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Discussion Starter · #5 ·
That car lost some 13+K in 5 years... So much for a good resale. Such prices make me pretty sorry I bought a brand new Camry...
It has nothing to do with depreciation of a "Camry". Depreciation in value of any "new" car is horrible. I learned many years ago to never buy a "new" car. Get one 2-5 years old. Let that 'new" car buyer "take the bath".

My wife's 2005 Lexus LS430 had a MSRP when new of $70k. Bought it when 5yo for $25k.
 

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straight cash homie
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That car lost some 13+K in 5 years... So much for a good resale. Such prices make me pretty sorry I bought a brand new Camry...
David, didn't you do OK and sell yours before the prices really tanked? You should go out and get yourself a 2012-14 so you can feel good about it! :grin:
 

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kemo sabe,

I couldn't agree more with you. I have only bought one new car and will never again unless I just get filthy rich someway. Currently I am driving a 2002 Avalon that belonged to my Dad previously and he bought it used. I couldn't be happier with it.
 

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BeerSteakTxas
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10,846 Posts
It has nothing to do with depreciation of a "Camry". Depreciation in value of any "new" car is horrible. I learned many years ago to never buy a "new" car. Get one 2-5 years old. Let that 'new" car buyer "take the bath".

My wife's 2005 Lexus LS430 had a MSRP when new of $70k. Bought it when 5yo for $25k.
Nope. Almost $2600+ a year for Camry is unacceptable. I've been monitoring used car prices since I stopped selling cars and in the past 3 years Camry's resale went to s..t mostly because of ginormous discounts, 0-4-60 and 25% fleet sales. I had a few Camrys before and their average annual depreciation was well below 2K a year.
The LS is a different story, it's not an affordable mass produced car like a Camry.
 

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BeerSteakTxas
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David, didn't you do OK and sell yours before the prices really tanked? You should go out and get yourself a 2012-14 so you can feel good about it! :grin:
:) Yep, I'm proud of myself cuz I sold (or actually traded in to my buddy wholeseller and he shipped it overseas) my 2014's as soon as I realized that $5+K discounts are here to stay and that Toyota increased its fleet sales a few years back. I like my 2012 and see no reason to "upgrade" to the same car. If I like the Gen8 Camry I might get another one. Toyota better make it nice. :)
 

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Toyota has slipped a LOT in quality in the last decade and people are starting to look around at other brands again. I certainly did. I wouldn't buy another Toyota unless it was silly cheap used and I just needed a beater.
 

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2015 Toyota Camry V6 XLE
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Why are you going from a 2014.5 to a 2012?

It's basically an identical car. Go for the 2015 - 2017 ... at least it's a slight or drastic change
 

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Man the 2012-2014.5 trims (minus the se) are so ugly. Beauty is in the eye of the beholder, but I don't think I'd drive that if it was handed to me
Yeah....droopy tail lights, a drooping front grill, and roof line that doesn't flow to the rear window all make the Camry look low rent...but...

IT'S A STICK...and it's black....black makes all cars look better hiding all sorts of design flaws (as described above)...
 

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2015 Toyota Camry V6 XLE
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Toyota should have made the style of the 2015 - 2017 from the beginning ... might have been more popular towards people liking the style
 

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Nope. Almost $2600+ a year for Camry is unacceptable. I've been monitoring used car prices since I stopped selling cars and in the past 3 years Camry's resale went to s..t mostly because of ginormous discounts, 0-4-60 and 25% fleet sales. I had a few Camrys before and their average annual depreciation was well below 2K a year.
The LS is a different story, it's not an affordable mass produced car like a Camry.
13k loss of first year model on last year of model is not suprising
 

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If I was in a better financial position, I'd be very tempted to purchase this 2012 XLE.

http://www.palmbeachtoyota.com/deta...4dr_sedan_i4_automatic_xle-used-15637211.html
It must've been built on a monday, and they left the XLE badge on by accident. Other than leather steering wheel, 17" wheels, and wood trimmings, it's basically an LE with that cloth interior, and base navi unit... and it's beige. Ugh.

It has nothing to do with depreciation of a "Camry". Depreciation in value of any "new" car is horrible. I learned many years ago to never buy a "new" car. Get one 2-5 years old. Let that 'new" car buyer "take the bath".

My wife's 2005 Lexus LS430 had a MSRP when new of $70k. Bought it when 5yo for $25k.
High End cars were always the exception to the rule.

Hell, I was looking at the wholesale prices of the Caddy DTS, BMW 7er, Benz S class, Lexus LS460... The Lexus always comes out on top when compared to the others'.

Even that '05 you have now will be worth 13-16k depending on your region. 11. Years. Later.

Equivalent Euro/other high end barges always take a beating since more expensive means more gizmo's which break and come with stupid costs to them, and the same ones are usually 2/3 of the price of an equivalent Lexus.
 
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