ToyotaELSettlement
- Thread starter Gstick
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philsey
New member
Ditto. I've not been harmed, thus no justification.
A previous thread found several users vocally opposed to the settlement because they a) disagree with the class action system as they understand it and b) never experienced any problems or harm themselves.
Point A is clearly a personal opinion and to each his/her own.
Point B is a common misunderstanding. This settlement offers payment to owners for damage done to the reputation of Toyota vehicles caused by the accelerator problems. It is not a payment for any harm or physical symptom in your vehicle, but rather the presumed decrease in resale value. Essentially, the problems were widely publicized and potentially caused some used car buyers to avoid Toyotas, thus lowering the market value of the vehicle.
I did not request to be included in the class settlement, primarily because I purchased by T4R pre-owned and thus presumably already benefited from any drop in resale price.
There are several options (file claim, object, exclude, do nothing) and each has it's own consequences and deadlines. It's worth checking out Toyota Economic Loss Settlement Website to see the options and the deadlines (some of which are May 13, 2013).
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Jesse1983
5th Gen Moderator
kmiller8821
New member
Got it. Trashed it.
AlrightGuy
New member
Anybody ever hear anything more about this? I got the postcard but tossed it in the trash and forgot about it. Today I got a check in the mail for $29.23. The funny thing is, I own a 2002 4runner.
yep did the same got a check Friday for $20.46 it said "sales Practices" on it though... dunno, I tossed the postcard as well but got paid.
Lester Lugnut
New member
So the "presumed decrease in resale value" is $20.46
oljedi11950
New member
Glad everybody got some ! 29$ beer money for me !!!! Much as they got I'll take a little bit back , like pissing on a flat rock .
