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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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