Toyota Recall Affects Used Car Dealers
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Dear NIADA Members, Toyota Temporarily Suspends Sales of Selected Vehicles/Recall Eight models of the Toyota Motor Division are involved in the recall/sales suspension. Those models are listed below. There are reports of sticking accelerator pedal mechanisms. Toyota’s accelerator pedal recall and suspension of sales is confined to the following Toyota Division vehicles: 2009-2010 RAV4 No Lexus Division or Scion vehicles are affected by these actions. Also not affected are Toyota Prius, Tacoma, Sienna, Venza, Solara, Yaris, 4Runner, FJ Cruiser, Land Cruiser and select Camry models, including all Camry hybrids, which will remain for sale. You cannot sell an UNSAFE vehicle without assuming liability!! Examine your own insurance policies, but I think you will find that in most cases you are not covered under this type of circumstance. You may even modify your purchase agreement referencing the recall with a separate document attached with full disclosure, however you are still selling a vehicle deemed unsafe by its manufacturer. On the wholesale level, if you purchase one of the listed vehicles, be prepared to hold it in inventory until the solution has been identified and the problem corrected. The manufacturer, as of this afternoon, has not announced a date when a solution to the problem may be identified! Thank you, Mike Linn, CEO |
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