How Much Is A 2016 Toyota Camry Worth

A used 2016 Camry should cost between $13,600 and $20,100. These numbers are based on 3,700 2016 Toyota Camry postings found on our website. The typical list cost is $16,300. Prices will change based on the location, features, mileage, and condition of the car.

What is the maximum mileage for a 2016 Toyota Camry?

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.

What is a Toyota Camry’s Kelley Blue Book value?

The manufacturer’s suggested retail price (MSRP) for the LE trim and front-wheel drive 2022 Camry is $25,395, including a destination fee. An additional $1,400 is charged for all-wheel drive. The XSE V6 model, which costs $35,720, is at the top of the line. The few viable options raise that to slightly over $37.5k.

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 there any 2016 Toyota Camry recalls?

Certain 2016 Avalon and Camry models built between November 30, 2015, and March 4, 2016, are being recalled by Toyota Motor Engineering & Manufacturing (Toyota). There may have been an issue with the calibration of the occupant classification system (OCS), which activates or deactivates the front passenger seat air bag system.

The 2016 Toyota Camry has what issues?

Compared to the 2015 model year, the 2016 Toyota Camry has less issues, but more than the 2017 version. Compared to other midsize automobiles on the market, it receives fewer complaints. The 2016 Camry issues are related to the recall of airbags, faulty power steering, and jerky acceleration.

The most frequent difficulties Camry customers report are transmission troubles, particularly gear slippage. Either the transmission control module or the gears are at fault. There is no single answer, and it differs depending on the situation.

Owners frequently complain about suspension issues, such as the car bottoming out when driving over bumps. It usually means that the shocks need to be replaced since they are worn out.

Although the Camry has few steering issues, customers do complain about them. Although alignment problems are frequently at blame, one owner mentioned losing control and driving in the wrong way.

What year of the Camry should you avoid purchasing?

You should avoid purchasing the secondhand Toyota Camry from the following three years. They are Camrys from the 200720082009 model years. You don’t want to own one of these cars since they have a known engine fault. Burning oil is one symptom of an engine problem. Although some automakers and mechanics will argue that a little oil burning is okay, this issue goes much farther and can result in engine failure.

This Toyota engine flaw is highlighted by CarComplaints in its Camry section. CarComplaints goes so far as to put its “Avoid Like the Plague” and “Beware of the Clunker” stamps of condemnation on these years.

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.

What is a Toyota’s book value?

For the three months that ended in March 2022, Toyota Motor’s book value per share was $160.64.

Toyota Motor’s average Book Value Per Share Growth Rate over the last 12 months was 13.80 percent annually.

The average Book Value Per Share Growth Rate over the last three years was 10.70 percent annually.

The average Book Value Per Share Growth Rate over the previous five years was 9.70 percent annually.

The average Book Value Per Share Growth Rate during the last ten years was 10.10 percent annually.

The highest three-year average book value per share growth rate for Toyota Motor over the past 13 years was 17.20 percent per year. The lowest annual percentage was -4.40 percent. The median annual growth rate was 6.50 percent.

The cost of Toyota Motor is $159.18 right now. For the three months that ended in March 2022, it had a book value per share of $160.64. As a result, Toyota Motor’s PB Ratio as of today is 0.99.

The highest P/B Ratio for Toyota Motor over the previous 13 years was 1.69. 0.76 was the lowest. The median was 1.09 as well.

What is the worth of the trade?

The trade-in value is more similar to the auction wholesale value, which is the price at which the vehicle would sell.

offered to merchants that show interest at an auction. However, if the car is a popular one, the dealer might provide extra.

inventory thing In this situation, a dealer may take into account the auction and transportation costs.

Are Toyota Camrys reliable vehicles?

Is the Toyota Camry a Reliable Vehicle? The Toyota Camry is a reliable vehicle, yes. Both the optional V6 and the standard four-cylinder engine have strong fuel economy figures. The Camry offers a smooth ride and is surprisingly fun to drive.

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%