Toyota Camry depreciation: when to buy & cost to own

Estimates as of June 2026.

The Toyota Camry (Car, ~$28,000 new) loses about 41% of its value in five years — it holds value better than the 41.8% market average. Buying at 3 years old and holding five costs about $1,152/yr in depreciation versus $2,296/yr buying new — you keep 49.8% more of your money.

Value by age

$0$15k$30kNew3y5y10y
AgeEst. valueTotal lost
New $28,000 0%
1 yr $22,960 18%
2 yr $20,816 25.7%
3 yr $19,160 31.6%
5 yr $16,520 41%
7 yr $14,364 48.7%
10 yr $11,635 58.4%

What will it cost you to own?

Buy price (est.)
$19,160
Resale (est.)
$13,400
Total depreciation
$5,760
Cost per year
$1,152
vs. buying new
$2,296/yr

Depreciation only — older cars cost more to maintain, so the practical sweet spot is ~3–5 years old. Figures are modeled estimates that vary by trim, condition, and market. How we estimate this →