Straight-line depreciation
The depreciation schedule of a computer, a vehicle or a machine.
How it works
Yearly charge = (cost − residual value) / life. Typical lives: 3 years for IT, 5 years for a vehicle.
Results are for guidance only and do not replace professional advice.
Worked example
With the default values:
- Purchase cost24000
- Residual value4000
- Useful life (years)5
you get:
- Yearly depreciation€4,000.00
- Rate20 %
- Book value end of year 1€20,000.00
- Book value end of year 2€16,000.00
Frequently asked questions
How does the “Straight-line depreciation” tool work?
Yearly charge = (cost − residual value) / life. Typical lives: 3 years for IT, 5 years for a vehicle.
What do I need to enter?
Just fill in: purchase cost, residual value, useful life. The result updates as you type.
Can you give an example?
Purchase cost: 24000; Residual value: 4000; Useful life (years): 5 → Yearly depreciation: €4,000.00; Rate: 20 %.
Is this calculator free, and is my data private?
Yes. HOD Calc is completely free with no sign-up. The calculation runs in your browser: nothing you type is sent or stored.