Toyota to buy back and crush EVERY tocoma built since 1995!!!!!!
I am copying this from someone I know on another board.
Ok...so i work at A-Reliable, we were bought out last year by LKQ which is world wide and well known in the automotive market. We were contacted by Toyota about a week ago and they are paying us 49.9 million dollars to do this for them, they are buying us all sorts of new equipment and supplies to get them this done as soon as possible and as fast and quietly as possible. I just had to share!
Toyota has chosen our company to do the procedures, Toyota has recalled every Tacoma produced from 1995 til present date, they are buying back the trucks from dealers, private owners, auto rebuilders, etc and destroying all of them. They are trying to keep this as quiet as possible, we will be receiving over 125,000 of these truck which will be spread over the entire US to all of the other LKQ yards and our included, we started getting a few in today, there are expected to be about 10,000 coming to our yard and we have 24 hours of the drop of date, to photograph them, drain them, crush them and photograph them again.
They are all being recalled, 4x2's 4x4's, extended cabs, regular cabs, all engine sizes, etc...the frame are rusting out completely on all of them, you can contact you local dealer about having
Toyota buy your truck back for what we have heard is a very decent fair market value for helping in getting them off the road.
Our yard manager picked the first one up to place it in the crusher and it buckled under its own weight...to show you guys who own these or know people still driving them what happens to them and why they are recalling them:
I signed my truck over to ISG last weekend, handed them my title and they slid the $15,274.50 check across the table to me...
My truck was a 1999 Tacoma X-Cab 2.7L 4x4 Auto w/177,000 miles, not a single body panel left undented, leaking tranny/t-case seals, busted cv-boots, and a cracked head after 6 winters of pushing my 6.5' Fisher blade... Since I could not drive it because I was in the middle of a head rebuild, I had it towed to the dealer on March 24th...
Since my daily driver Tacoma is now officially gone it was replaced with the Z28 below that Toyota paid for...
2002 LS1 powered Z28 w/35,000 miles traded in by the original owners who could no longer get in and out of it because they were 80 years old...
I still needed a truck, since camper towing, hauling tools and the 2x4/plywood transport capabilites suck with a Camaro, I purchased this SD two days ago for $17,500...
2001 F350 4x4 XLT Lariat, 7.3 Liter PSD, Auto, Manual hubs/t-case Which is now the reason I have joined this fine forum... Too learn more about my new ride other than it has the same MPG as my old Taco...
The heading of this thread is untrue. Read the posted items. They are not going to buy back every Taco since 1995.
While the warranty applies to all those trucks, not all will be bought back. Only those with damage. So your non-snowbelt trucks won't be bought back, for the most part.
Fords in the snowbelt have never rusted, have they?
I am going off what my buddy that works for LKQ the biggest junkyard chain in the country. His notice directly from toyota said all cars "up to current date" are being bought back and they are to drain fluids and crush them. They can not touch any of the parts or sell them. Drain and crush, period.
Not sure about the imspections, and how they can leave any of these trucks on the road as theyw ill just rust later and be a lawsuit waiting to happen when these things fold up in an acciddnet. Will they inspect these trucks once a year for the rest of their lives?
1. They extend the frame warranty to 15 years, unlimited mileage. So 2010.5 will be last year for 1995.5 trucks.
2. Lawsuits have a statute of limitations, and I'm sure Toyota considered this when coming up with a time-frame.
3. This is a serious problem, no doubt, but I've never heard of Ford stepping up, offering offering 1.5x blue-book and a loaner car. Maybe if they offered loaners customers would have a better perception of quality. Quality isn't just about actual problems -- take a look at how many recalls Toyota has had - -customer perception of being taken care of goes a long way towards thinking a product is better whether or not it is.
4. Toyota is keeping it quiet, how? You can't send a recall notice to 800K customers and not keep it quiet. Heck, you can't send a recall notice 1 customer these days and keep it quiet!
__________________
-Ken
Look, I'm gonna have to ask you to go ahead, just come back another time. I got a meeting with the Bob's in a couple minutes.
Wouldnt you expect an 800K vehicle recall, with many being bought for well over KBB value would be all over the news? I sure do. yet this has been going on for a little while and NO talk of this in the new sthat I have seen. I am on many automotive websites as well, and short of the toyota boards that this is directly effecting, no one has been talking about it. This is a very big story in my opinion, yet I am just hearing about this now? Seems he is right they are trying to keeep this quiet. I know this guy personally, he isnt making up what he says.
I'm sure I could find more examples, but its getting late.
I think its just a matter of time before it hits more major news outlets. But it may not.... because its not a recall technically. There were several Ford recalls which didn't immediately hit the press. It even took a while for the Firestone tire fiasco to build up steam. I think your friend maybe sensationalized it when he told you they were recalling all of them.
__________________
-Ken
Look, I'm gonna have to ask you to go ahead, just come back another time. I got a meeting with the Bob's in a couple minutes.
Regardless, the saying BUILT FORD TOUGH rings even truer now!
__________________
Pat W.
Nebraska Chapter Leader and Official Slackmaster! 2006 F-250 C/C Lariat LB, 6.0 PSD, 20'' Wheels 1997 F-150 SUPERCAB LARIAT SB 4X4 1967 F-100 4x4
GO BIG RED! CLICK HERE TO JOIN THE NEBRASKA CHAPTER!
True, but would Ford Motor Company issue a recall/buy-back program that pays 1.5 x Kelley Blue Book (Excellent Condition) regardless of actual condition? I believe that Toyota may turn a lemon into lemon-aide!
If someone had the time and money, they would be buying every used 1995 thru 2000 Tacoma with rust perforation to sell back to Toyota... there is some $$$ to be made here.
If someone had the time and money, they would be buying every used 1995 thru 2000 Tacoma with rust perforation to sell back to Toyota... there is some $$$ to be made here.
Only if you had purchased the truck before March 7, 2008...
Anyone who purchased one after that date would be reimbursed 100% of what they paid...
Now, if you had some inside information from someone in TMC prior to March, now that would have been a killer investment opportunity...
