Truck Depreciation Calculator

See how your truck's value decreases over time and factor depreciation into your cost per mile.

What you enter

• Purchase Price ($)
• Salvage Value ($)
• Useful Life (years)

Frequently Asked Questions

How fast do semi-trucks depreciate?

Semi-trucks typically depreciate 15-20% in the first year and 10-15% per year after that. A $150,000 new truck may be worth $60,000-$80,000 after 5 years depending on maintenance and mileage.

What depreciation method do truckers use?

Most owner operators use MACRS (Modified Accelerated Cost Recovery System) with a 5-year recovery period for tax purposes. Section 179 deduction can write off the full cost in year one.

When should I replace my truck?

Most carriers replace trucks at 500,000-750,000 miles or 7-10 years. The optimal replacement point is when annual repair costs approach or exceed the cost of financing a newer truck.