Did Bankrupt Runaway Prius Driver Fake "Unintended Acceleration?"

[meegbear]

James Sikes, the San Diego runaway Toyota Prius driver, filed for bankruptcy in 2008 and now has over $700,000 in debt. According to one anonymous tipster, we're also told he hasn't been making payments on his Prius.

We received an email earlier today from an anonymous tipster who claims James (Jim) Sikes, the driver of the runaway Toyota Prius, was in financial trouble and even behind by five months on his payments for the Prius. If that's true, it's potential motivation for wanting to find an out — any out — on paying for the vehicle.

We did some public records searches (thanks to the help of Gawker's John Cook) and found Sikes and his wife Patty found themselves, like many in the California real estate business, on the bursting side of the real estate bubble last year. The two declared bankruptcy in June of 2008 and have a combined liability of over $700,000 dollars in debt.

Among the list of creditors holding secured claims is none other than Toyota Financial Services for a lease on a 2008 Toyota Prius with 7,200 miles on the odometer. Total value of the lease at the time of bankruptcy was $20,494.



So, with almost three-quarter million dollars in debt there's obviously the potential for financial motivation here. But, for his part, when we questioned Mr. Sikes over email earlier today, he denied being behind on his Prius payments.



Mr. Sikes also has not shied away from cameras appearing on CNN and numerous other television programs. In each, he's stated numerous times he's not going to sue and isn't looking for any financial remuneration from Toyota other than a new vehicle.

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http://jalopnik.com/5491101/did-bankrupt-runaway-prius-driver-fake-unintended-acceleration