Vehicle depreciation calculator for cars, vans and trucks
What a vehicle will be worth after a few years at a yearly depreciation rate, what it loses per mile, and the rate your own vehicle has been losing value at.
Your numbers
Project the valueYour vehicle’s real rate See your resultResult
Value in 5 years $19,967$25,033 lost, 56% of the price Average loss per year $5,007 Depreciation per mile $0.20 Your vehicle’s yearly rate 12.6%$45,000 to $30,000 in 3 years Stop working this out by handFleetZap keeps each vehicle’s odometer, documents and every repair cost in one record, so keep-or-replace decisions rest on real numbers.
See FleetZap Maintenance · Try the demoThe formula
Value after n years = Price × (1 − Yearly rate)^n · Real rate = 1 − (Value today ÷ Price paid)^(1 ÷ Years)
Vehicles lose value fastest in the first years, so a fixed percentage of what’s left each year fits better than a straight line. With the example: $45,000 at 15% a year is worth about $19,970 after 5 years. Use your own resale data or used-vehicle guides for the rate; mileage and condition move it a lot. This is a market-value estimate, not tax depreciation; for that, see the MACRS calculator.
Using the numberWhat to do with it
- Add depreciation per mile to fuel and maintenance per mile to see what a vehicle really costs to run.
- High-mileage vehicles lose value faster; a vehicle that racks up miles may be worth replacing sooner.
- Service records add resale value. Keep them per vehicle, not in a drawer.
Guides behind this calculator
When to replace equipment Equipment lifecycle cost Asset lifecycle managementMore free calculators
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The heart of FleetZap, and everything a maintenance team needs in one place: work orders and preventive maintenance, inspections and the field app, plus a parts store with purchasing, compliance and certificate tracking, multi-location assets with a full lifecycle, and the KPIs that prove it’s working.
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Good to know
How do you calculate vehicle depreciation?Value after n years = price × (1 − yearly rate)^n. A $45,000 vehicle losing 15% a year is worth about $19,970 after 5 years.
How fast do vehicles depreciate?It depends on the make, model, mileage and condition; most lose the most value in the first few years. Use resale data for your model rather than a general rate.
How do I find my vehicle's actual depreciation rate?Rate = 1 − (value today ÷ price paid)^(1 ÷ years owned). A $45,000 vehicle worth $30,000 after 3 years has lost about 12.6% a year.
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