Car Depreciation Calculator

Calculate Car Depreciation

Depreciation Results

Current Value

Estimated Current Value: $0

Total Depreciation: $0

5-Year Projection

Value After 5 Years: $0

Total Depreciation (5 Years): $0

Quick Examples

About Car Depreciation

Car depreciation is the loss in value of a vehicle over time due to age, mileage, wear, and market demand. Understanding depreciation helps you make informed decisions when buying, selling, or trading in your car.

Key Depreciation Factors:

Age: New cars lose value fastest in the first few years
Mileage: Higher mileage accelerates depreciation
Brand/Model: Some brands retain value better
Condition: Well-maintained cars depreciate slower

Tips to Reduce Depreciation:

Maintain Regular Service: Keep records of all maintenance
Limit Mileage: Drive less to preserve value
Choose Popular Models: Higher resale demand
Protect the Exterior: Avoid dings and sun damage

How Depreciation is Calculated:

Most car depreciation is calculated using a straight-line or percentage method. This calculator uses the percentage method:
Current Value = Original Price × (1 - Depreciation Rate)^Age