CAR CALCULATOR
Car Depreciation Calculator
Estimate a vehicle value over time using separate first-year and later annual depreciation rates.
Your depreciation estimate
Value = purchase price x (1 - first-year rate) x (1 - later rate)^(remaining years)
Planning estimate only. Actual resale value depends on make, model, mileage, condition, location, demand, accident history, and market conditions.
How to use this calculator
Estimate how much vehicle value remains after a selected number of years using separate first-year and later annual rates.
- Enter the original purchase price and vehicle age.
- Enter an estimated first-year depreciation rate.
- Enter the annual depreciation rate expected for each later year.
How the calculation works
Estimated value = price x (1 - first-year rate) x (1 - later annual rate) raised to the remaining years.
Understanding the result
Value retained shows the percentage of the original price still remaining. Average annual loss spreads total depreciation evenly for comparison.
Frequently asked questions
Do all vehicles depreciate at the same rate?
No. Brand, model, mileage, condition, demand, location, and market conditions all affect resale value.
Why use a different first-year rate?
New vehicles often lose value faster during the first year than during later years.