Yellow cars depreciate less than black ones, says new study

Yellow cars depreciate less than black ones, says new study

Less popular car colors such as yellow and orange depreciate less than the most popular colors like silver and black, finds a new study by iSeeCars.com.

Yellow cars depreciate the least in five years, at an average of 26 percent from the MSRP (adjusted for inflation), while black cars depreciate the most, at 35 percent. For a vehicle with a $20,000 MSRP, that means on average, a yellow car could be worth $1,500 more in year five than the average car with average depreciation.

The three colors that depreciate the most are black, gray and silver; the ones that depreciate the least are yellow, orange and green. The lower depreciation of less common colors is seen across all car types. But for more common colors, depreciation is closer to the average.

–Scarcity may account for the difference ,”said Phong Ly, CEO and cofounder of iSeeCars.com. –Only 1.1 percent of all cars are yellow and orange. If teal and green are included, the percentage still goes up to just 5 percent.”