $20k. I bought it for like $26k/$27k out the door. Can't wait for the next generation to come out so I can sell her to Carvana to fund the new one.
Bought my prius new in Nov 2019 for 29k after taxes and fees. June 2022 it was totaled with 55k miles and insurance paid me 32.5k for it. Posted via the PriusChat mobile app.
When my 3 yr old, 2019 Prius LE was stolen, and found completely destroyed, (it had 103K miles on it) they gave me $29,676 for it ! I only paid $23K for it brand spanking new ! However, by the time I bought another one to replace it > and, got a nice sound system back into it, a quality alarm system, tinted glass all the way around (in other words, getting it back to where my 2019 was) I ended up spending $45K... Kind of crazy I know, but for that extra $15K, I'm now in a brand new car, with warranty again + my new one is an XLE, in which I really like all the additional stuff, vs. my 2019 LE. In the end, I felt like it all worked out pretty fair and square.\ PS, That $45K includes about $5K in tax, license, and registration.
