Worked example
A $30,000 vehicle depreciating by an assumed 14% each year has a projected value of about $14,113 after five years.
Assumptions and limits
A simplified declining-balance estimate. Actual resale value depends on make, model, mileage, condition, demand, location and market changes.
Frequently asked questions
How much will my car be worth after several years?
This calculator applies the annual depreciation rate you choose to the prior year’s estimated value. It is not a market valuation or a guarantee of resale price.