Calculate car depreciation by make or model. See new and used pricing analysis and find out the best model years to buy for resale value.Cars with the Best Resale Value · Comparison Tool · Honda Civic Depreciation
How do you calculate the residual value of a car?
Calculating residual value requires two figures namely, estimated salvage value and cost of asset disposal. Residual value equals the estimated salvage value minus the cost of disposing of the asset.
How much will my car be worth after 3 years?
After one year, your car will probably be worth about 20% less than what you bought it for. AFTER FIVE YEARS: After that steep first-year dip, that new car will depreciate by 15–25% every year until it hits the five-year mark. So, after five years, that new car will lose around 60% of its value.
How much will my car be worth in the future?
Most brand-new vehicles lose around 10% of their value as soon as they're driven from the dealership and a further 10-20% before the end of the first year. After that, the depreciation levels out to between 15% and 25% per year, for an average loss of 60% by the third year.