[Advice] Buy used hybrid in 2021, or sweat it out to 2022 to maybe get a new EV?
Does anyone here have industry knowledge about how much the hot used market has inflated the prices for used hybrids?
Dying to get a car and have been waiting patiently through the pandemic to avoid paying insurance when we can't really drive anywhere anyway. Would love to get a 2018 Prius that's available but...we don't need the car urgently. It would be a shame, but we could wait it out for months or even another year before having to buy.
Used prices are elevated right now so it's giving me mixed feelings (in r/askcarsales people are showing black book values $6k more than January 2020! That plus the elevated tax is no joke). Especially since we are looking at used hybrids. What if in 2022 Ontario votes for the Liberals again, and we could have bought a new electric car and stacked the federal and provincial rebates (Ford gov't cancelled them but Libs would likely bring it back) to get a 100% new car for the same price as used right now? This is a HUGE purchase for us and while we have the money saved up, it is giving me a lot of anxiety.
Dying to get a car and have been waiting patiently through the pandemic to avoid paying insurance when we can't really drive anywhere anyway. Would love to get a 2018 Prius that's available but...we don't need the car urgently. It would be a shame, but we could wait it out for months or even another year before having to buy.
Used prices are elevated right now so it's giving me mixed feelings (in r/askcarsales people are showing black book values $6k more than January 2020! That plus the elevated tax is no joke). Especially since we are looking at used hybrids. What if in 2022 Ontario votes for the Liberals again, and we could have bought a new electric car and stacked the federal and provincial rebates (Ford gov't cancelled them but Libs would likely bring it back) to get a 100% new car for the same price as used right now? This is a HUGE purchase for us and while we have the money saved up, it is giving me a lot of anxiety.