Car Depreciation Calculator

See what a car could be worth later

Years to project

Estimated value after 5 years

$14,616

Total depreciation
$20,384
Share of price lost
58%
YearValue lostEstimated value
1$7,000$28,000
2$4,200$23,800
3$3,570$20,230
4$3,035$17,196
5$2,579$14,616

Depreciation Is the Biggest Cost of Owning a Car

For most owners, the value a car loses over the first few years adds up to more than fuel, insurance or repairs. Knowing roughly what a car will be worth when you sell or trade it helps you compare models, choose between new and used, and decide how long to finance it for.

The calculator applies a first-year rate and then a steady yearly rate. Change them to model a car that holds its value well, or one that drops quickly.

Frequently Asked Questions About Car Depreciation

How fast do cars depreciate?

New cars commonly lose around a fifth of their value in the first year and then roughly 10–15% a year after that, though it varies widely by make, model, mileage and condition. Adjust the rates in the calculator to match the car you're looking at.

Which cars hold their value best?

Trucks, some SUVs and models with a reputation for reliability tend to hold value best. Luxury cars and some electric vehicles have historically depreciated faster.

How can I slow down depreciation?

Keep the mileage reasonable, follow the maintenance schedule and keep the records, fix damage properly, and avoid a branded title. A clean history report helps a car sell for more.

How accurate is this calculator?

It's an estimate built from the rates you enter, not a valuation of a specific vehicle. For what a particular car is selling for today, see the market value in a full vehicle report.

Does buying used avoid depreciation?

Mostly, yes. A car that's two or three years old has already taken the steepest drop, so a used buyer loses less value per year than the first owner did.

What's it worth today?

Your first report only $1

A full report shows the market value for the year, make and model, past listings with price and mileage, and title records for the VIN.

  • Title Records
  • Mileage
  • Salvage
  • Recalls
  • Value
  • Specs

No VIN handy? Try , or .

Then $30.00/month for up to 5 reports. Cancel online anytime.

More Free Car Tools

All tools