The Toyota Camry is one of the most popular and reliable sedans on the market, and the 2007 model is no exception. With its sleek design, comfortable ride, and impressive fuel efficiency, it’s no wonder why many car buyers are still interested in purchasing a used 2007 Toyota Camry. But what is the price of a Toyota Camry 2007? In this article, we’ll delve into the details of the 2007 Toyota Camry’s pricing, including its original MSRP, current market value, and factors that affect its price.
Introduction to the 2007 Toyota Camry
The 2007 Toyota Camry is a mid-size sedan that was introduced in 2006 as a 2007 model. It was available in several trim levels, including the base CE, LE, SE, and XLE. The Camry was powered by a 2.4-liter 4-cylinder engine or a 3.5-liter V6 engine, both of which were paired with a 5-speed automatic transmission or a 6-speed manual transmission. The 2007 Camry was known for its spacious interior, smooth ride, and impressive safety features, which included electronic stability control, anti-lock brakes, and a comprehensive airbag system.
Original MSRP of the 2007 Toyota Camry
The original MSRP of the 2007 Toyota Camry varied depending on the trim level and engine choice. The base CE model started at around $18,270, while the top-of-the-line XLE V6 model started at around $28,120. Here are the original MSRPs for each trim level:
The base CE model with a 2.4-liter 4-cylinder engine started at around $18,270.
The LE model with a 2.4-liter 4-cylinder engine started at around $19,425.
The SE model with a 2.4-liter 4-cylinder engine started at around $20,605.
The XLE model with a 2.4-liter 4-cylinder engine started at around $23,640.
The XLE V6 model with a 3.5-liter V6 engine started at around $28,120.
Current Market Value of the 2007 Toyota Camry
The current market value of a 2007 Toyota Camry depends on several factors, including the trim level, engine choice, condition, and mileage. According to Kelley Blue Book, the current market value of a 2007 Toyota Camry can range from around $4,000 to $12,000. Here are some approximate values for each trim level:
A base CE model with high mileage (over 100,000 miles) can sell for around $4,000 to $6,000.
A LE model with average mileage (around 50,000 to 70,000 miles) can sell for around $6,000 to $9,000.
An SE model with low mileage (under 30,000 miles) can sell for around $8,000 to $11,000.
An XLE model with average mileage can sell for around $9,000 to $12,000.
An XLE V6 model with low mileage can sell for around $11,000 to $14,000.
Factors That Affect the Price of a 2007 Toyota Camry
Several factors can affect the price of a 2007 Toyota Camry, including:
Condition and Maintenance
The condition and maintenance of the vehicle can significantly impact its price. A well-maintained vehicle with regular oil changes, tire rotations, and other scheduled maintenance can command a higher price than a vehicle that has been neglected. Additionally, any damage or needed repairs can decrease the vehicle’s value.
Mileage
The mileage of the vehicle is another important factor that affects its price. Vehicles with high mileage (over 100,000 miles) are generally worth less than vehicles with low mileage (under 30,000 miles).
Trim Level and Options
The trim level and options of the vehicle can also impact its price. Vehicles with premium features such as leather seats, navigation systems, and advanced safety features can command a higher price than vehicles with fewer features.
Location
The location of the vehicle can also affect its price. Vehicles sold in areas with high demand or low inventory may be worth more than vehicles sold in areas with low demand or high inventory.
Conclusion
The price of a 2007 Toyota Camry can vary depending on several factors, including the trim level, engine choice, condition, and mileage. By researching the original MSRP, current market value, and factors that affect the price, car buyers can make an informed decision when purchasing a used 2007 Toyota Camry. Whether you’re looking for a reliable and affordable vehicle for daily driving or a comfortable and feature-packed sedan for road trips, the 2007 Toyota Camry is definitely worth considering.
