Car Depreciation Calculator

Cars lose value on a declining balance: a large percentage comes off in the first twelve months, then a smaller percentage comes off whatever is left each year after. Enter the purchase price, a first-year rate, a rate for the later years and how far ahead you want to look, and this returns the value year by year, the total lost and the share of the price still held. A second mode goes the other way, taking what you paid and what the car is worth today and returning the single annual rate that connects them, then carrying it forward. The rates are yours to set, because real depreciation depends on the model, the mileage and the market on the day you sell.

Calculator Type

Applies a first-year rate to the purchase price and a second rate to each year after that.

Purchase Price ($) *

First Year Depreciation (%)

The drop in the first twelve months, which is the steepest for a new car.

Each Later Year (%)

Taken off the remaining value, not off the original price.

Years From Purchase *

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