PennyGem’s Elizabeth Keatinge tells us which colors have the strongest resale value. Some colors may surprise you.
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LearningTranscript
00:00 So, you're looking to unload your wheels.
00:06 Well, what color you chose when you picked it out may affect how much it has held its
00:11 resale value.
00:13 As Money Talks News reports, black, silver and white are safe bets.
00:17 An ICCars.com survey shows that gold, brown and purple are the worst colors for resale
00:23 value.
00:24 But not all bold colors make a car lose its value.
00:27 Orange, beige and yellow depreciate at much lower rates.
00:31 Kelley Blue Book reports the most popular colors for SUVs, luxury cars and sedans are
00:37 white, black and gray.
00:38 While for minivans, it's white, black and gray and silver.
00:42 The site says that with changing trends, choosing a color that's popular today may not appeal
00:47 to a buyer five years from now.
00:48 By playing it safe, you could help your bottom line when reselling your car.
00:52 (upbeat music)