2023 Toyota Camry

Value Summary

Sidekick estimates a 2023 Toyota Camry in good condition at $21,000 today. The original MSRP hit $26,300. You lose $5,300 total from new. That marks 20% depreciation so far. Over three years, it drops 7% per year on average.

Private sales beat dealer trade-ins. Dealers cut prices for fixes and profit. Clean cars with full service records and low miles hit the high end.

Depreciation Curve

This table shows today's value and a year-by-year outlook. Sidekick projects a steady drop that slows after year one.

These numbers assume 12,000 miles per year, no big wrecks, and solid upkeep. High miles or damage cut values. Low miles, one owner, and full records raise them.

Value Factors

The Camry earns praise for reliability and cheap ownership. High demand slows value loss. Key drivers for a 2023 model include:

• Top reliability. Many Camrys top 150,000 miles on basic care.
• Cheap fixes. Parts cost little, and most shops handle them.
• Solid gas mileage. Buyers want it even on older cars.
• Broad appeal. Families, commuters, and fleets buy Camrys fast.
• Trim perks. Hot trims and extras sell better.
• AWD option. It boosts prices in snowy areas.
• V6 appeal. Toyota dropped the V6 later, so 2023 V6s stand out.

Miles and shape rule most. A clean stock Camry with records beats one with crashes or wear. White, gray, or black colors sell quickest to wide crowds.

Future Projections

Sidekick sees a slow drop from $21,000 now:

• 1 year: $19,000
• 3 years: $17,000
• 5 years: $15,000

Average miles and upkeep drive these. Low miles beat them. High miles hurt more. Older cars hinge on shape and history over small features.

Comparison

The 2023 Camry drops slower than most midsize sedans. The Honda Accord matches it closest. Hyundai Sonatas and Nissan Altimas fade faster used. Luxury sedans lose quicker from high upkeep and insurance.

Inside Camry ranks, SE, XLE, and XSE shine. They mix comfort and looks well. TRD and V6 models fetch extra from rare-buyer hunts.

Bottom Line

The 2023 Camry keeps value strong. It sits at $21,000 now from $26,300 MSRP, a 20% hit. Plan for $19,000 in one year and $17,000 in three. Aim at $15,000 in five.

Sell soon? List private, cap miles, show records for top dollar. Keep it? Reliability and low costs fight depreciation. This year beats most sedans on hold, speed off lots, and total own cost.