🚙 Car Depreciation Calculator
Estimate how much your car has depreciated and what it might be worth today, using typical industry depreciation rates.
How cars lose value over time
New cars typically lose value fastest in their first year (often 15-25%), then continue depreciating at a somewhat slower but steady annual rate after that. Actual depreciation varies widely by make, model, mileage, and condition.
How this calculator works
Enter the original purchase price, the car’s current age, and an annual depreciation rate (15% per year is a widely used industry average after the first year, which typically depreciates a bit faster). The calculator applies a slightly higher first-year rate, then compounds the standard rate for each remaining year.
This is a general estimate for planning purposes. For an accurate market value, check a vehicle valuation guide that accounts for mileage, condition, and local demand.