Car Depreciation Calculator

Estimate a vehicle's future value after depreciating at a fixed annual rate.

Calculate

Enter your values below.

Result

Estimated value
0
Value lost
0

Formula used

Value = Price × (1 − rate)years

Example: $30,000 depreciating 15%/year for 5 years → value ≈ $13,311.

How to use this calculator

  1. Enter Purchase price, Annual depreciation rate (%), Years.
  2. Press Calculate to see your result instantly.

Frequently asked questions

Why does value drop faster in earlier years with this model?

Because each year's depreciation percentage applies to a progressively smaller starting value, though the actual dollar drop is largest in year one.

What depreciation rate should I use?

It varies by make, model, and market — many vehicles lose roughly 15-20% per year on average in the first several years.

Is this the same for every vehicle?

No — luxury and less popular models often depreciate faster than reliable, in-demand models.

Does mileage affect this calculation?

Not directly — this model uses a flat annual percentage rather than mileage-based depreciation.