Share your experience with your Camry's VSC, Vehicle Stability Control, in action.
Understeer:
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Last winter I was driving my '02 Camry SE V6. It was a night of rain and slippery roads. I had my OEM tires, Bridgestone Turanza summer tires, on. These tires are not too great in winter. I negotiated a left turn a little too quickly, and the car started understeering (tracing a curve shallower than that which the front tires want to follow).
The Skid Indicator started flashing and beeping. Next thing I heard was the ABS pumping the brakes. The front was adjusted to the correct heading, but the rapid adjustment caused the rear to swerve to the right. Again the system kicked in and stablized the rear.
I continued driving as if nothing had happened. I would say the car deviated off course (sideways) by only inches before it recovered. I was really impressed.
Oversteer:
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Another time, I intentionally tested the system on a secluded dirt road. I was doing about 40mph. Turning the steering wheel slightly to the left, I raised the handbrake all the way up to induce a rear-end skid. Again flashes and beeps from the dash. Reflexively, I tried correcting the skid myself, so I rapidly turned the steering wheel in the direction of the skid. The car responded a little too rapidly, and the rear started skidding in the opposite direction of the original skid.
The VSC kicked in with surprising agility recovered the skid.
The VSC system manages both the brakes and engine to correct a skid, but you don't really notice the engine revving as you do the ABS pumping.
By no means do I recommend you intentionally inducing skids. Nonetheless, it's nice to know that this system is there if you need it and can help save you in case of lost control.
--Ibrahim