NEW ONESYou can now listen to Fox News articles!
Choosing the color of your new car is a personal choice, but it may cost you later.
Cars of certain colors can hold their value significantly better than others, according to a new report from the online marketplace iseecars.com.
The study looked at the depreciation of recently sold three-year-old cars, averaging 15%.
At the bottom of the list were brown cars, which saw a 17.8% hit, amounting to $7,642.
White, which auto paint maker Axalta says has been the most common color globally for the past 11 years, also fell short at 15.5% ($6,490), while popular silver cars outperformed slightly at 14.8% ($5,499). The top three was much more striking.
CLICK HERE FOR MORE AUTOMOTIVE NEWS FROM FOX NEWS AUTOS
Purple was number three at 13.9% or $5461 and orange number two at 10.7% or $3,825, but number one blew the rest away.
Yellow vehicles saw a loss of just 4.5% of their value, or $3,155, which was 70% better than the industry average, in part because they represent less than 1% of vehicles sold.
“Because yellow vehicles are so new to the used market, people are willing to pay a premium for them,” iseecars.com executive analyst Karl Brauer said.
CLICK HERE TO GET THE FOX NEWS APP
Several mainstream models currently available in yellow include the Jeep Wrangler, Chevrolet Corvette, and Kia Seltos, but part of the reason the color fared well is that the vehicles that typically appear in it are high-end sports cars and limited-edition models. print run.