Hybrid cars and SUVs are becoming more commonplace than ever before. There was a time when it was unusual to find hybrid cars at a dealership, but today’s market offers a wide variety of hybrid models. In fact, hybrid powertrains have evolved to include several different applications of the technology. You can find mild-hybrid, regular hybrid, plug-in hybrid, and extended-range electric vehicles (essentially plug-in hybrids, but set up differently).The evolution of hybrid technology might make you think that buying a brand-new hybrid car is the right choice, and there are certainly arguments for that, but the sweet spot could be found in the used market with hybrid cars that are at least three years old. Three Years Is The Sweet Spot Benefits Of Buying A Three-Year-Old Car Toyota Whether it’s a hybrid or a regular model, many experts agree that three years back is a sweet spot in the used-vehicle market. Traditionally, lease terms last 36 months, which means models leased new three years ago are hitting the preowned market with low miles. Additionally, much of the initial depreciation has occurred, making these cars more affordable than new versions. Modern Safety Features Over the past few years, safety technology has evolved slightly, but not nearly as significantly as in the ten years before that. This means you could enjoy a three-year-old hybrid car with safety features similar to those of new models. Many vehicles in this range are still extremely reliable and may be covered by the manufacturer’s warranty, especially if the vehicle is a low-mileage leased model. A Rare Used Hybrid that Still Feels New-Generation New Generations Happen Every Year Toyota All vehicles require refreshing and generational changes from time to time. Some automakers will allow a vehicle to use the same platform and basic structure for several years. A great example of this is the previous generation of the Toyota Tundra, which lasted from 2007 to 2021—a long time for any vehicle to be in a single generation. While not all vehicles remain on the same platform for 14 years, new models and generations are introduced each year. The Only Clue You Get Toyota If you look back three years at the vehicles that changed generations in 2023, you might be able to figure out the hybrid model in question before the reveal. Several new generations began in 2023, including the Acura Integra, BMW 7 Series, Chevrolet Corvette Z06, Genesis GV60, and Honda Civic Type R. None of these is a hybrid, which means another vehicle is the model in question. 2023 Toyota Prius Is The 3-Year-Old Hybrid You Should Buy Instead Of A New One Fuel Economy Is Elite – Even By 2026 Standards Toyota The Toyota Prius has been the most popular hybrid vehicle for more than two decades, and the 2023 model marks the start of the latest generation. This full redesign of the Prius gave it a new, sporty shape, improved cabin layout, and updated tech. The driving feel and character are much different from previous models because the Prius became a car that was no longer a punchline at the end of a joke but a hybrid car that became desirable. Improved Power With Excellent Economy Toyota The 2023 Toyota Prius continues to be everything you expect from the lauded hybrid. It's very efficient, emits low levels of emissions, and leads the hybrid class in many ways. The biggest story about the new-gen Prius was the increased power, which reached 194 horsepower when the engine and electric motors are combined. This is a huge increase over the 121 horsepower of the 2022 model year. Increased power didn't translate into a fuel mileage deficit; the 2023 Prius still returns 57 city/56 highway mpg. It's still hard to find a hybrid that matches this in 2026.It has good acceleration that makes it easy to get up to highway speeds and even gives you a little extra power when you need it... It is still responsive enough to make winding country roads fun to drive rather than a chore.