Can I sue if my resale value of my Toyota has gone down because of the Toyota Recall?

Yes, you may be able to sue if the resale of your Toyota motor vehicle has decreased because of the recent Toyota Recall. People who are interested in suing over the loss of resale value usually sue under an “economic loss” theory because the recalls have hurt the resale value of their vehicles. Kelley Blue Book guides have warned that Toyota values will continue to decrease by an additional 1.5% on top of the usual decline in vehicle value. 

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Injuries cost money, including time away from work, medical bills, and other complications. Before taking legal action or trying to negotiate a settlement on your own, you should talk to an attorney about your case. You can search LawInfo’s legal directory to find a local toyota brake pad recall attorney to discuss the merits of your case. This one step can level the playing field, help you protect your rights, and put you in the best position for recovering the compensation that you deserve.

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