The Toyota Camry, which has consistently been among the best-selling vehicles in the nation, depreciates about in the center of the pack. They are sturdy and dependable, but since there are so many of them available, prices are kept low. As a result of their popularity with rental companies, there is a good likelihood that if you purchase a used Camry, it was auctioned off when the rental company returned it. Although this isn’t always a bad thing, ask your salesman about the history of the rental automobile you’re interested in. Rental cars can be driven rough and even be damaged.
The anticipated depreciation over the following ten years is shown in the figure below. These outcomes apply to cars that travel 12,000 miles annually on average and are in good condition. It also counts on a $34,935 initial selling price. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. We can estimate the Toyota Camry’s projected resale value using our depreciation calculator.
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What is the maximum mileage for a 2008 Toyota Camry?
One of the most popular midsize cars on the market, the Toyota Camry is known for its longevity. With regular maintenance, you can expect to get between 200,000 and 300,000 miles out of your Camry.
What issues can you find with a 2008 Toyota Camry?
Compared to other midsize automobiles on the market, the 2008 Toyota Camry receives an average amount of owner complaints. The significant upgrades for the 2010 model year make the $2,000 premium worthwhile.
The most typical owner complaint is excessive oil usage. The 2008 Camry uses considerably more oil than Toyota engines do generally, compared to other models. Some owners spend more than $2,000 to repair the pistons and rings, which fixes the issue. In other circumstances, checking the oil frequently to make sure the engine is full is the recommended course of action.
Another issue that owners deal with is melted dashboards. The leather and plastic parts deteriorate in hot temperatures, melting the dash. The issue can be fixed in one of two ways: by replacing the dash, which would cost around $1,000, or by putting a dash cover, which will cost less than $100.
Another typical problem is with the transmission, which can include a hard downshift. To address widespread transmission faults from the 2007 model, Toyota made modifications for the 2008 model year, however certain problems persist. If the shifting is extreme, replacing the shift solenoid for about $250 usually solves the issue.
It has more recalls than some other vehicles from the same year with 8, at 8. Floor mats, accelerator pedals, load carrying labels, power window master switches, and seat heater wiring are among the items being recalled. The most serious problems are with the accelerator pedal, which can lead to unexpected acceleration.
Are 2008 Camrys trustworthy?
Toyota Camry Warranty for 2008 In Consumer Reports’ annual reliability poll, Toyota dropped from first to fifth, and the V6 Camry in particular was given a “Below Average” rating.
Which mid-size automobile retains its worth the best?
Honda automobiles have excellent quality and dependability, which means they are less prone to depreciation than some other models. Those looking to purchase a used Honda may be sure that whatever vehicle they choose will continue to run for a very long time. Hondas are likely to remain popular even as consumer preferences shift because the brand offers a wide variety of cars and SUVs. Many drivers automatically choose certain of those models, such as the Civic, Accord, Odyssey, or Pilot, only based on brand recognition. They are often pleasant to drive. All of this aids Honda in maintaining a 52.5% value across its lineup. That is, however, the least of all the automakers on this list.
We’ve all witnessed the dependability of Chevrolet cars and trucksjust think of the used SUV, sedan, or truck you’ve seen on the road. Whether they are ferrying the family around or working hard on a jobsite, these cars continue to run smoothly after years of service. Within their respective segments, Chevrolets like the Silverado, Malibu, or Traverse are well-liked vehicles. The Camaro and Corvette are more examples of American performance icons. These have a definite appeal as collectibles and resist devaluation as a result. They have an impact on the 52.5 percent value retention of Chevrolets over that time.
What year makes the Toyota Camry the best?
Consumer Reports gave the seventh generation Camry’s full production a perfect dependability grade. The most dependable and reasonably priced used Camry sedans can be found in this area. In particular, the 2015 Toyota Camry is inexpensive. These versions are among the top used Camrys, according to Consumer Reports. The Camry is currently in its best generation to date during this run of model years.
How durable are Camry transmissions?
The Toyota is absurdly inexpensive to operate, with an annual maintenance cost of of $388.
The Toyota Camry actually has the lowest maintenance costs of any midsize car.
Only roughly 11% of the Toyota Camry’s problems turn out to be severe, according to RepairPal (the average is 12%).
The Camry’s lower-than-average rate of severe repairs is a good thing because severe repairs cost three times as much as the average.
The cost of some typical Toyota Camry repairs is listed below:
- Replace a blown motor for $265 to $278.
- Replacement of the clutch slave cylinder: $126-$186
- Replacement of the ignition lock cylinder: $288355
- Replacement of the timing chain tensioner: $980 to $1,225
- Replacement of the headlamp control module: $587-$599
How Long Does the Brakes Last?
The lifespan of the braking rotors and pads can range from 30,000 to 70,000 kilometers.
The brakes will age more quickly if you brake frequently, as in stop-and-go traffic.
How Long Do the Tires Last?
With the right care, the tires on your Toyota Camry can last up to 60,000 miles.
The life of your tires will be extended and uneven wear will be reduced with routine wheel alignment and tire rotation.
How Long Do the Spark Plugs Last?
According to studies, a Toyota Camry’s spark plugs should last 70,000 to 100,000 kilometers.
However, they may wear out too soon due to factors like often stopping and starting your car.
Which vehicle’s engine lasts the longest?
The Small Block V8 made its debut as a 4.7-liter in the 1955 Chevrolet Corvette (’58 model shown) and the significantly bigger Bel Air saloon. Thereafter, it was employed in many GM automobiles and trucks. Similar to the Ford Windsor, it is currently only available from GM as a “crate” engine that may be purchased to maintain an older vehicle. It is estimated that well over 100 million were produced overall.
Is a secondhand 2008 Toyota Camry a nice car?
Edwards claims The 2008 Toyota Camry is comfortable to drive and has enough space to keep a family of four happy wherever their travels take them, just like practically every Camry before it. However, rival sedans outperform this class titan in terms of overall performance and cabin refinement, despite the fact that it is still a good option.
A CVT transmission is there in a 2008 Camry?
On the XLE, an automatic is standard. The Camry Hybrid ($25,200) has a four-cylinder engine with 147 horsepower that is coupled to a continuously variable (CVT) automatic transmission and a 40-horsepower electric motor.
Do 2008 Camry side airbags exist?
A full complement of airbags, including dual-stage front impact airbags, a driver’s knee airbag, upper body-protecting side-impact airbags for front passengers, and head-protecting side air curtains for the front and rear seats, are standard safety equipment on all Camry models.
What year Camry has issues with its engines?
Everyone agrees that the 2007 Toyota Camry is one of the worst makes to buy.
This car has a “known engine issue,” according to Torque News, who advises against buying it. The serious issue of excessive oil consumption can result in engine failure.
Even though Toyota and other mechanics assert that burning oil is not a problem, the situation is more complicated, and the 2007 model year is infamous for its persistent issues.
The most typical issue is high oil consumption, which first manifests itself around 97,500 miles. The average cost of repairs for a used 2007 Toyota Camry is $2,420, so it is not worthwhile to purchase one.
Why is the Toyota Camry flawed?
The 2018 and 2019 Toyota Camry encountered some reliability issues after a protracted period of outstanding dependability. Similar to the models above, these midsize vehicles continue to have rather high reliability ratings for older vehicles. Nevertheless, they fall short of the standards we would expect from Toyota, one of the most dependable automakers. The unstable 2018 and 2019 Camry has the most trouble with the fuel system, the brakes, and the in-car technology.
Which Camry SE or LE is superior?
The 2020 Camry LE and SE differ from one another despite having a number of similar features. For help selecting the Toyota Camry trim that’s best for you, look over some of these essential differences below.
- The 2020 Camry SE improves on the inside with Sport SofTex-trimmed front seats, fabric inserts, embossed mesh trim, and a 4.2-inch TFT multi-information display, while the LE has fabric-trimmed seats with layered wood trim.
- The SE grade level of the 2020 Camry lacks a leather-trimmed steering wheel with paddle shifters and mounted controls.
- When you select the new Camry SE with single-zone automatic climate control, you can stay calm and collected without giving it a second thought. Only manual air conditioning is available in the LE trim.
- Only the 2020 SE is equipped with 18-inch black machined-finish alloy wheels, a black front grille with sport mesh insert, color-keyed sport side rocker panels and a rear spoiler, and a single exhaust with dual chrome tips. The Toyota Camry LE offers 17-inch alloy wheels and a Dark Gray front grille.
Which vehicle is superior, the Honda Accord or the Toyota Camry?
The Honda Accord starts out with a number of advantages over the Toyota Camry, its main rival. The Accord outperforms the Camry in terms of power across both of its available engines. The Accord has greater passenger and cargo space than the Camry, making it the better option for those looking for a spacious interior.
Which Toyota is the most valuable?
One of the many reasons Toyota vehicles retain their value for such a long time is their reputation for dependability. Check out these highly coveted Toyota models that have won awards!
Toyota 4Runner
Purchasing a car is one of the biggest expenditures you’ll ever make, so you obviously want to get one that will retain its worth properly. Since Toyota received one of Kelley Blue Book’s two 2018 Best Brand Awards, you can have confidence in its resale value. When sold 36 months after purchase, the 2018 Toyota Tacoma has the best resale value, with an almost astounding 69.6% value. It comes as no surprise that this model has the highest resale value given its versatility and effectiveness. The 4Runner and Tundra also reached the top 10 list because to outstanding resale value, even after 60 months. So, if you’re looking for a car that will hold its value, think about buying one of these three Toyota models.