Vehicle Cost Tools

Car Depreciation Calculator

Estimate how your vehicle's value changes over time using standard annual depreciation rates. Results are estimates based on a simple exponential model.

New cars typically lose 20-30% in the first year. Use 15% for a conservative estimate over multiple years.

Estimated value after selected years
$0.00

How depreciation is calculated

This calculator uses an exponential decay model: value after Y years = purchase price × (1 - annual rate)Y. For example, a $35,000 car at 15% annual depreciation would be worth about $15,530 after 5 years.

Actual depreciation depends on the specific make, model, trim, condition, mileage, accident history, and local market demand. Luxury vehicles and electric cars tend to depreciate faster. Use this as a general estimate only.

Source: Carfax - What Is Car Depreciation?