What is the depreciation rate of a Toyota Camry?
The depreciation rate for a Toyota Camry isn’t a single fixed number. In general, these reliable sedans tend to lose about 40% to 50% of their original price over the first five years, with actual results varying by year, trim, mileage, and market demand.
Understanding depreciation in context
Depreciation measures how much value a car loses from new to used. For the Camry, reliability and strong supply of used models help it retain value better than many rivals, but every vehicle’s drop is influenced by how it’s used, cared for, and sold. The figures below synthesize common market data from trusted valuation sources as of 2024–2025.
Typical depreciation trajectory for a Camry
Below is a general trajectory showing how a Camry’s value tends to change with age. Individual cars can diverge based on mileage, condition, and regional demand.
- 0–1 year: roughly 10%–20% depreciation from the original price
- 2–3 years: roughly 20%–35% total depreciation from the original price
- 4–5 years: roughly 35%–45% total depreciation from the original price
- 6–7 years: roughly 45%–60% total depreciation from the original price
- 8–10 years: roughly 60%–70% total depreciation from the original price
Keep in mind these ranges are illustrative. A Camry with exceptionally low mileage, meticulous maintenance, and a desirable trim can depreciate less, while higher mileage, older tires, or cosmetic issues can push depreciation higher.
Model year, trim and condition
Model year and trim level influence depreciation because newer features, redesigns, or premium options can affect resale value. Higher trims with popular options tend to hold value a bit better than base models, all else equal.
- Newer model years generally depreciate a bit less in the first year but still follow the overall curve
- Higher trims (e.g., XLE, XSE) often command stronger resale than base trims
In practice, the specific combination of year, trim, and condition will shape the actual resale value more than any single factor.
Mileage and maintenance impact
Mileage is one of the largest drivers of depreciation. Cars with lower annual miles and comprehensive maintenance histories tend to preserve value better than high-mileage examples with gaps in service.
- Low mileage (<12,000 miles per year) often yields lower depreciation
- Average mileage (~12,000–15,000 miles per year) is typical and predictable
- Very high mileage (>15,000 miles per year) accelerates depreciation
Regular, documented maintenance and a clean Carfax/vehicle history can also cushion depreciation compared with similarly aged peers with gaps or accidents.
Regional variations and market dynamics
Used-car prices can differ by region due to demand, climate, and local competition. In markets with high demand for reliable sedans, Camrys may hold value slightly better; in regions with softer demand or harsher driving conditions, depreciation may be steeper.
- Urban markets with strong lease returns often show higher retained value
- Regions with harsher winters or salty roads may see accelerated wear-related depreciation
When evaluating a specific Camry, checking local listings and valuation tools for your area provides a clearer picture than national averages alone.
Example: what this means in dollars
Suppose a Camry has an original price (MSRP) around $30,000. Based on typical depreciation ranges, a five-year-old example might be valued roughly in the $16,500 to $19,500 range, depending on mileage, condition, and trim. A seven-year-old Camry could fall into the $12,000 to $16,000 band under similar conditions. These figures illustrate the principle, but real-world prices will vary by location and vehicle history.
Summary
The Toyota Camry tends to depreciate at a rate that is favorable relative to many peers, thanks to reliability and broad demand in the used-car market. While a rough expectation is about 40%–50% depreciation over the first five years, actual numbers depend on year, trim, mileage, condition, and regional market forces. Prospective buyers and sellers should consult multiple valuation sources and compare similar models in their area to determine a precise, up-to-date estimate.
