📉 Car Depreciation Calculator

Depreciation is the single biggest cost of car ownership — yet most drivers don't think about it until it's time to sell. A new car can lose 20-40% of its value in the first year and up to 60-80% over five years. Our Car Depreciation Calculator helps you understand how much your car will be worth over time.

Whether you're buying a new car, selling your current one, or choosing between petrol and electric, understanding depreciation is essential. Electric vehicles typically depreciate faster initially but have lower running costs, while some petrol and diesel models hold their value better.

Our calculator uses real-world data to estimate depreciation based on:

• 💰 Purchase Price — The price you paid or plan to pay.
• 📅 Age — How old the car is (or will be).
• 📏 Mileage — Higher mileage means higher depreciation.
• 🚗 Vehicle Type — Different cars depreciate at different rates.

💡 Pro Tip: Cars lose approximately 20% of their value for every 20,000 miles driven. The biggest depreciation hit happens in the first year — buying a 1-2 year old car can save you thousands of pounds compared to buying new.