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Finance Calculators
Car Depreciation Calculator
Estimate a vehicle's current value after a number of years of depreciation at a given annual rate.
Estimated current value
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Total depreciation
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About the Car Depreciation Calculator
Cars lose value every year they're driven, typically fastest in the first few years. This calculator models that decline as a constant annual percentage (declining balance method).
Formula: Current Value = Purchase Price × (1 − Depreciation Rate)Years
New cars often lose 15-20% of their value in the first year alone, buying a car that's a few years old can avoid the steepest part of the depreciation curve.
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