Car Depreciation Calculator
Updated on 22 Oct 2026 · Checked by Aotob
A $35,000 car is worth about $14,616 after 5 years.
It loses $20,384, or $4,077 a year.
Worth after 5 years
$14,616
The first year costs $7,000 on its own. Buying a car one to three years old lets someone else pay for the steepest drop.
Show the working
35,000 × (1 − 20%) × (1 − 15%)4 = 14,616
Value by year
Value by year
| Year | Value | Lost that year |
|---|---|---|
| 1 | 28,000 | 7,000 |
| 2 | 23,800 | 4,200 |
| 3 | 20,230 | 3,570 |
| 4 | 17,196 | 3,035 |
| 5 | 14,616 | 2,579 |
Questions people ask
How fast do cars lose value?
New cars typically lose 15% to 25% in the first year and 10% to 20% a year after that. Many are worth about half after four or five years.
Which cars hold their value best?
Popular, reliable models such as pickups and some Japanese brands. Luxury cars and many EVs have lost value faster.
How can I lose less?
Buy one to three years old, keep mileage moderate and keep the service history.
Updated 22 Oct 2026Source: Standard maths; typical prices are averages, checked October 2026Checked by AotobTypical rates; actual values depend on model, mileage and condition.Report an issue