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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Car Depreciation Estimator
See how your vehicle’s value changes year by year, plus track total and monthly depreciation.
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.