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How much is a used Toyota Camry?
My grandpa wants to give me a used Toyota Camry for my birthday because he doesn’t drive anymore, and he has no use for it. I want to pay him something for it, but I don’t know what would be fair since I’m not sure exactly what year the car is from. How much should I pay for a used Toyota Camry?
Liz Jenson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
It’s difficult to say exactly how much a used
Toyota Camry
will cost without knowing the model year, but you can estimate the price at about $14,500 for a five-year-old car. A newer Camry could cost closer to $20,000, while an older one might cost as little as $7,000.However, your grandpa probably doesn’t want you to pay him full price for a new car! If it’s supposed to be part of a birthday gift, you might want to discuss payment with him to see if you can come to an agreement about a fair price. That way, you won’t be insulting his gift of choice or paying him too much.
When you get a new car, you need new insurance too. Check out the
Jerry
app, where you can see a list of car insurance policy quotes that work for you in minutes. The average user saves over $800 per year.View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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