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1 Car Depreciation: How Much Is Your Car Worth? - Ramsey
https://www.ramseysolutions.com/saving/car-depreciation
After that steep first-year dip, that new car will depreciate by 15–25% every year until it hits the five-year mark. How to Reduce Your Car's Rate of ...
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2 How to Beat Car Depreciation - Kelley Blue Book
https://www.kbb.com/car-advice/how-to-beat-car-depreciation/
What years do cars depreciate the most? ... Buyers can expect most vehicles to lose about 20% of their original value during the first year. The loss continues a ...
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3 What Is Depreciation on a Car? - Experian
https://www.experian.com/blogs/ask-experian/what-is-depreciation-on-a-car/
New cars depreciate faster than used cars, with the value of a new car typically dropping by over 20% after the first year ownership then ...
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4 Managing the Hidden Costs of Car Depreciation - NerdWallet
https://www.nerdwallet.com/article/insurance/car-depreciation
Depreciation begins as soon as you drive off the lot. Your car's value decreases around 20% to 30% by the end of the first year. From years two ...
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5 What Is Car Depreciation & How Does it Work? - Progressive
https://www.progressive.com/answers/what-is-car-depreciation/
Car depreciation is the rate at which your vehicle loses its value over time. After five years, vehicles can lose roughly half their value, although some models ...
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6 Why Does a New Car Lose Value After It's Driven off the Lot?
https://www.carsdirect.com/used-car-prices/why-does-a-new-car-lose-value-after-its-driven-off-the-lot
A new car depreciates or loses value almost immediately after you drive it off a dealer's lot. As a quick rule of thumb, a car will lose between 15% and 20% of ...
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7 A Hack for Beating Car Depreciation - Edmunds
https://www.edmunds.com/car-buying/drive-a-nearly-new-car-for-almost-free.html
According to Edmunds data, the first year is the most devastating for the value of most new cars. Take as an example one of the best-selling ...
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8 Car Depreciation: How Much It Costs You - CARFAX
https://www.carfax.com/blog/car-depreciation
According to industry experts, the value of a new vehicle drops by about 20% in the first year of ownership. Over the next four years, you can ...
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9 The Best Time To Buy And Sell A Used Car: Understanding ...
https://www.ridetime.ca/blog/the-best-time-to-buy-and-sell-a-used-car-understanding-depreciation/
The answer is, again, given to us thanks to the depreciation curve. Counterintuitively, depreciation becomes steeper after a car is about 5 ...
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10 Car depreciation - how quickly do new cars lose value? - AA
https://www.theaa.com/car-buying/depreciation
The average new car will have a residual value of around 40% of its new price after three years (assuming 10,000 miles/year) or in other words will have lost ...
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11 Car Depreciation Rates | Direct Express Auto Transport
https://www.autotransportdirect.com/cars-depreciate-quicker-than-you-think/
Five years down the road both literally and figuratively, the average depreciation cars fell to a True Market Value of 40%. Do you notice a pattern? Every year ...
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12 How Is Car Depreciation Calculated? - Credit Karma
https://www.creditkarma.com/auto/i/how-is-car-depreciation-calculated
How much does a car depreciate each year? ... Depreciation begins as soon as you drive off the dealership lot. A car can lose 20% or more of its ...
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13 Depreciation - what is it, and how do I avoid it? - What Car?
https://www.whatcar.com/advice/buying/depreciation-what-is-it-and-how-do-i-avoid-it/n1122
Most cars lose between 50% and 60% of their value in the first three years of ownership. The rate of depreciation depends on several factors, ...
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14 What is Depreciation on a Car? - Suntrup Automotive Group
https://www.suntrup.com/finance/car-buying-tips/what-is-depreciation-on-a-car/
So, what is depreciation on a car? Depreciation is the decrease of a vehicle's value. If you buy a new car, depreciation starts as soon as you drive off the lot ...
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15 Inventory Shortage: Buy Now or Wait to Save on a Car? | News
https://www.cars.com/articles/inventory-shortage-buy-now-or-wait-to-save-on-a-car-451134/
New-car depreciation rates vary widely, but under normal circumstances, a new vehicle loses an average of 20% of its value after the first year ...
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16 Car depreciation explained - MoneyHelper
https://www.moneyhelper.org.uk/en/everyday-money/buying-and-running-a-car/car-depreciation-explained
Fuel is likely to be your biggest day-to-day car running expense, but the real cash-burner is depreciation. According to research by CAP Automotive, ...