- Nicole Wakelin, TopSpeed Journalist Toyota’s Hybrid Reputation Is The Benchmark The Prius Is A Trusted Name Toyota Not all automakers have been in the hybrid market as long as Toyota, and none have the name recognition of the Prius. Drivers searching for an efficient car understand what the Prius offers without getting behind the wheel. Toyota’s hybrid systems have a long track record of durability and reliability, making them a trusted choice whether you’re looking at a new or used vehicle. Because of its trusted name, the Prius is much easier to recommend than most other hybrid models, especially newer ones with more complex hybrid systems. Being The Second Owner Pays Off Toyota Buying a three-year-old hybrid vehicle can pay off for you, especially compared to new vehicles. As the second owner of a 2023 Toyota Prius, you won’t face the worst of the depreciation or an inflated peak MSRP, which were part of the initial pricing for the first owner. If you happen to find a leased Prius, the mileage should be relatively low compared to that of a purchased Prius. Add in the new generation build, and you've got one of the most enjoyable hybrid vehicles available. The 2023 Toyota Prius Is Better To Drive Than Older Models The Stereotype Is Gone Toyota Considering the power upgrade from 2022 to 2023, it's easy to immediately see how the Prius became much better to drive. This new version is more than capable of passing other cars on the highway, reaching highway speed in a reasonable amount of time, and feeling more active and engaged on the road. The latest generation took what was great about the previous model, which is basically just the fuel mileage, and added the goodness of sporty styling and improved performance. The Compromises Toyota The new shape of the 2023 Prius means a lower roofline, which creates slightly less headroom, diminished rearward visibility, and less cargo room than in previous models. Those are the only compromises. You’re only sacrificing a little space for the attractive style that makes the latest Prius an eye-catching car that's become desirable to drive. The cabin features a complete redesign with larger screens and heated rear seats, making for a more comfortable ride for your passengers. Toyota Safety Is A Priority, Not An Afterthought Peace Of Mind Toyota The 2023 Toyota Prius performed extremely well in modern crash testing, making it one of the safest cars of its class. It received a Top Safety Pick+ rating from the IIHS, the highest rating a vehicle can earn. If you're searching for a good choice in the used market, these modern crash test results mean you don't have to step back to older safety ratings to save money. You’re saving money compared to new vehicles for a Prius with modern safety featuresand occupant protection. Emotional And Financial Intelligence Toyota Typically, when drivers choose a used car, they do so based solely on data and information, unless they happen to find their dream car. The 2023 Prius is different. It’s a smart choice, but it looks dramatically better than previous Prius models and delivers more power, making it a heart-based as well as a head-based decision. It's wise to drive the Prius, and it’s a lot of fun as well. The Standard Driver-Assist Tech Is Still Relevant Toyota Collision Avoidance Toyota Older cars didn’t have collision avoidance technology or driver-assist features, but the latest generation of the Toyota Prius has what you need. You’ll enjoy a strong suite of standard safety and driver-assistance features, which makes the 2023 Prius much easier to live with every day. If you're looking for a good commuter car, the Prius has always been a top pick, but now it's more appealing, especially with the Toyota Safety Sense 3.0 package. Toyota Safety Sense 3.0 ToyotaThis package of safety features includes forward collision warning with pedestrian detection, low-speed automatic emergency braking, lane-departure warning, lane-keeping assist, lane-change assist, front cross-traffic detection, road sign detection, adaptive cruise control, and automatic high-beam headlights. You’ll also have the benefits of blind-spot monitoring, rear cross-traffic alerts, rear seat reminder, Safe Exit Assist, and Traffic Jam Assist in the Prius. The Hatchback Build Of The Prius Makes It Practical The Flexibility You Need Toyota Many hybrid cars come in sedan form, which limits cargo space. The Prius is still a hatchback, which gives you additional cargo flexibility. Even if you leave the rear seats up, you’ll have 20.3 cubic feet of cargo space, which is more than the trunk measurements of every sedan and some subcompact SUVs. Folding the seats down increases the usable cargo space to 26.7 cubic feet. The Only Three-Year-Old Hybrid That Checks All The Boxes Toyota Other hybrids from 2023 don’t compare to the Prius. The Honda Accord Hybrid has been marred by power loss and software issues. The Hyundai Elantra Hybrid is close, but doesn’t have the long-term hybrid reputation or resale value. The Toyota Corolla Hybrid could be a good option, but it feels more basic and less special than the Prius. The Prius gives you everything you want in a hybrid: efficiency, desirability, proven reputation, and modern technology, and it's past the highest depreciation point.Sources: IIHS, AutoTrader, Edmunds, Kelley Blue Book
