MONTOYA LAW FIRM, P.A.

experience, trust and results

TOYOTA RECALL LITIGATION INFORMATION
In the recent months, Toyota Motor Sales, USA, Inc. has recalled various vehicles due to defects which may cause serious injuries to drivers and passengers. The company is offering to fix the defects at no cost.  But there is a hidden cost to the owner of the vehicle which is not being addressed by Toyota.  If you are the owner of a Toyota car, truck or SUV the reality is that your Toyota automobile may have decreased in value. What you may not have considered is that even if Toyota fixes the problems and no one is injured from the defects, the recent barrage of news has resulted in a negative image for the Toyota brand.  The price of the cars will inevitably decrease as more and more people refrain from purchasing Toyotas as a result of the negative publicity.  Historically, Toyota automobiles possess a high resale value.  But now, with safety concerns in some of the vehicles, it may become harder to sell new and used Toyota automobiles. As Toyota continues to make headlines in the internet, television and newspapers, residual values for their vehicles are expected to decrease further.
 
The MONTOYA LAW FIRM, P.A. is investigating the possibility of filing a class action lawsuit in order to recover the loss of re-sale value for your vehicle by evoking a legal theory known as “diminution of value”.  Under this legal theory, the owners of Toyota automobiles can claim compensation for the amount of depreciation that occurred as a result of the decreased market value of their car.  If you are interested in learning more about this class action lawsuit, please fill out the questionnaire and an experienced attorney form our office will contact you.  Please make sure to include your e-mail address.  If you have any additional questions, you may also contact us at 305-666-5353 in Miami, Florida.
Is Your Vehicle Involved?

Defective Accelerator Pedals

There have been thousands of reports of accelerator pedal sticking.  The following vehicles have been recalled for this problem.

  • Certain 2009-2010 RAV4

  • Certain 2009-2010 Corolla

  • 2009-2010 Matrix

  • 2005-2010 Avalon

  • Certain 2007-2010 Camry

  • Certain 2009 Camry Hybrid

  • Certain 2010 Highlander

  • 2007-2010 Tundra

  • 2008-2010 Sequoia

Defective Braking Systems

On Jan. 21 2010 Toyota issued a second recall that involved the braking system on a number of Toyota models, which are listed below.  Toyota claims that this defect can be fixed with this recent recall.   Industry experts, however, are not convinced that the problem will be resolved.

  • 2010 Prius

  • 2009-2010 RAV4

  • 2009-2010 Corolla

  • 2009-2010 Matrix

  • 2005-2010 Avalon

  • 2007-2010 Camry

  • 2010 Highlander

  • 2007-2010 Tundra

  • 2008-2010 Sequoia

  • 2010 Lexus HS 250h

Defective Floor Mats

Toyota has recalled the following models because of inadequate fitting floor mats.  The mats were sliding forward and causing the accelerator to stick, making the drivers unable to control their speed.  Industry experts are not certain that the floor mat is the real cause of the accelerator problem. 

  • 2007-2010 Camry

  • 2005-2010 Avalon

  • 2004-2009 Prius

  • 2005-2010 Tacoma

  • 2007-2010 Tundra

  • 2008-2010 Highlander

  • 2009-2010 Corolla

  • 2009-2010 Venza

  • 2009-2010 Matrix