Yahoo Finance 264,000 Toyota owners eligible for up to $15,000 payout
Aussies who purchased a Toyota HiLux, Prado or Fortuner between October 2015 and April 2020 could be eligible to receive thousands of dollars in compensation.
Around 264,000 Aussies have been asked to sign up to receive thousands of dollars in compensation after the Federal Court ruled certain versions of the popular cars were equipped with defective diesel particulate filters.
The law firm handling the class action, Gilbert and Tobin, will start contacting eligible owners from today.
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The court found that the vehicles were not of “acceptable quality” and that Toyota had engaged in deceptive conduct in marketing the vehicles.
The court ruled that the value of the vehicles was reduced as a result of the defective systems, and that customers were entitled to be paid compensation for the reduction in value.
Toyota said it planned to contest the $2 billion ruling.
Who is eligible for compensation?
You may be a group member and able to claim money from Toyota in the event the class action is successful if you:
Acquired (including by way of purchase, exchange or taking on lease, or on hire-purchase) one or more models of Toyota motor vehicle in the Hilux, Fortuner and Prado ranges fitted with a 1GD-FTV engine or 2GD-FTV engine
Acquired the vehicle between October 1, 2015 and April 23, 2020
Did not acquire the vehicle in an auction
Did not acquire the vehicle for the purpose of re-supply
Acquired the vehicle from a Toyota dealership or other retailer, including second-hand through used-car dealers, or from any person who directly acquired the vehicle from a Toyota dealership or retailer
How to join the class action
It doesn’t cost you anything to be a part of the Toyota class action.
Customers will receive a notice from the Federal Court this month, inviting them to register their interest in receiving money to which they are entitled under the judgment.
Gilbert and Tobin said it was in group members’ interests to register.
“If group members do not register, they will not be able to receive any money to which they may otherwise be entitled under the judgment,” the law firm said.
For more information, visit the official class action website.
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