Toyota Camry Depreciation

A Toyota Camry will depreciate 50% after 5 years and have a 5 year resale value of $14,037.

The Toyota Camry, being one of the best-selling cars in the country for years and years, depreciates right about in the middle of where all other cars depreciate. 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 where the Camry that you're interested in came from.

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, 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 $5,416 80.72% $22,674 13,500 2021
2 $8,171 70.91% $19,919 27,000 2022
3 $10,295 63.35% $17,795 40,500 2023
4 $12,638 55.01% $15,452 54,000 2024
5 $14,053 49.97% $14,037 67,500 2025
6 $15,683 44.17% $12,407 81,000 2026
7 $16,812 40.15% $11,278 94,500 2027
8 $17,587 37.39% $10,503 108,000 2028
9 $19,593 30.25% $8,497 121,500 2029
10 $20,082 28.51% $8,008 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $5,416 80.72% $22,674
2 $8,171 70.91% $19,919
3 $10,295 63.35% $17,795
4 $12,638 55.01% $15,452
5 $14,053 49.97% $14,037
6 $15,683 44.17% $12,407
7 $16,812 40.15% $11,278
8 $17,587 37.39% $10,503
9 $19,593 30.25% $8,497
10 $20,082 28.51% $8,008

Toyota Camry Depreciation Calculator

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If you purchase a used Toyota Camry that is 2 years old, then you could save $8,171 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 $5,882. 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 2018 Toyota Camry is our top pick for the best model year value for the Camry. With the 2018, you would only pay, on average, 71% of the price as new, with 83% of the vehicle's useful life remaining. The 2016 and 2017 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 $107 $0 0% 100%
2019 $28,008 $22,736 $128 $5,354 19.06% 80.72% Good
2018 $27,937 $19,978 $168 $2,758 12.13% 70.91% Best
2017 $26,024 $16,716 $229 $3,262 16.33% 63.35% Better
2016 $26,024 $14,586 $270 $2,130 12.74% 55.01% Better
2015 $25,976 $13,332 $351 $1,254 8.6% 49.97% Good
2014 $25,307 $11,676 $499 $1,656 12.42% 44.17%
2013 $25,192 $10,684 $570 $992 8.5% 40.15%
2012 $24,939 $9,942 $617 $742 6.94% 37.39%
2011 $24,021 $7,976 $710 $1,966 19.77% 30.25%
2010 $23,129 $7,324 $730 $652 8.17% 28.51%
2009 $22,843 $6,569 $842 $755 10.31% 25.07%
2008 $22,177 $6,191 $1,000 $378 5.75% 23.41%
Year Price % Paid Value Rank
2020 $28,090 100%
2019 $22,736 80.72% Good
2018 $19,978 70.91% Best
2017 $16,716 63.35% Better
2016 $14,586 55.01% Better
2015 $13,332 49.97% Good
2014 $11,676 44.17%
2013 $10,684 40.15%
2012 $9,942 37.39%
2011 $7,976 30.25%
2010 $7,324 28.51%
2009 $6,569 25.07%
2008 $6,191 23.41%
Our Favorite Toyota Camry Photo

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 April 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.