Hybrid Prius vehicle appreciates due to demand

August 1, 2008 2:29:10 PM PDT
Car buyers are apparently willing to pay more to get used models of a popular hybrid vehicle.A car research group says a used 2008 Toyota Prius has actually appreciated in value.

The group says a Prius with 8,000 miles goes for $1,300 more than a new one.

It is due to the high demand, the waiting list for a new Prius and record-high gas prices.

The value of a 2007 Prius has depreciated slightly.