Top Tips for Diminished Value Claims in Australia

If you bought a new Toyota diesel between October 2015 and April 2020, you might be driving a vehicle that a court found was not of acceptable quality. The High Court of Australia confirmed in late 2024 that consumers can claim damages for the reduction in value of goods that fail the acceptable quality guarantee under the Australian Consumer Law. For the roughly 260,000 vehicles affected by the defective exhaust system, the practical question is what that reduction in value actually means in cash terms — and how you go about claiming it.

Disclosure: Some links on this page are affiliate links. If you make a purchase through them, Britwealth may earn a commission at no extra cost to you. We only include products and services that are relevant to the topic.

This article is general information only and does not constitute professional advice. For your specific situation, consult a qualified professional.

260,000
Toyota diesel vehicles affected by the defect
High Court of Australia

17.5%
Reduction in value awarded at first instance
Ashurst

50%
Projected failure rate of affected vehicles within 5 years
Quinn Emanuel

94%
Projected failure rate within 10 years
Quinn Emanuel

Those numbers matter because they set the scale of what’s at stake. A 17.5% reduction on a $50,000 vehicle is $8,750. But the Full Federal Court later limited damages to the period before Toyota offered a free fix in mid-2020, which changed the calculation significantly. The High Court’s November 2024 ruling clarified how reduction in value damages should be assessed under section 272(1)(a) of the ACL, and it has implications that go well beyond this one class action. Here’s what you actually need to know.

What the Toyota Case Means for Your Diminished Value Claim

Damages at time of supply
The High Court confirmed reduction in value is calculated at the time of purchase, not when the defect first caused problems. That means you don’t need to wait for something to break before you can claim.

Repair availability matters
If a free fix becomes available, courts will factor that into the damages calculation. The Full Federal Court limited Toyota’s exposure to the period before the mid-2020 fix was offered.

Loss of utility, not resale value
The ACL focuses on how much use you lost from the vehicle, not what it’s worth on the second-hand market. That’s a different calculation than a typical diminished value claim after an accident.

Consequential losses are separate
Section 272(1)(b) allows you to claim additional losses caused by the defect — like higher fuel costs or extra servicing — on top of the reduction in value.

The central concept here is reduction in value — the difference between what you paid and what the vehicle was actually worth at the time of supply, given the defect. The High Court made clear this is assessed based on everything that was known or knowable at that point, not with the benefit of hindsight.

Reduction in value
Under section 272(1)(a) of the Australian Consumer Law, the difference between the actual value of goods at the time of supply and the lower of the price paid or the average retail price at that time, calculated based on all information known or knowable then.

What I tend to notice is that most people assume a diminished value claim is about resale price. In the Toyota case, the courts were clear it’s about utilisation value — what the vehicle was worth to you as a usable product. That distinction matters when you’re deciding whether to pursue a claim.

How Reduction in Value Is Calculated Under the ACL

The calculation method matters more than the headline percentage. The first-instance judge in the Toyota case awarded 17.5% of the average retail price at supply. But the Full Federal Court said that approach was wrong because it didn’t account for the free fix that became available in mid-2020. The High Court then confirmed the proper method: assess the loss of utility over the expected useful life of the vehicle, measured at the time of purchase.

The key number: 17.5%
That was the reduction in value awarded at first instance for Toyota diesel vehicles with the defective exhaust system. On a $50,000 vehicle, that’s $8,750. But the Full Federal Court later limited damages to the period before the fix was available, which could reduce that figure significantly depending on when you bought the vehicle and when the fix was offered.

The table below shows how the calculation changes depending on when the vehicle was purchased and whether a fix was available.

→ Scroll right to see all columns

Source: Ashurst analysis
Purchase periodFix available?Damages likely coverExample on $50,000 vehicle
Oct 2015 – May 2020No fix at purchaseFull period of defect (pre-fix)Up to $8,750 (17.5%)
Oct 2015 – May 2020Fix offered mid-2020Only period before fix availableReduced amount, varies by purchase date
After May 2020Free fix availableMinimal or nil (defect remedied)Likely $0

The practical takeaway is that timing is everything. If you bought a vehicle after the fix was available, your claim is essentially dead. If you bought before, the amount you can claim depends on how long you had to live with the defect before Toyota offered to fix it for free. The courts also considered that owners continued using their vehicles despite the defect, which reduced the loss of utility further.

For anyone dealing with a similar situation — whether it’s a car, an appliance, or any other consumer good — the principle is the same. The reduction in value is calculated at the time of supply, based on what a reasonable consumer would expect, and a prompt remediation program can significantly limit what you can recover.

Common Mistakes People Make With Diminished Value Claims

Waiting for the defect to cause a failure

The High Court confirmed that damages are assessed at the time of supply, not when the defect actually manifests. In the Toyota case, the trial judge held each vehicle failed the acceptable quality guarantee at supply, regardless of whether adverse consequences later appeared. Toyota projected 50% of vehicles would fail within five years and 94% within ten years — but the claim wasn’t about waiting for those failures. If you’re sitting on a defective product waiting for something to break, you’re probably leaving money on the table.

Assuming diminished value means resale value

The ACL focuses on utilisation value — what the product is worth to you as something you use. The Full Federal Court was explicit about this: the focus is on utilisation value, not resale value, because the ACL applies to goods ordinarily acquired for use rather than resale. A car that smokes and smells but still gets you from A to B has lost some utility, but not all of it. That’s a different calculation than what a dealer would offer you on trade-in.

Ignoring the impact of a free fix

If the manufacturer offers a free repair that restores the product to acceptable quality, that will reduce your damages. The Full Federal Court limited Toyota’s exposure to the period between purchase and when the fix became practically available. If you accepted the fix, your claim is essentially for the time you spent driving a defective vehicle, not for the defect itself. If you didn’t accept the fix, the court will still factor its availability into the calculation.

Not keeping records of consequential losses

Section 272(1)(b) allows you to claim additional losses caused by the defect — things like increased fuel consumption, extra servicing costs, or even lost income if the vehicle was unusable. In the Toyota case, the defective system caused higher fuel consumption and more frequent servicing needs. Those are real costs that can be claimed separately from the reduction in value. But you need records: receipts, service invoices, fuel logs. Without them, you’re guessing.

How to Pursue a Diminished Value Claim in Australia

Identify whether the product failed the acceptable quality guarantee

Under the ACL, goods must be of acceptable quality, fit for purpose, acceptable in appearance and finish, and free from defects. The standard is what a reasonable consumer would consider acceptable, taking into account the nature of the goods, the price, and any representations made. If your vehicle or product has a defect that affects its use, appearance, or durability, it likely fails this guarantee. The Toyota case established that a defect that causes excessive smoke, foul odour, increased fuel consumption, and higher servicing needs clearly breaches the guarantee.

Calculate the reduction in value at the time of supply

This is where it gets technical. The reduction in value is the difference between what you paid (or the average retail price at supply, whichever is lower) and the actual value of the goods with the defect, assessed at the time of purchase. You need to consider the seriousness of the defect, its likely consequences, and the utility of the goods despite the defect. If a fix was available or became available, that reduces the loss of utility. A good starting point is to look at what a reasonable consumer would have paid for the product knowing about the defect at the time of purchase.

Document all consequential losses

Separate from the reduction in value, you can claim any loss or damage suffered because of the defect. This includes increased running costs, additional servicing, repair costs you paid before a fix was offered, and any other expenses directly caused by the defect. Keep every receipt, every service record, and a log of any extra fuel consumption. The more detailed your records, the stronger your claim.

Consider whether a class action covers your situation

The Toyota case was a class action covering approximately 260,000 vehicles. If you’re one of those owners, you may already be covered by the proceedings. For other products, class actions are becoming more common for widespread defects. Joining a class action can reduce your individual costs and legal complexity, but it also means you’re bound by the outcome. If you’re unsure, it’s worth checking whether a class action has been filed for your specific product.

