Vehicle Age & Depreciation Calculator

Calculate estimated market resale value and cumulative value loss of cars and motorcycles over 1 to 15 years.

Interactive Vehicle Age & Depreciation Calculator
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Formula & Calculation Methodology

Written Down Value (WDV) Depreciation: Value = Original Price × (1 − r)^Age, where r is annual depreciation rate (typically 15%-20%).

V = P 	imes (1 - r)^t

Step-by-Step Worked Example

Original Car Price: ₹12,00,000 | Vehicle Age: 4 Years | Depreciation Rate: 15% per annum (WDV)

  1. 1. Year 1 Value = 12,00,000 × (1 - 0.15) = ₹10,20,000
  2. 2. Year 2 Value = 10,20,000 × 0.85 = ₹8,67,000
  3. 3. Year 3 Value = 8,67,000 × 0.85 = ₹7,36,950
  4. 4. Year 4 Value = 7,36,950 × 0.85 = ₹6,26,408
  5. 5. Total Depreciation Loss = ₹12,00,000 - ₹6,26,408 = ₹5,73,592
Result: Current Estimated Resale Value: ₹6,26,408 | Total Depreciation Loss: ₹5,73,592 (47.8%)

Estimate Used Car and Bike Resale Value in India

Calculate realistic fair market resale value and cumulative value erosion of used cars (Maruti, Hyundai, Tata, Mahindra, Honda) and motorcycles across 1 to 15 years.

Frequently Asked Questions

What is the standard car depreciation rate in India?

Cars typically lose 15% to 20% value per year in India using Written Down Value (WDV).

How much value does a new car lose in the first year?

A brand new vehicle loses approximately 15% to 20% of its on-road value the moment it is registered and driven out of the showroom.

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