Car Depreciation Calculator
Estimate vehicle depreciation, annualized depreciation rate, and projected future value.
- Last reviewed
- July 8, 2026
- Cost
- Free to use
- Data
- Runs in your browser
Total Depreciation
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Depreciation Rate
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Annualized Depreciation
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Projected Future Value
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Methodology
How this calculator handles inputs
This calculator uses the values you enter above and applies the formula explained in the guide below. Results update in the browser and are intended for quick planning, comparison, and sanity-checking.
- Use consistent periods, currencies, and units across inputs.
- Review any assumptions before using the result in a decision.
- Recalculate when rates, prices, tax rules, or business terms change.
Guide
How it works
Use this calculator to estimate car depreciation from purchase price, current value, years owned, and future depreciation assumptions.
What this calculator does
The car depreciation calculator estimates total depreciation, depreciation rate, annualized depreciation, and projected future value.
Formula
Depreciation = purchase price - current value
Depreciation rate = depreciation / purchase price
How to use it
Enter purchase price, current value, years owned, expected annual future depreciation, and projection years.
Common mistakes
- assuming depreciation is linear
- ignoring mileage and vehicle condition
- using retail value when trade-in value is needed
FAQs
Why does depreciation matter?
Depreciation is often the largest cost of owning a vehicle.
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