Toyota Camry Depreciation

A Toyota Camry will depreciate 46% after 5 years and have a 5 year resale value of $15,264.

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 12,000 miles per year. It also assumes a selling price of $28,131 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 Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

Toyota Camry Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,943 82.43% $23,188 12,000 2022
2 $7,348 73.88% $20,783 24,000 2023
3 $8,138 71.07% $19,993 36,000 2024
4 $10,529 62.57% $17,602 48,000 2025
5 $12,867 54.26% $15,264 60,000 2026
6 $14,026 50.14% $14,105 72,000 2027
7 $15,554 44.71% $12,577 84,000 2028
8 $16,547 41.18% $11,584 96,000 2029
9 $17,362 38.28% $10,769 108,000 2030
10 $19,197 31.76% $8,934 120,000 2031

Toyota Camry Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,943 82.43% $23,188
2 $7,348 73.88% $20,783
3 $8,138 71.07% $19,993
4 $10,529 62.57% $17,602
5 $12,867 54.26% $15,264
6 $14,026 50.14% $14,105
7 $15,554 44.71% $12,577
8 $16,547 41.18% $11,584
9 $17,362 38.28% $10,769
10 $19,197 31.76% $8,934

Buying a Toyota Camry New vs Used

If you purchase a used Toyota Camry that is 2 years old, then you could save $7,348 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 $5,519. 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 2019 Toyota Camry is our top pick for the best model year value for the Camry. With the 2019, you would only pay, on average, 74% of the price as new, with 83% of the vehicle's useful life remaining. The 2020 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
2021 $28,131 $28,131 $163 $0 0% 100%
2020 $28,090 $23,339 $184 $4,792 17.03% 82.43% Better
2019 $28,008 $20,917 $225 $2,422 10.38% 73.88% Best
2018 $27,937 $20,141 $286 $776 3.71% 71.07% Good
2017 $26,024 $16,610 $326 $3,531 17.53% 62.57% Better
2016 $26,024 $14,527 $407 $2,083 12.54% 54.26% Good
2015 $25,976 $13,580 $556 $947 6.52% 50.14%
2014 $25,307 $11,941 $626 $1,639 12.07% 44.71%
2013 $25,192 $11,046 $673 $895 7.5% 41.18%
2012 $24,939 $10,312 $766 $734 6.64% 38.28%
2011 $24,021 $8,415 $786 $1,897 18.4% 31.76%
2010 $23,129 $7,735 $898 $680 8.08% 29.56%
2009 $22,843 $7,089 $1,056 $646 8.35% 26.41%
Year Price % Paid Value Rank
2021 $28,131 100%
2020 $23,339 82.43% Better
2019 $20,917 73.88% Best
2018 $20,141 71.07% Good
2017 $16,610 62.57% Better
2016 $14,527 54.26% Good
2015 $13,580 50.14%
2014 $11,941 44.71%
2013 $11,046 41.18%
2012 $10,312 38.28%
2011 $8,415 31.76%
2010 $7,735 29.56%
2009 $7,089 26.41%

Toyota Camry Depreciation Rankings

Depreciation Rankings

We've ranked over 200 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.

Depreciation Rankings

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: