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.
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What was the price of a Toyota Camry in 2008?
The Manufacturer’s Suggested Retail Price (MSRP) for the 2008 Toyota Camry starts at slightly over $19,000 and includes destination, a four-cylinder engine, and a five-speed manual transmission. The XLE V6 starts at close to $29,000, while the sporty SE is priced about $22,000. The Hybrid has a $26,000 starting price.
A Toyota Camry will depreciate 24% after 5 years and have a 5 year resale value of $26,474.
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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Are Toyota Camrys from 2008 any good?
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.
What year of the Camry should you avoid purchasing?
The Camry has experienced some difficult times, from engine flaws to recalls that caused owners and manufacturers alike much stress. The years you should avoid and the explanations for why are coming up.
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Toyota Camry
Simply because it has the most issues, the 2007 model is at the top of the list of Toyota Camry years to stay away from. RepairPal lists problems with the automatic transmission as one of the most common complaints. The problem starts when the transmission lags when attempting to accelerate; this can cause it to heat up and may necessitate replacement before owners would want.
The 2007 Camry also has issues with a malfunctioning check engine light, missed shifts, and power steering issues. Even though the complaints are not as severe as those for other models, prospective buyers should nevertheless be aware of them.
Toyota Camry
Although there were significantly fewer complaints, the 2008 Camry didn’t show much improvement. Similar gearbox problems were reported by drivers, who also observed that the check engine light frequently created issues. After the car had traveled 100,000 miles, the ignition coil would start to break, which was one of the more noticeable problems with the 2008 model.
Toyota Camry
The 2009 model continued to have transmission and check engine light issues despite a number of concerns being documented throughout the years. Another minor issue with the 2009 model was the accumulation of muck near the engine, which was caused directly by using the same oil.
Are Camrys still worth anything?
Honda Accord Best of all, according to Kelley Blue Book, the Camry outperforms Honda’s well-liked Accord in terms of midsize sedans that retain value, keeping almost 37% of its initial worth over a five-year period.
A 2008 Toyota Camry has what kind of an engine?
In addition to a 3.5-liter V6 with 268 horsepower and 248 pound-feet of torque, the 2008 Camry offers a 2.4-liter inline four with 158 horsepower and 161 pound-feet of torque. According to reviews, the base engine is adequate for the majority of drivers, but the V6 is suitable for giving a few thrills.
Which automobile has the most value?
The Top 10 Sedans for Resale Value
- Subaru Impreza after 36 months: 54.9 percent.
- Honda Civic after 36 months, 49.4%.
- Nissan Maxima after 36 months, 42.8%.
- WRX55.2 percent for Subaru after 36 months.
- Honda Accord Hybrid after 36 months: 42,7%.
- After 36 months, the Toyota Yaris iA39.0 percent.
- Subaru Legacy after 36 months: 47.6%
What are the 2008 Toyota Camry’s usual issues?
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.
How many miles are there in a Camry?
You might also be curious about the Toyota Camry’s mileage capacity. According to a Consumer Reports survey, the Toyota Camry can travel more than 200,000 miles with proper maintenance. The survey looked at reliability, road-test results, and other assessments in addition to years of analysis.