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How to use Vehicle Depreciation Calculator
- Purchase Price: New car cost.
- Age: How long you will keep it.
- Depreciation Rate: Avg is 15-20% per year.
- Result: Future Resale Value.
About Vehicle Depreciation Calculator
The Vehicle Depreciation Calculator estimates what your car will be worth in 1, 3, or 5 years. New cars lose ~20% of their value the moment you drive off the lot.
Use this to calculate the Total Cost of Ownership.