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Hybrid Variation Available
By Colin Ryan
Updated January 30, 2025
Throughout the years of changing fashions, the rise of SUVs, and the onslaught of tough competition like the Honda Accord, the 2023 Toyota Camry plows on undaunted.
Over eight generations (the current version debuted for the 2018 model year), Toyota kept improving the Camry while retaining all the qualities for which it is renowned. These attributes include reliability, spacious cabins, reliability, robust resale values, reliability, comfort, and even more reliability. It’s the midsize sedan that gives the people what they want, as long as they don’t want an SUV. Or anything too exciting.
The range of new Camry sedan models goes from affordable — yet still with plenty of safety features — to one developed by the TRD division (Toyota Racing Development) with a bespoke suspension setup and a 301-horsepower V6 as standard.
The 2023 Camry Hybrid has its own review.
2023 Toyota Camry pricing starts at $24,787 for the Camry LE Sedan 4D, which had a starting MSRP of $27,415 when new. The range-topping 2023 Camry TRD Sedan 4D starts at $34,741 today, originally priced from $34,480.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$27,415 | $24,787 | |||
$28,955 | $27,090 | |||
$29,955 | $26,699 | |||
$32,165 | $28,666 | |||
$32,715 | $31,202 | |||
$34,480 | $34,741 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Toyota Camry models in typical condition when purchasing from a dealership. These prices are updated weekly.
In its everyday form, the 2023 Camry sedan doesn’t ask much from the driver apart from the basic attentions and skills to accomplish safe and steady progress. The 203-horsepower 4-cylinder engine has adequate muscle (although it starts to sound coarse at high revs) and returns tolerable fuel economy.
Nor does it give much to the driver. Not in terms of involvement, amusement or information. It’s almost like there’s an implied agreement between the car and the people in it — you do your thing, and I’ll do mine.
However, the front seats are big enough to take all sorts of shapes and sizes, comfort levels are high, and outward vision is good. The main gripe is that the Camry can get a little noisy at freeway speeds.
A 301-horsepower V6 is available as an option in the XLE and XSE, and standard in the TRD. While all-wheel drive (AWD) is optional with the 4-cylinder engine, front-wheel drive (FWD) is the sole setup with the V6. This larger engine endows the Camry with a more satisfying driving experience — especially the TRD, with its firmer/lower suspension and stronger brakes.
Whatever the 2023 Camry midsize sedan might lack in design flair, it compensates with an intelligent layout that makes everything easy. Also, the quality of cabin materials becomes almost luxurious in the higher trims. For example, the XLE has wood trim, while the XSE replaces those with metal highlights.
Admittedly, the Honda Accord has the Camry beat for rear legroom: 40.4 inches compared with 38 inches. But that’s still plenty of space for adult passengers.
A similar situation exists with trunk volume. The Camry has 15.1 cubic feet, and the Accord has 16.7. However, 15.1 is still considerable, the trunk’s aperture is nice and wide, and there’s a low lift-over point. Most versions also have 60/40 split/folding rear seats to take the occasional extra-long item, but the TRD variant’s extra body bracing in the pursuit of maximum rigidity requires fixing the rear seats in place.
Now we come to the changes for the 2023 Camry sedan. The Nightshade Edition, based on the SE trim, is now available in Reservoir Blue in addition to black or white. Like reservoirs are sort of deep, but not especially so, that’s how to describe this kind of blue.
The other tweak is that Nightshade versions also gain 19-inch alloy wheels with a bronze finish.
The only Camry not to have a gray or black grille is the XLE, which goes for chrome. The TRD model has mainly black exterior elements, including a fixed rear wing. The XSE and TRD also offer the option of a metallic black roof to contrast with the body color.
INFOTAINMENT SYSTEM
Naturally, the 9-inch touchscreen in some upper trims is preferable, but the graphics are nice and sharp regardless of display size. This is also a really user-friendly and intuitive system with hardly any learning curve.
