🚗 Car Depreciation Calculator
Estimate your car's current value and future depreciation. See how purchase price, age, and mileage affect value over 10 years.
Estimated Current Value
$0
Total Depreciation
$0
Annual Depreciation Rate
0%
10-Year Depreciation Curve
Year-by-Year Value
| Year | Value | Depreciation | Remaining % |
|---|
Understanding Car Depreciation
Depreciation is the single largest cost of car ownership. A new car loses about 20-30% of its value in the first year alone. Understanding this curve helps you make smarter buying and selling decisions.
Frequently Asked Questions
How much does a car depreciate per year?A new car loses 20-30% in year one, then 15-18% annually for years 2-5. After 5 years, most retain 40-50% of original value.
What car holds its value best?Toyota, Honda, and Porsche generally hold value best. Trucks and SUVs depreciate slower than sedans.
How does mileage affect depreciation?High mileage accelerates depreciation. Over 100K miles reduces value by 30-40% vs average-mileage equivalents.
When does a car depreciate the most?The biggest drop is year one (20-30%). Year two adds 15-20%. After year 5, it slows to 5-10% annually.
Is it better to buy a 2-3 year old car?Often yes. It has absorbed the steepest depreciation but still has modern features and plenty of remaining life.
Do electric cars depreciate faster?Generally yes, due to battery concerns and rapid tech improvements. Some EVs lose 50-60% in 3 years.
How do I calculate my car's current value?Enter your purchase price, current age, and mileage. The calculator applies standard depreciation curves adjusted for mileage.
Does color affect car depreciation?Slightly. Neutral colors have higher resale demand. Unusual colors may reduce value by 2-5%.