Enter the initial car value, time the car has been owned, and the current car value into the car depreciation calculator. The calculator will display the average depreciation per year the car has undergone.

## Car Depreciation Formula

The following formula is used to calculate the average percent yearly depreciation of a car.

D = [(IV – CV) / N]/IV*100

- Where D is the % deprecation per year
- IV is the initial value
- CV is the current value
- N is the number of year owned

How to calculate the depreciation on a car

**First, determine the initial value of the car**This will be the purchase price of the car, or the market price of the car at the time of purchase.

**Next, determine the current value of the car**Using a website like kelly blue book, or an appraiser, determine the current value of the car.

**Calculate the depreciation**Using the values from steps 1 and 2, as well as the total years owned, enter the information into the formula or calculator to determine the average depreciation per year.

## FAQ

**What is a car depreciation?**

A depreciation is a term used in finance to describe the decreasing value of an asset due to wear and usage. For example, as cars age, they become less reliable and therefore less desirable. This leads to a decrease in cost.

**How can i lower depreciation on my car?**

Through proper maintenance any asset can hold it’s value better than without any work at all.

**Why do car depreciate?**

Cars depreciate because over time they become less reliable and start to break down. No one wants a car that’s going to break down, which drives down the value.

## Related Terms

car depreciation calculator |

how to calculate car depreciation |

car depreciation formula |

car depreciation chart |

vehicle depreciation calculator |

car depreciation calculator by model |

business vehicle depreciation calculator |

auto depreciation calculator |

car value depreciation calculator |

diminishing value calculator |

used car depreciation calculator |

how to calculate vehicle depreciation |

car depreciation calculator tax |

car future value calculator |

vehicle depreciation chart |

irs vehicle depreciation calculator |

new car depreciation calculator |

car price depreciation calculator |

how to calculate depreciation on vehicle |

car depreciation calculator by brand |

car depreciation calculator online |

how to calculate car depreciation for taxes |

estimate car depreciation |

car mileage depreciation calculator |

section 179 vehicle calculator 2018 |

car value depreciation chart |

car depreciation table |

vehicle depreciation calculator south africa |

car depreciation equation |

car depreciation rate calculator |

automobile depreciation calculator |

car depreciation calc |

how to work out depreciation on a car |

future value of my car |

motor vehicle depreciation calculator |

mileage depreciation calculator |

how to calculate vehicle depreciation for taxes |

how to calculate depreciation value of a car |

how to calculate depreciation of a car after an accident |

car depreciation calculator per mile |

car value depreciation formula |

vehicle tax depreciation calculator |

how car depreciation is calculated |

vehicle depreciation formula |

depreciation per mile calculator |

car loan depreciation calculator |

how to compute depreciation of car |

depreciation graph car |

business vehicle depreciation calculator 2018 |

omni calculator car depreciation |

omni car depreciation calculator |

irs car depreciation calculator |

how to calculate depreciation value of a car after an accident |

estimate depreciation of car |

vehicle depreciation calculator excel |

car depreciation formula math |

how is vehicle depreciation calculated |

kelley blue book depreciation calculator |

how do you calculate depreciation on a vehicle |

how to determine car depreciation |

how to figure out depreciation on a car |

how to determine depreciation value of a car after an accident |

new vehicle depreciation calculator |

vehicle depreciation calculator nz |

vehicle depreciation calculator irs |

company car depreciation calculator |

depreciation of a car calculator |

depreciating assets calculator |

how to estimate car depreciation |

calculate my car depreciation |

car devaluation calculator |

depreciation calculator car australia |

how to work out vehicle depreciation |

calculating car depreciation for tax purposes |

depreciation percentage for vehicles |

how do i calculate depreciation on my car |

commercial vehicle depreciation calculator |

auto depreciation chart |

car cost depreciation calculator |

how to find depreciation of a car |

car depreciation calculator by make and model |

how to calculate truck depreciation |

how to find the depreciation rate of a car |

how to find depreciation value of car |

work out depreciation on a car |

how to calculate car depreciation for tax australia |

second hand car depreciation calculator |

annual car depreciation calculator |

how to work out car depreciation for tax australia |

macrs vehicle depreciation calculator |

business car depreciation calculator |

depreciation on a car can be determined by the formula |

how to calculate car price depreciation |

how to determine salvage value of a car for depreciation |

how to calculate decline in value of car |

how to calculate depreciation car |

yearly depreciation calculator car |

kbb depreciation calculator |