A Guide on Car Insurance Transfer
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Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2023 Corolla, Corolla Cross, Corolla Cross Hybrid, Highlander, Highlander Hybrid, Tacoma, 2023 Lexus RX350, RX350 Hybrid, RX500 Hybrid, 2023-2024 Lexus NX250, NX350, and NX350 Hybrid vehicles. An electrical connection inside the steering column's spiral cable assembly may be insufficiently welded, causing the connection to separate and deactivate the driver's air bag. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 208, "Occupant Crash Protection."
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $1,264 |
Year 2 $1,167 |
Year 3 $1,070 |
Year 4 $973 |
Year 5 $875 |
Total for 5 years: $5,349 |
Insurance |
Year 1 $2,118 |
Year 2 $2,192 |
Year 3 $2,269 |
Year 4 $2,348 |
Year 5 $2,430 |
Total for 5 years: $11,357 |
Fuel |
Year 1 $1,418 |
Year 2 $1,461 |
Year 3 $1,512 |
Year 4 $1,572 |
Year 5 $1,643 |
Total for 5 years: $7,606 |
Maintenance |
Year 1 $40 |
Year 2 $480 |
Year 3 $615 |
Year 4 $707 |
Year 5 $1,038 |
Total for 5 years: $2,880 |
Repair |
Year 1 $91 |
Year 2 $323 |
Year 3 $353 |
Year 4 $487 |
Year 5 $612 |
Total for 5 years: $1,866 |
Taxes & Fees |
Year 1 $765 |
Year 2 $87 |
Year 3 $111 |
Year 4 $71 |
Year 5 $99 |
Total for 5 years: $1,133 |
Total for 5 years: $30,193
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