Calculate your car depreciation

Determine how your vehicle’s value can change over the time you own it by using this estimation tool.

This car depreciation calculator can be helpful to determine how much value your car will retain, based on the inputs provided. By entering the following information, we’ll help you learn your vehicle depreciation for your used or new vehicle.

Vehicle price - Provide the amount you’re purchasing the car for or the estimated value.

Vehicle age in years – If the car is new, enter zero; otherwise, enter the age of the vehicle.

Years you’ll own – Enter the number of years you anticipate owning the vehicle.

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Depreciation – If the car is newer or exotic, the depreciation will typically be high. New cars can depreciate as much as 20% within the first year. However, some car brands always retain a higher value and therefore depreciate at the medium rate initially. As all vehicles age, they move to the medium and low status.

Check out these ways to help minimize car depreciation and always make sure your car insurance is up to date for your needs.