Car Depreciation Calculator
Calculate how much your car loses in value each year and its resale value over time.
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Frequently Asked Questions
How fast do cars depreciate?
New cars lose 15-25% in the first year and roughly 10-15% per year after. After 5 years the typical car retains about 40% of its original value. Luxury cars, sports cars and some EVs depreciate faster. Trucks and SUVs from Toyota and Honda tend to hold value best.
Which cars depreciate the least?
Lowest depreciation (best resale value): Toyota Tacoma, Honda Civic/Accord, Toyota 4Runner, Subaru Outback, and Jeep Wrangler. Highest depreciation: Maserati, Jaguar, Lincoln, Cadillac, and most luxury sedans. Fuel efficiency, reliability reputation and brand desirability drive resale value.
How does depreciation affect car buying decisions?
Depreciation is often the biggest cost of car ownership — far exceeding fuel and insurance on newer vehicles. Buying a 2-3 year old used car lets someone else absorb the steep first-year drop. CPO (certified pre-owned) vehicles offer warranty protection alongside reduced depreciation cost.