What is the resale value of a Toyota Camry?
The Toyota Camry has long been a favorite among car buyers for its reliability, comfort, and fuel efficiency. As a seasoned auto service owner, I often get asked about the resale value of this popular sedan. Understanding the factors that influence the resale value can help you make informed decisions whether you're buying or selling a Camry.
Factors Influencing Resale Value
The resale value of a Toyota Camry can vary significantly based on several key factors:
- Model Year: Newer models typically have higher resale values due to updated features and technology.
- Mileage: Lower mileage generally increases a vehicle's resale value, as it suggests less wear and tear.
- Condition: A well-maintained Camry with no accidents will fetch a better price than one with visible damage or mechanical issues.
- Trim Level: Higher trim levels with more features tend to have better resale values compared to base models.
- Market Demand: The popularity of the Camry in your local market can affect its resale value. In areas where sedans are in high demand, you may see better prices.
Current Resale Value Trends
As of 2025, the resale value of a Toyota Camry typically ranges from $20,000 to $30,000, depending on the factors mentioned above. For example:
- A 2021 Toyota Camry with low mileage and in excellent condition might sell for around $25,000.
- Conversely, a 2018 model with higher mileage and some cosmetic wear could be valued closer to $18,000.
Tips for Maximizing Resale Value
If you're looking to sell your Toyota Camry, consider these tips to maximize its resale value:
- Regular Maintenance: Keep up with routine maintenance and repairs to ensure your vehicle remains in top condition.
- Document Service History: Maintain records of all services performed, as this can reassure potential buyers about the car's reliability.
- Clean and Detail: A clean, well-presented car can make a significant difference in attracting buyers and achieving a higher price.
- Timing the Sale: Consider selling during peak seasons, such as spring or summer, when demand for used cars tends to be higher.
In conclusion, the Toyota Camry remains a strong contender in the used car market, thanks to its reputation for reliability and comfort. By understanding the factors that influence its resale value and taking steps to maintain your vehicle, you can ensure you get the best return on your investment.
Frequently Asked Questions
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 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)
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.
What is the fair market value of a Toyota Camry?
2022 Toyota Camry Value - $18,028-$32,001 | Edmunds.
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.
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.
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.
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 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 |
How much can you sell a Toyota Camry for?
2023 Toyota Camry trade-in prices range from $19,175 - $31,716.