Even though people generally choose the color of their cars based on their personal preferences, when it comes to resale value, it seems certain statistics are worth considering.
A Study conducted by car search engine iSeeCars analyzed over 2.1 million used car sales and found that color did indeed impact value when passing on ownership.
For example, cars depreciate 33.1% on average in the first three years, with yellow ones holding onto their value best, registering a depreciation rate of just 27%. On the opposite end of the spectrum are gold cars, which depreciate by a whooping 37.1%.
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