Car Depreciation Calculator
Estimate a car's current value, and how much it has lost, under a depreciation rate you choose.
The yearly rate is your own assumption. Real cars lose value at different speeds depending on model, kilometres and condition. The numbers shown are examples.
Estimated current value
₹4,91,300
Value lost
₹3,08,700
Lost
38.6%
| Year | Value |
|---|---|
| 0 | ₹8,00,000 |
| 1 | ₹6,80,000 |
| 2 | ₹5,78,000 |
| 3 | ₹4,91,300 |
An illustration under an assumption you chose, not a valuation. For what similar cars are listed for, use the valuation tool.
How to use it
- Enter what the car cost.
- Enter how old it is.
- Enter the yearly depreciation you want to assume, and choose the method.
- Read the estimated current value, the value lost and the year-by-year table.
How it works
Reducing balance: each year the car loses the same percentage of the value it has left, so value after t years = price × (1 − rate)ᵗ. Straight line: it loses the same amount every year, so value = price × (1 − rate × t), never below zero. The rate is your own assumption.
A worked example
A car bought for ₹8,00,000, assumed to lose 15% a year on a reducing balance, is worth 8,00,000 × 0.85³ ≈ ₹4,91,300 after three years: ₹3,08,700 (38.6%) lost.
What it assumes
- The yearly rate is yours. No average rate is built in, because real cars differ a great deal by model, kilometres and condition.
- It shows an illustration under a rule, not what the car would sell for. For that, use the valuation tool.
- Accidents, modifications and unusually high or low use are not captured.
These are estimates to help you plan. They are not a guarantee, a loan or insurance offer, or financial advice. Confirm important figures with the seller, lender or insurer.