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17 Why Do New Cars Depreciate So Quickly - Instamotor
https://instamotor.com/sell-car/car-value/why-new-cars-depreciate-so-quickly
First, let's talk about what depreciation actually is. We put together a long list of terms you need to know when you go about buying a new or used car.
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18 What Mileage Does a Car's Value Depreciate?
https://www.directcarbuying.com/blog/what-mileage-does-a-cars-value-start-to-depreciate
Unfortunately, Depreciation begins right when your drive a new car off the lot. Directcarbuying.com explains why and which cars have the ...
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19 Car Depreciation Calculator - Omni Calculator
https://www.omnicalculator.com/finance/car-depreciation
How fast does the car value decrease? · After a year, your car's value decreases to 81% of the initial value. · After two years, your car's value ...
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20 What Is Car Depreciation, and Why Does It Matter? - Capital One
https://www.capitalone.com/cars/learn/getting-a-good-deal/what-is-car-depreciation-and-why-does-it-matter/1040
It's a term to describe how much value your car loses over time. Why should car depreciation matter to me? Cars depreciate quickly, often as much as 20-25% ...
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21 A Guide to Car Depreciation | AMT Leasing
https://www.amtauto.co.uk/knowledge-base/lease/a-guide-to-depreciation
The rate of depreciation typically slows with age. On average, a car depreciates by 15-25% in the first year and up to 60% over three years, assuming it travels ...
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22 New vs. Used Car Depreciation Guide - AARP
https://www.aarp.org/auto/car-buying/new-vs-used-car-depreciation/
When a vehicle loses little value in its first year, a new one is a good bet. Sometimes a car holds its value if it was recently redesigned or had other changes ...
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23 Do new cars really depreciate by 30 per cent when you drive ...
https://www.theglobeandmail.com/drive/mobility/article-do-new-cars-really-depreciate-by-30-per-cent-when-you-drive-them-off/
During the first year, the average depreciation for new cars is around 30 to 40 per cent, but most lose less and some lose more.
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24 How Much Does a Car Depreciate per Year? - Birchwood Credit
https://www.birchwoodcredit.com/blog/how-much-does-a-car-depreciate/
Depreciation is a way of measuring how much value your vehicle loses over time. Newer cars tend to depreciate at a faster rate than used ones.
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25 Car Depreciation Calculator - CarEdge
https://caredge.com/depreciation
Depreciation is what makes cars so expensive to own. They rarely increase in value, but instead, can decrease significantly over your ownership period.
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26 Car Depreciation Guide | Budget Direct
https://www.budgetdirect.com.au/car-insurance/guides/car-buying/car-depreciation.html
Cars with typical depreciation rates might lose up to 58% of their value in three years, 49% in four years and 40% in five years. And because car manufacturers ...
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27 Your new car used to depreciate in value the second you ...
https://ktla.com/morning-news/your-new-car-used-to-depreciate-in-value-the-second-you-drove-it-off-the-lot-not-anymore/
Before the pandemic, according to the firm, new cars would drop in value by about 33% during their first year on the road and would continue ...
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28 Off the Lot: Why Cars Depreciate - Auto | HowStuffWorks
https://auto.howstuffworks.com/under-the-hood/cost-of-car-ownership/car-depreciation1.htm
The standard for car depreciation is that all cars, in general, lose about 15 to 20 percent of their value each year. So a car that's three ...
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29 Car Depreciation : Is It a Necessary Evil or Not? - Way
https://www.way.com/blog/car-depreciation/
Car depreciation is the loss in value from the time of purchase to the time of sale. Unlike houses, which tend to increase in value over time, automobiles ...
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30 How Much Money Will I Lose Buying a New Car? - DriveNation
https://www.drivenation.ca/blog/depreciation-vehicle-much-money-will-lose-buying-new-car/
Based on present rates of depreciation, up to 20% can be lost from the value of a new car within the first year of its purchase. However, barely 10% is lost ...
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31 Car Depreciation: Explained with Charts | webuyanycar
https://www.webuyanycar.com/how-to-beat-depreciation/
Generally speaking, the average car loses 20% of its value in the first year alone. Depreciation in most cases does slow down after the initial ...
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32 Do New Cars Depreciate More Than Used Cars?
https://budgeting.thenest.com/new-cars-depreciate-used-cars-21630.html
New cars depreciate in value as soon as you drive them off the dealer's lot. Depreciation is steepest in the first year of car ownership, tapering off the ...
