Car Depreciation Calculator
Year-by-year value of a new car.
Estimated value at year 5
$20,269
49.3% lost · $19,731 of depreciation
Year by year
Year 0$40,000−$0 this year
Year 1$32,000−$8,000 this year
Year 2$27,200−$4,800 this year
Year 3$24,480−$2,720 this year
Year 4$22,032−$2,448 this year
Year 5$20,269−$1,763 this year
US averages: about 20% in year 1, 15% in year 2, then ~10% per year through year 5, slowing after. Trucks and Toyotas hold value better; luxury sedans and EVs depreciate faster. Buying lightly used (2-4 years old) skips the steepest part of the curve.
About
Enter purchase price and how many years out you want to look. Get the projected value each year using US-average depreciation rates. Tells you why used cars are usually a better deal.
How to use
- Enter new car price.
- Pick years out.
- See projected value.
FAQ
Do all cars depreciate the same?+
No. Trucks and Toyotas hold value much better than average. Luxury sedans and EVs depreciate faster. The 20%/15%/10%/10%/8% curve is a fleet average across mainstream cars.