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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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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The accelerator cable housing on some Toyota-built passenger cars may get distorted where the cruise control actuator connects to the throttle body. The throttle may return to idle or stay in its most recent setting regardless of how the accelerator pedal is used if the accelerator inner-cable continues to deteriorate and eventually breaks. This might make crashes more likely.
The accelerator cable will be changed by dealers. According to the manufacturer, owner notification was scheduled to start in February 2001. Owners should call Toyota at 1-800-331-4331 if they do not get the free solution within a reasonable amount of time.
The front sub frame component on several light trucks and passenger cars was not properly welded. The assembly could fail as a result of this issue, raising the possibility of a crash.
Dealers will check the front sub frame and, if necessary, replace it. According to the manufacturer, owner notification would start in April 2001. Owners should call Toyota at 1-800-331-4331 if they do not get the free solution within a reasonable amount of time.
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.
You can always be sure that you got the greatest value possible since CoPilot scans your neighborhood and notifies you if there is a better deal on a comparable vehicle nearby. The best approach to purchase a car is through the CoPilot app.
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.
Which Camry year is the most dependable?
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.
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.
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.
Which automobile may be sold for the most money?
The Top 10 Sedans for Resale Value
- After 36 months, Subaru Impreza has 54.9%.
- After 36 months, the Honda Civic was 49.4%.
- 36-month Nissan Maxima 42.8%.
- After 36 months, Subaru WRX55.2%.
- After 36 months, the Honda Accord Hybrid was 42.7%.
- After 36 months, the Toyota Yaris iA39.0%.
- Subaru Legacy after 3 years: 47.6%
Is there a timing belt or chain on a 2001 Camry?
All Toyota Camry V6 models used a timing chain and interference engine from 2007 to 2021. Between 1990 and 2006, non-interference engines and timing belts were standard on V6 Camrys.
All 4 cylinder Toyota Camry models used timing chain and interference engines from 2002 to 2021. Timing belts and non-interference engines were standard on the four-cylinder Camrys from 1990 to 2001.
In contrast to the 2006 Toyota Camry 3.0L V6 190 hp (1MZ-FE) option, the 2021 Toyota Camry 2.5L 4 Cyl. 206 hp (A25A-FKS) option includes a timing chain.
Is the Toyota 2.2 a reliable motor?
The standard 2.2-liter 4-cylinder DOHC 5S-FE engine produces 136 horsepower and is straightforward and simple to maintain. 2.2-liter 5S-FE Toyota Camry engine. The 3.0 liter 1MZ-FE V6 with 194 horsepower is smooth and powerful. With routine maintenance, you shouldn’t have many issues with either engine because they are both extremely good, dependable engines.
When was the Camry 2.2 produced?
From 1997 to 2002, this Toyota Camry 2.2 was manufactured. It is a big 4-door front-engine, front-wheel-drive saloon with five seats. The 2.2 Litre 16v Inline 4 Petrol engine in this Camry 2.2 accelerates it to 62 mph in 10.4 seconds and on to a top speed of 124 mph with 129 BHP. With a curb weight of 1460 kg, it gets an average fuel economy of 31.7 mpg and has a range of 488 kilometers before needing to refuel. It has a choice of a 4 speed automatic transmission or a 5 speed manual gearbox. There is 518 liters of luggage space and a 400 kg payload limit. modified on November 22, 2018.
How powerful is the engine in a 2001 Toyota Camry?
A 2.2-liter four-cylinder engine with 136 horsepower is the standard. The 3.0 liter V6 in the LE and XLE models has a 194 horsepower output. The LE and XLE models have a lot of standard features, but the CE is more affordable and still provides a ton of comfort, convenience, and performance.