View Poll Results: Does a car's color affect the resale value?
Yes
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38
73.08%
No
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2
3.85%
Maybe a little but not much
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12
23.08%
Voters: 52. You may not vote on this poll
Does your car's color affect your resale value? Poll
#46
Lexus Fanatic
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#47
Lexus Fanatic
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Well, then, that itself begs the question, which we have discussed before in other Car Chat threads............are people buying these neutral colors because they actually WANT them, or simply because they are readily available on dealer-lots, and, being strapped for time as many people are today, they simply don't want to have to put in a special-order and wait several months, like I did for my Cinnamon/Bronze-colored Encore GX? I've said many times before....you cannot sell what you don't produce. My next-door neighbor, for instance, hunted and waited a long time for a reddish-orange Bronco Sport.
Carmakers know their business, they know what colors people want. Its like when we sell homes...we paint them grey inside because thats the color that appeals to and is inoffensive to the largest group of people. I can tell you with total confidence a house full of colorful paint will take longer to sell and sell for less.
Last edited by SW17LS; 06-16-23 at 08:30 PM.
#48
Lexus Test Driver
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I think ur just messin' with us, for real you car is orange?
For anybody else I could believe with no pic but I had you pegged for ultra conservative for colors and was guessing white or silver.
Cool deal but if your car is an RX350 you may be sitting on it a little while if trying to sale privately. Probably have to trade it in to Carmax or car dealer to get out quick when its time for resale.
But if something sporty, I can see fast sale with good resale value.
Just guessing guys, I am not a pro at this. Lol
For anybody else I could believe with no pic but I had you pegged for ultra conservative for colors and was guessing white or silver.
Cool deal but if your car is an RX350 you may be sitting on it a little while if trying to sale privately. Probably have to trade it in to Carmax or car dealer to get out quick when its time for resale.
But if something sporty, I can see fast sale with good resale value.
Just guessing guys, I am not a pro at this. Lol
#49
Lexus Fanatic
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The fact that some colors bring more money than other colors on the used market tells you that demand is higher for them. This is business 101. If there were all this demand for different colors, you would see the market show that and there would not be a difference in value or the unusual colors would actually be worth more.
And, of course, common sense and simple math would dictate that if mostly neutral colors were sold on these vehicles when new, that's what you are also going to mostly find on the used-car market as people trade them in, sell them, or come off-lease. The days of Earl Sheib's $29.95 Eco-Special vehicle-repaints in any shade you want are LONG gone LOL.
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Last edited by mmarshall; 06-16-23 at 08:46 PM.
#50
Lexus Fanatic
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The used-car market is not necessarily like the one for new vehicles. With a new vehicle, a prospective buyer can, in some cases, at least order a color not in stock. That cannot be done with used vehicles, especially those out of production....it's basically take it or leave it, unless you want to do a lot of hunting on the internet and and perhaps dealing with unknown people or strangers far away.
And, of course, common sense and simple math would dictate that if mostly neutral colors were sold on these vehicles when new, that's what you are also going to mostly find on the used-car market as people trade them in, sell them, or come off-lease. The days of Earl Sheib's $29.95 Eco-Special vehicle-repaints in any shade you want are LONG gone LOL.![Big Grin](https://www.clublexus.com/forums/images/smilies/biggrin.gif)
And, of course, common sense and simple math would dictate that if mostly neutral colors were sold on these vehicles when new, that's what you are also going to mostly find on the used-car market as people trade them in, sell them, or come off-lease. The days of Earl Sheib's $29.95 Eco-Special vehicle-repaints in any shade you want are LONG gone LOL.
![Big Grin](https://www.clublexus.com/forums/images/smilies/biggrin.gif)
I realize you like unusual colors but a majority of people like the "safe" colors, which is they they have higher resale value.
Example...Euro Motorcars has a great spec 2022 S580 that is on the showroom floor and is a managers special...leftover...why hasn't it sold when all the other identical ones have sold? Its green. All the white, silver, black, and grey ones are long sold. The GM of the dealership directly said to me the issue with it is that its green and people want silver, black, white, grey etc. The GM of one of the premier MB dealers in the country knows his business.
#51
Lead Lap
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Markets are markets. Buyer preferences in used cars are not different than new cars. All you have to do is talk to people in the business, it takes longer to sell a car in an unusual color than it does to sell a silver, white, black, etc car, and you see that in pricing. if the unusual colors were in demand, they would sell quickly and they would sell for more money. Its business 101. These are not opinions they're facts.
I realize you like unusual colors but a majority of people like the "safe" colors, which is they they have higher resale value.
Example...Euro Motorcars has a great spec 2022 S580 that is on the showroom floor and is a managers special...leftover...why hasn't it sold when all the other identical ones have sold? Its green. All the white, silver, black, and grey ones are long sold. The GM of the dealership directly said to me the issue with it is that its green and people want silver, black, white, grey etc. The GM of one of the premier MB dealers in the country knows his business.
I realize you like unusual colors but a majority of people like the "safe" colors, which is they they have higher resale value.
Example...Euro Motorcars has a great spec 2022 S580 that is on the showroom floor and is a managers special...leftover...why hasn't it sold when all the other identical ones have sold? Its green. All the white, silver, black, and grey ones are long sold. The GM of the dealership directly said to me the issue with it is that its green and people want silver, black, white, grey etc. The GM of one of the premier MB dealers in the country knows his business.
The exception to the rule of unusual colors are sports cars. Something like an orange viper in the last gen or certain color/stripe combo will go for a fair amount more than a standard red/black/silver one. My blue/white stripes 97 Viper sells for more easily over other colors of that year. Same goes for Lambos, NSXs, old Supras, etc.
#52
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Yep, emerald green. It’s a beautiful color, but that would be my concern too, that I would get tired of it.
Agree that sports cars are different
Agree that sports cars are different
#53
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I think the color of the vehicle does affect its resale value.
#55
Lexus Test Driver
Thread Starter
#56
Lexus Fanatic
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That Utah Orange looks AWESOME! It will hurt on resale, but at the end of the day who really cares?
#57
Lexus Fanatic
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I agree that the Utah Orange color is nice. That is very close (but not quite) to the color of my Encore GX in sunlight.
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Last edited by mmarshall; 06-17-23 at 05:42 PM.
#58
Lexus Fanatic
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It will hurt on resale. But it looks great. You don’t know what you would have gotten for your IS300 if it were silver.
#60
Lexus Fanatic
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On the subject of Honda economy cars, Civics and Fits used to come in some very interesting colors....purple, magenta, aqua/turquoise, lime green, yellow, etc.....Don't see that as much anymore.