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Car Depreciation Calculator

Vehicle Costs & Sizing

Generated
September 24, 2026

Estimated current value

$19,440

$10,560 (−35.2%) lost over 3 years

Your inputs

Currency
USD ($)
Purchase price
30,000
Current age
3 years
First-year depreciation
20 %
Depreciation after year one
10 %

Breakdown

Total depreciation
$10,560
Value at year one
$24,000
Value at next whole year
$19,440

Value over time

Value over time
ItemValue
Year 0$30,000
Year 1$30,000
Year 2$24,000
Year 3$21,600
Year 4$19,440
Year 5$17,496

Estimated resale value by year

AgeValueLost
0 yr$30,000$0.00
1 yr$30,000$0.00
2 yr$24,000$6,000.00
3 yr$21,600$8,400.00
4 yr$19,440$10,560
5 yr$17,496$12,504
6 yr$15,746$14,254
7 yr$14,172$15,828
8 yr$12,755$17,245

Estimates using your entered depreciation rates.

What this means

Depreciation is the fall in a car's resale value over time. New cars lose value fastest in the first year — often around 20% — because they leave the forecourt with a used-car markdown. After that the fall typically settles to a steadier annual rate. This calculator applies your first-year and ongoing rates year by year, then linearly within the current year, to estimate what the car is worth now.

Recommendations

  • If you buy new and plan to sell, a larger down payment or lower trim can reduce early 'sticker-to-value' loss.
  • Keep mileage and condition good — both are strong drivers of resale value independent of age.
  • Consider buying a 2–3 year old car: you skip the steepest first-year depreciation.

Watch out

  • Depreciation is an estimate; actual resale value depends heavily on brand, condition, mileage, and market demand.
  • Luxury and EV models can depreciate faster than average; some classics appreciate.

Generated with Calcvers · https://calcvers.com/calculators/car-depreciation-calculator?currency=USD&price=30000&age=3&firstYear=20&yearly=10

Figures are estimates based on the inputs above. Check anything you rely on financially or medically with a qualified professional.