Car Depreciation Calculator
Estimate what your car will be worth after a number of years and how much value it loses at a steady annual rate.
Recent
Formula
How the calculation works
Enter the showroom price, the expected annual depreciation percentage and the number of years you plan to keep the car.
The tool reduces the value by the same percentage each year by multiplying the price by one minus the rate over 100, raised to the number of years.
It subtracts the remaining value from the original price to show the total value lost over that period.
Common mistakes
- Using a flat 20 percent every year regardless of the brand, because some models hold value far better than the average.
- Forgetting that a serious accident or a missing service history drops the resale value below the smooth depreciation curve.
When to use it
- Use it before selling or buying a used car to judge whether the asking price is fair for the age.
- Use it to compare the long-run cost of two cars whose rates of value loss differ.
Worked example
A car bought for Tk 15,00,000 losing 15 percent a year is worth about Tk 9,21,188 after 3 years, so it has depreciated by Tk 5,78,812.
Common questions
How fast do cars lose value in Bangladesh?
Rebadged and locally assembled cars often lose around 10 to 15 percent a year, while popular Japanese models tend to hold value better than average.
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