How to Use Appliance Depreciation Calculator
The Appliance Depreciation Calculator estimates the current book value of any appliance.
- Enter Purchase Price — Original cost before tax.
- Enter Useful Life — Total expected years of service.
- Enter Salvage Value — Estimated end-of-life resale value.
- Enter Years Used — How many years it has already been in service.
- Pick Method — Straight-line or declining-balance.
- Read the Result — Annual depreciation, accumulated depreciation, and current book value.
Formula & Theory — Appliance Depreciation Calculator
Straight-line:
annual = (price − salvage) ÷ life
accumulated = annual × years_used
book_value = price − accumulated
Declining-balance (200% double-declining):
rate = 2 ÷ life
each year: book_value × rate (until floor at salvage)
| Symbol | Meaning |
|---|---|
| price | Purchase price |
| salvage | End-of-life resale value |
| life | Useful life (years) |
| years_used | Years already used |
Typical Useful Lives
Refrigerator 10–15 years
Washer / Dryer 8–12 years
Microwave 8–10 years
TV / Display 7–10 years
Air Conditioner 10–15 years
Use Cases for Appliance Depreciation Calculator
- Insurance Claims — Estimate replacement-cost-actual-value adjustments.
- Tax Reporting — Self-employed home offices that deduct appliance use.
- Resale Pricing — Set realistic prices for used appliances.
- Rental Property Accounting — Track furnishings depreciation.
- Household Budgeting — Anticipate when each appliance will need replacement.
The Appliance Depreciation Calculator keeps household and small-business accounting honest.