Car Depreciation Calculator
Estimate your car's current value based on purchase price and age using standard depreciation curves.
Estimated Current Value
Car depreciation is the loss of value over time. Most cars follow a predictable depreciation curve.
Standard depreciation rates:
| Year | Cumulative Depreciation | Value Remaining |
|---|---|---|
| Year 1 | ~20% | ~80% |
| Year 2 | ~35% | ~65% |
| Year 3 | ~45% | ~55% |
| Year 4 | ~52% | ~48% |
| Year 5 | ~58% | ~42% |
| Year 8 | ~70% | ~30% |
| Year 10 | ~80% | ~20% |
Formula (exponential model):
Current Value = Purchase Price × (1 − Depreciation Rate) ^ Age
This calculator uses a blended rate: ~20% in year 1, then ~15% per year after that, which closely matches real-world data.
Factors that affect real depreciation:
- Brand reputation, mileage, condition, market demand, model popularity