About the Car Depreciation Calculator
Estimate your car’s value after each year of ownership and the total depreciation cost per year and per mile.
Also known as: vehicle depreciation, car value calculator, how much will my car be worth, vehicle-depreciation, auto depreciation.
How to use this calculator
- Enter purchase price, first-year depreciation, yearly depreciation after year 1, years owned and the other fields.
- The result updates instantly as you type — press Calculate (or Enter) at any time.
- Review the breakdown shown under the main result.
- Use Copy result or Share to save the answer or send a link with your inputs.
Formula
Value = price × (1 − d₁)(1 − d)ⁿ⁻¹
Worked example
Using the values pre-filled in the calculator above:
- Purchase price = 32,000
- First-year depreciation = 20 %
- Yearly depreciation after year 1 = 15 %
- Years owned = 5
- Distance per year = 12,000
the calculator returns:
- Estimated value: 13,363.36
- Total depreciation: 18,636.64
- Per year: 3,727.33
- Per mile / km: 0.31