A recent automotive report indicates that green cars - yes, the color of money - and some other hues retain their value better than others. Vehicle research site iSeeCars determined the average depreciation rate of used cars by looking at each model's inflation-adjusted manufacturer's suggested retail price (MSRP) and comparing it to the car's list price. The report's results were.
A recent study by iSeeCars.com reveals that the color of your car, truck, or SUV makes a difference when it comes to resale value. And it's a bigger deal than most people think-a vehicle's. Automotive research company iSeeCars conducted a study to find out which car colors have the highest and lowest depreciation rates.
Get to know the most popular car colors, the safest ones plus those easiest or hardest to maintain. Learn how car color affects resale value. Gold, white, and black cars drop the most in value, losing over $15,000 after 3 years Used car depreciation is much higher compared to a few years ago, with a much narrower range of depreciation between colors A vehicle's color can impact its used value by more than $5,000 after just 3 years, according to new research by iSeeCars.com.
Maybe not, but it is smart to invest in a car color that will resell easily, and according to a study by iSeeCars, green is one of the top three best colors for resale value. Avoid wasting money, and check out which car colors will serve you best when it's time to sell your car. From yellow convertibles to green minivans, unusually colored cars appear to have their values hold up best in the resale market.
Even though black and silver vehicles, for example, are much more popular with new car buyers, research from iSeeCars.com shows that vehicles in common paint coats can lose value quickly. On the other hand, mainstream car colors that carry a higher inventory like white, gray and black may be easier for buyers to find, which could reduce the seller's leverage and possibly lower the resale value of those car colors. What color cars are the most expensive to insure? What color car has the best resale value? Probably not the one in your own driveway.
Many factors go into determining the resale value of a car, including color. According to a recent study from iSeeCars, find out which car colors ranked best for resale value.