New Study Implies That Bold Exterior Colors Boost Resale Value

If you’re in the market for a new vehicle and want to maximize its resale value, you might want to think twice about going with a neutral exterior color. It turns out that hues like beige might reduce a vehicle’s resale value, instead of increase it. Smart Service: Know when it’s time for new tires…

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New Study Implies That Bold Exterior Colors Boost Resale Value | The News Wheel

If you’re in the market for a new vehicle and want to maximize its resale value, you might want to think twice about going with a neutral exterior color. It turns out that hues like beige might reduce a vehicle’s resale value, instead of increase it.

Smart Service: Know when it’s time for new tires

iSeeCars study results

A recent iSeeCars study revealed some interesting statistics about which colored vehicles had the highest and lowest resale values. For starters, you’re 24.3 percent more likely to find a great deal on a beige car than any other color of car. According to the study, this is likely due to the fact that beige cars are associated with high mileage since they’re a popular choice for fleet and daily-driver vehicles. Black, silver, brown, and gold also ranked high on the discounted cars list.

By contrast, the study indicated that bolder colored vehicles tend to have higher resale values. Purple, red, orange, and teal are the top four colors that you’re least likely to nab a deal on.

Here are just some vibrant models to inspire your next purchase, to help boost your return when the time comes to sell it later on.

If you think Chevy delegated its “Shock” color to the Bolt and Sonic models, think again. This highlighter yellow-green Camaro made an appearance at last year’s 2018 SEMA Show, and is an available color choice for the 2019 model year.

Consider claiming an orange Corvette, if you’re a fan of jack-o’-lanterns, Tigger from “Winnie the Pooh,” or the Cincinnati Bengals. Its fiery shade is sure to catch the eyes of passersby.

Photo: Zytonits

You can’t go wrong with an energetic dose of bright yellow. This vivacious Camaro is the perfect companion for creative types who want to make a statement while spreading positive vibes to other drivers sharing the road.

Jumpstart Your Next Purchase: Estimate your trade-in’s value here

News Sources: Jalopnik, iSeeCars

The News Wheel is a digital auto magazine providing readers with a fresh perspective on the latest car news. We’re located in the heart of America (Dayton, Ohio) and our goal is to deliver an entertaining and informative perspective on what’s trending in the automotive world. See more articles from The News Wheel.

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