🚗 Automotive
Calculator
Car Depreciation Calculator
Understand the hidden cost of car ownership.
How to Use This Tool
- Enter your purchase price.
- Enter years owned and annual depreciation rate.
- Get current value and total loss.
The Formula
Remaining = Price × (1 - Rate)^Years. Average car loses ~60% in 5 years.
Why It Matters
You buy a new car for $45,000. Cars lose 23% in year one, 15% in year two, then 10-15% annually. After 5 years, your car is worth ~$23,600 — you have lost $21,400. Buying a 3-year-old model saves that first hit.
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