Car Depreciation Calculator
Estimate how much your car has depreciated and project future values. Understand the true cost of vehicle ownership over time.
Inputs
$
years
years
Results
Current Market Value
$20,944.00
Total Depreciation So Far$14,056.00
Future Value$12,419.00
Future Depreciation$8,525.00
Annual Depreciation$1,705.00
Monthly Depreciation$142.00
Retained Value35.5%
How to Use This Calculator
- Enter the original Purchase Price (new) of the vehicle.
- Set the Current Vehicle Age in years (e.g., 3 for a 3-year-old car).
- Enter the Years to Project to see a future depreciation estimate.
- Review the Current Market Value, Retained Value %, and Annual Depreciation outputs.
- Use the chart to see how value declines over time and plan your next purchase accordingly.
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Formula
Uses average depreciation rates: ~20% in Year 1, ~15% in Year 2, tapering to ~5% for older vehicles. Actual depreciation varies by make, model, and condition.Related Calculators
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