Did You Know The Color Of Your Car May Affect Your Monthly Payment?

To a few people, that emerald-green Chevrolet Cruze sure looked nice and shiny on the new-car lot. But owners of such vehicles may become red-faced at trade-in time.

That’s because vehicles sporting non-standard hues fetch lower prices on the used-car market than the same models in more-popular car colors. Black and gray may not light up the sky, but they help vehicle values. It’s a reason those colors stay high on automotive preference lists.

In the case of the emerald-green Cruze, “its trade-in value, depending on the market, is $500 to $1,000 less than a comparable Cruze in a more desirable color,” says Juan Flores, an operations director at AutoTrader.com, an online marketplace.

“It goes back to demand,” he tells WardsAuto.

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monster - 11/13/2013 3:02:53 PM

+1 Boost

Yes at the same time your black and grey car cost more to insure than say white.

MorePower - 11/13/2013 4:50:42 PM

+5 Boost

Another misleading post title!

TehShibbs - 11/13/2013 6:36:03 PM

+1 Boost

Why, yes, my choice of color DID effect my monthly payment, as it was an extra cost option.

Value at trade-in has absolutely nothing to do with a monthly payment, however.

skytop - 11/13/2013 9:24:02 PM

+1 Boost

What about hot pink?