The V6 Camry Is Dead. Long Live the V6 Camry - And Its Stubborn Resale Value.

When Toyota dropped the V6 from the Camry lineup last year in favor of a hybrid-only future, most buyers shrugged and moved on. 5-liter V6 Camrys from the 2018-2024 generation weren’t depreciating like normal sedans. In fact, they’re holding their value far better than anyone expected.
The engine itself, codenamed 2GR-FKS, is a naturally aspirated workhorse that Toyota used across dozens of models, from the Lexus IS 350 to the Toyota Highlander. That parts availability keeps repair costs low, which in turn supports the car’s resale floor. But there’s more to the story.
The V6 Camry XSE and the limited-production Camry TRD (only about 6,000 built per year) made up just six percent of total Camry sales between 2018 and 2024. That scarcity, combined with the fact that no other mass-market V6 sedans remain on the market, has created a perfect storm.
A 2021 Camry XSE V6, for example, has lost only about 21 percent of its value in five years, compared to the typical 37 percent for the model as a whole.
The Camry TRD, with its upgraded suspension, brakes, and aggressive body kit, became an instant enthusiast favorite. 5, and it looked the part. Buyers at the time didn’t realize they were buying the last of a breed. Now, with the V6 family sedan all but extinct outside of luxury brands like Genesis, the used market is treating these cars less like family haulers and more like modern classics.
The engine’s reliability, the model’s rarity, and the emotional pull of a naturally aspirated six-cylinder in an era of turbo fours and hybrids are all working together to keep prices stubbornly high.
Source: CarBuzz
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