Your car’s paint job can affect its value over time

When it comes to reselling your car, its color can have a big impact on its resale value, according to a report from iSeeCars.com.

But the colors that most help you get more money for your old vehicle may surprise you.

iSeeCars looked at 650,000 vehicles that were recently sold and were all three years old. It then compared the vehicles’ depreciation value. What it found was that the most popular colors of new vehicles — white, black and silver — didn’t help in making the value of the vehicles depreciate any less, but some of the least popular colors of new vehicles — like yellow and orange — made the vehicles retain more of their value when being sold on to another owner.

Yellow cars depreciated 4.5% over 3 years, while orange cars depreciated 10.7% over that time — faring much better than the 15% average three-year depreciation for vehicles overall.

<p>In a study done by iSeeCars.com, cars that are yellow (one of the least popular colors of new vehicles) depreciated in value the least after 3 years. In contrast, cars in favored colors like white, black and silver depreciated in value about three times faster over that timeframe.</p>

Mercedes-Benz

In a study done by iSeeCars.com, cars that are yellow (one of the least popular colors of new vehicles) depreciated in value the least after 3 years. In contrast, cars in favored colors like white, black and silver depreciated in value about three times faster over that timeframe.

Silver vehicles depreciated just a hair better than the average, at 14.8%, and white and black vehicles depreciated worse than the average, at 15.5% and 16.1% respectively.

“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 vehicles that hold their value relatively well,” iSeeCars executive analyst Karl Brauer said of the findings. “Because yellow vehicles are so novel in the secondhand marketplace, people are willing to pay a premium for them.”

Vehicle depreciation by color

Depreciation percentages over 3 years

Yellow 4.5%

Orange 10.7%

Purple 13.9%

Red 14%

Green 14%

Blue 14.3%

Gray 14.3%

Beige 14.4%

Silver 14.8%

Overall average 15%

White 15.5%

Black 16.1%

Gold 16.7%

Brown 17.8%

Source: iSeeCars.com

Vehicle color value by vehicle segment

SUVs

  • Average depreciation over 3 years: 16.6%
  • Best color for value retention: Yellow, -2.7% depreciation over 3 years
  • Most-depreciating color: Brown, 19.4% depreciation over 3 years

Trucks

  • Average depreciation over 3 years: 11.7%
  • Best color for value retention: Beige, 3.8% depreciation over 3 years
  • Most-depreciating color: Green, 14.6% depreciation over 3 years

Sedans

  • Average depreciation over 3 years: 14%
  • Best color for value retention: Purple, 10.7% depreciation over 3 years
  • Most-depreciating color: Black, 15.5% depreciation over 3 years

Convertibles

  • Average depreciation over 3 years: 15.8%
  • Best color for value retention: Yellow, 11.2% depreciation over 3 years
  • Most-depreciating color: Black, 17.3% depreciation over 3 years

Coupes

  • Average depreciation over 3 years: 8.5%
  • Best color for value retention: Orange, 5.6% depreciation over 3 years
  • Most-depreciating color: White, 10.3% depreciation over 3 years

Minivans

  • Average depreciation over 3 years: 18.4%
  • Best color for value retention: Green, 13.9% depreciation over 3 years
  • Most-depreciating color: Red, 21% depreciation over 3 years

Source: iSeeCars.com