The Toyota Camry has earned a status for being comfortable, protected, and reliable. Meanwhile, Toyota itself dominates the charts of the slowest-depreciating cars available on the market. But how does the Camry fare in that field?
We’re the 2020 model, which belonged to the previous generation before the present one was introduced in 2024. CarEdge has estimated that the 2020 Camry has retained around 64% of its value, predicting a price of around $20,000 for a used automotive — assuming it was around $31,000 when recent. The worth, after all, is dependent upon the trim, miles run, and condition of the vehicle. CarMax arrived at a mean price of around $18,600 for a 2020 Camry. This relies off of a median across all offers made for that model yr. It must be added, nonetheless, that the CarMax value takes all trims of the 2020 Camry into consideration.
Kelly Blue Book has estimated that the SE trim, which was around $27,000 at the moment, could sell for around $16,000, which suggests it has retained 60% of its value. The sporty TRD trim, which featured a V6 engine, is estimated at around $23,000, retaining 66% of its original value. On top of the TRD’s enthusiast-focused styling, the next-gen Camry not offers a V6 option, possibly allowing this trim to maintain its value greater than the others.
How much have the Toyota Camry’s competitors depreciated?
In 2020, the Camry was the king of the midsize sedan market, selling nearly 300,000 units. This put it far ahead of rivals just like the Honda Accord, which was just shy of 200,000, and the Nissan Altima, which brought in around 138,000 sales. In a sea of SUVs and pickups, the Camry flew the sedan flag, coming in at #6 for many cars sold for the yr. It even outsold smaller sedans just like the Honda Civic and the Toyota Corolla.
Very like the Camry, the Accord has long been known for its reliability while also delivering a touch of sportiness. We also praised it when rating the assorted Accord generations because of its styling, performance, and dependability. The Accord has depreciated similarly to the Camry, with estimates also putting its value at around 64%. The Altima, then again, has fared the worst among the many three, because it has retained just over 50%-53% of its value since 2020. Its most costly trim is simply expected to achieve a price of around $17,000. If depreciation is of concern to you, you are higher off sticking with the 2020 Camry or Accord.
This Article First Appeared At www.jalopnik.com

