Car Depreciation: 15% Per Year for 10 Years
A car worth $30,000 depreciating at 15% per year for 10 years retains approximately $5,898 in value.
How to use this tool
- Enter initial value, decay rate per period and number of periods in the fields above.
- Results update instantly as you type โ or click Calculate.
- Read your remaining value and the full breakdown beneath it.
Calculate how a car's value drops each year due to exponential depreciation at a 15% annual rate.
Frequently asked questions
- What is the difference between decay rate and half-life?
- The decay rate r is the fraction lost each period; the half-life is the number of periods until only half remains. They are linked by tยฝ = log(0.5)/log(1โr).
- Does this assume continuous or discrete decay?
- This calculator uses discrete (period-by-period) decay. For continuous decay use A = Aโยทe^(โฮปt) with the half-life calculator.