Depreciation
The depreciation graph and accompanying table on our page detail how the 2020 TOYOTA CAMRY's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2020 TOYOTA CAMRY in 2020 was $27,765.
The average price for used 2020 TOYOTA CAMRY nowadays in 2024 is $22,910 which is 83% from the original price.
Estimated mileage driven per year is 9,684 miles.
The graph below is a depreciation curve for 2020 TOYOTA CAMRY. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2020 TOYOTA CAMRY in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2020 MSRP | 0 mi | $27,765 | — | — | 100% | 0% |
| 2020 | 9,684 mi | $28,990 | −$1,225 | −4.41% | 104.41% | -4.41% |
| 2021 | 19,368 mi | $25,949 | +$3,041 | +10.49% | 93.46% | 6.54% |
| 2022 | 29,052 mi | $24,900 | +$1,049 | +4.04% | 89.68% | 10.32% |
| 2023 | 38,736 mi | $23,726 | +$1,174 | +4.71% | 85.45% | 14.55% |
| 2024 | 48,420 mi | $22,910 | +$816 | +3.44% | 82.51% | 17.49% |
| 2025 | 58,104 mi | $21,380 | +$1,530 | +6.68% | 77% | 23% |
| 2026 | 67,788 mi | $19,988 | +$1,392 | +6.51% | 71.99% | 28.01% |
| 2027 | 77,472 mi | $16,999 | +$2,989 | +14.95% | 61.22% | 38.78% |
| 2028 | 87,156 mi | $15,991 | +$1,008 | +5.93% | 57.59% | 42.41% |
| 2029 | 96,840 mi | $14,999 | +$992 | +6.2% | 54.02% | 45.98% |
| 2030 | 106,524 mi | $13,988 | +$1,011 | +6.74% | 50.38% | 49.62% |
| 2031 | 116,208 mi | $12,987 | +$1,001 | +7.16% | 46.77% | 53.23% |
| 2032 | 125,892 mi | $11,987 | +$1,000 | +7.7% | 43.17% | 56.83% |
| 2033 | 135,576 mi | $9,452 | +$2,535 | +21.15% | 34.04% | 65.96% |
| 2034 | 145,260 mi | $8,995 | +$457 | +4.83% | 32.4% | 67.6% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA CAMRY’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2020 TOYOTA CAMRY. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2020 TOYOTA CAMRY by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $25,271 | 44 sales |
| 10,000 mi | $24,983 | 98 sales |
| 15,000 mi | $24,998 | 159 sales |
| 20,000 mi | $24,822 | 251 sales |
| 25,000 mi | $24,272 | 328 sales |
| 30,000 mi | $23,995 | 405 sales |
| 35,000 mi | $23,998 | 443 sales |
| 40,000 mi | $23,699 | 439 sales |
| 45,000 mi | $23,000 | 388 sales |
| 50,000 mi | $22,998 | 344 sales |
| 55,000 mi | $22,997 | 350 sales |
| 60,000 mi | $21,995 | 323 sales |
| 65,000 mi | $21,998 | 269 sales |
| 70,000 mi | $21,584 | 258 sales |
| 75,000 mi | $20,895 | 225 sales |
| 80,000 mi | $20,594 | 173 sales |
| 85,000 mi | $19,995 | 162 sales |
| 90,000 mi | $19,594 | 114 sales |
| 95,000 mi | $19,711 | 127 sales |
| 100,000 mi | $18,995 | 94 sales |
| 105,000 mi | $19,240 | 55 sales |
| 110,000 mi | $17,999 | 57 sales |
| 115,000 mi | $18,500 | 35 sales |
| 120,000 mi | $16,995 | 33 sales |
| 125,000 mi | $17,000 | 18 sales |
| 130,000 mi | $17,894 | 17 sales |
| 135,000 mi | $16,299 | 11 sales |
| 140,000 mi | $16,127 | 10 sales |
| 145,000 mi | $16,900 | 13 sales |
Frequently asked questions
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Proper maintenance and good condition can slow the depreciation of a 2020 TOYOTA CAMRY by making it more attractive to potential buyers, thereby preserving more of its value.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Other years of TOYOTA CAMRY
1998 TOYOTA CAMRY
$3,900 average used price
4,200+ sales records
2003 TOYOTA CAMRY
$5,990 average used price
16,700+ sales records
2007 TOYOTA CAMRY
$7,500 average used price
51,500+ sales records
2015 TOYOTA CAMRY
$14,999 average used price
98,300+ sales records
2016 TOYOTA CAMRY
$15,991 average used price
116,100+ sales records
2021 TOYOTA CAMRY
$23,726 average used price
185,400+ sales records
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2020 TOYOTA CAMRY on BADVIN
