RALEIGH, N.C. (WNCN) — The color of your car might reduce the value of your vehicle when it is time to trade it in.
The website ISeeCars conducted a study looking at the hues which generate the maximum bang-for-your buck and it turns out that neutrals aren't your friend.
Looking at vehicle depreciation in the Raleigh/Durham/Fayetteville market, ISeeCars found white vehicles lose the most money after three years while yellow cars hold their value the best.
It is a trend that is echoed nationwide.
Overall, yellow vehicles depreciate 24% in three years; at the other end of the color spectrum, gold vehicles average a depreciation rate of 34.4%.
While black, white, silver, and grey continue to be the most popular colors for new vehicles, ISeeCars Executive Analyst Karl Brauer explains why