{"id":1265,"date":"2010-04-19T00:00:00","date_gmt":"2010-04-19T00:00:00","guid":{"rendered":"http:\/\/blog.njstateauto.com\/auto-industry-news\/used-toyota-resale-values-on-the-rise\/"},"modified":"2010-04-19T00:00:00","modified_gmt":"2010-04-19T00:00:00","slug":"used-toyota-resale-values-on-the-rise","status":"publish","type":"post","link":"https:\/\/www.njstateauto.com\/blog\/used-toyota-resale-values-on-the-rise\/","title":{"rendered":"Used Toyota resale values on the rise"},"content":{"rendered":"

Resale values of Toyota<\/a> vehicles are gaining slowly after a boost in sales, as reported by the Japanese automaker earlier this month.<\/p>\n

Consumers who currently own a Toyota have gained back “at least some of the resale value” they lost at the peak of the safety recall in February, Bankrate.com reports.<\/p>\n

The automotive websites Edmunds.com and Kelly Blue Book have shown an uptick in resale values of used Toyota cars, in sharp contrast to their forecasts two months ago that prices would drop by as much as 10 percent.<\/p>\n

“Values for three-year-old Toyotas are improving, though at a slower rate than the current industry average,” the news provider reported, citing Kelley Blue Book’s analysis.<\/p>\n

Edmunds.com senior analyst Joe Spina also said that prices of used Toyota cars are “almost back to their pre-recall levels,” noting that a full rebound will not come until late summer.<\/p>\n

Toyota has recalled more than 8 million vehicles due to safety concerns, but its March sales increased 41 percent compared with those in the month a year earlier. The rebound has largely been fuelled by subsidized leases and interest-free financing.<\/p>\n","protected":false},"excerpt":{"rendered":"

Resale values of Toyota vehicles are gaining slowly after a boost in sales, as reported by the Japanese automaker earlier this month. Consumers who currently own a Toyota have gained back “at least some of the resale value” they lost at the peak of the safety recall in February, Bankrate.com reports. The automotive websites Edmunds.com […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,44],"tags":[],"yoast_head":"\nUsed Toyota resale values on the rise<\/title>\n<link rel=\"canonical\" href=\"https:\/\/www.njstateauto.com\/blog\/used-toyota-resale-values-on-the-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Used Toyota resale values on the rise\" \/>\n<meta property=\"og:description\" content=\"Resale values of Toyota vehicles are gaining slowly after a boost in sales, as reported by the Japanese automaker earlier this month. Consumers who currently own a Toyota have gained back “at least some of the resale value” they lost at the peak of the safety recall in February, Bankrate.com reports. 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