Resale Value Calculator
The Resale Value Calculator helps you estimate how much an item is worth after accounting for depreciation. Enter the original purchase price, item age, and estimated annual depreciation rate to calculate its current value.
Frequently Asked Questions
How is resale value calculated?
It uses the formula: original price × (1 − depreciation rate)^years to estimate the current value.
What depreciation rate should I use?
It varies by item type. Electronics often depreciate 20–30% per year, while furniture and cars vary widely.
Can I use this for vehicles or gadgets?
Yes, this calculator is suitable for cars, phones, laptops, and other assets with known depreciation trends.
Does this include market conditions?
No, this is a general estimate. Actual resale value may be influenced by demand, brand, and condition.
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