Toyota Camry vs Honda Accord
The Toyota Camry and Honda Accord have battled for midsize sedan supremacy for decades, making them the two most cross-shopped cars in America. Both offer proven reliability, strong resale values, and comfortable daily driving — but subtle differences in depreciation, insurance costs, and long-term maintenance can add up to thousands of dollars over five years. This data-driven breakdown helps you find the true winner for your wallet.
The 2022 Toyota Camry edges out the Accord on total five-year cost thanks to marginally stronger resale value retention and slightly lower average insurance premiums, saving the typical buyer roughly $600-$900 over the ownership period despite a $1,000 lower entry price.
2022 Toyota Camry
Winner- Best-in-class resale value retention among midsize sedans reduces net depreciation cost
- Lower average insurance premiums due to excellent safety ratings and lower theft frequency
- Highly predictable maintenance schedule with widely available parts keeps repair bills modest
- Standard 2.5L four-cylinder returns slightly lower highway mpg than Accord's 1.5T in mixed driving
- Camry XSE and TRD trims carry premium insurance rates that can skew costs upward
- Less engaging driving dynamics may push some buyers to upgrade trims, increasing purchase price
2022 Honda Accord
- 1.5T turbocharged engine delivers slightly better real-world highway fuel economy than base Camry
- Maintenance costs are marginally lower thanks to Honda's efficient service intervals and parts availability
- Sportier driving experience and larger interior cargo space add practical daily-use value
- Slightly softer resale value compared to Camry increases net depreciation over 5 years
- Honda Accord historically carries marginally higher insurance costs due to greater theft frequency in some regions
- 1.5T engine has documented oil dilution concerns on earlier units, though largely resolved by 2022 model year
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The verdict
Over five years and 60,000 miles, the 2022 Toyota Camry costs the typical buyer approximately $900 less to own than the Honda Accord — a slim but real advantage driven by stronger resale retention and lower insurance. However, both cars are exceptional values in the midsize segment and the right choice ultimately hinges on your priorities: pick the Camry if minimizing total cost is paramount, and choose the Accord if interior space, driving dynamics, and highway efficiency matter more to you.
Toyota Camry: The 2022 Toyota Camry is best for budget-conscious buyers who prioritize maximum resale value, the lowest total cost of ownership, and bulletproof long-term reliability over driving excitement.
Honda Accord: The 2022 Honda Accord is best for drivers who want a sportier feel, more passenger and cargo space, and slightly better highway fuel economy and are willing to pay a modest premium for a more engaging ownership experience.
Frequently asked questions
Which is more reliable, the 2022 Toyota Camry or 2022 Honda Accord?
Both are highly reliable, but the 2022 Camry holds a slight edge with a Consumer Reports reliability score of 84/100 vs 79/100 for the Accord, largely due to fewer reported transmission and infotainment issues.
Which holds its value better after 5 years?
The 2022 Toyota Camry typically retains around 52-54% of its original MSRP after five years compared to approximately 49-51% for the Honda Accord, per Edmunds and KBB depreciation data.
Is the Honda Accord cheaper to insure than the Camry?
No — the Camry is generally $80-$100 per year cheaper to insure on average, primarily because the Accord has historically had higher theft rates in certain markets and slightly higher repair costs.
Which gets better gas mileage, the 2022 Camry or 2022 Accord?
The 2022 Accord 1.5T (30 city/38 hwy) has a slight highway advantage over the Camry 2.5L (28 city/39 hwy), though real-world combined economy is nearly identical at around 32 mpg for both.
Should I buy a used 2022 Camry or Accord with under 30,000 miles?
Either is an excellent choice at those mileages — both will still be under or near their original factory powertrain warranty coverage, but ensure you run a vehicle history report and have a pre-purchase inspection done by an independent mechanic regardless of which you choose.