Your daily toYOYOta newsPrices of used recalled Toyotas are lagging behind the market, says Edmunds.com. Their prices slipped while average prices of used vehicles overall rose in February, ADESA Inc. data show.
Joe Spina, an Edmunds.com analyst, said the prices of recalled Toyota vehicles as of March 12 are down almost 3 percent from a month earlier.
He said used-car buyers are turned off by publicity surrounding the recalls. Also, he said, "A fair number of Camry and Corolla models were recently returned by rental fleets, making it somewhat of a buyers' market for those vehicles," Spina said in a statement.
He said the price of the average 3-year-old Camry is flat compared with a year earlier, but prices of the average 3-year-old mid-sized sedan increased 7 percent year over year.
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