Car Depreciation Calculator
Estimate how much your car could lose in value over time
using an annual depreciation rate.
Enter the vehicle's purchase price, annual depreciation rate
and number of years in the white box. The orange box shows
your estimated vehicle value and depreciation.
Year-by-Year Depreciation
See how the estimated vehicle value decreases each year based on the depreciation rate entered.
| Year | Vehicle value | Value lost that year | Total depreciation |
|---|
How the Car Depreciation Calculator works
This calculator estimates the future value of a vehicle using a fixed annual depreciation rate.
Each year, the vehicle loses the selected percentage of its value at the start of that year. This means depreciation is calculated on a reducing balance, rather than subtracting the same dollar amount each year.
For example, a $30,000 vehicle depreciating at 15% annually would have an estimated value of $25,500 after one year. In the second year, the 15% depreciation would apply to $25,500 rather than the original $30,000.
Actual depreciation depends on the vehicle's make, model, mileage, age, condition and market demand. This calculator provides an estimate rather than a guaranteed resale value.