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Depreciation Calculator

How much value will the car lose?

Quick answer: In Singapore, car depreciation is driven mostly by COE time remaining, not mileage. A 10-year COE car that loses one year of COE has typically lost S$5,000 to S$15,000 of value, depending on category and the prevailing COE premium. Move the sliders below to estimate the resale value at the end of your planned holding period.

In Singapore, depreciation is driven mostly by COE time remaining. Move the sliders to estimate how much a car will lose over your planned holding period.

Indicative resale at exit

S$30,000

Capital lostS$50,000
Per yearS$10,000
Per monthS$833
% retained37.5%
Get a real valuation

How this works

Singapore used-car depreciation is dominated by the loss of COE time. A simple rule of thumb is that a car loses roughly its share of the original 10-year COE premium each year "” adjusted for the prevailing COE category premium at the time.

For a more granular calculation: indicative annual depreciation ≈ prevailing Cat A/B premium ÷ 10 years × category match. Wheeley refines this using actual transaction data when a quote is requested.

This is indicative only. Real depreciation depends on condition, mileage, market demand, and the COE premium at exit.

How to use the Depreciation calculator

Cars in Singapore depreciate in a different shape than cars in other countries. The first 5 years take roughly 50-65% off retail; the next 5 take another 30-40%; after 10 years the residual is essentially scrap + paper value. Some models depreciate much slower than others (popular brands, hybrid drivetrains, low COE cars). This calculator uses LTA-issued depreciation bands adjusted for typical SG market behaviour to project value year-by-year.

Step by step

  1. Enter the car's purchase price when new.
  2. Select the car's category (sedan, hatch, SUV, hybrid).
  3. Pick the year-by-year horizon you want projected (1, 3, 5, 10 years).
  4. The calculator applies the depreciation curve for your category.
  5. Compare the projected value against today's market — if your car is below curve, it's a buyer's market.

Related calculators

Is It A Good Deal?→ PARF rebate→ Paper value→ COE remaining→ Car loan→ Buy vs Renew COE→

Related guides

Related guide
Read: Tide over the high COE wave
Related guide
Read: How to inspect a used car

If your car is selling 15-20% below the projected depreciation curve, it's an underpriced listing — buy with confidence. If you're selling and above curve, hold.

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