VEHICLE COST AND TRIP SCENARIOS

Car Depreciation Calculator

Model a vehicle value after applying a constant annual depreciation rate you enter.

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Change any assumption, then calculate your estimate.

Free to use

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Your result

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Enter your values and select Calculate. Your result stays on this device.

How it works

Estimated value = purchase price × (1 − annual depreciation rate) raised to the years entered.

Assumptions

Actual resale value varies with model, miles, condition, market demand, accidents, options, and location.

Use case

car depreciation calculator: a clear planning check

Model a vehicle value after applying a constant annual depreciation rate you enter. The stated formula, assumptions, and result limits remain visible so the calculation can be checked in context.

Use a clear car depreciation calculator scenario with values you can verify before relying on the result.

Source and update

Last reviewed: 2026-08-10

NHTSA — vehicle ownership and safety resources

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