Final Thoughts
In conclusion, the 2007 Toyota Camry is a reliable and affordable sedan that offers a comfortable ride, impressive fuel efficiency, and a range of features. By understanding the factors that affect its price, car buyers can find a great deal on a used 2007 Toyota Camry. Remember to research the vehicle’s history, condition, and maintenance records, and don’t be afraid to negotiate the price based on any flaws or needed repairs. With its reliable engine, smooth transmission, and comfortable interior, the 2007 Toyota Camry is a great choice for anyone looking for a used sedan.
| Trim Level | Original MSRP | Current Market Value |
|---|---|---|
| CE | $18,270 | $4,000 to $6,000 |
| LE | $19,425 | $6,000 to $9,000 |
| SE | $20,605 | $8,000 to $11,000 |
| XLE | $23,640 | $9,000 to $12,000 |
| XLE V6 | $28,120 | $11,000 to $14,000 |
Remember, the price of a 2007 Toyota Camry can vary depending on several factors, so be sure to research and compare prices in your area to find the best deal.
What are the factors that affect the price of a Toyota Camry 2007?
The price of a Toyota Camry 2007 can be influenced by several factors, including the vehicle’s trim level, engine type, transmission, and condition. The trim levels available for the 2007 Toyota Camry include the CE, LE, SE, and XLE, with each level offering unique features and upgrades. Additionally, the engine type, whether it be a 2.4-liter 4-cylinder or a 3.5-liter V6, can also impact the price. The transmission type, either a 5-speed manual or a 6-speed automatic, can also be a factor in determining the price of the vehicle.
The condition of the vehicle is also a crucial factor in determining its price. A well-maintained Toyota Camry 2007 with low mileage and no accidents can command a higher price than a vehicle with high mileage and a history of accidents. Other factors, such as the vehicle’s color, interior features, and aftermarket upgrades, can also affect the price. Furthermore, the location and region where the vehicle is being sold can also impact the price, with prices varying depending on the local market demand and supply. It is essential to consider these factors when purchasing or selling a Toyota Camry 2007 to ensure a fair and competitive price.
What are the different trim levels available for the Toyota Camry 2007?
The 2007 Toyota Camry is available in four trim levels: CE, LE, SE, and XLE. The CE is the base model, offering standard features such as air conditioning, power windows, and a stereo system with CD player. The LE trim level adds features such as cruise control, power door locks, and a remote keyless entry system. The SE trim level is designed for performance, with a sport-tuned suspension, unique exterior styling, and a leather-wrapped steering wheel. The XLE is the top-of-the-line trim level, offering premium features such as a JBL sound system, moonroof, and heated seats.
Each trim level offers a unique set of features and upgrades, allowing buyers to choose the model that best suits their needs and budget. The CE and LE trim levels are ideal for budget-conscious buyers, while the SE and XLE trim levels cater to those seeking a more premium driving experience. When selecting a trim level, it is essential to consider the features that are most important to you and your driving habits. By choosing the right trim level, you can ensure that your Toyota Camry 2007 meets your needs and provides a comfortable and enjoyable driving experience.
How does the engine type affect the price of a Toyota Camry 2007?
The engine type is a significant factor in determining the price of a Toyota Camry 2007. The 2.4-liter 4-cylinder engine is the base engine, offering an estimated 158 horsepower and 161 lb-ft of torque. This engine is available in the CE, LE, and SE trim levels. The 3.5-liter V6 engine, on the other hand, is available in the SE and XLE trim levels, offering an estimated 268 horsepower and 248 lb-ft of torque. The V6 engine provides more power and towing capacity, making it ideal for those who need to haul heavy loads or desire a more responsive driving experience.
The price difference between the 4-cylinder and V6 engines can vary depending on the trim level and condition of the vehicle. Generally, the V6 engine commands a higher price due to its increased power and towing capacity. However, the 4-cylinder engine can still provide a comfortable and fuel-efficient driving experience, making it an excellent option for those on a budget. When deciding between the two engine types, it is essential to consider your driving habits and needs. If you prioritize fuel efficiency and a lower purchase price, the 4-cylinder engine may be the better choice. If you need more power and towing capacity, the V6 engine is the better option.
