Hybrid cars have become increasingly popular auto auctions. For a while, the price winning bidders paid for hybrid cars was similar to the prices found on the secondary market. This is because there are very few hybrid cars available. With such a limited supply and a high demand, there were not as many great deals as there are now. Fortunately, the number of hybrid cars on the roads and highways today continues to increase. As a result, the number and variety of hybrid cars hitting the secondary market has increased as well. Over the past several years, several popular hybrid cars are selling at auto auctions more often than the rest. By targeting anyone of these five hybrid cars, you will not only save money but have a greater selection to choose from. This will allow you to focus on characteristics such as reliability and wear and tear when making your final decision.
1. Chevy Volt
The Chevrolet Volt has garnered a lot of attention over the past several years and this has been accurately reflected by the increase in price winning bidders have had to pay at local auto auctions. At a recent auction in California, the winning bidder paid nearly $15,000 for 2012 Chevrolet Volt with only 23,000 miles on it. This four-door hatchback was valued at just over $38,000 the day was purchased.
2. Toyota Prius
The Toyota previous may be the most popular and well-known hybrid car. This is true on the auction scene as well as there are more Toyota previous hybrids than any other type of hybrid car. At a recent auction in Oregon a winning bidder paid less than $10,000 for the 2012 Toyota previous with less than 20,000 miles on it. This blue four-door hatchback was valued at nearly $37,000.
3. Lexus RX 400 Hybrid
At a recent auction in Connecticut, a 2008 Lexus RX 400 hybrid sold to the winning bidder for $10,500. It had an estimated retail value of nearly $31,000 because it had only 36,000 miles on it. This four-door sport utility vehicle featured a 3.3 liter V-6 engine as well as the ability to function as an electric hybrid. It is one of the most popular hybrid SUVs on the market and was considered a pioneer of SUV hybrid technologies in 2008.
4. Toyota Camry
Over the past several years, the Toyota Camry has also become a popular hybrid vehicle. At a recent auction in New York a winning bidder brought home a 2012 Toyota Camry hybrid and paid less than $9000. The estimated retail value was nearly $28,000.
5. Honda Civic Hybrid
The final popular hybrid found at auto auctions across the country is the Honda Civic hybrid. At a recent auto auction in California, a winning bidder paid less than $9000 for 2012 Honda Civic hybrid valued at nearly $25,000.