
Rare Car Colors Effect The Resale Value

Color matters. The color you choose for your new car can affect both the cost of ownership and its resale value. This is due to various reasons, including changing tastes in color, where you live, and whether manufacturers have retired your vehicle’s color.
According to a study of over 650,000 pre-owned car transactions conducted by the used-vehicle website iSeeCars.com, a buyer’s color choice can help boost or bust its return down the road. Specifically, the report determined that vehicles painted yellow are no lemons when it comes to bringing back the bucks. All else being equal, yellow cars depreciated an average of just 4.5 percent over a three-year ownership period. That’s 70 percent less than the average vehicle painted in a far more neutral tone.

Rawpixel Ltd/ Getty Image | All of those cars were once just a dream in somebody’s head
When it comes to the overall used car market, one color that fights off depreciation better than any other color is yellow. The average depreciation of the used vehicles analyzed was 15%, but that number fell to only 4.5% for yellow cars. Other less common colors joined yellow as a safe investment, with orange coming in second with a depreciation rate of 10.7% and purple in third place with 13.9%. After purple, red, green, blue, and gray all beat the average depreciation rate and fell within a tenth of each other in the 14% range.
According to the study, the average car depreciated by about 30 percent during the first three years of ownership. In the same period, orange and yellow cars lost only about 22 percent of their value. Indeed, in an analysis of 1.6 million vehicles, orange and yellow cars depreciated less than those painted any other color. Green was the next best at about 25 percent depreciation.
Best and worst colors

DARREN MCGEE/THE GLOBE AND MAIL | Brown vehicles are considered the “saddest, most unattractive” car color
Yellow is generally the vehicle color that retains its value best. It depreciates 70% less than vehicles of other colors. Orange comes second. It’s also good to know that the colors with the highest depreciation are gold and brown. Of all the colors in the study, gold fared worst. Gold vehicles depreciated by about 34 percent.
White, black, gray, and silver are the most popular car colors and depreciate at a rate close to average. Beige, a relatively uncommon car color, also depreciates at a rate close to average, while four jewel tones, purple, red, green, and blue, hold their value better than average. Although the term ‘beige’ has become synonymous with boring, it encompasses a spectrum of hues from off-white to a light brown and stands out in a parking lot while still being a neutral color.

CARS24/ iStock | Some rare antique cars sport rare shades of “razor” or “electric” blue and turquoise
Red, green, and blue fare slightly better than average because they are slightly more novel than grayscale colors and allow drivers to stand out without choosing a flashy, obscure color.”
More inLuxury Cars
-
`
Top 5 Boise Restaurants That You Must Dine In At Least Once In Your Lifetime
When we talk about Idaho, the northwestern state of the U.S., we tend to joke about the potatoes there. Sure enough,...
November 26, 2022 -
`
Messi’s £2.7million Car Collection That’ll Make Your Jaw Drop
Lionel Messi’s love for exotic rides is insane! The Barcelona ace owns some of the best eco-friendly and expensive cars in...
November 24, 2022 -
`
These Stunning Celebrities Need No Makeup to Shine
Michelle Williams – Dawson’s Creek TV viewers fell in love with Michelle Williams as Jen Lindley in Dawson’s Creek. Since appearing in the...
November 20, 2022 -
`
Nissan Delays Z Car Launch Due To Japan Output Plunges
Nissan Tuesday launched the seventh-generation Z-Car with a simplified lineup of two models and a streamlined name, Nissan Z. The car...
November 13, 2022 -
`
A Mechanic In South Carolina Gifts Repaired Cars To The Needy For Free!
Looking out and caring for others is what makes us humans. Unless there is no compassion for the needy, society will...
November 12, 2022 -
`
Kia To Bring About a Revolutionary Change In It’s New Gen Sportage Model
Here’s a surprise for all the car lovers. We have some super exciting news to share regarding the whereabouts of the 2022 Kia...
November 9, 2022 -
`
Everything You Need To Know About Optimal Leisure Lifestyle (OLL)
For most people, lifestyle is something that comes naturally—they do not get to choose it. For instance, if you are doing...
November 3, 2022 -
`
Sneak Peek At What The 2022 Land Rover Defender Has On Offer
It’s never easy to initiate change, and that’s especially true if a change can have a substantial impact. From the perspective...
October 31, 2022 -
`
Buying The Best Alternative Cheap Cars In 2022: Some Cheap Alternatives To Ultra-Expensive Cars
Car enthusiasm is the new talk of the town in the post-covid world. Who does not want to drive a lavish...
October 29, 2022
You must be logged in to post a comment Login