Galves Ponders Impact Takata Recall Will Have on Used Market


Dan Galves
Galves Auto Price List

One of the problems for manufacturers, dealers, and consumers with the Takata airbag recall is confusion over which vehicles are actually affected. Of course, for many of us, our particular interest in the issue relates to how it will affect the pricing of used vehicles. One issue with the potential to have a major impact on the used vehicle market are the stop-sell directives being issued to their franchised dealers by OEMs.

Honda/Acura and BMW Have Issued Stop-Sale Warnings to their Dealers:
We expect other manufacturers to follow suit in the not too distant future.

There May be Some Dealers Willing to Risk the Liability Issues:
May indemnify themselves with waivers from buyers willing to take the risk.

Some Cars May Become More Desirable Because They Are Not Part of Recall:
Will late model Acura TSXs rise in value because Acura dealers cannot sell late model ILXs?



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