Is the Car Depreciation Calculator free?
Yes. It is completely free, with no sign-up, no watermark, and no usage limits.
Does it use a specific currency?
No. Amounts are currency-neutral and use the same unit across all inputs, so it works in any country.
How fast do cars depreciate?
A common rule of thumb is about 20% in the first year and roughly 15% a year after that, so a $40,000 car is worth around $23,000 at three years and about $16,700 at five. Brand, mileage and condition move real values a lot.
Which cars hold their value best?
Trucks, sports cars with strong followings and models with reputations for reliability tend to lose value slowest; luxury sedans and EVs with fast-moving technology often lose it fastest.