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Car Depreciation Calculator

Calculate your car's annual depreciation based on purchase price, age, and expected residual value percentage.

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๐Ÿ‡ฉ๐Ÿ‡ฐ All calculations are based on Danish rules, rates, and currency (DKK). This calculator is translated for convenience but applies exclusively to Denmark.

Car Depreciation Calculator

Depreciation is often the most significant cost of car ownership, yet it is frequently overlooked because it does not show up as a monthly bill. This calculator helps you understand how much value your car loses each year by calculating the difference between the purchase price and the estimated residual value over the ownership period.

Depreciation in Denmark

Cars in Denmark face particularly steep depreciation due to the high registration tax (registreringsafgift), which can double the pre-tax price. A new car priced at 300,000 kr might be worth only 120,000 kr after five years, representing an annual depreciation of 36,000 kr. Luxury cars and models with high fuel consumption tend to depreciate faster, while popular, fuel-efficient models and electric vehicles may hold their value better.

Minimising Depreciation

To reduce the financial impact of depreciation, consider buying a car that is 1โ€“3 years old, as the steepest depreciation occurs in the first years. Choose popular colours and trim levels that appeal to a broad market. Keep the car well-maintained with a complete service history, and avoid excessive kilometres. When it is time to sell, timing the sale in spring can often yield a better price.

Frequently Asked Questions

How is car depreciation calculated?

All cars suffer depreciation. Even desirable cars lose value, though less. As a rule of thumb, a car loses between 16-25% of its value annually with normal use. Normal use means driving between 15,000-20,000 km per year.

Which cars lose the least value?

It depends on the car type, brand, and model, but on average a car drops 40-46% in value over 3 years and 60,000 km. MPVs and station wagons typically have the lowest depreciation, while 3-door models and electric cars often lose the most.

Which cars lose the most value?

Alfa Romeo - 59.4% over four years. Nissan - 56.9% over four years. Mitsubishi - 59.9% over four years. Saab - 55.8% over four years. Citroรซn - 54.9% over four years.

Is 400,000 km a lot for a car?

Modern cars are generally considered to have an expected lifespan of 300,000 to 400,000 km or more if properly maintained.

What is the scrap price for a car?

When you deliver your car for scrapping and environmental treatment at an approved facility, you are entitled to a tax-free scrapping premium of 2,770 kr.

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