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Article: Fuel-efficient hybrid cars will soon symbolize a better life
- Article from:
- Deseret News (Salt Lake City)
- Article date:
- June 27, 2004
- Author:
CopyrightCopyright 2004 Deseret News (Salt Lake City). Provided by ProQuest LLC. (Hide copyright information)
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It was inevitable. With all-time-high gas prices driving the
demand for gas-electric hybrid cars into overdrive, prices for fuel-
efficient hybrids were bound to take off. The Wall Street Journal
reports that with a backlog of more than 22,000 orders for Toyota's
Prius, the car is now fetching a dealer markup of $5,000 over its
original sticker price of between $20,000 and $26,000. Some dealers
are auctioning off spots on their waiting lists for $500 or more on
eBay, and one customer even resorted to ebay to pay more than $32,000
for his new Prius when his local dealer couldn't deliver even after a
six-month wait. Despite the price gouging, most buyers appear all too
happy to get a hybrid ...