I have a 98 and my mom has an 07. While the 98 is nearing 170k miles and has had its share of problems, those problems are usually minor and as a result of parts wearing down anyway. Nothing major like transmission dying. But the first 100k were beautiful, and this car still runs beautifully and feels very solid.
The 07 on the other hand feels like a cheap piece of crap. I like how it's larger and the new engine is definitely more powerful with a better transmission, but the craftsmanship, you can tell, has suffered in the recent years. I'd say Camrys were still good up till the previous generation (06). The 07s took a nasty turn downward.
I've actually noticed the Corollas took a dive in quality before the Camrys did. My sister's 2003(4?) Corolla has been excellent in terms of reliability, but the interior build quality is absolutely crap, IMO. Within the first two years, the finish on the inside door handles started to peel away. I know it doesn't sound bad, but the dangerous part is the handles have some metal covering over it that's peeling which is extremely sharp.
Also, the cup holders and the front storage door completely broke off. Maybe it's her being rough with the car, but I doubt it.
I know it sounds petty to pick on these small things, but I definitely notice a difference in craftsmanship from before.
