Car Depreciation

See what a car is worth after each year using a first year drop and a yearly rate.

Car depreciation calculator

Value after 5 years: —
Total depreciation: — (— of the price)
Average loss per year: —
—
New cars lose the largest share of their value in the first year, which is why that rate is set separately.

How to use the Car Depreciation

  1. Enter the price you paid for the car.
  2. Choose a first year drop and a yearly rate for the later years.
  3. Read the remaining value and the year by year table.

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Frequently Asked Questions

Common questions about the free online car depreciation.

The tool applies a first year percentage drop to the price, then applies the yearly rate to the remaining value for each later year.
A new car loses the largest share of its value as soon as it is driven away, so the first year drop is usually much bigger.
Many new cars lose around 15 to 25 percent in the first year, while a nearly new used car has already taken that hit.
Between 10 and 20 percent a year suits most cars. Popular models in strong colours tend to hold value better than rare ones.
In demand models, economical engines, desirable colours and a full service history all slow depreciation and lift resale value.
Yes. A car well above average mileage for its age usually sells for less than the same model with lower mileage.
The year by year table shows how much value is lost each year, so you can see where the steepest drop happens.
Yes. It is usually the largest single cost of owning a new car, even though no money leaves your account each month.
Yes. Enter the price you are paying as the purchase price and pick a smaller first year drop, since that loss has already happened.
No. All of the arithmetic runs in your browser and nothing you type is ever sent to a server or stored.

Last updated: October 10, 2026