Used Item Depreciation Calculator
Calculate annual depreciation and book value for fixed assets or used items. Supports both straight-line and double declining balance methods.
Enter Asset Information
Enter the original cost, estimated salvage value, and useful life. Select depreciation method:
Frequently Asked Questions
Straight-line method allocates equal depreciation each year, suitable for assets that lose value uniformly. Double declining balance is an accelerated method with higher depreciation in early years and lower later, ideal for assets with rapid technological obsolescence (e.g., electronics).
Yes. If the asset is expected to have no residual value after its useful life, set salvage value to 0. Under double declining balance, depreciation will not fall below the salvage value.
Used for used item valuation, fixed asset depreciation accounting, tax filing depreciation expense calculations, and asset valuation reports.