Car Depreciation Calculator
Calculate how much your car's value decreases over time with accurate depreciation models
Calculate Car Depreciation
Original purchase price or current market value
How many years old is the vehicle
Choose the depreciation calculation method
Depreciation Results
Method: Industry Standard Rates
Value Retention: NaN% of original value
Depreciation Analysis
Example Calculation
2021 Honda Civic Depreciation
Purchase Price: $25,000 (new in 2021)
Current Age: 3 years (as of 2024)
Industry Rate: 3-year depreciation is typically 42%
Mileage Impact: Average mileage (36,000 miles)
Depreciation Results
Current Value: $14,500 (58% of original value)
Total Depreciation: $10,500 over 3 years
Annual Loss: $3,500 per year on average
Monthly Loss: $292 per month
Factors Affecting Depreciation
Age & Mileage
Primary factors in value loss
Brand & Model
Some brands retain value better
Condition
Maintenance and accidents impact value
Market Demand
Popular models depreciate slower
Value Retention Leaders
Best (5-year depreciation)
Fastest Depreciating
Understanding Car Depreciation
What is Car Depreciation?
Car depreciation is the decrease in your vehicle's value over time. Cars lose value due to age, mileage, wear and tear, and changing market preferences. Understanding depreciation helps you make informed decisions about buying, selling, and owning vehicles.
Depreciation Timeline
- •First minute: 9% value loss (new to used)
- •First year: 19% total depreciation
- •Year 2: 31% total depreciation
- •Year 5: 60% total depreciation
Depreciation Methods
Standard Industry Rates
Based on real market data and industry averages. Most accurate for typical vehicles.
Straight Line
Equal depreciation each year over the vehicle's useful life (typically 10 years).
Declining Balance
Higher depreciation in early years, slowing over time. Common for luxury vehicles.
Remember: Actual depreciation varies by brand, model, condition, mileage, and market conditions. This calculator provides estimates for planning purposes.