Depreciating Asset Calculator
Wondering how much your stuff is really worth over time? Meet our Depreciating Asset Calculator—the tool that reveals the hidden costs of everything from cars and electronics to furniture and appliances. While you’re enjoying the new shine, these items are quietly losing value. In fact, that brand new car could lose 50-60% of its value in just five years! Don’t let depreciation catch you by surprise. Use our calculator to see how much your prized possessions might be costing you in the long run. It’s eye-opening, it’s easy, and it’s the smart way to keep your finances in check!
How to use
This calculator can be used for different types of depreciating assets, but works best for larger purchases, such as a vehicle. Input the relevant data in the first section to find out how much your asset will be worth during your ownership.
But wait! That’s not the end of the story. Every purchase decision has an opportunity cost – this is what could have been made if we took the same amount of money you would have spent on the asset and instead invested it. Input the current age of the beneficiary, target age of retirement, and the anticipated compounded annual growth rate (CAGR). If you are following the Newborn Nest Egg formula, enter 10%.