How much might my vehicle depreciate?
As soon as you purchase a new car it loses value. New cars depreciate faster in the beginning than used cars. The longer you drive a car, the less impact depreciation will have on the resale value. Use this calculator to estimate how much your vehicle could depreciate each year.
This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.