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33 Car Depreciation Calculator - Nationwide
https://www.nationwide.com/lc/resources/auto-insurance/articles/car-depreciation-calculator
Car depreciation refers to the rate at which your car loses its value from the first year you bought it. In fact, the cost of your new car drops as soon as ...
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34 How Does Vehicle Depreciation Work - Auto Pedigree
https://www.autopedigree.co.za/used-car-guide/How-Does-Vehicle-Depreciation-Work/50
Not all cars have the same rate of depreciation but most cars depreciate at a rate of about 15 – 30% a year. However, the first year of ownership accrues the ...
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35 The Average Depreciation Rate of a Vehicle
https://smallbusiness.chron.com/average-depreciation-rate-vehicle-64934.html
While different cars depreciate at different rates, it's a good rule of thumb to assume that a new car will lose approximately 20 percent of its value in the ...
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36 Car Depreciation for Taxes: The Ultimate Guide | Keeper
https://www.keepertax.com/posts/car-depreciation-tax
For tax purposes, the IRS generally considers five years to be standard for most vehicles. (In other words, your car has the life expectancy of a guinea pig).
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37 Car Depreciation Guide | Jamjar
https://www.jamjar.com/value-my-car/car-valuation-guidance/car-depreciation-guide/
What is car depreciation? Well, it's basically what it says on the tin. It's all about your car's market value. From the moment you drive your new car away ...
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38 5 Factors that Determine Car Trade-In Value - Dent Wizard
https://www.dentwizard.com/selling-a-car-determine-car-trade-in-value.aspx
Car depreciation happens and it happens quickly. It has been said time and again that the second you shake your car dealers' hand and drive off the lot your ...
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39 When does car value depreciate the most? - Quora
https://www.quora.com/When-does-car-value-depreciate-the-most
Yes new cars depreciate the most, generally in the first 2–3 years. Great that's answered. A car depreciates the least when it's really old (like 10 years +).
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40 Guide to Car Depreciation - Chase Bank
https://www.chase.com/personal/auto/education/selling/car-depreciation-value
Car depreciation is unavoidable, but it can be mitigated. Cars wear and tear over time, much like people do. However, regular maintenance and proper care of ...
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41 Car Depreciation: The Facts, Stats, and How To Calculate It
https://www.carloanscanada.com/blog/understanding-car-depreciation
Most cars depreciate by 10% the moment they're driven off the dealership lot, followed by an additional 10-20% after one year. After the first ...
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42 Do All Cars Depreciate Over Time? (Explained)
https://motorandwheels.com/cars-depreciation-over-time/
Cars depreciate differently based on model, mileage, maintenance, etc. But on average terms, your car loses about 10% of its worth after about ...
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43 Why Do New Cars Lose Value So Quickly: Depreciation
https://www.sellyourcar2jack.com/blog/why-do-new-cars-lose-value-quickly
Car depreciation is the difference between a car's value when you buy it and when you come to sell it. As soon as you drive your shiny new car away from the ...
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44 How To Prevent Depreciation on Used Cars - Kings Toyota
https://www.kingstoyota.com/blog/2021/september/2/prevent-depreciation-used-cars.htm
A new car can depreciate as much as 30% in the first year alone, depending on the vehicle. During years two and three, the average vehicle depreciates at a much ...
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45 What Is Car Depreciation? - Lemonade Insurance
https://www.lemonade.com/car/explained/car-depreciation-2/
What makes a car depreciate? · The brand and type of car will have a big impact on vehicle depreciation. · If you purchase a great car that was made in an off ...
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46 How to Minimize Car Depreciation | State Farm®
https://www.statefarm.com/simple-insights/auto-and-vehicles/how-to-minimize-car-depreciation
Consider a used car - The depreciation rate is faster for new cars than used cars. Typically, depreciation happens at a rate of 20% the first year, plus another ...
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47 Car Depreciation - UK Market Guide (2022 Update) - Motorway
https://motorway.co.uk/sell-my-car/guides/car-depreciation-guide
If you estimated the typical lifespan of a car to be 20 years, the average depreciation every year would actually be a 15% drop every 12 months. Car ...
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48 How Fast and Why Do Vehicles Depreciate? - Auto Approve
https://autoapprove.com/resource-detail/car-depreciate-why
What exactly is depreciation? Car depreciation is the difference between how much your car was originally worth and how much it is worth ...
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49 How Much Does a New Car Depreciate After Driving off the Lot
https://www.professorshouse.com/how-much-does-a-new-car-depreciate-after-driving-off-the-lot/
New cars lose approximately 20% of their value in their first year. How much is that in dollars? Well, a $40,000 car loses around $8,000 the moment you drive it ...
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50 Car Depreciation Rate And Maintaining Your Car's Value
https://www.clevergirlfinance.com/blog/car-depreciation/
Depreciation on a car, specifically, is known for its significant depreciation the moment it is driven off the lot. On average, a car will ...
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51 Car Deprecation | What Cars Depreciate The Least And Most?
https://www.thinkinsure.ca/insurance-help-centre/car-deprecation.html
How Much Do New Cars Depreciate Per Year?
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52 Understanding Car Depreciation - Bankrate.com
https://www.bankrate.com/insurance/car/understanding-car-depreciation/
Do all cars depreciate alike? ... No. Depreciation depends on a number of factors, including the quality of the components that went into building ...
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53 How Much Does a New Vehicle Depreciate Every Year?
https://www.motorbiscuit.com/new-vehicle-depreciation/
According to Edmunds, new vehicles typically depreciate 23.5% from their original sales value within the first year of ownership. Within the ...
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54 How Fast Do New Cars Depreciate? - Carmoola
https://www.carmoola.co.uk/blog/new-car-depreciation
Depreciation happens when the car starts losing value. But how fast do cars lose money? A car's depreciation is the change between its value ...
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55 How And Why Do Cars Lose Value When You Drive Them Off ...
https://www.globalbrandsmagazine.com/how-and-why-do-cars-lose-value-when-you-drive-them-off-the-lot/
The biggest depreciation hit happens right after you buy the car. In most cases, the car will depreciate between 9-11% of its value the minute after you drive ...
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56 These 10 used cars have held their value the most - CNBC
https://www.cnbc.com/2022/11/11/these-10-used-cars-have-held-their-value-the-most.html
The average 5-year-old car in 2022 has depreciated by 33.3%, although some models have fared far better, new research shows.
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57 Car Depreciation: How Much Have You Lost? | Trusted Choice
https://www.trustedchoice.com/insurance-articles/wheels-wings-motors/car-depreciation/
Yes, this is true. The second you drive a new car off the lot it will depreciate by as much as 11% of its value, and can lose up to 30% ...
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58 How Do You Slow Vehicle Depreciation? - Forbes Wheels
https://www.forbes.com/wheels/advice/how-do-you-slow-vehicle-depreciation/
Your vehicle likely will have lost 20% of the value of the purchase price by the end of your first year of ownership, according to most industry ...
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59 Understanding Car's Depreciation: Why vehicles drop in value
https://amanandhisgear.com/understanding-cars-depreciation
As most people know, cars are a depreciating asset. A brand-new car will lose about 10% of its value the minute you drive it off the lot. When do cars stop ...
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60 Research: Which cars suffer from depreciation the most?
https://www.carvertical.com/blog/research-which-cars-suffer-from-depreciation-the-most
A car depreciation rate is a difference between the retail price of a vehicle and its value at the time of selling. If you've bought a car for ...
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61 How Much Does a New Car Depreciate? - Auto.com
https://www.auto.com/advice/car-depreciation-how-much-does-a-new-car-depreciate
Depreciation is most rapid in the first year of ownership, but it actually hits the hardest in the first minute. In fact, a new car will typically lose about 10 ...
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62 Car Depreciation Calculator
https://goodcalculators.com/car-depreciation-calculator/
The average car depreciation rate is 14% per year. If you purchase a car for $29000, what is the approximate value of the car after 5 years? Solution: P = ...
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63 When will your used car lose value? - Motors
https://news.motors.co.uk/when-will-your-used-car-lose-value/
Car depreciation starts the very moment you buy a new vehicle and drive it off the dealership's forecourt onto the road. From then on, the car ...
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64 Car Value vs Truck Value: Comparing How They Depreciate
https://www.sofi.com/learn/content/truck-value-vs-car-value/
The rate of depreciation will vary depending on the make and model of a car. However, the first year tends to see the greatest depreciation, ...
