Automotive / Vehicle Ownership
Vehicle Depreciation Calculator
Vehicle Details
0 = brand new
Average: 12,000-15,000/year
How to Use This Calculator
Project how much your vehicle will be worth over time. Depreciation is the single largest cost of owning a vehicle - often more than gas, insurance, and maintenance combined.
Typical Depreciation Schedule:
- Year 1: 15-25% (steepest drop)
- Year 2: 10-15%
- Year 3: 8-12%
- Year 4-5: 8-10% per year
- Year 6+: 5-8% per year
Factors That Affect Depreciation:
- Vehicle type and brand reputation
- Mileage (high mileage depreciates faster)
- Condition and maintenance history
- Market demand and economic conditions
- Fuel prices (affects demand for gas guzzlers)
- New model releases (can decrease demand for older models)
Note: This calculator uses industry averages. Actual depreciation varies by brand, model, market conditions, and individual vehicle condition.
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