Monday, November 06, 2006

Prius shortage over?

An increase in Toyota Prius production is finally catching up with Prius demand, which has lessened in the face of falling gas prices and reduced federal tax credits. Still, demand for the best selling hybrid vehicle is still very strong. Eventually such a trend should decrease the value of used Prius hybrids, which often sell for more than new ones. Nonetheless, it will take several months of dropping sales to actually create a surplus of Prius hybrids.

(Source: CNNMoney)

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