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.
Automotive research company iSeeCars conducted a study to find out which car colors have the highest and lowest depreciation rates. 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. 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. 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.
Car color significantly impacts resale value, safety, and maintenance. While uncommon hues, like pink and orange, may retain value better because of niche demand, grayscale colors (black, white, silver) face midrange depreciation but dominate the roads. Not all car colors hold value the same.
Learn which shades can maximize your resale price. It also provides data on what colors tend to contribute to a car losing value over time. The top three best car colors regarding resale value are the same as they were in 2017.
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. Resale Value: Custom-colored vehicles can suffer a depreciation rate of over 40% in three years. Price Figures: Custom-painted cars can lose an additional $2,000 to $5,000 in value, depending on the model and the nature of the custom color.
The color of your car is a crucial factor that can significantly impact its resale value.