Car Value Nada Calculator
Value at the end
14,616.18
Vehicle Depreciation Calculator
Total value lost
20,383.83
Percentage of value lost
58.24 %
Average loss per year
4,076.77
Depreciation per mile
0.3397
Loss in the first year
7,000
Year the value halves
4
Estimated value now
14,616.18
Low end of the range
14,616.18
High end of the range
14,616.18
Trade-in value
14,616.18
Worked out from Declining-balance depreciation: value(t) = cost x (1 - rate)^t and 2 other sources.
Depreciation rates vary widely by make, model, condition and market. Enter rates for your own vehicle and region rather than relying on the defaults.
How this is worked out
4 steps
- Year 1: 35000 loses 20% to 28000.
- Each later year loses 15% of the remaining value.
- After 5 years the value is 14616.18, a loss of 20383.83 (58.2%).
- Over 60000 miles that is 0.34 of depreciation per mile.
Value year by yeartable
| year | startValue | depreciation | endValue | cumulativeLoss |
|---|---|---|---|---|
| 1 | 35,000 | 7,000 | 28,000 | 7,000 |
| 2 | 28,000 | 4,200 | 23,800 | 11,200 |
| 3 | 23,800 | 3,570 | 20,230 | 14,770 |
| 4 | 20,230 | 3,034.5 | 17,195.5 | 17,804.5 |
| 5 | 17,195.5 | 2,579.33 | 14,616.18 | 20,383.83 |
Results are general information, not financial, tax, legal, medical or engineering advice.