Toyota Camry Depreciation

A Toyota Camry will depreciate 49% after 5 years and have a 5 year resale value of $14,236.

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 13,500 miles per year. It also assumes a selling price of $28,090 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.

Toyota Camry Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,011 82.16% $23,079 13,500 2021
2 $7,199 74.37% $20,891 27,000 2022
3 $9,848 64.94% $18,242 40,500 2023
4 $12,587 55.19% $15,503 54,000 2024
5 $13,854 50.68% $14,236 67,500 2025
6 $15,441 45.03% $12,649 81,000 2026
7 $16,458 41.41% $11,632 94,500 2027
8 $17,188 38.81% $10,902 108,000 2028
9 $19,169 31.76% $8,921 121,500 2029
10 $19,641 30.08% $8,449 135,000 2030

Toyota Camry Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,011 82.16% $23,079
2 $7,199 74.37% $20,891
3 $9,848 64.94% $18,242
4 $12,587 55.19% $15,503
5 $13,854 50.68% $14,236
6 $15,441 45.03% $12,649
7 $16,458 41.41% $11,632
8 $17,188 38.81% $10,902
9 $19,169 31.76% $8,921
10 $19,641 30.08% $8,449

Toyota Camry Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Toyota Camry that is 2 years old, then you could save $7,199 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $6,655. 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.

The Best Model Years to Buy a Toyota Camry

The 2016 Toyota Camry is our top pick for the best model year value for the Camry. With the 2016, you would only pay, on average, 55% of the price as new, with 67% of the vehicle's useful life remaining. The 2017 and 2019 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
2020 $28,090 $28,090 $163 $0 0% 100%
2019 $28,008 $23,196 $184 $4,894 17.42% 82.16% Better
2018 $27,937 $21,001 $224 $2,195 9.46% 74.37% Good
2017 $26,024 $17,186 $286 $3,815 18.17% 64.94% Better
2016 $26,024 $14,688 $326 $2,498 14.54% 55.19% Best
2015 $25,976 $13,572 $407 $1,116 7.6% 50.68% Good
2014 $25,307 $11,953 $556 $1,619 11.93% 45.03%
2013 $25,192 $11,057 $626 $896 7.5% 41.41%
2012 $24,939 $10,351 $673 $706 6.39% 38.81%
2011 $24,021 $8,395 $766 $1,956 18.9% 31.76%
2010 $23,129 $7,743 $786 $652 7.77% 30.08%
2009 $22,843 $7,167 $898 $576 7.44% 27.44%
2008 $22,177 $6,699 $1,056 $468 6.53% 25.45%
Year Price % Paid Value Rank
2020 $28,090 100%
2019 $23,196 82.16% Better
2018 $21,001 74.37% Good
2017 $17,186 64.94% Better
2016 $14,688 55.19% Best
2015 $13,572 50.68% Good
2014 $11,953 45.03%
2013 $11,057 41.41%
2012 $10,351 38.81%
2011 $8,395 31.76%
2010 $7,743 30.08%
2009 $7,167 27.44%
2008 $6,699 25.45%

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: