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What is the Camry vs Accord depreciation?
My brother and I are having a friendly argument over whose car has the best value. He has a Toyota Camry and I have a Honda Accord. Which car is better in terms of depreciation?
Brittni Brinn · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
A bit of sibling rivalry is all in good fun! Between the
Toyota Camry
and the Honda Accord
, the Accord has lower overall depreciation—but not by much. However, the Camry has lower depreciation than the Accord during the first few years of ownership.In fact, the Camry and the Accord are neck-in-neck in the contest for best value. The Accord ranks first and the Camry ranks second in their class when it comes to resale value, and both are best-selling sedans over many model years.
In short, you and your brother both own fantastic sedans that benefit from low depreciation in value. That’s worth celebrating with extra savings on your
car insurance
with the Jerry
app!As a
licensed broker
, Jerry partners with over 55 top providers nationwide to bring you the most affordable quotes for the coverage you need. You could save an average of over $800 a year on your car insurance costs!View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
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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