Free Car Depreciation Calculator
Estimate your vehicle's value after a given number of years using average depreciation rates.
USD
%
years
Estimated Value
$15,530
Total Depreciation$19,470
Average Annual Loss$3,894/yr
Estimated Value vs Years Owned
How Car Depreciation Works
Vehicles lose value each year following a declining balance pattern. The largest loss occurs in the first year.
Formula
Value = Purchase Price x (1 - Depreciation Rate)^Years
The average car depreciates 15-20% per year, with new cars losing about 20% in the first year alone.
Example Calculation
$35,000 car depreciating at 15% per year for 5 years.
- 01Year 1 value = $35,000 x 0.85 = $29,750
- 02Year 2 value = $29,750 x 0.85 = $25,288
- 03Year 5 value = $35,000 x 0.85^5 = $15,536
- 04Total depreciation = $35,000 - $15,536 = $19,464
- 05Average annual loss = $19,464 / 5 = $3,893/year
Frequently Asked Questions
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