GlenCalc

Car depreciation calculator

Cars lose the most value in the first year, then a smaller share each year after. Set the rates to match your model: brands and segments hold value very differently.

Your answer

Value after 5 years$14,616.18
Value lost$20,383.8358.2% of the price
Average loss per year$4,076.77
Estimated value at the end of each year
Show the numbers
Estimated value at the end of each year
YearValue
0$35,000.00
1$28,000.00
2$23,800.00
3$20,230.00
4$17,195.50
5$14,616.18

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How we worked it out

Updated as you change the numbers.

  1. Year 1: × (1 − 20%). Each later year: × (1 − 15%).

Method and assumptions

Depreciation is applied as a percentage of the value at the start of each year, so the dollar loss shrinks over time. The default rates are a rough rule of thumb only; check recent sale prices for your make, model and mileage.

Questions

What is a $35,000 car worth after 5 years?

About $14,616 at 20% the first year and 15% a year after, a loss of $20,384.

Sources

Method and figures checked on . Every worked answer on this page is covered by an automated test. Found a mistake? Tell us.

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