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Toyota used car prices downgraded

5 years ago February 08, 2010 Feb 8, 2010 Monday, February 08 2010 Monday, February 08, 2010 7:12:42 PM EST in News
Source: Associated Press

Persistent trouble with Toyotas prompted Kelly Blue Book to reduce the value of some used cars involved in a massive recall for the second time in less than a week. The value dropped an average of about 3.5 percent and Kelly Blue Book says it could drop further.  The cuts range from about $300 for a Corolla to $750 for a Sequoia.  Both models are involved in the recall because gas pedals stick and cause a rapid acceleration.  Kelly Blue Book says the latest reduction reflects a drop in customer demand for Toyotas.   

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