📉 Vehicle Depreciation Calculator

Calculate vehicle depreciation based on age, mileage, and market conditions to determine current value.

🚗 Vehicle Information
📅 Age & Usage

💰 Vehicle Value Analysis

💵
Original Value
$25,000
Purchase price
📉
Current Value
$15,750
-37% depreciation
💸
Depreciation Loss
$9,250
$1,850/year
🔮
Projected (1 year)
$14,175
-10% next year

📈 Depreciation Curve

New 1 Year 3 Years 5 Years 10 Years 15+ Years

🔍 Depreciation Factors

📅 Age Factor -25%
🛣️ Mileage Factor -12%
🔧 Condition Factor 0%
🏷️ Brand Factor +5%
🚗 Type Factor 0%
💡 Tips to Maximize Resale Value
🧽
Keep it clean inside and out
🔧
Maintain service records
🛞
Replace worn tires
🚗
Fix minor cosmetic issues
📋
Keep all documentation
⏰
Sell at optimal timing
🚗 Vehicle Depreciation Examples
🚗
Toyota Camry 2022
3 years old, 45,000 km
$21,600 current value
-28% depreciation
🏎️
BMW 3 Series 2020
5 years old, 80,000 km
$27,500 current value
-50% depreciation
🚚
Ford F-150 2019
6 years old, 120,000 km
$22,500 current value
-50% depreciation
🚙
Honda CR-V 2023
2 years old, 30,000 km
$28,000 current value
-20% depreciation
💎
Mercedes C-Class 2021
4 years old, 60,000 km
$37,500 current value
-50% depreciation
🚗
Hyundai i30 2018
7 years old, 100,000 km
$11,000 current value
-50% depreciation
🏁
Toyota 86 2017
8 years old, 90,000 km
$19,250 current value
-45% depreciation
🚐
Chevrolet Express 2015
10 years old, 180,000 km
$16,000 current value
-60% depreciation
📊 Vehicle Depreciation Rates by Category
Vehicle Category Year 1 Year 3 Year 5 Year 10 Retention Rate
Luxury Cars -25% -45% -60% -75% Poor
Economy Cars -15% -35% -50% -70% Good
Mid-size Sedans -18% -38% -55% -72% Average
SUVs -16% -32% -48% -68% Good
Pickup Trucks -14% -30% -45% -65% Excellent
Sports Cars -20% -40% -55% -70% Poor
Convertibles -22% -42% -58% -75% Poor
Electric Vehicles -20% -45% -65% -80% Poor
Hybrid Vehicles -17% -35% -52% -68% Average
Commercial Vans -18% -38% -55% -70% Average

📈 Factors Affecting Depreciation

  • Brand reputation: Toyota, Honda retain value better
  • Reliability: Fewer problems = better resale
  • Fuel efficiency: More important in fluctuating fuel markets
  • Market demand: SUVs and trucks currently popular
  • Technology: Rapid tech changes hurt luxury cars
  • Mileage: Higher mileage accelerates depreciation
📚 Vehicle Value & Depreciation Guide

📉 Understanding Vehicle Depreciation

Vehicle depreciation is the decrease in value over time due to age, mileage, wear, and market conditions. Most vehicles lose 15-25% of their value in the first year and continue depreciating over their lifetime.

🔢 Depreciation Calculation Methods

  • Straight-line: Equal depreciation each year
  • Accelerated: Higher depreciation in early years
  • Market-based: Based on actual resale values
  • Mileage-adjusted: Considers usage patterns
  • Condition-adjusted: Factors in maintenance and care

🏆 Vehicles That Hold Value Best

  • Toyota: Prius, Camry, RAV4, Tacoma
  • Honda: Civic, Accord, CR-V, Pilot
  • Lexus: Most models (luxury with reliability)
  • Porsche: Sports cars with heritage
  • Jeep Wrangler: Unique capabilities and demand
  • Ford F-150: America's best-selling truck

⚠️ Rapid Depreciation Factors

  • Luxury features: Complex tech becomes outdated
  • Electric vehicles: Battery technology advances
  • Low reliability brands: Higher maintenance concerns
  • Specialty vehicles: Limited market appeal
  • High performance: Insurance and maintenance costs
  • Poor maintenance: Visible wear and potential issues

📅 Depreciation Timeline

  • Drive off lot: Immediate 10-15% loss
  • First year: Total 15-25% depreciation
  • Years 2-3: 15-20% per year
  • Years 4-5: 10-15% per year
  • Years 6-10: 5-10% per year
  • After 10 years: Stabilizes around 10-30% of original

💰 Maximizing Vehicle Value

  • Regular maintenance: Follow service schedules
  • Keep records: Document all services and repairs
  • Protect exterior: Garage parking, wax regularly
  • Interior care: Clean regularly, use seat covers
  • Drive carefully: Avoid accidents and tickets
  • Monitor mileage: Keep below average (15,000-20,000 km/year)

🚗 When to Sell vs Keep

  • Optimal selling: 3-4 years old, before major services
  • Sweet spot: 50,000-80,000 km for most vehicles
  • Keep longer if: Reliable, low maintenance costs
  • Sell before: Major repairs needed
  • Market timing: High demand seasons (spring/summer)

🔍 Factors This Calculator Considers

  • Age depreciation: Time-based value loss
  • Mileage depreciation: Usage-based wear
  • Brand multiplier: Market perception and reliability
  • Vehicle type: Market demand for category
  • Condition adjustment: Maintenance and care level
  • Market trends: Current demand patterns

💡 Using This Calculator Effectively

  • Input accurate original purchase price (not MSRP)
  • Be honest about vehicle condition
  • Use current odometer reading
  • Consider local market conditions
  • Get multiple appraisals for important decisions
  • Remember: Calculator provides estimates, not guarantees