Free Online Car Depreciation Estimator

Estimate Your Car's Value Over the Next Several Years

Need to use Car Depreciation Estimator right now?

A new car loses value the moment it's driven off the lot, and that depreciation continues — unevenly — over the following years, with the steepest drop typically happening in the first year and a more gradual decline afterward, following a pattern well documented across the auto industry.

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YearEstimated valueTotal depreciation
New$35,000-$0 (0%)
1$28,000-$7,000 (20%)
2$24,640-$10,360 (30%)
3$21,683-$13,317 (38%)
4$19,081-$15,919 (45%)
5$16,791-$18,209 (52%)

Based on typical industry depreciation curves (~20% in year one, ~12%/year after). Actual resale value depends on make, model, mileage, and condition.

Other tools in Automotive Calculators

Features

  • Runs entirely in your browser
  • Privacy-first — your data is never uploaded
  • Real-time, instant results
  • 100% free, no sign-up required
  • Works on desktop, tablet, and mobile
  • No installation needed

Who uses this tool?

StudentsProfessionalsFreelancersEveryday users

About Car Depreciation Estimator

A new car loses value the moment it's driven off the lot, and that depreciation continues — unevenly — over the following years, with the steepest drop typically happening in the first year and a more gradual decline afterward, following a pattern well documented across the auto industry.

This estimator applies typical industry depreciation rates — roughly a 20% drop in year one, followed by about 12% per year afterward — to your vehicle's purchase price, projecting its estimated resale value for each year over your chosen time horizon.

The year-by-year table shows both the estimated value and cumulative depreciation as a dollar amount and percentage, useful for deciding how long to keep a vehicle, budgeting for a future trade-in, or simply understanding how much of your purchase price you're likely to recover if you sell later.

How it works

  1. Enter the purchase price. Input what the vehicle cost (or would cost) new.
  2. Set the projection period. Choose how many years ahead to estimate value for.
  3. Read the depreciation schedule. See estimated value and total depreciation for each year.

Examples

$35,000 new car, 5-year projection

Input

Price: $35,000, Years: 5

Output

Year 5 estimated value: ≈ $15,400 (56% depreciated)

Frequently asked questions