2022 Toyota Camry Price: MSRP, Depreciation, & Trends
2022 Toyota Camry by Chanokchon - CC-BY-SA-4.0
The Toyota Camry is a mid-size vehicle selection from Toyota, offering an affordable sedan selection for four decades. It remains a popular choice despite the SUV and crossover craze. Plus, it seems like the ideal commuter car, but what kind of value will you find in the machine? Is the price paid for the car worth it at the end of the day? You might wonder - what is the 2022 Toyota Camry price? What trends should you consider?
If you’re interested in learning more about the prices associated with the 2022 Toyota Camry, you’re in the right place. The more you know about the machine, the easier it will be to determine if it’s right to buy or sell it for yourself. Read on to learn more about the MSRP of the machine, the price trends, and other valuable information associated with cost.
2022 Toyota Camry MSRP
It’s always a good idea to understand the price point associated with a vehicle to determine if it’s an affordable car for your life. This goes for the 2022 Toyota Camry price. When you put together every MSRP over all the years, you will get an average MSRP of $28,767.08. This price is one most people should be able to afford.
The trim you select will also indicate how much you will pay for your 2022 Toyota Camry. According to santacruztoyota.com, the lowest 2022 Toyota Camry trim costs $25,295, while the most expensive Toyota Camry XSE V6 is far more expensive at $35,720. The price varies widely depending on the features of the car.
Below is a quick breakdown of the 2022 Camry MSRP for each trim level:
- Camry LE: The base model typically starts in the mid-$25,000 range.
- Camry SE: Slightly sportier than the LE, the SE’s starting price was typically a bit higher, around the upper-$25,000s.
- Camry SE Nightshade Edition: This edition, with its unique styling features, started in the upper-$25,000s to low-$26,000s.
- Camry XLE: The more luxurious XLE trim generally began in the lower-$30,000s.
- Camry XSE: Similar in price to the XLE, the XSE, which focuses more on sporty aesthetics, also started in the lower-$30,000s.
- Camry TRD: This performance-oriented trim was typically priced in the mid-$30,000s.
- Camry XLE V6: Featuring a more powerful engine, this trim’s price began in the mid-$35,000s.
- Camry XSE V6: Also equipped with the V6 engine and sportier features, it was priced similarly to the XLE V6, in the mid-$35,000s.
Remember these prices were subject to change and could have been affected by market conditions, dealership location, and available inventory. For the most current and accurate pricing, it’s best to check with local Toyota dealerships or visit Toyota’s official website.
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MSRP is a critical item to ponder when determining if you can afford the vehicle or not. If you can’t take the highest price point for the Toyota Camry, sacrifice a few of the top-both features to access a more reasonable MSRP for your financial needs.
Why Is the Camry MSRP So Low?
The Toyota Camry is one of the more affordable cars on the market. It might seem strange that the car is so cheap, especially at a time when everything seems wildly expensive. There is a rationale behind this low price point.
Typically, the low cost appears in the Camry because there are:
- A lower demand for the vehicle
- Fewer materials in construction
- Fewer features
- Reliability
- Low repair rate
These factors make the Toyota Camry one of the most affordable selections on the market.
Unfortunately, a used version of the Toyota Camry doesn’t offer much value. It happens to be one of the least affordable used selections on the market. However, if you can invest in a new version of the Toyota Camry, you will be able to find it for a decent price point.
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2022 Toyota Camry Depreciation
Depreciation is a critical variable to consider when investing in a car. After all, your vehicle should be able to hold its value for a long time, keeping more money in your pocket for the short and long term. Ideally, it won’t cost too much in repairs and will be able to be sold for a high value on the market if it ever comes to that in your life.
According to caredge.com, here is the predicted depreciation for the 2022 Toyota Camry:
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The residual value remains at 83% by the fourth year.
The value will drop in time, but the Toyota Camry does a pretty good job at keeping itself in one piece. If you’re looking for depreciation issues, the Camry will be fine for at least the first few years of ownership. After that, it might start to decline.
2022 Toyota Camry Trends
Before investing in a car, it’s critical to look at the trends associated with it. What will you find when examining the resale value of the Camry on the current market? What does it look like when checking out the predictions?
Here is the trend for the 2022 Toyota Camry based on the CoPilot Price Pulse tool:
The car has slowly come down over the past few months.
In November of last year, the price of the 2022 Toyota Camry was drastically higher than the predicted price and what it should be. Now, it’s only 16% above what it should be, which means you’re paying an additional $4,050. While that isn’t ideal, it’s better than it has been for buyers and excellent for sellers. The cost is reasonable for buyers.
Does the Toyota Camry Hold Its Value?
The 2022 Toyota Camry price will drop almost 30% after the first five years of ownership, which puts it in the middle of the pack when considering depreciation value. Although it isn’t at the top of the competition, it’s far from the bottom. The Camry does a decent job holding its value over time.
Although the Camry isn’t the best at holding its value compared to several other cars, it still offers solid competition against other similar vehicles. Toyota is a trustworthy brand, and the Camry is just one example of why they are a company worth investing in, time and time again.
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Final Thoughts
It’s never a poor idea to think about the 2022 Toyota Camry price, especially when considering spending so much money. The closer you look at the depreciation trends, MSRP, and other price shifts over the years, the easier it will be to determine if the car is the right choice for your life. Financial troubles that appear quickly are not a good sign for a car investment.
We hope this information is valuable and helpful as you look for your next car! Before investing in any machine, think about everything related to the price point. If your car will lose value fast, it might be a better option to look somewhere else. Luckily, the Toyota Camry is a solid selection on the market for buyers and sellers.
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