ALL-WHEEL DRIVE
The availability of all-wheel drive is rare for the midsize sedan class. It’s paired exclusively with the 4-cylinder engine, bringing extra reassurance in slippery conditions. It does mean a slightly smaller gas tank, though: 14.4 gallons as opposed to the front-drive models’ 15.8.
LE trim starts off the 2023 Camry sedan range with 17-inch alloy wheels, LED exterior lighting, heated side mirrors, dual-zone automatic climate control, cloth upholstery, 8-way power-adjustable driver’s seat, and a rear-seat reminder function.
The infotainment system has a 7-inch touchscreen, Apple CarPlay/Android Auto smartphone integration, Amazon Alexa compatibility, satellite radio, Bluetooth, two USB ports, and six speakers.
There’s a reassuringly generous amount of driver aids in the 2023 Camry, such as adaptive cruise control, lane-keeping assistance, forward collision warning with automatic emergency braking and pedestrian detection, intersection assistance, automatic high beams, lane tracing assistance, and road sign recognition.
Versions with the 4-cylinder engine are eligible for all-wheel drive. Strangely, the next-up SE trim has single-zone automatic climate control. That applies to the Nightshade Edition as well, since it’s based on the SE. Other changes include simulated leather seating surfaces and a steering wheel wrapped in the real stuff.
XLE raises the luxury aspect by reinstating dual-zone climate control and adding keyless entry/ignition, wireless charging, leather seating surfaces, 8-way power-adjustable front passenger seat, heated front seats, full-speed adaptive cruise control, self-dimming rearview mirror, ambient cabin lighting, 9-inch touchscreen, and blind-spot monitoring with rear cross-traffic alert.
Apart from 19-inch alloy wheels, 3 more horsepower for 4-cylinder models, and a sport-tuned suspension, the XSE doesn’t really add much. Both the XLE and XSE come with a panoramic moonroof, head-up display, Wi-Fi, and a 9-speaker JBL sound system when there’s a V6 in the engine bay.
The TRD model comes exclusively with the V6 and — goodness knows why — single-zone climate control again. It also reverts to simulated leather, but this time with red stitching. The front passenger goes back to having a manually adjustable seat. The rearview mirror loses its self-dimming ability. And the infotainment system shrinks to a 7-incher.
Other options across various versions include heated/ventilated front seats, a 360-degree camera system, a heated steering wheel, navigation, and JBL audio setups. Blind-spot monitoring is available in the lower trims.
Most buyers of a 2023 Camry will probably get a version with the 2.5-liter 4-cylinder engine. Front-wheel-drive (FWD) variants in LE, SE, and XLE trims enjoy 203 horsepower and 184 lb-ft of torque.
When all-wheel drive (AWD) is in the picture, output dips slightly to 202 horsepower and 182 lb-ft of torque.
Just to muddy the waters a little more, when this engine is in the Camry XSE, it generates either 206 horsepower/186 lb-ft (FWD) or 205 horsepower/185 lb-ft (AWD).
The XLE and XSE are also eligible for a 3.5-liter V6, the standard engine in the TRD model. This powerplant develops 301 horsepower and 267 lb-ft, going just to the front wheels.
All Camry models use an 8-speed automatic transmission. And regular gasoline works fine with each engine.
