How Much a $40,000 Truck Loses in 5 Years: $21,600
A $40,000 truck depreciates to $18,400 after 5 years — a total loss of $21,600. See the year-by-year value curve. Free car depreciation calculator.
Frequently asked questions
How fast does a car lose value?
A new car often loses 20% or more of its value in the first year and around 60% over five years. The steepest drop happens early, which is why buying slightly used can avoid the worst of the depreciation curve.
What factors affect a vehicle's depreciation?
Depreciation depends on the make and vehicle type, mileage, age, and condition. Trucks and some SUVs often hold value better than luxury cars. This calculator estimates the value curve based on vehicle type and years of ownership.
Why does depreciation matter when buying a car?
Depreciation is often the largest cost of car ownership — bigger than fuel or maintenance. Knowing how much value a car will lose helps you compare models and decide whether to buy new or used. This calculator projects that loss over time.