Vehicle Depreciation
Calculate vehicle depreciation using Original price, Annual depreciation %, Years. See the method, result interpretation, practical checks and related calculators in one place.
Formula / method
price*Math.pow(1-rate/100,years)
How to use
Use realistic distance, efficiency, price, speed and financing assumptions rather than best-case values.
What this calculator answers
The Vehicle Depreciation uses Original price, Annual depreciation %, Years to calculate the requested result. The core method is price*Math.pow(1-rate/100,years). This makes the assumptions visible so you can check whether the inputs match your situation.
How to get a useful result
Use realistic distance, efficiency, price, speed and financing assumptions rather than best-case values.
How to interpret it
Real travel and vehicle costs can also include taxes, tolls, charging losses, maintenance, insurance, depreciation and traffic.
Before relying on the number
Recheck unusual inputs, confirm units and compare the result with any official quote, statement, specification or rule that applies to the real decision. Small changes in rates, time periods or measurements can materially change some results.