What Will Your Car Be
Worth?
DEPRECIATION
ESTIMATOR
This calculator estimates what the car you
are buying (or the car you own now) will be worth at some future point. To
use it:
- In "Car Price," enter the total price of
the car when it was purchased.
- In "Yr. Old When Purchased" enter the
number of years old the car is now. Enter any whole or decimal
number (e.g., 1, 2, 3, or 1.1, 2.2, 3.3, etc.). If the car was
purchased new, enter 0.
- In "Age of Car At Time of Estimated
Value," enter the car's age (in years) at which you want its
estimated value. Example: If you want the car's value when it is six
and a half years old, enter "6.5."
- Do not use commas.
Then press "Compute" and look for two things:
- The estimated depreciation on the car
("Car Depreciation") from the time it was new (whether or not you bought
it then) until the age at which you asked for its projected
value.
- The estimated value of the car at the age
of the car you specified.
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