A study has revealed how much a 3-year-old car loses in value compared to its color. Contrary to popular belief, white and black colors do not give a good result technically. Those who want the vehicle not to lose value should prefer yellow color. Okay, why is it yellow?
No car owner wants his car to get old. Some even take care of it so that the vehicle does not lose value. However, cars, sun, rain, dirt, dust, etc. due to external factors they are doomed to wear out. A new research on the subject reveals that the second hand sales value so as not to fall which color car should be preferred together with the reasons.
A study by iSeeCars found that preferred colors affect resale value revealed. So much so that when the right colors are preferred, the value of the car remains thousands of TL even after years. Because some colors, even though years have passed, to look more alive provides.
Depreciation rates according to the colors of the vehicles:
Colour | 3-year depreciation rate |
---|---|
Yellow | 13.5% |
Beige | 17.8% |
Orange | 18.4% |
Green | 19.2% |
Red | 20.6% |
White | 21.9% |
Blue | 22.0% |
Grey | 22.5% |
overall average | 22.5% |
Purple | 22.7% |
Silver | 23.2% |
Black | 23.9% |
Brown | 24.0% |
Gold | 25.9% |
As you can see in the table above; on average 3 years after a car is purchased 22.5 percent is losing value. Let me point out that; The extraordinary process we have experienced in Turkey in recent years should not be taken into account. For several years, every car purchased in Turkey has started to earn as much as gold. However, as soon as you put a license plate on a brand new vehicle, its value would decrease. Imagine we are in those years.
On the other hand; yellow, beige, orange, green And red We see that colored cars have experienced the least depreciation in the 3-year period. However, in Turkey, we associate the color yellow with taxis, and we do not prefer vehicles in this color with the fear of “it will be difficult to sell”. Considering that the three most preferred colors in our country are white, gray and blue, according to a study conducted by TUIK in September 2022, as Turks we’re focusing on the wrong spot possible to say.
So what about the segments?
Depreciation rates by color in sedan cars:
Colour | 3-year depreciation rate |
---|---|
Brown | 16.8% |
Red | 17.4% |
Orange | 18.8% |
Blue | 18.9% |
Beige | 19.3% |
Green | 20.1% |
Yellow | 20.4% |
overall average | 20.9% |
White | 21.0% |
Silver | 21.2% |
Grey | 21.3% |
Black | 22.6% |
Gold | 23.3% |
Purple | 24.6% |
According to the table above, sedan cars are at an average rate of 20.9 percent in 3 years. depreciation they live. However brownred, orange and blue sedans are less depreciated than others.
Depreciation rates by color in SUV cars:
Colour | 3-year depreciation rate |
---|---|
Yellow | 9.1% |
Green | 20.4% |
Orange | 21.1% |
Purple | 22.5% |
Red | 23.3% |
Beige | 23.7% |
Grey | 24.3% |
White | 24.5% |
overall average | 24.8% |
Blue | 24.8% |
Silver | 25.2% |
Black | 26.0% |
Brown | 26.3% |
Gold | 27.2% |
When there is a body type SUV, it is more common in our country. black and white color We see cars. However, it turned out that this was not a very good choice. According to the research, while the 3-year average loss of value in SUVs was 24.8 percent, the rate of depreciation in black SUVs was recorded as 26 percent. In white, we see a 24.5% depreciation. The best colors to choose for this body type yellowgreen, orange, purple and red.
Let’s get to the details: How was this research done?
iSeeCars, in order to carry out the research in question, has a 2020 model year. 1.6 million units He inspected the vehicle. Inflation data in the US were also used during these reviews, which covered the period from August 2022 to May 2023. The team, which calculated the loss of value for the vehicles, adapted it according to body types and colors. However, your results is reasonable possible to say.
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