This Car Depreciation Calculator provides three estimates of car
depreciation rates - low, average and high. According to published sources such
as Kelley Blue Book and Edmunds.com.
Purchase Price of Car.
The purchase price of the car that you have
negotiated.
Current Vehicle Age (Years)
The current age of the vehicle. For
new cars enter zero. For used cars, round up or down
to the nearest whole number.
Time the Vehicle is Owned (Years)
An estimate of the number of years you
think you will
own the car.
Final Vehicle Age (Years)
The age of the vehicle at the end of the
depreciation cycle. This value is simply calculated by adding the current
vehicle age to the time the vehicle is owned.
Rate of Depreciation (Low, Average, High)
This calculator provides three estimates of car
depreciation rates - low, average and high. According to published sources such
as Kelley Blue Book and Edmunds.com.
Vehicles experience different rates of depreciation due to factors such as
the condition of the car and the number of miles on the vehicle, model, make
etc.
First Year Depreciation
This is the first year's estimated
depreciation for the auto.New cars lose more value in their first
year of ownership versus used cars.
Total Depreciation
This is the total deprecation, or decline in the
car's market value, during the time the vehicle is owned.
Disclaimer:
This online Car Depreciation Calculator is meant to be used as a tool for the
car buyer to get a general idea of the depreciation of cars and trucks over
their ownership periods.