What is the resale value of a Toyota Camry?
The Toyota Camry is one of the most popular and reliable mid-size sedans on the market, known for its excellent resale value. According to industry experts, a well-maintained Toyota Camry can retain a significant portion of its original value even after several years of ownership.
Factors Affecting Camry's Resale Value
The resale value of a Toyota Camry is influenced by several factors, including:
- Mileage: Vehicles with lower mileage tend to have higher resale values, as they are perceived to have less wear and tear.
- Condition: Camrys that have been well-maintained and have a clean, accident-free history will command higher prices on the used car market.
- Trim Level: Higher-end Camry trims, such as the XLE or XSE, typically have better resale values than the base L or LE models.
- Year of Manufacture: Newer Camry models generally have higher resale values than older ones, as they are more desirable and feature the latest technology and design.
These factors, combined with the Camry's reputation for reliability and durability, contribute to its strong resale value in the used car market.
Typical Resale Values for a Toyota Camry
According to industry data, a Toyota Camry can retain the following percentages of its original value after various ownership periods:
- 1 year: 80-85% of original value
- 3 years: 65-70% of original value
- 5 years: 50-55% of original value
These figures can vary depending on the specific model year, trim level, and condition of the vehicle, but they provide a general idea of the Camry's strong resale performance compared to other mid-size sedans.
Maximizing Camry's Resale Value
To maximize the resale value of a Toyota Camry, owners should:
- Maintain the vehicle according to the manufacturer's recommended service schedule
- Avoid accidents and keep the vehicle in good cosmetic condition
- Consider higher-end trim levels, as they tend to hold their value better
- Sell the Camry at the optimal time, typically around the 3-5 year mark, to take advantage of its strong resale value
By following these tips, Camry owners can ensure that they get the best possible return on their investment when it's time to sell or trade in their vehicle.
How many miles is too many for a used Toyota Camry?
It's predicted to last 200,000-300,000 miles, so anything over 100,000 miles is okay. Once you hit the 200,000s with a used car, it's time to be careful. Consider looking for a used Toyota Camry in the low 100,000 miles rather than the high version to get the most bang for your buck.
How much should a used Toyota Camry cost?
Toyota Camry Listings by Year
| Vehicle | Price From | Excellent Price |
|---|---|---|
| 2022 Toyota Camry | $13,900 | 284 listings |
| 2021 Toyota Camry | $10,997 | 208 listings |
| 2020 Toyota Camry | $12,938 | 134 listings |
| 2019 Toyota Camry | $10,900 | 134 listings |
Does Toyota have high resale value?
Toyota has topped Kelley Blue Book's Best Resale Value list eight times since 2014, including the last four consecutive years. Lexus has won the group's award for luxury cars five times. Lexus also topped the luxury category for JD Power's residual awards list. Honda took the mainstream category.
What mileage is too high for a Toyota Camry?
What Is High Mileage For the Toyota Camry? If taken care of well, anything that makes it over 200,000 is considered high mileage for a Toyota Camry. Once it reaches this point, it may run into more serious troubles if you haven't performed proper maintenance. If you have, it may last even longer.
What age group buys Toyota Camry?
“The average age of the previous-generation [2012-17 model] Camry buyer was 52,” says Corey Proffitt, Toyota communications manager on the East Coast. With the new car? “We're aiming for the core target audience with a range of age from 25 to 45.”
How much can you sell a Toyota Camry for?
2023 Toyota Camry trade-in prices range from $19,175 - $31,716.
What is the best year of a Toyota Camry to buy used?
The Best Year Toyota Camry To Buy
- Most Affordable Used Camry (5th Generation – 2002-2006)
- Most Versatile Used Camry (6th Generation – 2007-2011)
- Most Tech-Focused Used Camry (7th Generation – 2012-2014)
- Most Dynamic Used Camry (7th Generation – 2015-2017)
What is the fair market value of a Toyota Camry?
2022 Toyota Camry Value - $18,028-$32,001 | Edmunds.
Does the Toyota Camry have good resale value?
Whether you're planning to keep your vehicle for a few years or a decade, the Toyota Camry's substantial resale value ensures you get the most out of your investment. Thanks to the impressive fuel efficiency of a Toyota Camry, you can save fuel by selecting this bestselling sedan as your new ride.
Which Toyota models have the best resale value?
The high resale value of the Tacoma, Tundra, and 4Runner emphasizes their durability and longevity, so you know you can count on your new-to-you auto for years to come.
