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On the surface, it would appear that with an annual fuel savings of $590 for the Prius, it would take roughly seven years and three months for the Prius to equal the cost of the Corolla. But that, however, is not the whole story.

Let’s return to Kelley Blue Book, and-here is where it gets a bit theoretical, but still valid-look at the value of a used Corolla and a used Prius. It’s worthwhile, but often overlooked, for both fleet and private buyers to consider the value of a vehicle when it’s time to get rid of it, not just to acquire it.

Retail value of a 2004 Toyota Prius, in excellent shape, with 50,000 miles, should be $19,320, according to Kelley. Retail value of a 2004 Toyota Corolla LE, in excellent shape with 50,000 miles, should be $14,105.

Advantage: Prius. While the Corolla has very good resale value, the Prius’ resale is astronomical, among the best in the industry.
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