. Use the free CarWoo Deal Finder
The Car Buying Guide for Extreme Savers
Get Weekly Tip Alerts







Toyota Prius Prices Soar Due to Earthquake

March 24, 2011

Toyota PriusLast Friday's earthquake-tsunami disaster damaged a manufacturing plant that provides batteries for the Toyota Prius.

As a result, American consumers are anxious, with many scrambling to purchase the Toyota Prius before inventories disappear.

East and West coast dealers are seeing their inventories decline the fastest. High gas prices are adding to the increased demand.

With demand increasing, so are prices, which means shoppers should be prepared to pay more for fuel-efficient cars or be willing to wait a several months for supply to catch up.

Consumers can expect to pay at least $2,000 more for a Toyota Prius than they would have shortly before the earthquake.

Are there alternatives? If budget isn't an issue, there's the Chevrolet Volt and the Nissan Leaf, but they're pretty much sold out for the year.

Then there's the Ford Focus Electric, not out yet and with limited availability.

The Ford Fusion and Nissan Altima hybrid cost more than the Prius and their fuel economy ratings are lower.

Other options are fuel-efficient gasoline cars like the Ford Fiesta, Chevrolet Cruze and the Hyundai Elantra.

All three can get up to 40 mpg on the highway, and you won't pay more than $18,200 for these models.

See the lowest prices on a vehicle in your area (plus see the actual incentives you qualify for)
Enter Your Zip Code:

Get My Free Weekly Advice on Car Buying
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
  • Best Rebates, Incentives, and Lease Deals
  • Latest Car Buying Scams and Tricks
  • The Best & Worst Time to Buy a Car
  • Which Cars You Should Avoid
Enter Your Email Below

(Absolutely NO SPAM, easy to unsubscribe)
×

Gregg Fidan

About the Author: Gregg Fidan


Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

Recent Tips, News, & Incentives    RSS Feed

May 17, 2012
May 10, 2012
May 3, 2012
April 26, 2012
April 19, 2012
April 12, 2012
April 5, 2012
March 29, 2012
March 22, 2012


I welcome your car buying questions. Email Me and I'll be glad to answer them!