How Does The Color Of Your Car Determine Its Resale Value?
While buying a car, what is your least concern? Is it the color of the car? Well, for many new car buyers, color is the last thing they think about. Instead, they would go for the horse powers or fancy design. If you are among those, watch out! You are on the wrong side of the aisle. A recent study from iSeeCars suggests that color should be the top priority of every car buyer. And there is a reason behind that. If you want to resell your car after driving it for a year or two, the color of your car will play a major role.
In other words, if your car color is unique and of rarity, it will retain its value. Consequently, you will be able to sell it at a great price. On the other hand, if your car color falls in the traditional category, you will not be able to sell it. Or, if you did, it will be at a compromised price. Of course, you will not want to opt for either of these options. So, how about choosing the right color and turning it into a potential investment? A car that not only looks fancy but also pays you back in profit. Certainly, it is a sensible idea.
What Car Color is A Rarity?
Essential as it is to know the fact that the color of your car is essential at the time of reselling it. It is equally important to know what car colors are considered rarities. In other words, what colors are considered unique that you should buy.
Well, it turns out that there are a couple of them. Here is the list of car colors that are considered rarities:
However, the report from iSeeCars indicates that purple is the most unique car color, followed by red and green. Essentially, these colors are more ‘loud’ and are swift in catching the attention of beholders. That is why they are widely loved colors. Similarly, they also have high demand in the used market.
So, choose the color wisely if you want to buy a new car. If you opt for the rare colors, chances are you can make a decent profit from your used car after driving it for years.
What Car Color Has No Value in the Used Market?
Apart from the trending car colors, it is also important to know the colors with no demand in the used market. According to iSeeCars, yellow is the least demanded color in the used market.
Likewise, the report also shows that dark and boring colors, like black, are the car colors you would want to refrain from. The report also highlights that common colors have no demand in the market. So, label white on your no-no list.
More inLuxury Cars
This is Your Chance to Get Your Hands on Tom Hank’s Airstream Trailer
Every great artist requires a good ol’ cooling off after a hard day at work. For almost 3 decades, American actor...June 20, 2022
The Electric Car Industry is Reaching New Heights in China
The increasing issue of climate change has become a serious concern for everyone. States are taking measures to reduce their carbon...June 20, 2022
A Quick Guide For Data Protection
When making an online purchase, or creating an account online, it is quite tempting to save banking details and passwords for...June 18, 2022
Rising Inflation Worries Canadians: A Massive Lifestyle Change Needed
It is no secret that inflation is rampant around the world and rising uncontrollably. Be it the United States which has an...June 18, 2022
Hombre adopta niña que nadie quería, 28 años después ella hace algo a sus espaldas
Dale Jefferson estaba en una de las mejores épocas de su vida al cumplir 44 años, en ese momento se le...June 13, 2022
Is Mercedes-Benz Planning to Restart the Maybach Series?
If you have been a Mercedes enthusiast for the last couple of years, you can tell that the Maybach series is...May 31, 2022
The Game-Changing GR Series of Toyota
If there is one auto manufacturer that has survived numerous turbulence and has triumphed, it is arguably Toyota. Take the example...May 13, 2022
All You Need to Know About the New CEO of McLaren, Michael Lieters
Effective from July 1st, 2022, McLaren has announced its new CEO, Michael Lieters. Michael Lieters is an experienced guy to step...May 6, 2022
Shopping for a Used Car? Here are Some Must-Ask Questions Before Buying One
Buying a secondhand car instead of a brand new one is a great way to save money. However, your savings might...May 5, 2022