Car depreciation calculator
Estimate a car's residual value after several years.
Related tools
All Running costs tools →Need Residual value? The Car depreciation calculator derives it from Purchase price, Age (years), Depreciation per year (%) in one step. For instance, with Purchase price = $30,000.00, Age (years) = 5 and Depreciation per year (%) = 15 it returns Residual value = $13,311.16.
How to use it
- Enter your values: Purchase price, Age (years), Depreciation per year (%).
- Read the result instantly: Residual value.
Frequently asked questions
What does the Car depreciation calculator actually compute?
It takes Purchase price, Age (years) and Depreciation per year (%) and derives Residual value from them. The calculation is live as you type, so the result updates on every change.
What information do I need to provide?
3 values: Purchase price ($), Age (years) and Depreciation per year (%). Nothing else is required — no account, no file upload.
Can you show a worked example?
With Purchase price = $30,000.00, Age (years) = 5 and Depreciation per year (%) = 15, the calculator returns Residual value = $13,311.16. Those figures come from running this exact tool, so you can reproduce them by entering the same values.
What happens if I enter larger values?
It moves a lot. Using Purchase price = $60,000.00, Age (years) = 10 and Depreciation per year (%) = 17 instead, Residual value goes from $13,311.16 to $9,309.62 — which is why it is worth testing a few scenarios rather than trusting a single figure.
What does it give for smaller values?
Scaled down to Purchase price = $15,000.00, Age (years) = 3 and Depreciation per year (%) = 14, Residual value comes out at $9,540.84. The relationship is worth checking at both ends before you rely on a single result.
When would I actually use this?
Deciding between two cars, or between keeping one and replacing it: fuel or charging, insurance, depreciation and what a kilometre really costs.
What is the most common mistake?
Comparing on fuel alone. Depreciation is usually the largest line in the first years and dwarfs the difference in consumption between two comparable cars.
How accurate is it, and what are the limits?
Estimate only.
What is the difference between the Car depreciation calculator and the Car lease calculator?
Both return Residual value. What differs is what they ask for: this one wants Purchase price and Age (years), the Car lease calculator wants Vehicle price and Down payment. Use whichever matches the numbers you already have.
Is there a tool for the next step?
Car affordability calculator is the closest one after this: Find a sensible monthly and yearly car budget from your income.