Would you buy this 2015 Prius Two or spend ~$9k more on a new Elantra?
I'm looking at a 2015 Prius Two with 126k miles from a dealership for about $14k OTD. It has 3 owners, 13 service records, and 2 minor damage reports on the CARFAX. The dealership also includes a 5-day/300-mile return policy, so I'd have a short window to get it thoroughly inspected.
My budget is ideally around $12-14k, but I could stretch to about $23k OTD for a brand-new 2026 Elantra SE if it's the smarter long-term purchase.
My commute is about 20 miles round trip a few days a week, college is only 4 miles away, and I might do occasional Uber Eats on weekends. I plan to keep the car for 10+ years and hopefully 200k-300k miles.
During the 5-day return period, I plan to:
- Get a pre-purchase inspection from a Toyota/hybrid shop.
- Run the Dr. Prius battery health test.
- Have them check for common Gen 3 issues.
Questions:
- Is $14k OTD fair for this Prius?
- Would the original hybrid battery scare you?
- What repairs should I realistically budget for between 125k-250k miles?
- How concerned should I be about the 3 owners and 2 minor damage reports?
- Are there any specific Gen 3 issues I should ask the mechanic to inspect?
- If this were your money, would you buy this Prius or spend another ~$9k on a brand-new Elantra with a full warranty?
I'm mainly looking for the option with the lowest total cost of ownership over the next decade.