Depreciation

See value lost and estimate a future value.

Your numbers

Enter your numbers to see the result.

How Depreciation works

Value lost is original price minus current value. Percentage loss uses original price as the denominator. Future value compounds your assumed annual depreciation rate from the current value.

A worked example

These sample values illustrate the calculation. Use your own numbers in the calculator for your result.

Example inputs
Purchase price ($)
25000
Current estimated value ($)
18000
Years owned
3
Future annual depreciation (%)
10
Years ahead
3
Total value lost
$7,000.00
Percentage lost
28%
Average loss per year
$2,333.33
Estimated future value
$13,122.00

Assumptions and limits

Future depreciation is your assumption. Actual value depends on condition, mileage, market and location.

Check lender terms and manufacturer guidance. These estimates do not replace a mechanical inspection.