The asking price for a three-year-old Toyota Prius is now $32,000, a $12,500 jump over 2019, according to a new study from iSeeCars.
. High-volume models like these would typically be relatively inexpensive on the secondhand market, since there should be plenty of them available. But not in today's upside-down car market.
The rising costs have forced buyers to enter longer loan terms with less money down or choose older, less desirable vehicles, iSeeCars said. For much of the pandemic, carmakers around the globe have struggled with supply-chain issues that have severely limited their ability to make
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