These Car Colors Have the Highest (and Lowest) Resale Value
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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. "There are just too many cars available in those colors to elevate resale value," Karl Brauer, an analyst at the car search company, said in a report from June.
The value of the average vehicle drops 22.5% in three years, but the falloff is much lower for certain color cars, like yellow, coming in at 13.5%. Compared to the average three-year decline in value of $9,674, yellow cars lose $6,588, a difference of more than $3,000.
“While not many people want a yellow car, there are clearly more people who want one than exist, which is why yellow performs so well on the secondary market,” Brauer said.
