Toyota Camry Depreciation

A Toyota Camry will depreciate 42% after 5 years and have a 5 year resale value of $21,622.

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.

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Toyota Camry Depreciation Calculator

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Current Price
Own it For
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This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own adviser regarding your particular circumstances.

Toyota Camry Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,732 82.73% $32,253 15,000 2025
2 $12,175 68.77% $26,810 30,000 2026
3 $13,252 66.01% $25,733 45,000 2027
4 $15,389 60.53% $23,596 60,000 2028
5 $17,363 55.46% $21,622 75,000 2029
6 $19,191 50.77% $19,794 90,000 2030
7 $20,882 46.44% $18,103 105,000 2031
8 $22,447 42.42% $16,538 120,000 2032
9 $23,895 38.71% $15,090 135,000 2033
10 $25,235 35.27% $13,750 150,000 2034

Toyota Camry Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,732 82.73% $32,253
2 $12,175 68.77% $26,810
3 $13,252 66.01% $25,733
4 $15,389 60.53% $23,596
5 $17,363 55.46% $21,622
6 $19,191 50.77% $19,794
7 $20,882 46.44% $18,103
8 $22,447 42.42% $16,538
9 $23,895 38.71% $15,090
10 $25,235 35.27% $13,750

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 $17,363. 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 $1,967 per year. This adds up to around $9,835 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 2022 Toyota Camry is our top pick for the best model year value for the Camry. With the 2022, you would only pay, on average, 71% of the price as new, with 83% of the vehicle's useful life remaining. The 2023 and 2021 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
2024 $31,367 $31,367 $197 $0 0% 100% Good
2023 $31,596 $26,501 $226 $4,866 15.51% 83.87% Better
2022 $34,935 $24,744 $273 $1,757 6.63% 70.83% Best
2021 $34,772 $23,733 $348 $1,011 4.09% 68.25% Better
2020 $32,667 $22,410 $411 $1,323 5.57% 68.6% Good
2019 $32,403 $21,091 $509 $1,319 5.89% 65.09%
2018 $32,620 $19,538 $584 $1,553 7.36% 59.9%
2017 $29,202 $16,351 $614 $3,187 16.31% 55.99%
2016 $29,202 $15,204 $633 $1,147 7.01% 52.06%
2015 $29,199 $14,236 $660 $968 6.37% 48.76%
2014 $28,579 $12,802 $698 $1,434 10.07% 44.8%
2013 $28,355 $12,053 $758 $749 5.85% 42.51%
2012 $28,031 $10,822 $817 $1,231 10.21% 38.61%
Year Price % Paid Value Rank
2024 $31,367 100% Good
2023 $26,501 83.87% Better
2022 $24,744 70.83% Best
2021 $23,733 68.25% Better
2020 $22,410 68.6% Good
2019 $21,091 65.09%
2018 $19,538 59.9%
2017 $16,351 55.99%
2016 $15,204 52.06%
2015 $14,236 48.76%
2014 $12,802 44.8%
2013 $12,053 42.51%
2012 $10,822 38.61%

Toyota Camry 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.

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:

Toyota Camrys For Sale

2014 Toyota Camry XLE

Mileage: 121,679
Mileage: 121,679     Price: $11,995
Location: Sterling, VA ~ 3 miles away
Dealer: Stohlman Subaru Of Sterling
Days on Market: 149
Colors (ext/int): Attitude Black Metallic / Ivory

$11,995


2018 Toyota Camry XLE

Mileage: 43,969
Mileage: 43,969     Price: $23,000
Location: Sterling, VA ~ 3 miles away
Dealer: Autonation Honda Dulles
Days on Market: 11
Colors (ext/int): Wind Chill Pearl / Ash

$23,000


2020 Toyota Camry XSE

Mileage: 112,433
Mileage: 112,433     Price: $19,590
Location: Sterling, VA ~ 3 miles away
Dealer: Autonation Honda Dulles
Days on Market: 97
Colors (ext/int): Midnight Black / Cockpit Red

$19,590


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