Toyota Camry Depreciation
A Toyota Camry will depreciate 40% after 5 years and have a 5 year resale value of $21,492.
The Toyota Camry, being one of the best-selling cars in the country for years and years, depreciates right about in the middle of the pack. They are reliable and well-built, but there are loads of them on the market, so that keeps prices down. They are also very popular with rental companies, so if you buy a used Camry, there is a decent chance that it was sold an auction when the rental company turned it in. This isn't necessarily a bad thing, but rental cars can be ridden hard, and sometimes abused, so ask your salesperson about the history of the one that interests you.
The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $35,766 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Toyota Camry.
Toyota Camry Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $7,425 | 79.24% | $28,341 | 13,500 | 2025 |
| 2 | $9,192 | 74.30% | $26,574 | 27,000 | 2026 |
| 3 | $11,277 | 68.47% | $24,489 | 40,500 | 2027 |
| 4 | $12,411 | 65.30% | $23,355 | 54,000 | 2028 |
| 5 | $14,274 | 60.09% | $21,492 | 67,500 | 2029 |
| 6 | $15,480 | 56.72% | $20,286 | 81,000 | 2030 |
| 7 | $16,234 | 54.61% | $19,532 | 94,500 | 2031 |
| 8 | $17,522 | 51.01% | $18,244 | 108,000 | 2032 |
| 9 | $18,248 | 48.98% | $17,518 | 121,500 | 2033 |
| 10 | $19,560 | 45.31% | $16,206 | 135,000 | 2034 |
Toyota Camry Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $7,425 | 79.24% | $28,341 |
| 2 | $9,192 | 74.30% | $26,574 |
| 3 | $11,277 | 68.47% | $24,489 |
| 4 | $12,411 | 65.30% | $23,355 |
| 5 | $14,274 | 60.09% | $21,492 |
| 6 | $15,480 | 56.72% | $20,286 |
| 7 | $16,234 | 54.61% | $19,532 |
| 8 | $17,522 | 51.01% | $18,244 |
| 9 | $18,248 | 48.98% | $17,518 |
| 10 | $19,560 | 45.31% | $16,206 |
Buying a Toyota Camry New vs Used
If you purchase a used Toyota Camry that is 2 years old, then you could save $9,192 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $5,082. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Camry models become available.
What About Toyota Camry Insurance Costs?
The average cost to insure a Toyota Camry is about $2,012 per year. This adds up to around $10,060 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Toyota Camry. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure
The Best Model Years to Buy a Toyota Camry
The 2024 Toyota Camry is our top pick for the best model year value for the Camry. With the 2024, you would only pay, on average, 79% of the price as new, with 92% of the vehicle's useful life remaining. The 2023 and 2022 model years are also attractive years for the Camry, and provide a relatively good value. Our rankings consider multiple factors, including the Camry's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Toyota Camry models.
Toyota Camry Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2025 | $35,766 | $35,766 | $208 | $0 | 0% | 100% | |
| 2024 | $35,166 | $27,867 | $235 | $7,899 | 22.09% | 79.24% | Best |
| 2023 | $35,091 | $26,074 | $288 | $1,793 | 6.43% | 74.3% | Better |
| 2022 | $34,564 | $23,667 | $357 | $2,407 | 9.23% | 68.47% | Better |
| 2021 | $33,805 | $22,073 | $424 | $1,594 | 6.74% | 65.3% | Good |
| 2020 | $33,223 | $19,963 | $543 | $2,110 | 9.56% | 60.09% | Good |
| 2019 | $32,848 | $18,631 | $598 | $1,332 | 6.67% | 56.72% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2025 | $35,766 | 100% | |
| 2024 | $27,867 | 79.24% | Best |
| 2023 | $26,074 | 74.3% | Better |
| 2022 | $23,667 | 68.47% | Better |
| 2021 | $22,073 | 65.3% | Good |
| 2020 | $19,963 | 60.09% | Good |
| 2019 | $18,631 | 56.72% |
Toyota Camry Depreciation Rankings
We've ranked over 300 models from best to worst for Depreciation. See where the Toyota Camry ranks for Depreciation compared to other vehicles. Also check out how the Camry stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other Toyota Camry Costs of Ownership
Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Toyota Camry costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:
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