{
  "$schema": "https://json-schema.org/draft/2020-12/schema",
  "$id": "https://askcalculators.com/us/depreciation/schema.json",
  "title": "Vehicle Depreciation Scenario Calculator — United States inputs",
  "description": "Explore an explicitly chosen declining-balance vehicle-value scenario, without pretending it is a market valuation or tax depreciation schedule. USD planning view; stated limitations apply.",
  "type": "object",
  "properties": {
    "purchasePrice": {
      "title": "Starting vehicle value",
      "type": "number",
      "description": "Illustrative starting value; replace with your own evidence.",
      "default": 30000,
      "minimum": 0,
      "maximum": 1000000000000,
      "x-step": 0.01,
      "x-prefix": "USD",
      "x-unit": "currency"
    },
    "decline": {
      "title": "Assumed annual declining-balance depreciation",
      "type": "number",
      "description": "Illustrative starting value; replace with your own evidence.",
      "default": 15,
      "minimum": 0,
      "maximum": 100,
      "x-step": 0.1,
      "x-unit": "percent"
    },
    "residualFloor": {
      "title": "Specified residual-value floor",
      "type": "number",
      "description": "Illustrative starting value; replace with your own evidence.",
      "default": 0,
      "minimum": 0,
      "maximum": 1000000000000,
      "x-step": 0.01,
      "x-prefix": "USD",
      "x-unit": "currency"
    },
    "years": {
      "title": "Elapsed years",
      "type": "number",
      "description": "Illustrative starting value; replace with your own evidence.",
      "default": 5,
      "minimum": 0,
      "maximum": 50,
      "x-step": 1,
      "multipleOf": 1
    }
  },
  "required": [
    "purchasePrice",
    "decline",
    "residualFloor",
    "years"
  ],
  "additionalProperties": false,
  "x-askcalculators": {
    "version": "20.16.0",
    "calculatorUrl": "https://askcalculators.com/us/depreciation/",
    "queryExample": "https://askcalculators.com/us/depreciation/?purchasePrice=30000&decline=15&residualFloor=0&years=5",
    "migrationStatus": "new",
    "reviewStatus": "pending",
    "pageStatus": "live",
    "workStatus": "pending",
    "formula": {
      "expression": "value after n years = maximum(residual floor, starting value × (1 − annual decline)^n).",
      "note": "Inputs are converted to canonical units before evaluating this stated formula."
    },
    "quality": {
      "availability": "live",
      "technicalReviewRecord": "/reviews/v20-us-depreciation.json",
      "qualifiedReview": "pending",
      "qualifiedReviewer": null,
      "qualifiedReviewDate": null,
      "formulaVersion": "20.16.0",
      "referenceCoverage": "references-listed",
      "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
      "historicalMetadataDate": "",
      "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
    },
    "outputs": {
      "resaleValue": {
        "title": "Scenario value at selected age",
        "type": "number",
        "x-format": "currency",
        "x-currency": "USD",
        "x-digits": 2,
        "x-primary": true
      },
      "valueLost": {
        "title": "Value lost over selected period",
        "type": "number",
        "x-format": "currency",
        "x-currency": "USD",
        "x-digits": 2
      },
      "retainedPercent": {
        "title": "Percentage of starting value retained",
        "type": "number",
        "x-format": "number",
        "x-digits": 2
      }
    }
  }
}