Car depreciation means your car loses value every year after you buy it. This is normal for every vehicle. The old car gets less price in the market. Many people don’t know how much their car’s value has gone down. This calculator helps you find out the current value of your car based on its age, brand, condition, and usage. It’s useful if you want to sell your car or just check its real worth.
Indian Car Depreciation Calculator
Accurate resale value calculation with detailed depreciation graph
How Indian Car Depreciation Works:
- First 3 years: Highest depreciation (20-30% per year)
- Years 4-7: Moderate depreciation (15-20% per year)
- After 7 years: Slower depreciation (10-15% per year)
- After 10 years: Minimum value ₹50,000 for drivable cars
Note: These are estimated values based on market trends. Actual resale value may vary based on location, demand, and specific vehicle condition.
Key Features of This Calculator
This tool helps you check the current resale value of your car in India. It supports 25+ car brands like Maruti, Hyundai, Tata, Mahindra, Toyota, BMW, Audi, and more.
It shows how much value your car loses every year. For example, a ₹10 lakh car may lose ₹1.6 lakh in the first year. The tool gives year-by-year value drop and final resale price.
It works well on mobile and desktop. You don’t need to log in or pay anything. Just enter basic details like brand, age, fuel type, and condition.
It also shows a clear graph, where you can see value drop over time. It includes all key factors like accident history, car usage (kms per year), and fuel type.
At the end, you get the original price, current value, total money lost, and percentage of depreciation. The tool is accurate and based on real Indian market data.
How to Use Car Depreciation Calculator?
You can check your car’s value with this tool. First, select your car brand like Maruti, Hyundai or Tata. Then type the price you paid for your car, like ₹700000. After that, choose how old your car is. This tool works for cars up to 15 years.
Now select how much you drive your car every year. For example, if you drive 10000 km and your car is petrol and in good condition, the value will be adjusted. If your car had any accident, you can also mark it. A 5 year old Maruti may lose around ₹300000 from its original price.
When you press the calculate button, it will show you the current car value, like ₹400000. You will also see how much money is lost. One graph also shows you the car value every year. This is helpful when you want to sell or exchange your car.
How We Calculate the Car Depreciation Rate
Our tool uses a smart method to check how much your car's value goes down every year. Every car brand has its own rate. For example, Maruti cars lose around 16% value in one year, while BMW cars lose nearly 29%. The tool also checks your car's condition. If your car is in good condition, it reduces the depreciation by 3%. But if the condition is poor, it adds 6% more loss. If your car had an accident, it adds 4% extra.
The tool also checks how old your car is. In the first 3 years, most cars lose the most value, around 25% every year. Between 4 to 7 years, the value goes down a little less, around 18% yearly. After 7 years, the value drops slower, around 12% each year. Even after 10 years, we keep a minimum value of ₹50,000 for running cars.
Electric cars lose value slowly than petrol cars. Like, if you buy a Hyundai for ₹10 lakh, after 1 year it becomes ₹7.5 lakh, after 3 years ₹5.6 lakh, and after 5 years ₹3.8 lakh.
Frequently Asked Questions(F&Q)
Q1: What is car depreciation?
Ans: Car depreciation means how much value your car loses every year after buying it.
Q2: Is this tool accurate?
Ans: This tool gives a close estimate using real market data and brand-wise rates. The actual price may vary slightly based on buyer and city.
Q3: Does this tool work for Indian car brands?
Ans: Yes, this tool is specially made for Indian users. It covers over 25 brands including Maruti, Hyundai, Tata, Mahindra, Toyota, Kia, and more.
Q4: What is the resale value of my car?
Ans: After entering all details in the calculator, it will show you the current resale value based on market trends.
Q5: What is the average car depreciation rate in India?
Ans: Cars in India lose 20–30% value in the first year and 15–20% after that. It also depends on condition, running, fuel type, and accident history.
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