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Car Depreciation Calculator

Find out how much your vehicle loses in value each year — and what it'll be worth when you sell.

0 = brand new

Average Depreciation by Vehicle Type

Type Year 1 Year 3 Year 5
Sedan / Compact 15–20% 40–45% 55–60%
SUV / Crossover 12–18% 35–40% 50–55%
Pickup Truck 10–15% 30–35% 45–50%
Luxury Car 20–25% 45–55% 65–70%
Sports Car 15–25% 40–50% 55–65%
Electric Vehicle 18–25% 45–55% 60–65%
Minivan 15–20% 40–45% 55–60%

Figures represent cumulative depreciation from original purchase price. Actual values vary by make, model, condition, mileage, and market.

Frequently Asked Questions

How much does a new car depreciate in the first year?

A new car typically loses 15–25% of its value in the first year alone, with the steepest drop happening the moment you drive it off the lot (sometimes called 'drive-off depreciation'). By year 3, most cars have lost 40–50% of original value. By year 5, it's often 50–65% gone. This is why buying a 2–3 year old used car can be significantly better value — someone else absorbs the initial drop.

Which vehicles hold their value best?

Trucks (especially Toyota Tacoma, Ford F-150) historically depreciate slowest — 40–50% retained at 5 years. Japanese brands (Toyota, Honda) generally outperform German luxury in residual value. Luxury cars (BMW, Mercedes, Audi) depreciate fastest — sometimes 60–70% in 5 years. EVs have had high depreciation due to rapid battery tech improvements, though this varies by model. Rare/limited production cars can actually appreciate.

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