Understand the impact of a remediation program

If the manufacturer offers a free fix, your damages will be limited to the period before that fix was available. The Full Federal Court’s ‘sooner the better’ approach means manufacturers who act quickly to remediate defects can significantly reduce their exposure. From a consumer perspective, that means you need to act quickly if you want to claim for the period before the fix was offered. Waiting too long could mean the fix was available for most of the time you owned the product, leaving you with minimal damages.

Frequently Asked Questions

Can I claim diminished value if I still use the vehicle?
Yes. The Full Federal Court specifically accounted for continued use of the vehicles despite the defect. Continued use reduces the loss of utility but doesn’t eliminate it entirely.
What if I bought the vehicle second-hand?
The ACL’s acceptable quality guarantee applies to all consumers, not just the original buyer. If you bought a used vehicle that had the defect at the time of supply, you may still have a claim.
Does the 17.5% figure apply to all Toyota diesel vehicles?
No. That was the first-instance award, which the Full Federal Court later limited. The actual amount depends on when you bought the vehicle and whether you accepted the free fix.
How long do I have to make a claim?
Under the ACL, you generally have three years from the date you discovered (or should have discovered) the defect to bring a claim. For the Toyota case, the defect was known by 2020, so time may be running out.
Can I claim for a vehicle I no longer own?
Yes. The reduction in value is assessed at the time of supply, not when you sold the vehicle. If you owned the vehicle during the period the defect affected its value, you may still have a claim.
Do I need a lawyer to make a diminished value claim?
For individual claims, you can pursue it yourself through your state’s consumer affairs tribunal. For class actions, you’ll typically be represented by the law firm running the case. If you’re unsure about your legal position, getting legal advice online can help clarify your options before you commit to a course of action.

Why the High Court’s Decision Changes the Landscape

The November 2024 High Court judgment in Williams v Toyota Motor Corporation Australia Limited entrenches section 272(1)(a) as a powerful remedy for consumers. By confirming that reduction in value is assessed at the time of supply based on all information known or knowable then, the Court made it easier for consumers to claim without waiting for the defect to cause actual harm. But the decision also confirms that manufacturers who act quickly to offer fixes can limit their exposure. The practical effect is a clearer framework: if you bought a defective product, your claim is based on what you lost in utility from day one, not what eventually went wrong.

Remember: this article is general information only. For advice on your specific situation, speak to a qualified professional.

If this was useful, you might also want to read Claim Denied? Your Rights as an Aussie Car Insurance Policyholder.

Sources and Further Reading

How Temporary Car Insurance Can Save You Money in Australia — Practical guidance on insurance options that can help you manage costs while dealing with a defective vehicle.

Tips to Lower Your Monthly Premium Car Insurance Costs — Strategies for reducing your insurance expenses, which can offset some of the financial impact of a defective vehicle.

Quinn Emanuel (2024). High Court of Australia Outlines Proper Approach to Assessing Reduction in Value Damages. 🔗

Ashurst (2024). Reduction in Value Can Be Repaired: Latest Guidance on Damages in Consumer Claims. 🔗

Share this

Facebook
Twitter
LinkedIn
Email

Sam Willy

I’m Sam Willy, one of the bright minds behind BritWealth.com, where I share insights, stories, and fun ideas about a wide range of topics—finance included, but not limited to it! My journey into the world of writing began with a simple hobby: sharing the things that fascinated me. From quirky facts to deeper dives into personal development, I’ve always been curious about the world around me and love passing that knowledge on.
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted

Disclaimer

The content published on BritWealth.com is provided for general informational and educational purposes only and should not be considered financial, legal, insurance, tax, investment, or professional advice. You should always carry out your own research or seek independent professional guidance before making financial or business decisions.

