{"id":69516,"date":"2023-06-13T12:51:53","date_gmt":"2023-06-13T16:51:53","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/heres-why-buying-a-yellow-car-might-be-a-bright-idea-69516"},"modified":"2023-06-13T12:51:53","modified_gmt":"2023-06-13T16:51:53","slug":"heres-why-buying-a-yellow-car-might-be-a-bright-idea","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/heres-why-buying-a-yellow-car-might-be-a-bright-idea-69516","title":{"rendered":"Here’s why buying a yellow car might be a bright idea"},"content":{"rendered":"
\n

Yellow cars are solid gold\u2026 in the used car market<\/a>.<\/p>\n

A new report from iSeeCars has determined which color vehicles hold their value the best, and the more colorful the better.<\/p>\n

Well, usually.<\/p>\n

The study looked at 1.3 million transactions of three-year-old cars and trucks sorted by color to determine their depreciation.<\/p>\n

THIS FORD TRUCK IS THE VEHICLE MOST LIKELY TO LAST 250,000 MILES<\/strong><\/a><\/p>\n

Yellow vehicles lost just 13.5% of their value during the period, compared to an average of 22.5%.<\/p>\n

It often tops the list, but not just because people like cheery bright cars.<\/p>\n

It’s actually the least common car color<\/a> in the U.S., accounting for just 1% of sales, which makes it a rarity on the used car market.<\/p>\n

“Yellow cars continue to represent the greatest disparity between how many are produced and how many people want one,” iSeeCars<\/a> executive analyst Karl Brauer said.<\/p>\n

“While not many people want a yellow car, there are clearly more people who want one than exist, which is why yellow performs so well on the secondary market.”<\/p>\n

CLICK HERE TO SIGN UP FOR THE FOX NEWS AUTOS NEWSLETTER<\/strong><\/a><\/p>\n

The once-ubiquitous beige finished second on the list at 17.8%, which reflects its recent shift toward becoming a niche color.<\/p>\n

It was followed by orange, green and red, while black, brown and actual gold were the three worst performers, the last of which saw an average depreciation of 25.9%.<\/p>\n

“It\u2019s interesting to see how color rankings change across vehicle segments, reflecting the shift in preference based on the type of vehicle someone is buying,” Brauer said. “Even more interesting is the consistently low ranking of supposedly popular colors like black and silver.”<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/auto\/why-buying-yellow-car-might-bright-idea <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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