The Car Depreciation Calculator uses the following formulae: A = P * (1 - R/100) n. D = P - A. Where, A is the value of the car after n years, D is the depreciation amount, P is the purchase amount, R is the percentage rate of depreciation per annum, n is the number of years after the purchase.
This car depreciation calculator is a handy tool that will help you estimate the value of your car once it's been used. You probably know that the value of a car drops dramatically just after you buy it, and it depreciates with each year.
The calculator uses an accelerated rate of depreciation for cars that are brand new and provides the user with a range of possible depreciation rates: from low to high. This calculator provides depreciation based on expected market values, it is not intended for use as a tax depreciation calculator.
If the business use percentage for your car is 50% or less, you can still take a deduction for car depreciation. In this situation, you calculate your car depreciation using the straight-line method over five years. Also, this car would not be eligible for the Section 179 deduction or the special depreciation allowance.
Automobile Depreciation Calculator Estimate Vehicle Depreciation. ... Straight Line Depreciation Calculator. ... Here is a table which highlights the hypothetical depreciation of a typical $30,000 car, though actual rates of depreciation vary by make & model.
Car Depreciation Calculator. Use our depreciation calculator to estimate the depreciation of a vehicle at any point of its lifetime. We base our estimate on the first 3 year depreciation curve, age of vehicle at purchase and annual mileage to calculate rates of depreciation at other points in time.
Edmunds Car Depreciation Infographic shows how fast a new car loses value over a five-year period. ... Compare Cars Car Loan Calculators Car Valuation Incentives & Rebates True Cost to Own ...
The estimated depreciation on the car ("Car Depreciation") from the time it was new (whether or not you bought it then) until the age at which you asked for its projected value. The estimated value of the car at the age of the car you specified. Calculator
Let this calculator help you understand how the value of your car may be affected the longer you drive it. Enter the purchase price, age of the vehicle and number of years you plan to own the car to determine depreciation.
Calculate the cost of owning a car new or used vehicle over the next 5 years. Edmunds True Cost to Own (TCO) takes depreciation. loan interest, taxes & fees, fuel, maintenance and repairs into ...