Equipment Depreciation (Farm) Calculator

Annual depreciation from price and annual hours.

Purchase price ($)

Current age (years)

Projection period (years)

Equipment type (1-3)

Annual usage (hours)

Salvage floor (%)

Tab to move between fields

Current market value ($)

$150,000

Future value ($)$65,158

Total depreciation ($)$84,842

Avg. annual depreciation ($)$8,484

Depreciation cost/hour ($)$16.97

% of purchase price remaining100

How to Use This Calculator

Enter Purchase Price and Current Age (years) of the equipment.
Select Equipment Type: Tractor (8%/yr), Combine (11.5%/yr), or Implement (10%/yr) — these are ASAE declining-balance rates.
Set Projection Period (years) to see future value, and Annual Usage (hours) for a per-hour depreciation cost.
Adjust Salvage Floor (%) if you plan to sell before the equipment reaches zero value.
Review Current Value, Future Value, Total Depreciation, Avg Annual Depreciation, and Depreciation Cost/Hour for budgeting.

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