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.
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Would you pay more for a Camry if its resale value is worth it?
30 December 2024 10:48
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