2.5-liter inline-4
202-206 horsepower @ 6,600 rpm
182-186 lb-ft of torque @ 4,400/5,000 rpm
EPA city/highway fuel economy: 28/39 mpg (FWD), 27/38 (FWD: XLE & XSE), 25/34 mpg (AWD)
3.5-liter V6
301 horsepower @ 6,600 rpm
267 lb-ft of torque @ 4,700 rpm
EPA city/highway fuel economy: 22/33 mpg (XLE), 22/32 mpg (XSE), 22/31 mpg (TRD)
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2023 | - | $28,098 | $25,409 | ||
2024 | $4,369 | $23,729 | $21,041 | ||
Now | $439 | $23,290 | $20,818 |
Unlock Forecast
2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 3310 lbs. | ||
---|---|---|---|
EPA Passenger | 100.4 cu.ft. | ||
Fuel Capacity | 15.8 gallons | ||
Front Head Room | 38.3 inches | ||
Front Leg Room | 42.1 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 5.7 inches | ||
Overall Length | 192.1 inches | ||
Front Shoulder Room | 57.7 inches | ||
Trunk or Cargo Capacity | 15.1 cu.ft. | ||
Turning Diameter | 37.4 feet | ||
Wheel Base | 111.2 inches | ||
Width with mirrors | 72.4 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
LED Headlights | Available | ||
Rear Spoiler | Available |
City | 28 mpg | ||
---|---|---|---|
Highway | 39 mpg | ||
Combined | 32 mpg |
Drivetrain | FWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Regular | ||
Hill Start Assist | Available |
Horsepower | 203 @ 6800 RPM | ||
---|---|---|---|
Torque | 184 @ 5000 rpm | ||
Engine | 4-Cyl, 2.5 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
Toyota Safety Sense 2.5+
Every new Camry sedan comes standard with a broad set of driver aids known collectively as Toyota Safety Sense 2.5+. This includes forward collision warning with automatic emergency braking, pedestrian detection, and intersection assistance (keeping a virtual eye out for oncoming vehicles when turning left).
Blind-spot monitoring with rear cross-traffic alert
Standard at the XLE level and optional in the trims below it, blind-spot monitoring warns drivers of vehicles approaching on either side.
Driver Assist package
The XLE and XSE versions also offer this optional package that contains front/rear parking sensors with rear cross-traffic braking, a 360-degree camera system, a head-up display, and (although we’re not sure how this qualifies as driver assistance) heated/ventilated front seats.
Used 2023 Toyota Camry | New 2025 Toyota Camry | Used 2023 Honda Accord | Used 2023 Kia K5 | ||
---|---|---|---|---|---|
Price | $24,787 | $29,795 | $25,467 | $24,176 | |
KBB.com Rating | 4.6 | 4.8 | 4.8 | 4.5 | |
Consumer Rating | 3.9 | 5.0 | 4.9 | 4.2 | |
Fuel Economy | City 28/Hwy 39/Comb 32 MPG | City 53/Hwy 50/Comb 51 MPG | City 29/Hwy 37/Comb 32 MPG | City 27/Hwy 37/Comb 31 MPG | |
Fuel Type | Gas | Hybrid | N/A | N/A | |
Safety Rating | 5.0 | N/A | 5.0 | 5.0 | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | 5 years or 60000 miles | |
Horsepower | 203 @ 6800 RPM | 225 @ 6000 RPM | 192 @ 6000 RPM | 180 @ 5500 RPM | |
Engine | 4-Cyl, 2.5 Liter | 4-Cyl, Hybrid, 2.5 Liter | 4-Cyl, i-VTEC, Turbo, 1.5 Liter | 4-Cyl, Turbo, 1.6 Liter | |
Drivetrain | FWD | FWD | FWD | FWD |
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With a track record as a consistent best-seller, the 2023 Camry is an excellent choice in this class of great midsize sedans.
The 2023 Toyota Camry midsize sedan starts at $25,945. A Camry XSE V6 begins at $36,370.
The powertrain warranty with a new Camry sedan is 60 months or 60,000 miles, whichever happens first. With regular maintenance and competent driving, it would be feasible to achieve 150,000 or even 200,000 miles.
Yes, the 2023 Toyota Camry is a good car, as reflected by its above-average Kelley Blue Book rating of 4.6 out of 5.
2023 Toyota Camry city/highway fuel economy ratings range from 22/31 mpg to 28/39 mpg, depending on trim and equipment.
Used 2023 Toyota Camry prices currently range from $24,787 for the LE Sedan 4D to $34,741 for the TRD Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2023 Toyota Camry is the LE Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $24,787.
The 2023 Toyota Camry is part of the 8th-generation Camry, which our owners give an above-average reliability rating of 4.1 out of 5.