How this car depreciation calculator works
Future value = starting value × (1 − annual depreciation rate)^years. Total depreciation is the difference between starting and future value.
How to use it
- Starting value. Enter the value in $.
- Annual depreciation. Enter the value in %.
- Years. Enter the value in years.
- Request the result. Add your email, then select “Email & show my result.”
What to do with the number
Actual car values do not decline at a constant rate; age, mileage, condition, brand and market cycles all matter. Use a rate based on the specific model or compare multiple scenarios such as 10%, 15% and 20%.
Use this result as a starting point, not a guarantee. Product specifications, site conditions, manufacturer guidance, local codes, taxes, labor, tolerances, and rounding can change the real requirement or cost.