Your friend is giving you a bunch of garbage. A 2004 Camry LE for a Private Party sale evaluated by Kelly Blue Book runs in the mid $15,000. The wholesale price would be around $2000 cheaper. I live in the US and if your friend can get me a 2004 Camry with 20000 miles for $7,000, I'll get a dozen vehicles from him. Toyota holds its value and is considered lasting vehicles in the US unlike usual American vehicles.