Car Depreciation Calculator

Your details

The price you paid (or the current asking price if you are buying used).
How many years old the car is right now. Use decimals for months (e.g. 1.5 for 18 months).
years
Standard uses real-world observed rates (heavy first-year drop). Straight-line spreads equal depreciation each year. Custom lets you set your own annual percentage.
How far ahead to forecast value (the schedule table runs from year 0 to this year).
years
Currency
Current valueAverage depreciation
$20,300

Estimated market value today

Total depreciation$14,700
Value lost42%
Value at forecast year$14,000
First-year loss$6,650
Avg. annual loss (so far)$4,900
42% %
Low depreciation<20Average20-45Above average45-65Heavy65+
Current value$20,300
Depreciation so far$14,700

Estimated current value: $20,300.

  • Your car has lost approximately $14,700 (42.0%) of its original $35,000 value over 3 years.
  • The steepest single-year drop is the first: new cars typically lose around 19% in year one alone the moment they leave the dealership.
  • At year 5, the projected value is roughly $14,000.

Next stepTo minimise depreciation impact, choose models with historically strong resale values (trucks, SUVs like the Wrangler or Tacoma), maintain full service records, keep mileage moderate, and avoid colours or trims that have weak demand.

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