Car Value Over Time Calculator

Edmunds car depreciation infographic shows how fast a new car loses value over a five year period.
Car value over time calculator. Appraise your used car truck suv value and worth based on its year make model options mileage and overall condition at edmunds. Lets assume you were offered to buy a three year old car for 12000. You might be shocked at how much these depreciation costs add up throughout your lifetime not to mention how much of your potential future wealth you will. Just enter any two dates from 1913 to 2019 an amount and then click calculate.
Car depreciation calculator to calculate future value this car depreciation calculator will calculate the annual total and lifetime depreciation costs of buying a new or used vehicle. The average car depreciation rate is 14. No matter the buyers views on the environment driving a fuel efficient car will save money. Where a is the value of the car after n years d is the depreciation amount p is the purchase amount r is the percentage rate of depreciation per annum n is the number of years after the purchase.
The second method is estimating the initial value of the car. If you input the value into the 3 years box the car depreciation calculator will display the initial value of the car in this case over 20500. Typical car depreciation calculators can give you a rough idea of how much value a vehicle has lost over years. If you want more accurate information however you can rely on the carfax history based value tool.
About kelley blue book values. A p 1 r100 n. This time value of money calculator solves any tvm problem such as finding the present value pv future value fv annuity payment pmt interest rate or the no. Popular searches toyota tacoma honda cr v ford edge toyota camry nissan rogue.
Pmt over the next 10 years np 120 months in order to reach a savings goal of 150000 for his retirement. D p a. You can now compare it to the price of a brand new car. If you are a long distance commuter for work it might be worth paying more for a new vehicle to save on the cost of fuel.
The edmunds used car value calculator bases its pricing. For over 90 years kelley blue book has been the trusted resource for used car values helping car owners understand what their used car is worth. Example of time value of money calculations.