What are the transmission options available for the Toyota Camry 2007?
The 2007 Toyota Camry offers two transmission options: a 5-speed manual and a 6-speed automatic. The 5-speed manual transmission is available in the CE, LE, and SE trim levels with the 2.4-liter 4-cylinder engine. The 6-speed automatic transmission is available in all trim levels, including the XLE, and can be paired with either the 2.4-liter 4-cylinder or 3.5-liter V6 engine. The automatic transmission provides a smooth and convenient driving experience, while the manual transmission offers more control and fuel efficiency.
The transmission type can affect the price of the vehicle, with the automatic transmission generally commanding a higher price than the manual transmission. However, the price difference can vary depending on the trim level and condition of the vehicle. The manual transmission can be a good option for those who prioritize fuel efficiency and a more engaging driving experience. On the other hand, the automatic transmission is ideal for those who desire a hassle-free driving experience and are willing to pay a premium for the convenience. When selecting a transmission type, it is essential to consider your driving habits and preferences to ensure the best possible driving experience.
How does the condition of the vehicle affect its price?
The condition of a Toyota Camry 2007 can significantly impact its price. A well-maintained vehicle with low mileage and no accidents can command a higher price than a vehicle with high mileage and a history of accidents. The vehicle’s exterior and interior condition, including any scratches, dents, or worn-out components, can also affect the price. Additionally, the vehicle’s maintenance history, including any records of regular oil changes, tire rotations, and repairs, can provide valuable insight into its overall condition.
The price of a Toyota Camry 2007 can vary significantly depending on its condition. A vehicle with high mileage (over 100,000 miles) and a history of accidents may be priced lower than a similar vehicle with low mileage (under 50,000 miles) and a clean history. Similarly, a vehicle with a well-documented maintenance history and no major repairs may be priced higher than a vehicle with a spotty maintenance record and outstanding repairs. When purchasing or selling a Toyota Camry 2007, it is essential to carefully evaluate the vehicle’s condition and adjust the price accordingly to ensure a fair and competitive deal.
What are the average prices for a Toyota Camry 2007 in different regions?
The average prices for a Toyota Camry 2007 can vary significantly depending on the region and local market conditions. In general, the prices tend to be higher in urban areas and lower in rural areas. For example, in the northeastern United States, the average price for a Toyota Camry 2007 can range from $4,000 to $8,000, depending on the trim level, engine type, and condition. In contrast, in the southern United States, the average price can range from $3,500 to $7,000.
The regional price variations can be attributed to several factors, including local demand, supply, and economic conditions. Additionally, the prices can also be influenced by the presence of competing dealerships and private sellers in the area. When researching prices, it is essential to consider the local market conditions and adjust the price accordingly. Online pricing guides, such as Kelley Blue Book, can provide valuable insights into the average prices for a Toyota Camry 2007 in different regions. By understanding the local market conditions and prices, buyers and sellers can make informed decisions and negotiate a fair price for the vehicle.
How can I determine the fair market value of a Toyota Camry 2007?
To determine the fair market value of a Toyota Camry 2007, you can use online pricing guides, such as Kelley Blue Book or Edmunds, which provide estimated values based on the vehicle’s trim level, engine type, condition, and mileage. You can also research local listings and prices for similar vehicles to get an idea of the going rate in your area. Additionally, you can consult with a mechanic or appraiser to evaluate the vehicle’s condition and provide a more accurate assessment of its value.
When determining the fair market value, it is essential to consider all the factors that can affect the price, including the vehicle’s history, condition, and any upgrades or modifications. You should also be aware of any local market trends and conditions that can impact the price. By gathering all the necessary information and using online pricing guides, you can determine a fair and competitive price for the Toyota Camry 2007. Whether you are buying or selling, understanding the fair market value can help you negotiate a better deal and ensure a successful transaction.