Toyota Camry Depreciation

A Toyota Camry will depreciate 49% after 5 years and have a 5 year resale value of $14,236.

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, and assumes a purchase price of $28,090 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Toyota Camry Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,011 82.16% $23,079 13,500 2021
2 $7,199 74.37% $20,891 27,000 2022
3 $9,848 64.94% $18,242 40,500 2023
4 $12,587 55.19% $15,503 54,000 2024
5 $13,854 50.68% $14,236 67,500 2025
6 $15,441 45.03% $12,649 81,000 2026
7 $16,458 41.41% $11,632 94,500 2027
8 $17,188 38.81% $10,902 108,000 2028
9 $19,169 31.76% $8,921 121,500 2029
10 $19,641 30.08% $8,449 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $5,011 82.16% $23,079
2 $7,199 74.37% $20,891
3 $9,848 64.94% $18,242
4 $12,587 55.19% $15,503
5 $13,854 50.68% $14,236
6 $15,441 45.03% $12,649
7 $16,458 41.41% $11,632
8 $17,188 38.81% $10,902
9 $19,169 31.76% $8,921
10 $19,641 30.08% $8,449

Toyota Camry Depreciation Calculator

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If you purchase a used Toyota Camry that is 2 years old, then you could save $7,199 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 $6,655. 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.

The Best Model Years to Buy a Toyota Camry

The 2016 Toyota Camry is our top pick for the best model year value for the Camry. With the 2016, you would only pay, on average, 55% of the price as new, with 67% of the vehicle's useful life remaining. The 2017 and 2019 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
2020 $28,090 $28,090 $163 $0 0% 100%
2019 $28,008 $23,196 $184 $4,894 17.42% 82.16% Better
2018 $27,937 $21,001 $224 $2,195 9.46% 74.37% Good
2017 $26,024 $17,186 $286 $3,815 18.17% 64.94% Better
2016 $26,024 $14,688 $326 $2,498 14.54% 55.19% Best
2015 $25,976 $13,572 $407 $1,116 7.6% 50.68% Good
2014 $25,307 $11,953 $556 $1,619 11.93% 45.03%
2013 $25,192 $11,057 $626 $896 7.5% 41.41%
2012 $24,939 $10,351 $673 $706 6.39% 38.81%
2011 $24,021 $8,395 $766 $1,956 18.9% 31.76%
2010 $23,129 $7,743 $786 $652 7.77% 30.08%
2009 $22,843 $7,167 $898 $576 7.44% 27.44%
2008 $22,177 $6,699 $1,056 $468 6.53% 25.45%
Year Price % Paid Value Rank
2020 $28,090 100%
2019 $23,196 82.16% Better
2018 $21,001 74.37% Good
2017 $17,186 64.94% Better
2016 $14,688 55.19% Best
2015 $13,572 50.68% Good
2014 $11,953 45.03%
2013 $11,057 41.41%
2012 $10,351 38.81%
2011 $8,395 31.76%
2010 $7,743 30.08%
2009 $7,167 27.44%
2008 $6,699 25.45%

Considering financing? Try our Toyota Camry Loan Calculator, which will steer you away from unattractive loan structures that put you in a bad financial position relative to the value of your vehicle. Customize a loan structure that is right for you, or try some basic options, No Money Down, 10% Down and 20% Down. Important Note: CarEdge.com does NOT offer auto financing, or are we affiliated with any financing sources. We provide this information in the hope that you can make a more informed purchasing decision.

Toyota Camry Review

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About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in September 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.