Toyota used car prices downgraded
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.