2022 Toyota Camry Depreciation Analysis

The **2022 Toyota Camry** has depreciated significantly since its release, with current fair purchase prices ranging from $19,600 for the LE trim to $29,400 for the TRD, compared to original MSRPs of $26,840-$33,905. This represents an average total depreciation of about 27% over approximately 4 years as of 2026.

Value Summary

The 2022 Toyota Camry's original MSRP ranged from $26,320 for the base LE (including destination) to $36,745 for higher trims like XSE V6, with Kelley Blue Book (KBB) listing starting MSRPs at $26,840 for LE up to $33,905 for TRD. Today, fair purchase prices average 25-30% below original MSRP, e.g., LE at $19,600 (27% loss from $26,840), SE at $21,000 (26% from $28,380), and TRD at $29,400 (13% from $33,905).

This equates to a total depreciation of roughly $5,500-$7,240 per vehicle for base/mid trims. The average annual depreciation rate is approximately 7-8% per year, slower than the midsize sedan segment average of 10-15% annually due to Toyota's strong reliability reputation.

Depreciation Curve Analysis

The **steepest depreciation** for the 2022 Camry occurs in the first two years, typical for new vehicles, with 20-25% value loss from MSRP. By year 3 (2025), values stabilize around 75-80% retention for base trims.

Compared to segment average (e.g., Honda Accord or Nissan Altima, which lose 35-40% in 3 years), the Camry retains 5-10% more value annually, thanks to high demand and low ownership costs.

Value Retention Factors

The Camry excels in **value retention** due to:

• Toyota Reliability: Proven engines (2.5L 4-cyl or V6) and hybrid options with excellent fuel economy (up to 52 mpg est. in newer models, 29/39 mpg observed).
• High Market Demand: Family-friendly midsize sedan with standard safety features; remains compelling despite SUV shift.
• Mileage Impact: Values drop ~10% per 10,000 miles over average (12k/year); low-mileage examples retain 5-10% more.
• Condition Impact: Excellent condition adds $1,000-2,000; accidents or poor maintenance subtract 15-20%.
• Other Factors: TRD/XSE trims depreciate slower (13% vs. 27% for LE); hybrids hold better long-term.

Negatives include divisive styling and less refinement vs. premium rivals, but overall demand remains high.

Future Value Projections

Assuming average mileage/condition, projections based on current curve and segment trends:

• 1-Year (2027): $18,500-$28,000 (5% further drop).
• 3-Year (2029): $16,800-$25,500 (14% total from now).
• 5-Year (2031): $14,500-$22,000 (26% total from now).

Best time to sell: Now or within next 12 months, before hitting 5+ years/60k+ miles when depreciation accelerates slightly due to age.

Comparison to Competitors

The Camry outperforms competitors in retention, making it a top choice for value-conscious buyers. For even better retention, consider **Toyota Camry Hybrid** (loses ~20% in 4 years) or SUVs like RAV4.

This analysis uses KBB data and market trends; actual values vary by location, mileage, and condition. Consult local listings for precision.