PLAN YOUR NEXT CAR
Car depreciation calculator
Choose a Canadian model or enter your own price. See a projected future value, the cost of depreciation and how kilometres change the estimate.
Canadian dollars · Kilometres · Free planning toolsMake it yours
Build your estimate
Choose a car or enter your own price. Adjust the years and kilometres to fit your plans.
Recommended resale estimate
After 5 years, plan around
$10,9612027 Toyota Corolla · Corolla L CVT · 100,000 km projected odometer
Planning estimate · Canadian dollars · before taxThe years ahead
CAD · before taxYour estimated value curve
See the year-by-year numbers
| From now | 2027 Toyota Corolla · Corolla L CVT |
|---|---|
| Today | $25,520 |
| Year 1 | $20,329 |
| Year 2 | $17,013 |
| Year 3 | $14,410 |
| Year 4 | $12,496 |
| Year 5 | $10,961 |
| Year 6 | $9,947 |
| Year 7 | $9,027 |
| Year 8 | $8,192 |
| Year 9 | $7,434 |
| Year 10 | $6,746 |
Ready for your next step?
Behind your estimate
How these numbers work
These are planning estimates of future retail or asking-based resale value. They are not dealer trade-in offers, guaranteed sale prices or contractual lease residuals. Vehicle condition, history, options and future market changes can alter the outcome.
Model assumptions and planning scenarios
- This is our planning model of future retail/asking-based value, not a licensed market forecast, trade-in quote or guaranteed sale price.
- The starting amount is the same Canadian base MSRP before tax for cash and finance; incentives, payment schedules, loan balances and lease residuals do not set the future value.
- Category depreciation percentages and usage coefficients come from the captured AssetDropper generic model; they are not measured Canadian trim-level residuals.
- Mileage coefficients reproduce observed API behaviour from saved probes; the provider does not publish a formula or a validation study for them.
- Annual kilometres are divided by 1.609344 to apply the source mileage mathematics. The reference is 12,000 miles (19,312 km) per year.
- Cumulative mileage effects are capped between a 30% deduction and a 12% addition. Accident history, individual condition, options, geography, inflation and future market shocks are not modelled.
- The low/base/high outcomes use 1.25×/1×/0.75× annual category depreciation rates with the same mileage assumptions. They are planning scenarios, not statistical confidence bounds.
- Planning values cannot rise with an additional ownership year and are capped at the starting base MSRP; no appreciation is assumed.
- The generic model supplies no publication date; its capture date is shown separately and is not represented as a source publication date.
- Canadian model-year asking-price age pattern supplies a small, capped adjustment to the category assumptions; mileage, trim, original MSRP and redesign effects are not isolated.
- The age-slope difference is capped at ±0.04 log points per year, then given at most 25% weight. Unknown generation and trim mix remain limitations; no original-MSRP or chosen-mileage cohort adjustment is claimed.
Low / base / high outcome after the selected period: $8,539 / $10,961 / $13,898. These are alternative rate scenarios, not a statistical confidence interval.
Sources, dates and coverage
Representative models with one currently priced Canadian starting trim per model. The newest priced model year and lowest exact base MSRP are selected; this is not every trim. Missing models can use a custom entered price.
- Canadian vehicle price used by Before Your Next Car (opens in a new tab)Source date: Not published · Captured: Oct 5, 2026
- AssetDropper category planning assumptions (observed 20 October 2026) (opens in a new tab)Source date: Not published · Captured: Oct 20, 2026AssetDropper-free-commercial-api terms
- Omnia Index October 2026, Canadian used asking-price aggregates (opens in a new tab)Source date: Oct 6, 2026 · Captured: Oct 20, 2026CC-BY-4.0 terms
Generic category rates do not establish measured differences between individual brands or trims. Canadian model-year asking-price cohorts, when eligible, add only a small adjustment; they mix mileage, trims, historical prices and condition. Freshness and limitations remain part of the calculation.
A LITTLE MORE CONTEXT
Good questions to ask.
What does car depreciation mean?
Depreciation is the reduction in a vehicle’s value while you own it. In this calculator, it is the starting value minus the projected value at the end of your selected period.
Can I calculate depreciation for a car I already own?
Yes. Use the owned-car option and enter its current estimated value, age and kilometres. The result estimates the change from today, rather than subtracting your original purchase price again.
Is the result a guaranteed resale price?
No. It is a planning projection using category assumptions and, where supported, Canadian model asking-price data. Condition, trim, repairs, incentives and future market changes can change an actual offer.