"Lee's Deal of the Week - Toyota Camry" Edmunds Daily

Lee's Deal of the Week - Toyota Camry

The Toyota Camry is the bestselling car in the land. Toyota's reputation for reliability and resale value helps move hundreds of thousands of units of the Camry every year. However, there is an updated 2010 Carmy set to go on sale in March and, due in part to the sick economy, Toyota has an oversupply of the 2009 model.

According to Automotive News, Toyota ended January with a 77-day supply of Camrys. Since Toyota would like them to be sold out by the time the 2010 Camry arrives, Toyota has decided to increase incentives on the 2009 model. While incentives for Toyota vary by region, consumers can claim as much as $1500 customer cash or financing as low as 0% for 36 months on the 2009 Camry.

The question is, should you wait for the 2010 Camry or pick up a discounted '09 model? Well, the 2010 Camry will have some styling changes along with some minor equipment and interior enhancements. However, the biggest change will be in the standard 4-cyl engine. A new 2.5-liter four-cylinder engine equipped with variable valve timing with intelligence (VVT-i) will produce 169 hp for Camry, LE and XLE grades. For sporty performance, SE grade get additional tuning and gets 179 horsepower, 21 more horsepower than the previous four-cylinder engine.

So if you like the looks of the current Camry and find the power to be adequate, you might just prefer to save some money and go with my deal-of-the-week, the 2009 Toyota Camry.

Click here for more information on the 2009 Toyota Camry.