Car Depreciation Calculator
Calculate car depreciation with this free online car depreciation calculator. See what your car will be worth each year and how much value it loses over time.
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How to use Car Depreciation Calculator
- 1Enter the price you paid and how many years you plan to keep the car
- 2Pick a typical rate for an average car, a luxury car or a car that holds its value well, or enter your own yearly rate
- 3Read the estimated value, the total loss and the year-by-year table, then copy the result
Frequently asked questions
How much does a car depreciate per year?▾
A typical new car loses about 20% of its value in the first year and around 15% each year after that, so after five years it is worth roughly 40% of what you paid.
Which cars lose value the fastest?▾
Luxury cars and models with high running costs usually lose value fastest. Popular, reliable cars such as small trucks and well-known compact models tend to hold their value best.
How can I reduce depreciation on my car?▾
Buy a car that is one to three years old so the first owner takes the biggest drop, keep the mileage reasonable, follow the service schedule and keep the service records and the car in good condition.
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