Vehicle Depreciation Calculator
Calculate your vehicle's current market value and depreciation over time. Get accurate estimates based on IRDAI guidelines and real market data to understand your car's worth for insurance, resale, or financial planning.
Vehicle Information
Depreciation Method
Valuation Results
💡 Valuation Insights
Depreciation Timeline
| Year | Age | Depreciation | Market Value | Value Lost |
|---|
Brand Resale Value Performance
Excellent Resale
Good Resale
Average Resale
Lower Resale
IRDAI Depreciation Rate Chart
| Vehicle Age | IRDAI Depreciation Rate | Example: ₹10L Car Value |
|---|---|---|
| Up to 6 months | 5% | ₹9,50,000 |
| 6 months to 1 year | 15% | ₹8,50,000 |
| 1 year to 2 years | 20% | ₹8,00,000 |
| 2 years to 3 years | 30% | ₹7,00,000 |
| 3 years to 4 years | 40% | ₹6,00,000 |
| 4 years to 5 years | 50% | ₹5,00,000 |
⚠️ Important Disclaimer
This depreciation calculator provides estimated vehicle values based on standard depreciation rates, market data, and input parameters. Actual market values may vary significantly based on specific vehicle condition, local demand, seasonal factors, modifications, and individual buyer-seller negotiations. For vehicles older than 5 years, IDV is mutually decided between insurer and vehicle owner. Use these estimates for reference purposes only and consult with professional valuers, dealers, or insurance agents for precise valuations.