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Should I keep my Toyota Prius Hybrid?

Keeping an 8-year-old (2018) Toyota Prius Hybrid at typical mileage costs about $4,051 a year: $909 in value it loses, $1,126 insurance, $733 fuel, $1,182 maintenance and repairs and $100 registration. A new one costs about $7,229 a year to own, mostly because new cars lose value faster.

By model year

What a Toyota Prius Hybrid costs to keep, by year

Next 12 months for a paid-off car at 12,000 miles a year, average insurance costs, $3.30 gas. Click a year to run your own numbers in Keep or Switch.

YearValue todayCost to keep next yearValue lostMaintenance and repairsEfficiencyRepair complaints
2025$23,911$5,095$2,250$65853 MPGFewer than average
2024$21,010$4,735$1,910$67953 MPGFewer than average
2023$18,527$4,488$1,588$79053 MPGAbout average
2022$16,431$4,194$1,284$81752 MPGFewer than average
2021$14,693$4,316$1,245$1,00752 MPGFewer than average
2020$13,044$4,075$966$1,05851 MPGFewer than average
2019$11,716$4,070$937$1,12152 MPGFewer than average
2018$10,455$4,051$909$1,18254 MPGFewer than average
2017$9,260$3,860$661$1,26154 MPGFewer than average
2016$8,340$4,071$834$1,32154 MPGFewer than average
2015$7,281$4,116$728$1,40148 MPGFewer than average
2014$6,356$4,094$636$1,49348 MPGFewer than average
2013$5,549$4,076$555$1,57448 MPGFewer than average
2012$4,844$4,090$484$1,67448 MPGAbout average
2011$4,229$4,101$423$1,76348 MPGAbout average

Should you keep it?

Keeping vs replacing your Toyota Prius Hybrid

A paid-off car is usually the cheapest car you can drive, even with repairs: a replacement starts losing value the day you buy it and comes with tax, fees and often a loan. Switching tends to pay only when repairs get large and frequent, or a much more efficient car cuts fuel costs enough. Keep or Switch compares your Toyota Prius Hybrid against any replacement, including the costs of switching.

Questions

Common questions

How much does it cost to own a Toyota Prius Hybrid per year?

For a 2018 model at typical mileage, about $4,051 a year in value lost, insurance, fuel, maintenance, repairs and registration, not counting any loan. Years in the table range from $3,860 to $5,095.

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