Car depreciation calculator
Across the 296 model-years we track in Canada, the median car loses 10.4% of its trade-in value over the next year. Half lose between 6.8% and 15.1%. Enter your car below to see its own value today and in 1, 2 and 3 years. Free, no sign-up.
How fast do cars lose value in Canada?
Newer cars lose a smaller share of their value each year in our data, and cars around 7 to 8 years old lose the largest share. Kilometres matter too: every extra 10,000 km lowers the price.
| Car age | Median drop over the next year |
|---|---|
| 1–2 | 4.7% |
| 3–4 | 8.4% |
| 5–6 | 11.5% |
| 7–8 | 17.8% |
| 9+ | 13.2% |
How is the projection made?
We price your car today, then price the same car one, two and three years older with the extra kilometres you drive, at today's market. It does not guess where the whole market is heading.
Frequently asked questions
What is the best time to sell a car before it loses value?
In our data the yearly drop is smallest for newer cars and largest around 7 to 8 years old. If your car is near that age or about to pass a big kilometre mark, selling sooner usually keeps more money in your pocket.
Does mileage or age matter more?
Both. Age sets the base price, and each extra 10,000 km pulls it down further. That's why the calculator asks how many kilometres you drive a year.
Is the trade-in value the same as the private-sale price?
No. A dealer pays less on a trade-in because they recondition and resell the car. Selling privately usually gets more, but it takes time and work.
Data from October 6, 2026. Estimates for information only. Prices move with the market, and this is not an offer to buy.