
The 3 Best (And 3 Worst) Car Colors for Resale Value
Improving the car buying experience requires a great deal of thought. You may read on Best time of the year For deals and Countries with the cheapest prices. If you plan to buy online, you may want to study Useful tips Before starting your search. If you’re buying in person, it might be worth it Learn how to bargain Before heading to the agency.
Then, of course, you decide which type car You want – and what color you should get. Aside from personal preference, there is another important factor to consider How color can affect a car’s resale value. So what colors should you look for, and what colors should you avoid?
To answer this question, analysts at iSeeCars They first compiled a list of 650,000 vehicles introduced in 2019 that were resold between August 2021 and May 2022. They then compared original manufacturer’s suggested retail prices (MSRPs) — adjusted for inflation — with average price tags on used vehicles. According to their findings, reselling A Yellow car You will get the most money for your blast.
Over three years, the yellow vehicles depreciated in value by just 4.5 percent on average, meaning they sold for about $3,155 less than their MSRP. For reference, the average depreciation for all vehicles included in the study was 15 percent, or about $6,096 under the average MSRP.
“Yellow is among the least popular car colors with the lowest involvement in vehicles and is a popular colour Sports cars “Yellow cars are very new to the used market, and people are willing to pay a premium for them,” explained Karl Brauer, executive analyst for iSeeCars.
Similar conclusions can be made about the two colors with the best resale value after yellow: orange, with an average decline of 10.7 percent, and purple, with an average decline of 13.9 percent. On the other hand, a brown car is as difficult to resell as you might expect. Three-year depreciation was nearly 18 percent, the highest of any color on the list. “Rarity alone does not equal value,” Brauer said. “If a color doesn’t resonate with enough used car shoppers, it will hurt resale value, even if it’s uncommon.”
See the stats for the top three and worst three colors for resale value below, and check out the full list here.
Car colors at the best resale value
- Color // 3 year depreciation (lower MSRP)
- Yellow // 4.5 percent ($-3,155)
- Orange // 10.7 percent ($-3,825)
- Purple // 13.9 percent ($-5,461)
Car colors with the worst resale value
- Color // 3 year depreciation (lower MSRP)
- Brown // 17.8 percent ($-7,642)
- Gold // 16.7 percent ($-6,719)
- Black // 16.1 percent ($-6,993)
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