RealCarTips Logo

Toyota Resale Values Dropping

March 04, 2010

Toyota Resale Values1Toyota's recent troubles has hurt resale values. The price of Toyota Camrys at auction or on the wholesale market is falling, especially the most recent three years of production.

The prices dropped nearly 10% over the course of only a few weeks, for a total of more than $1,000 in lost value because of concerns from buyers over the safety issues and ongoing reliability concerns. Other cars in the mid-size sedan segment have seen their value remain relatively unchanged over the past couple weeks.

The decline is likely to continue according to industry pricing estimates, and while the cars may still be a worthwhile choice for buyers once their issues are ironed out, prospective owners looking to sell their cars in the next several years may want to keep in mind the continuing loss of resale value.

My Recommendation for Car Shoppers

TrueCar and Edmunds are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
  • Best Rebates, Incentives, and Lease Deals
  • Latest Car Buying Scams and Tricks
  • The Best & Worst Time to Buy a Car
  • Which Cars You Should Avoid
Enter Your Email Below

(Absolutely NO SPAM, easy to unsubscribe)
×

Gregg Fidan

About: Gregg Fidan


Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

Latest Weekly Car Buying Tips    RSS Feed

September 12, 2019
September 5, 2019
August 29, 2019
August 22, 2019
August 15, 2019
August 8, 2019
August 1, 2019
July 25, 2019
July 18, 2019
July 11, 2019
July 4, 2019
June 27, 2019
June 20, 2019
June 13, 2019
June 6, 2019
May 30, 2019
May 23, 2019
May 16, 2019
I welcome your car buying questions. Email Me and I'll be glad to answer them!