A car depreciation calculator is a tool used to estimate how much a car’s value will decline over time. Cars lose value the moment you drive them off the lot, and the rate of depreciation varies based on factors like brand, model, age, mileage, and market conditions. A typical car depreciation calculator works by: Starting with the car’s
OTD Calculator: How to Calculate Out-the-Door Price
The OTD (Out-the-Door) price is the total amount you will pay for a car, including all fees, taxes, and additional costs. Using an OTD calculator can help you estimate the final cost of your car purchase. To calculate the OTD price, follow these steps: Base Price: Start with the vehicle’s base price. Add Taxes: Sales tax, based on your stat