Commercial Truck Depreciation Calculator
| Year | Depreciation Rate (%) | Estimated Value ($) |
|---|---|---|
| 1 | 20 | Initial cost – (Initial cost * 0.20) |
| 2 | 15 | Previous year’s value – (Previous year’s value * 0.15) |
| 3 | 15 | Previous year’s value – (Previous year’s value * 0.15) |
| 4 | 10 | Previous year’s value – (Previous year’s value * 0.10) |
| 5 | 10 | Previous year’s value – (Previous year’s value * 0.10) |
| 6 | 5 | Previous year’s value – (Previous year’s value * 0.05) |
| 7+ | 5 | Previous year’s value – (Previous year’s value * 0.05) |