How it's calculated
We apply declining-balance depreciation: each year the car keeps a percentage of the previous year's value, so it falls faster early on.
Estimate your car's current value and how much it has depreciated since you bought it.
Estimated value now
RM 52,200.63
Down RM 47,799.38 from RM 100,000.00
Estimated value now: RM 52,200.63
Declining-balance estimate. Real resale value depends on model, mileage and demand.
RM100k car, 15%/yr, 5 years
About 56% of the value gone in five years.
≈ RM44,371 value
RM60k car, 15%/yr, 3 years
Most depreciation hits in the early years.
≈ RM36,848 value
How the figures above are worked out — the rules, rates and reasoning behind every line.
Depreciation is usually the biggest cost of owning a car. This estimates the current value based on a yearly depreciation rate.
We apply declining-balance depreciation: each year the car keeps a percentage of the previous year's value, so it falls faster early on.
Many cars lose roughly 10–20% of their value a year, fastest in the first few years. Popular, reliable models hold value better.
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