Car depreciation calculator

Curious about your car’s value? With our car depreciation calculator, you’ll instantly see how much your vehicle has dropped in price. If you're looking to sell, trade, or simply check in on its worth, our tool gives you quick, clear answers. Start now and get an accurate estimate in no time!

Calculate Your Car's Depreciation

Our car value depreciation calculator provides a precise estimate of how much your vehicle’s value has decreased since you purchased it. The calculator considers key details such as the car’s age, mileage, current market conditions, and other factors to offer an accurate assessment. By entering just a few details, the calculator generates a 3-year depreciation curve and forecasts your vehicle’s future value, helping you make smart decisions about selling or holding on to it.

This tool works with our scrap value calculator to assess damaged or totaled cars. JunkCarsUs buys them in any condition, offering a quick and fair process. Use our calculator to check your vehicle's worth and get a competitive offer today.

What Is Vehicle Depreciation?

Car depreciation is a gradual loss of value that begins the moment you drive your vehicle off the lot. On average, cars lose 20% of their worth in the first year and up to 60% over five years. Factors like age, mileage, and general wear contribute to this decline, but the make and model of the vehicle also play a significant role.

It matters because it directly affects a vehicle's resale value. For owners, it helps determine the right time to sell, while buyers can use it to avoid overpaying for a car that will lose value quickly. Our auto depreciation calculator provides a clear estimate, so you know exactly what to expect when selling your car.

How to Calculate the Depreciation of a Car?

Using our depreciation calculator for a car is simple and can give you results in minutes:

1. Type how much you paid for the car.
2. Indicate the year of the purchase.
3. Press next and write down the mileage on the odometer.
4. Choose the vehicle's age at purchase.
5. Pick a depreciation mode in percentages.
6. Receive the result.

For example, input the details of a 2010 Toyota Camry with 70,000 miles, bought for $5,950 in 2015 and subject to a 15% depreciation rate. The calculator will then show you the average annual value lost ($3,071.41), the first-year ($892.50), the total ($4,571.88), and the remaining worth at the end of ownership ($1,378.12). You’ll also receive a yearly overview of the car’s devaluation.

How Much Will My Car Depreciate in Value Over Time?

Various vehicles lose their value differently depending on their type. Based on 30+ years of our experience in the automotive industry, typical devaluation for vehicles over a five-year period averages 38.8%.

Factors Affecting Your Car’s Value Over Time

Out of numerous reasons for value decline, we chose the top 5 for you to consider. Explore how they influence your car’s worth:

• Vehicle age and mileage: The older the car, the lower its worth, and the same goes for mileage. According to Bizflunet, the average auto can depreciate at a rate of up to $0.08 per mile driven.
• Condition: Wear and tear, along with interior and exterior maintenance, lowers the vehicle’s worth.
• Brand reputation and reliability: If the vehicle’s brand is known for producing durable products like Toyota or Honda, then it will hold the worth longer.
• Demand for the model: Popular car models tend to be resilient to depreciation due to higher demand in the used car market.
• Economic factors and resale market trends: Fuel prices, economic recession, and changes in consumer behavior influence worth reduction. For example, the boom of technological advances positively impacted electric car value decline.

Which Cars Depreciate the Least?

No auto is immune to the depreciation, but its brand and reputation hold their worth longer. Economical performance, great demand, and high safety ratings also make the vehicle robust. Here are the top five models that depreciate the least over five years:

Which Cars Depreciate the Most?

High-end or electric models are usually the ones that lose their worth the fastest. The main reasons for high maintenance costs are fuel inefficiency and low demand. Below is a list of the top five models that lose value the quickest:

Car Depreciation Calculators by Make and Model

Understanding how a vehicle's value depreciates over time is essential when deciding to sell your car. The car depreciation calculators by make and model below provide specific depreciation data for various brands, helping you estimate your car's potential resale value. By selecting a manufacturer, such as Acura, Audi, or BMW, you can view detailed depreciation information for each model, including average three-year depreciation rates. Use these calculators to get an accurate estimate and a fair offer.