Some content on this website may contain affiliate links. This means BritWealth.com may earn a commission if you click through and make a purchase, at no additional cost to you. As an Amazon Associate, BritWealth earns from qualifying purchases.

While we make reasonable efforts to keep information accurate and up to date, BritWealth.com makes no representations or warranties, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of any content on this website.

Any reliance you place on information found on this site is strictly at your own risk. BritWealth.com will not be liable for any loss, damage, or consequences arising from the use of this website or reliance on its content.

By using this website, you acknowledge and agree to this disclaimer and our terms of use.

Table of Contents

Share This

On Trend

Readers'
Top Picks

Save Money On Car Insurance With Eco-Friendly Choices

Want to lower your car insurance premiums in Australia? Going green with your vehicle choices and driving habits can significantly impact your budget. Insurers often reward eco-conscious drivers with lower rates. Choosing fuel-efficient vehicles, adopting smoother driving styles, and even opting for green insurance policies can all lead to savings. Let’s dive into how you can make eco-friendly choices to reduce your car insurance costs. Choosing the Right Car: Fuel Efficiency and Insurance Costs The type of car you drive is one of the most significant factors influencing your insurance premium. In Australia, insurers assess risk based on various

Read More »

Protect Your Modified Car: Key Insurance Tips For Australian Drivers

When you personalize your car, you’re not just giving it a fresh look or boosting its performance; you’re also altering how your car insurance works. In Australia, modified cars come with specific insurance needs to safeguard your investment. Here are essential tips to make sure you have the right coverage for your customized vehicle. Understand What Counts as a Modified Car Not every little tweak counts as a modification for insurance purposes. Generally, a modified car includes changes to the engine, suspension, wheels, or bodywork. Even aesthetic upgrades, like a vibrant new paint job or installing spoilers, can be

Read More »

Understanding Comprehensive Car Insurance: What You Need To Know

In 2026, the average Australian comprehensive car insurance premium sits at $2,600 a year. For a driver under 25 in Victoria, the same policy can cost over $3,600 — that’s more than $1,000 extra based purely on age and postcode. The gap between the cheapest and most expensive quote for the same cover often exceeds 30%. Understanding where those differences come from is the only way to avoid overpaying. Disclosure: Some links on this page are affiliate links. If you make a purchase through them, Britwealth may earn a commission at no extra cost to you. We only include

Read More »

Understanding Dealership Loaner Policy For Car Insurance Tips

Understanding the dealership loaner policy is super important for car owners, especially when it comes to what your car insurance covers in Australia. Dealership loaners are basically temporary cars you get from the dealer while your own ride is in the shop getting fixed or serviced. Knowing how these loaners play with your car insurance can help you dodge unexpected bills or sticky situations. What’s a Dealership Loaner, Anyway? So, a dealership loaner vehicle is just a car that the dealership lets you borrow while they’re working on your car. Think of it as a temporary replacement. These cars

Read More »

Is Your Car Insurance Really Worth It? Aussies Weigh In

Car insurance in Australia is a necessary expense for most vehicle owners. But is it really worth the monthly premiums, especially when budgets are tight? Aussies are constantly weighing the risks and costs. This article digs deep into the world of Australian car insurance, offering insights, tips, and real-world examples to help you decide if your current policy is the right fit, and how to potentially save money without sacrificing crucial coverage. Understanding the Different Types of Car Insurance in Australia Choosing the right car insurance starts with understanding the options available. The three main types in Australia are

Read More »

Safe Driver Discounts: Save On Your Car Insurance Premiums

Safe driver discounts offer a fantastic way to reduce your car insurance costs in Australia. By driving safely and keeping your driving record clean, you can unlock lower premiums and save money. This article will explain exactly what these discounts are, how they work in Australia, and what you can do to take advantage of them. What Are Safe Driver Discounts? Safe driver discounts are reductions in your car insurance premium given to drivers who maintain a good driving record. Insurance companies reward drivers who haven’t made claims or have had very few claims over a certain amount of

Read More »