Car Depreciation Estimator
See how your vehicle’s value changes year by year, plus track total and monthly depreciation.
Additional Information and Definitions
Initial Purchase Price ($)
What you originally paid for your vehicle, not including taxes or fees.
Years of Ownership
How many full years you have owned the car so far.
Annual Depreciation Rate (%)
Approximate yearly percentage by which the car’s value decreases. Typically 5–20% per year.
Annual Miles Driven
Optional. Higher mileage can accelerate depreciation, but the exact relationship can vary.
Track Your Car’s Worth
Project future values for selling or trading in.
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Depreciation Glossary
These terms clarify how your car’s value might change over time:
Initial Purchase Price:
The amount you paid when acquiring the vehicle, forming the basis for depreciation calculations.
Depreciation Rate:
Percentage representing value loss per year, influenced by wear, market conditions, and brand reputation.
Residual Value:
Vehicle's remaining worth after a certain number of years, factoring in its usage and age.
Usage Factor:
Driving habits can affect the actual depreciation, but for simplicity we use a base rate in this calculator.
5 Surprising Truths About Car Value
Cars lose value fast, but there are some interesting details about how depreciation really works:
1.Luxury Cars Fall Hard
High-end vehicles can lose a bigger chunk of value early, sometimes more than cheaper models, though they eventually level off.
2.Low Mileage Gains
Cars driven less can command higher resale, but letting a car sit too long can still cause mechanical degradation.
3.Model Refresh Impact
When a new generation of the same model arrives, the old version can drop in value more steeply.
4.Smart Timing
Selling before big scheduled maintenance or right after a big repair can reduce your overall depreciation-based losses.
5.Brand Perception Matters
Some brands hold value better due to reliability reputations, while others can decline faster regardless of actual condition.