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Free Tool

DEPRECIATION CALCULATOR

See how much your car is worth today and how fast it will lose value. Know the true cost of ownership before you buy.

$

3 years old

Different vehicle types depreciate at different rates

Estimated Current Value

$17,400

42% depreciation after 3 years

Original Price

$30,000

Value in 5yrs

$9,300

Lost So Far

$12,600

Will Lose (Next 5yrs)

$8,100

Value Retained vs. Lost

Retained $17,400 (58%)Lost $12,600 (42%)

Year-by-Year Depreciation

2023
$30,000
2024
$24,000
2025
$20,100
2026
$17,400
2027
$15,000
2028
$13,200
2029
$11,700
2030
$10,500
2031
$9,300
Past Current Projected

Depreciation Tips

BUY SMARTER

Year One Hits Hardest

New cars lose 20-25% of their value in the first year alone. Buying a one-year-old used car lets someone else absorb that steep initial drop.

Trucks Hold Value Best

Pickup trucks and body-on-frame SUVs retain the most value over time. Luxury sedans and EVs depreciate the fastest due to rapid tech turnover.

The Sweet Spot: 3-5 Years

Vehicles aged 3-5 years offer the best balance of remaining value and lower purchase price. The steepest depreciation is already behind you.

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