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Just heard back from IR who asked the

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Rawnoc   Thursday, 01/28/10 02:29:14 PM
Re: Knowledge is King post# 24
Post # of 67 
Just heard back from IR who asked the CEO -- CEO insists it will not have any impact on them since all of their Toyotas have already been leased and it's the leasee's responsibility to take care of the recall since there's no cost to the leasee.

My comment -- yeah, it's not like a landlord who is responsible for all repairs. When it comes to a car, a lease is really just a fancy financing agreement anyway.

On another note, the CEO said the media is blowing the recall out of portion anyway and you looked into the matter with Toyota and found out either tonight or tomorrow Toyota will be announcing the fix to the problem involves installing a 10 cent ring.

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