Vehicle Depreciation Calculator

Calculate how much your vehicle loses in value over time. Understand depreciation for resale value estimates and budgeting.

Enter Your Measurements

Purchase Price($)

Vehicle Age(years)

Mileage(miles)

Results

Current Value Estimate

8,250.00

Total Depreciation

21,750.00

Total Depreciation

72.5

Formula

Current Value = Purchase Price × (1 - Depreciation Rate)

How to Use This Calculator

How to Use

1
Enter what you paid for the vehicle.
2
Enter the vehicle's current age in years.
3
Enter the current mileage.
4
Get an estimate of current value.

Frequently Asked Questions

How much does a new car depreciate?

A new car loses about 20% of its value in year 1, then 15% in year 2, then progressively less. After 5 years, it's worth roughly 50-60%.

What affects depreciation?

Make/model reliability, mileage, condition, accident history, market demand, and maintenance all affect depreciation rate.

Related Calculators

Vehicle Payment Calculator

Auto Loan Calculator

About This Calculator

This calculator uses the formula: Current Value = Purchase Price × (1 - Depreciation Rate). All calculations follow industry-standard methods. Results are estimates — always verify with a licensed professional for structural or code-compliant work.

Built and maintained by the CalcSmart team. Last updated March 2026.

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