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Car Depreciation Calculator
Estimate a car’s value after any number of years.
Value after
—
Estimated resale.
| Total lost | — |
|---|---|
| % of original | — |
| Purchase price | — |
| Years | — |
Show our math
Enter your figures above to see the step-by-step working.
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How the Car Depreciation Calculator Works
A car loses value fastest early on. This calculator uses the declining-balance method: each year the car keeps the same percentage of the previous year’s value, so a 15%-a-year rate leaves a $30,000 car worth about $13,300 after five years. New cars often drop 20% or more in the first year alone.
Actual depreciation depends on the make, mileage, condition and market, but a steady annual percentage is a reasonable planning estimate.
value = price × (1 − annual rate)^years
Frequently Asked Questions
How much does a car depreciate?
Often 15–20% a year, and 20%+ in the first year. A $30,000 car at 15%/year is worth about $13,300 after five years.
What is declining-balance depreciation?
Each year the car keeps the same percentage of the prior year’s value, so the dollar loss shrinks over time.
Which cars hold value best?
Trucks and some SUVs and brands known for reliability depreciate more slowly. Luxury cars and EVs often drop faster.
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