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Car Depreciation Calculator
Verified formula Updated Jun 2026 Private — runs on your device
Verified formula
Private
Value after depreciation
₹4,43,705
- Total depreciation
- ₹5,56,295
For general information only — not financial, tax, legal or medical advice. Verify before you rely on it.
How to use the Car Depreciation Calculator
The Car Depreciation Calculator works out your value after depreciation, along with 1 related figure in an instant. Enter purchase price, annual depreciation rate and years owned and the result updates as you type — it is free, needs no sign-up, and runs entirely in your browser so your figures stay private.
- Enter the purchase price.
- Enter the annual depreciation rate.
- Enter the years owned.
- Read off your value after depreciation, together with total depreciation — the calculator updates automatically, with no button to press.
Formula
The Car Depreciation Calculator uses the formula:
Value after depreciation = Purchase price × (1 - Annual depreciation rate ÷ 100)^(Years owned)
Worked example
For example, with purchase price of ₹1,000,000, annual depreciation rate of 15% and years owned of 5, the value after depreciation is ₹4,43,705.
| Purchase price | ₹1,000,000 |
|---|---|
| Annual depreciation rate | 15% |
| Years owned | 5 |
| Value after depreciation | ₹4,43,705 |
|---|---|
| Total depreciation | ₹5,56,295 |
Results are estimates for educational use, not professional advice.
Key terms explained
- Depreciation
- The reduction in an asset's value over time as it is used or ages.
Frequently asked questions
Apply the annual rate to the falling value each year. A 10,00,000 car depreciating 15% a year is worth about 4,43,705 after 5 years.
Many cars lose the most in the first year, then 10–20% a year after. Rates vary by make, condition and mileage.
It is usually the biggest cost of owning a car, more than fuel or servicing, so it affects the true cost of ownership.
Buy models that hold value, keep mileage and condition good, and consider buying slightly used to skip the steepest first-year drop.
Enter the purchase price. Enter the annual depreciation rate. Enter the years owned. Read off your value after depreciation, together with total depreciation — the calculator updates automatically, with no button to press.
Related guides
Car Depreciation Table: Value after depreciation by Purchase price
Reference table of value after depreciation for Car Depreciation across a range of purchase price values — exact, engine-computed figures you can read off at a glance.
How to Calculate Car Depreciation: Formula, Steps & Examples
Learn how to calculate Car Depreciation — the formula explained step by step, with worked examples and a free calculator to check your answer.