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65 Car Depreciation - How Much Does a Car Lose Value?
https://www.quickcarfinance.co.uk/guides/how-much-does-a-car-lose-in-value
A car will depreciate in value around 10% to 40% in its first year, and typically up to 50% or more over three years. Read our full guide from Quick Car ...
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66 Top 10 Cars That Hold Their Value The Best - iSeeCars.com
https://www.iseecars.com/cars-that-hold-their-value-study
Rank, Model, Depreciation ; 1, Volkswagen Tiguan, 42.1% ; 2, GMC Terrain, 39.9% ; 3, Chevrolet Equinox, 39.5% ; 4, Ford Escape, 39.3%.
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67 Car Depreciation – What affects it, and how to avoid it
https://www.wewantanycar.com/guides/car-depreciation-factors
It's worth knowing that depreciation does slow down as a vehicle gets older. So it can be that purchasing a nearly new car (perhaps one to two years old) ...
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68 The best and worst cars for depreciation | WANE 15
https://www.wane.com/news/the-best-and-worst-cars-for-depreciation/
The average car depreciation over the first five years is 40.1 percent, and the five-year-old cars with the best resale value depreciate 1.6 to ...
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69 How to Calculate Your Car's Depreciation Rate
https://www.autocreditexpress.com/blog/how-to-calculate-your-car-s-depreciation-rate/
Calculating Your Car's Depreciation · Average annual value lost: $2,858.67 · First year depreciation: $3,900.00 · Total depreciation: $14,293.38 · Total ...
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70 How car depreciation works - Consumer NZ
https://www.consumer.org.nz/articles/how-car-depreciation-works
The amount and rate of depreciation isn't the same for all cars: fuel guzzlers, luxury brands and models with a reputation for poor reliability depreciate ...
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71 What Is Car Depreciation? - The Balance
https://www.thebalancemoney.com/what-is-car-depreciation-5192699
How Does Depreciation Affect Car Insurance? · Actual cash value (ACV): Pays you the amount your vehicle is worth at the time of a total loss, ...
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72 What Is Car Depreciation? Definition & Examples
https://lanterncredit.com/auto-loans/car-depreciation
Car depreciation is when the resale value of your car goes down due to operational usage and other factors. Learn why some cars depreciate ...
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73 Cars That Depreciate the Most in Value - Investopedia
https://www.investopedia.com/financial-edge/1012/cars-that-depreciate-in-value-the-most.aspx
Luxury sedans make up four of the top five cars that depreciate the fastest. The top car with the fastest deprecation is the BMW 7 Series. This car has an ...
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74 Depreciation: What Does it Mean for YOUR Vehicle? - Gauge
https://www.sellgauge.com/post/top-7-times-when-waiting-to-sell-your-vehicle-pays-off
Depreciation refers to the difference between how much your car was worth when you purchased it and how much it's worth when you decide to ...
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75 What is Depreciation? | Autobytel.com
https://www.autobytel.com/car-financing/lease-a-car/what-is-depreciation-100520/
But what is the depreciation rate for automobiles? The car depreciation rate is around 15-20% each year. However, new cars depreciate a lot more in their first ...
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76 Explaining Car Depreciation | Finance Help | VWFS UK
https://customer.vwfs.co.uk/car-finance-options/helping-you-choose/car-depreciation-explained.html
What depreciates a car's value? ... There are lots of factors involved in a car's depreciation, with the biggest being its age. A new car will start to depreciate ...
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77 Depreciation for Cars (Definition) - WallStreetMojo
https://www.wallstreetmojo.com/depreciation-for-cars/
Depreciation for cars means a reduction in the value of the cars throughout their life; the depreciation rate is very high for new cars and may be different ...
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78 How car depreciation affects the value of a car - Cars.co.za
https://www.cars.co.za/motoring-news/how-car-depreciation-affects-the-value-of-a-car/73127/
How does car depreciation affect you? · Depreciation is the largest expense you will incur over a five year car ownership period, · Most cars ...
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79 10 Cars With the Fastest Depreciation | U.S. News
https://cars.usnews.com/cars-trucks/advice/cars-with-the-fastest-depreciation
The average depreciation over five years for all types of vehicles is 49.1%. Most cars will lose about half of their value over that time. The cars on this list ...
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80 Calculate Car Depreciation By Make and Model
https://www.themoneycalculator.com/vehicle-finance/calculators/car-depreciation-by-make-and-model/
DS Automobiles50% average 3 year depreciation · Ferrari15% average 3 year depreciation · Fiat40% average 3 year depreciation · Ford40% average 3 year ...
