Minnesota

2024 Toyota Camry Cost in Minnesota

Complete cost breakdown including taxes, insurance, fuel, and maintenance

Total 5-Year Cost

$47,752

Monthly Equivalent

$796

Sales Tax

7.13%

Annual Insurance

$1,410

Complete Cost Breakdown

Total Cost of Ownership

$47,752

Over 5 years in Minnesota

Monthly Equivalent

$796/mo

12,000 miles/year

Purchase Price

$28,855

Sales Tax

$2,057

7.13% in Minnesota

Registration

$725

5 years

Insurance

$7,050

$1,410/year

Fuel

$6,655

$1,331/year

Maintenance

$2,410

$482/year avg

Estimated Depreciation

$14,716

Your 2024 Toyota Camry will lose approximately $14,716 in value over 5 years

Vehicle Type

Sedan

Fuel Economy

32 MPG combined

Reliability Rating

4.5/5.0

Minnesota Vehicle Costs

Sales Tax Rate

7.13%

State: 6.5% + Local: 0.63%

Avg Insurance

$1,410

Ranked #21 of 50 states

Registration Fee

$145

Per year (average)

Gas Price

$3.55

Per gallon

Frequently Asked Questions

What is the total cost of owning a 2024 Toyota Camry in Minnesota?

The total 5-year ownership cost is approximately $47,752, which includes the purchase price ($28,855), sales tax (7.13%), insurance (avg $1,410/year), fuel, maintenance, and registration fees.

How much is insurance for a Camry in Minnesota?

The average annual insurance cost in Minnesota is $1,410. For this Camry, the estimated annual insurance is $1,410, which may vary based on your driving record, age, and coverage level.

What are the registration fees in Minnesota?

In Minnesota, the average annual vehicle registration fee is $145. This may vary based on the vehicle's age, weight, and value.

Is a Camry expensive to maintain?

The 2024 Toyota Camry has a 5-year maintenance cost of approximately $2,410, with a reliability rating of 4.5/5.0, making it very reliable.

Customize Your Calculation

Calculate Ownership Cost

MSRP: $28,855Sedan

Sales Tax: 7.13% • Insurance Avg: $1,410/yr

How long do you plan to own the vehicle?

Average: 12,000 miles/year