how much does a car depreciate per year australia Page 5

In Australia, a typical new car sheds about 15–25% in the first year, then roughly 10–15% per year for the next few as the new-car smell packs its bags.

Post‑pandemic used prices are settling, so over five years you’re looking at roughly 45–60% all up, brand and demand willing.

On an A$40,000 hatch, that’s about A$6,000–A$8,000 in year one, then around A$4,000–A$6,000 each year for a while, assuming average kilometres and no kerb-kisses.

Utes and in-demand SUVs often hold value better; thirsty sedans and niche spec? Not so much.

Want to slow the slide: buy well (discounts matter), keep logbooks pristine, stick to popular colours/spec, and don’t rack up mega kays like an Uber on double shifts.