How much will the 2024 Toyota Camry cost?
In brief, the 2024 Camry starts around $27,000 before destination charges, with top trims and hybrids nearing the low-to-mid $40,000s depending on options and regional pricing.
Pricing for the 2024 Toyota Camry varies by powertrain (gasoline vs. hybrid), trim level, destination charges, taxes, and dealership incentives. This article outlines current market expectations for U.S. pricing and what you can expect to pay before dealer fees and taxes.
Pricing overview
This section provides a snapshot of typical starting prices for the 2024 Camry in its gasoline and hybrid configurations. All figures are approximate MSRPs before destination charges and are subject to regional differences and dealer pricing.
Gasoline Camry trims
Below are the approximate starting prices for the gasoline-powered Camry lineup, before destination charges and options.
- Camry L: about $27,000
- Camry LE: about $28,000
- Camry SE: about $29,000
- Camry XLE: about $35,000
- Camry XSE: about $36,000
Prices can vary by region and dealer, and higher trims add notable value with enhanced technology, comfort, and safety features. Always verify the exact MSRP on Toyota's official site or your local dealer sheet.
Hybrid Camry trims
Below are the approximate starting prices for the Camry Hybrid lineup, before destination charges and options. Hybrid pricing typically sits a bit higher than their gasoline equivalents at each trim level.
- Camry Hybrid LE: about $29,000
- Camry Hybrid SE: about $30,000
- Camry Hybrid XLE: about $35,000
- Camry Hybrid XSE: about $37,000
As with gasoline models, actual prices vary by market. Hybrid models may qualify for federal or state incentives, depending on location and current programs.
Additional costs to consider
Beyond the base MSRPs, buyers should account for destination charges, taxes, registration, and any dealer fees. Regional incentives and financing offers can also affect the out-the-door price.
- Destination charge: typically around $1,095 in the United States
- Taxes, title, and registration vary by state and locality
- Dealer documentation and prep fees may apply
- Incentives and financing offers can reduce the effective price
Always confirm the final price with your dealer, including a full breakdown of any fees and eligible incentives.
How to shop for a 2024 Camry
To get the best deal, compare MSRPs across multiple local dealers, check for current incentives, and consider whether a hybrid option provides sufficient fuel savings to justify the price premium. Test-drive multiple trims to evaluate value, comfort, and technology alignment with your needs.
Summary
The 2024 Toyota Camry offers a broad price range, starting near $27,000 for the base gasoline model and climbing into the mid-$30,000s or higher for higher trims, with hybrids typically carrying a modest premium. Destination charges and regional incentives will influence the final price, so verify exact figures with Toyota’s official pages or your local dealer for the most accurate, up-to-date numbers.
Why is Toyota discontinuing the Camry?
Toyota is not discontinuing the Camry globally, but is ending sales in Japan due to low domestic demand, a shift toward SUVs in that market, and the overlap with the Toyota Crown. The Camry will continue to be produced for other major markets, including North America, where it remains popular.
Reasons for discontinuing the Camry in Japan
- Low domestic sales: The Camry was selling poorly in Japan, with only 6,000 units sold in 2022, making up a small fraction of its global sales.
- Shift in consumer preference: Japanese consumers have increasingly favored SUVs and crossovers over sedans, a trend that hurt sales.
- Market overlap with the Crown: The Crown, which Toyota has reinvented as a quasi-crossover, fills a similar market role as the Camry, leading Toyota to focus on that model in Japan.
The Camry's future in other markets
- Continued global production: The Camry will continue to be produced for other markets where it is popular, such as the United States.
- Strong sales in North America: The Camry remains a strong seller in the U.S., which is one of its largest markets.
- New generation: A new generation of the Camry is planned for markets outside of Japan.
Can I still buy a new 2024 Toyota Camry?
Yes, the 2024 Toyota Camry is available to build and price online now.
How much should I pay for a 2024 Toyota Camry?
2024 Toyota Camry Pricing
The 2024 Toyota Camry has a starting sticker price of $27,515, with the range-topping Camry TRD kicking off at $34,580. But Kelley Blue Book Fair Purchase Pricing currently suggests paying $1,993 to $2,668 less than MSRP, depending on trim and equipment. These prices are updated weekly.
Which Camry to stay away from?
You should stay away from the 2007–2014 Toyota Camry, particularly the 2007–2011 models with the 2.4L 2AZ-FE engine due to oil consumption issues, and the 2012–2014 models that had transmission and AC problems. The 2018–2019 models also had reports of transmission issues with their 8-speed automatics.
Specific model years to avoid and why
- 2007–2011: These models, especially those with the 2.4L 4-cylinder engine, are prone to excessive oil consumption due to a design flaw in the piston rings. This can lead to serious engine damage, like rod knock, if not maintained meticulously.
- 2012–2014: These years experienced recurring problems with the automatic transmission, including slipping and torque converter issues. Owners also reported a musty smell from the AC system due to mold growth, and other issues with the AC compressor or heating.
- 2018–2019: Some of these models had problems with the 8-speed automatic transmission, leading to funky shifting.
What to consider instead
If you're looking for a reliable used Camry, focus on other model years like 2005–2006, 2015, or 2016–2017 models. You may also consider models from 2010 onwards, which had more reliable engines and safety features like standard stability control.
