Car Depreciation Calculator

It is the loss of a car’s value over time. A new car loses the most in the first years, then the pace slows as it ages.

Typically 15–20% per year for a new car, though the first year can be 20–30%. The declining-balance model applies the percent to the remaining value each year.

Multiply the price by (1 − rate) to the power of the number of years. For example, 100,000 at 15%/yr is worth ≈ 44,371 after 5 years.

Because going from "new" to "used" brings an immediate drop, and the warranty and model novelty fall quickly in the first years.

Brand and reliability, mileage, condition, accident history, fuel type and market demand. Some brands hold their value better.

Choose a model that holds value well, maintain the car, keep the service history and a reasonable mileage, and avoid non-standard modifications.

For both. When selling it sets the resale price, and for leasing/instalments the estimated depreciation sets the residual value and thus the monthly payment.