How much might my vehicle depreciate?

Estimate how much your car will be worth over the next six years based on its purchase price and whether it was bought new or used.

Input

Is the car new or used? ?

New Used

Whether the vehicle was purchased new or used affects how quickly it depreciates.

What is the purchase price? ?

The amount you paid (or plan to pay) for the vehicle.

Enter your values and select Calculate.

The figures above show an estimated path for your vehicle's value over six years, based on typical depreciation patterns for a new or used car. The year-by-year value is a projection, not a guarantee — actual resale or trade-in value depends on mileage, condition, local demand, and the specific make and model.

The two inputs that shape every number here are the purchase price and whether the car is new or used. New vehicles tend to lose a larger share of their value in the first year or two, while used vehicles typically depreciate more gradually since the steepest early drop has already happened. Changing either input will shift every downstream figure.

This model does not account for financing costs, insurance, maintenance, taxes, or how the used-car market moves over time — all of which can push real-world value up or down from what's shown. Treat the depreciation percentages as a general guide for budgeting or comparing vehicles, not as an appraisal.

If you're deciding between a new and used purchase, running both scenarios side by side can be useful. It's also worth revisiting this calculator whenever you're close to a trade-in decision, since the estimate is most meaningful in the year or two right around your actual sale.

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.