Toyota
No book value??

I have a toyota verso 1.8 SX CVT 2012 model which I bought for a very large R 305000. Think as all do toyota keeps good value I went to go get a valuation on the vehicle now and what a surprise that I found out my car does not have a book value. This apparently means toyota can now offer to buy it back from you at any price they feel like as there is no guideline whatsoever. So now I have to accept the 150k they offer. How on earth does a vehicle devalue by 50% in 11 months. I have never in my life heard of this. I am extremely discussed with toyota and will never buy any of their vehicles ever again.

Company: Toyota
Country: South Africa
City: Toyota

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