Vehicle Depreciation Calculator


Calculating vehicle depreciation is vital if you are planning to sell any of your old vehicles you own. By calculating the vehicle depreciation you will be able to find the current value of your vehicle. This can be done when you know the original cost of your vehicle, the rate of depreciation per year and the number of years of the vehicle from purchase.

Formula to calculate vehicle depreciation is given by:

Vehicle Depreciation Formula


where,
V is the value of the car after t years
C is the original cost
r the rate of depreciation
t = Number of years from purchase

Use our below online vehicle depreciation calculator to calculate the current value of your bike, suv, van, truck etc. Enter the original cost, rate of depreciation and number of years from purchase and click calculate in the solver to get the answer.


Original Cost of the Vehicle (C): [$]
Rate of Depreciation per Annum (r): [%]
Number of Years from purchase (t): [Yrs]
Current Value of your Vehicle (V): [$]






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