Toyota Camry Depreciation

A Toyota Camry will depreciate 49% after 5 years and have a 5 year resale value of $18,449.

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 $38,985 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

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Current Price
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Annual Miles

Toyota Camry Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,168 79.05% $30,817 15,000 2022
2 $11,382 70.80% $27,603 30,000 2023
3 $14,049 63.96% $24,936 45,000 2024
4 $16,353 58.05% $22,632 60,000 2025
5 $20,536 47.32% $18,449 75,000 2026
6 $21,813 44.05% $17,172 90,000 2027
7 $23,992 38.46% $14,993 105,000 2028
8 $26,771 31.33% $12,214 120,000 2029
9 $27,130 30.41% $11,855 135,000 2030
10 $30,444 21.91% $8,541 150,000 2031

Toyota Camry Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,168 79.05% $30,817
2 $11,382 70.80% $27,603
3 $14,049 63.96% $24,936
4 $16,353 58.05% $22,632
5 $20,536 47.32% $18,449
6 $21,813 44.05% $17,172
7 $23,992 38.46% $14,993
8 $26,771 31.33% $12,214
9 $27,130 30.41% $11,855
10 $30,444 21.91% $8,541

Buying a Toyota Camry New vs Used

Considering buying a new Toyota Camry? If you plan to keep this vehicle for 5 years then your total cost of depreciation would be $20,536. 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 $1,444 per year. This adds up to around $7,220 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 2020 Toyota Camry is our top pick for the best model year value for the Camry. With the 2020, you would only pay, on average, 80% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 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 $160 $0 0% 100%
2020 $28,090 $22,775 $183 $5,356 19.04% 80.43% Best
2019 $28,008 $20,590 $220 $2,185 9.59% 72.73% Better
2018 $27,937 $18,811 $278 $1,779 8.64% 66.34% Better
2017 $26,024 $16,155 $327 $2,656 14.12% 60.82% Good
2016 $26,024 $13,623 $404 $2,532 15.67% 50.8% Good
2015 $25,976 $12,961 $561 $662 4.86% 47.74%
2014 $25,307 $11,383 $623 $1,578 12.17% 42.52%
2013 $25,192 $9,714 $681 $1,669 14.66% 35.86%
2012 $24,939 $8,729 $766 $985 10.14% 35%
2011 $24,021 $7,277 $777 $1,452 16.63% 27.06%
2010 $23,129 $6,979 $869 $298 4.1% 26.42%
2009 $22,843 $6,245 $1,002 $734 10.52% 22.95%
Year Price % Paid Value Rank
2021 $28,131 100%
2020 $22,775 80.43% Best
2019 $20,590 72.73% Better
2018 $18,811 66.34% Better
2017 $16,155 60.82% Good
2016 $13,623 50.8% Good
2015 $12,961 47.74%
2014 $11,383 42.52%
2013 $9,714 35.86%
2012 $8,729 35%
2011 $7,277 27.06%
2010 $6,979 26.42%
2009 $6,245 22.95%

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: