Vehicle Depreciation Calculator
Estimate any vehicle's current value after a given number of years, using a declining-balance depreciation rate.
- Free to use
- Accurate results
- No registration required
- Works on all devices
Enter your vehicle's purchase price, annual depreciation rate, and years owned to estimate its current value.
₹
%
Two-wheelers often depreciate 15-20% per year; commercial vehicles can vary more widely.Your result
₹92,118.75
Estimated current value
Total depreciation₹57,881.25
AI explanation
Formula
Current value = purchase price × (1 − depreciation rate)^years (declining-balance method)Worked example
₹1,50,000 vehicle, 15%/year, after 3 years
| Field | Value |
|---|---|
| Purchase price | 150000 |
| Annual depreciation rate | 15 |
| Years since purchase | 3 |
| Estimated current value | 92118.75 |
| Total depreciation | 57881.25 |
Assumptions
- Uses a constant annual depreciation rate throughout — actual rates vary by vehicle type, brand, and market conditions.
- Provides an estimate only — condition, mileage, and market demand affect actual resale value.
Frequently asked questions
Does this work for bikes, trucks, and commercial vehicles too?
Yes — the declining-balance formula applies to any vehicle type; just adjust the annual depreciation rate to match typical rates for your vehicle category.
How is this different from the Car Depreciation Calculator?
Same underlying formula — this page uses general "vehicle" framing and defaults suited to two-wheelers/other vehicles, while the Car Depreciation Calculator defaults to typical car figures.
What depreciation rate should I use for a commercial vehicle?
Commercial vehicles often depreciate faster than personal vehicles due to higher usage — check industry benchmarks or your accountant's depreciation schedule for a more accurate rate.