Would you pay more for a Camry if its resale value is worth it?
Toyota Camry is famed for its great resale value, holding onto a higher percentage of its original price than most of its midsize sedan competitors. For years, the Camry has been touted for this reputation of holding value. However, this advantage comes with a trade-off: Camrys tend to be priced more than some of their competitors at the outset. The question this raises is whether the long term financial advantage of having a better resale value is worth the premium you pay upfront. Is it worth paying more for a Camry up front if you will get more money back when you sell it? Or would you be better off buying a cheaper version, knowing you might have a lower resale value down the line? We'll examine how the Camry's resale value affects the buyer's wallet, and find out if it's a sound economic decision for car buyers.
Absolutely. This is lower depreciation, which is the biggest cost of car ownership. In the long run, you'll save money.
That depends on how long you intend to keep the car. If you're going to run it into the ground, resale value isn't that big of a deal.
For the peace of mind, I think it’s worth it. It’s good to know that your Camry is always going to be worth something.
Not really. The difference in resale value isn’t that huge anymore, and you can often find better deals on other brands.
If you’re the type to sell your car after a few years, then it’s only worth it. Other factors are more important if you're a long term owner.
It’s nice to have resale value, but I’d rather buy a cheaper car and put the money difference into savings. That could work out in your favour.
Resale value isn't just the issue. Then, Camrys need less expensive repairs, which adds up over time, too.
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Discussions and Questions Would You Pay More For A Camry If Its Resale Value Is Worth It
Would you pay more for a Camry if its resale value is worth it?
30 December 2024 10:48
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