Resale Value Calculator
Calculate your vehicle's estimated resale value
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What is resale value of a vehicle?
A vehicle's value starts to decrease the moment it leaves the showroom and keeps decreasing every year.
The worth of the vehicle is also influenced by other elements such as the make and model, total number of kms travelled, present state, etc.
You may determine the current estimated market value of your vehicle by using our resale value calculator.
Rate of depreciation
| Age | Depreciation |
|---|---|
| 0 - 6 months | 5% |
| 6 months - 1 year | 15% |
| 1 - 2 years | 20% |
| 2 - 3 years | 30% |
| 3 - 4 years | 40% |
| 4 - 5 years | 50% |
| Above 5 years | Variable |
How to calculate the resale value of your vehicle?
- To calculate the resale value of your vehicle, you can use the resale value calculator tool available on our website.
- You will need to enter the price you purchased the vehicle for and the year you purchased the vehicle, in the resale value calculator tool.
- The resale value calculator tool will then calculate the current estimated market value of your vehicle based on the information you provided.
- You can use the resale value calculator tool to determine the resale value of your vehicle and make an informed decision about selling it.