How Cars Depreciate
On average, a new car loses 20-25% of its value in the first year, then about 15% per year for the next few years. After 5 years, most cars are worth 35-40% of their original price.
See how your car's value drops year by year.
What would make it better?
On average, a new car loses 20-25% of its value in the first year, then about 15% per year for the next few years. After 5 years, most cars are worth 35-40% of their original price.