Which colors help and hurt a car’s resale value? – WHO TV 13 Des Moines News & Weather

(iSeeCars) – A car’s color can help or hurt its resale value, according to a recent analysis by iSeeCars.com. After comparing prices of more than 650,000 recently sold three-year-old used cars, iSeeCars determined the average three-year vehicle depreciation rate by car color.

“A vehicle’s color is among the primary considerations after shoppers have decided on a make and model,” said iSeeCars Executive Analyst Karl Brauer. “With depreciation being the largest cost of vehicle ownership, consumers should carefully consider their color choice–especially if they plan on selling their vehicle.”

Vehicle Depreciation by Car Color

Bold colors tend to hold their color best, while common colors depreciate at a rate close to average.

Overall, yellow is the vehicle color that holds its value best, depreciating 70 percent less than the average vehicle. “Yellow is among the least popular car colors with the lowest vehicle share and is commonly a color for sports cars and other low-volume…

Read Full Story: https://who13.com/news/national-news/which-colors-help-and-hurt-a-cars-resale-value/

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