2020 TOYOTA CAMRY COST OF OWNERSHIP
Peace of mind comes standard with an active safety package that includes Pre-Collision System with Pedestrian Detection (PCS w/PD), Dynamic Radar Cruise Control (DRCC) and more to help you drive with confidence
If cars were paperweights, sticker price would fully determine your cost of ownership. While our vehicles are beautiful to behold, they are also highly practical machines designed to get you from point A to point Z in comfort and safety. In short, cars are meant to be driven. And that means true cost of ownership includes many less-than-obvious factors, such as estimated gas mileage, warranty coverage, anticipated resale value, and maintenance costs, among other factors.
All new cars lose about 20% of their initial value the moment you drive them off the lot. This is an inescapable fact of new vehicle ownership. The real differences between competing vehicles only become clear in subsequent years. Although initially steep, this depreciation slows dramatically, depending on the anticipated resale value of your vehicle several years down the line. Some vehicles retain value far better than others. Toyota vehicles have traditionally fared exceptionally well in the resale market. That’s because buyers recognize Toyota’s reputation for excellence and perennial value. As a consistent top seller, Camry provides excellent resale value, and relatively low costs of ownership and operation.
In fact, despite a slightly higher initial sticker price, compared to certain close competitors’ comparable vehicles, Camry costs less in the long run to own and operate.