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DepCalc
How much is your car worth in 3 years? See the year-by-year depreciation curve.
A new car loses roughly 20-25% of its value the moment you drive it off the lot, and another 15% in year two. After 5 years, a typical car is worth about 40% of its original price. This is why buying a 2-3 year old certified pre-owned car is often the best value play.
Brand reputation (Toyota, Honda hold value), low mileage, desirable colors (white, black, silver), and popular body styles (SUVs > sedans) all slow depreciation. Electric vehicles have been depreciating faster than average due to rapidly improving technology, though this is stabilizing.
Value after 5 years
$15,530
What you entered
Annual depreciation rate
15%= 0.1500 per yearValue after depreciation
$35,000 × (1 − 0.15)^5= $15,530Total depreciation
$35,000 − $15,530= $19,470Result
Current value: $15,530
A $35,000 vehicle depreciating at 15% per year is worth $15,530 after 5 years — a total loss of $19,470 (56% of the purchase price).