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81 Everything You Need To Know About Car Depreciation
https://www.motorama.com.au/blog/buyer-advice/what-you-need-to-know-about-car-depreciation/
Car depreciation refers to the difference in car value between the point of purchase and the point at which you want to sell it. In simple terms, it is a ...
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82 What is Car Depreciation? - Car and Driver
https://www.caranddriver.com/research/a31481267/car-depreciation/
Car depreciation is an unseen force that impacts every vehicle, whether you buy it new or used. It is how much your car loses in value every ...
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83 Car Depreciation Explained - CarChase Insights
https://carchase.com.au/resources/car-valuation-guide/car-depreciation-explained/
A car with a typical rate of depreciation loses up to 58% of its initial value after three years, 49% in four years and 40% after five years. Certain vehicle ...
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84 What is Car Depreciation and How to Calculate It? - Autolist
https://www.autolist.com/guides/car-depreciation
When Does a Vehicle Depreciate Most? ... While all vehicles depreciate throughout the life of the car, there are certain milestones when ...
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85 What Are the Different Motor Car Depreciation Rates?
https://www.gigacalculator.com/articles/what-are-different-motor-car-depreciation-rates/
In a healthy economy, car values behave exactly as most people expect. A new car has a value that depreciates as soon as it has been driven off ...
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86 Do electric cars depreciate? | Guides - DriveElectric
https://www.drive-electric.co.uk/guides/general/do-electric-cars-depreciate/
Put simply, depreciation is the difference between the value of a car when you buy and sell it. Different cars depreciate at different rates, with the ...
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87 What is car depreciation? - loans.com.au
https://www.loans.com.au/car-loans/how-does-car-depreciation-work
Car depreciation refers to the difference in car value between the point of purchase and the point at which you want to sell it. Quite simply, car depreciation ...
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88 New car depreciation and the savings of buying used
https://blog.carvana.com/2020/03/new-car-depreciation-and-the-savings-of-buying-used/
Depreciation for cars happens primarily across the board because of age and wear and tear, but other factors also affect the value of vehicles.
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89 How Does Car Depreciation Work? - Automart.Ph
https://automart.ph/blog/car-depreciation-philippines
How much does a car depreciate per year? ... After the first year, a car loses an average of 15% of its value yearly. Some models can do better and lose only ...
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90 Car depreciation guide - Coverage.com
https://www.coverage.com/insurance/auto/car-depreciation/
Depreciation is the rate at which a car loses value. In other words, it's the difference between what your car was originally worth at the time ...
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91 Car Depreciation: Mileage vs Age vs Condition
https://www.conceptcarcredit.co.uk/car-depreciation-mileage-vs-age-vs-condition/
Let's begin our journey with age. Age, after all, is the primary determinant of depreciation. Typically, in used car lists, you will find the ...
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92 Car Depreciation Explained - YouTube
https://www.youtube.com/watch?v=hGIvozS3-J4
TruFinancials
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93 Car Depreciation: What Every Car Buyer Needs to Know
https://www.rategenius.com/car-depreciation
Car depreciation measures the drop in value of a vehicle over time. So, if you purchased a new vehicle three years ago for $20,000 and it's ...
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94 Car depreciation – What is it and how can I avoid it?
https://becarwise.com.au/car-depreciation-can-avoid/
Did you know your new car loses 10-11% of its value the moment you drive it out of the dealership? In fact, according to consumer watchdog Choice, new cars ...
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95 How Much a New Car Really Depreciates Over Time
https://www.gobankingrates.com/saving-money/car/how-much-car-will-depreciate-over-years/
Cars That Cost $10,001 to $15,000 · Car's value after 1 year: $7,500 to $11,250 · Car's value after 2 years: $6,600 to $9,900 · Car's value after 3 ...
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96 How Car Depreciation Affects Your Car's Value | Finder Canada
https://www.finder.com/ca/what-is-car-depreciation
Cars depreciate the most in the first year, but level out in the following years. The average depreciation rate of a new car is 25% by the end ...
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97 Car Depreciation Calculator - Policybazaar
https://www.policybazaar.com/motor-insurance/car-insurance/depreciation-calculator/
Rate of Car Depreciation in India ; 6 months – 1 year, 15% ; 1 year – 2 years, 20% ; 2 years – 3 years, 30% ; 3 years – 4 years, 40%.
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