How much can a new car depreciate working the first year?

A new car can depreciate by approximately 20% to 30% in its first year of ownership. This means that if a car is purchased for $30,000, it could lose around $6,000 to $9,000 in value within that year. Factors such as the make and model, market demand, and overall condition can influence the rate of depreciation. After the first year, the depreciation rate typically slows down but continues over time.