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Coming Up Roses - How Color Affects Resale Value

Does The Color Of Your Car Affect Its Resale Value?

"A rose by any other name would smell as sweet" - William Shakespeare

If you think about it, the color of the rose doesn't make any difference either. But have you ever wondered if the color of a car affects its trade in value?

How People Pick The Color Of Their Car

People pick the color of their car for many reasons. It may be a reflection of their personality or the desire to make a statement about their status, and even wealth.

Colors are often chosen based on comfort, practicality and aesthetics. Some of the most popular car colors are white, black, silver, gray and red.

One of the reasons people may choose white is because it looks clean and sleek. It also has a modern look to it. Plus, white can go with any type of interior.

Black is popular because it is thought to be classic and sophisticated. It also won't show dirt as easily as other colors.

Silver and gray are both neutral colors that go with just about anything. They are good choices for those who want a sleek, modern look.

Red is thought to signify power and strength. It is also seen as a more exciting color than some of the other options.

Trending Colors

Some people choose the color of their car based on what is popular at the time. Others may want to be different and choose an unpopular color. There are also those who believe that certain colors are luckier than others.

iSeeCars recently released an article detailing Which Colors Help and Hurt a Car's Resale Value. They reported:

Highlights:

  • A vehicle’s color can have a substantial impact on how quickly it loses value, with the highest depreciating color losing nearly four times the value compared to the lowest

  • Popular colors, including white, black, and silver, have minimal impact, meaning they won’t hurt resale value but they also won’t help a vehicle maintain its value

  • Some of the most beneficial colors for retaining value, including yellow and orange, may surprise consumers

A car’s color can help or hurt its resale value, according to a recent analysis by iSeeCars.com. After comparing prices of more than 650,000 recently sold three-year-old used cars, iSeeCars determined the average three-year vehicle depreciation rate by car color. 

 “A vehicle’s color is among the primary considerations after shoppers have decided on a make and model,” said iSeeCars Executive Analyst Karl Brauer. “With depreciation being the largest cost of vehicle ownership, consumers should carefully consider their color choice–especially if they plan on selling their vehicle.”

Be sure to read the entire article here

 

Should We All Just Buy Yellow Cars?

While the numbers speak for themselves, there are other factors you should consider before jumping on the Yellow car bandwagon. Do you really want to drive a yellow car ? If the answer is no, then it doesn't matter how well it holds its value.

The same goes for any other color. If you love the color purple and it just so happens to have a good resale value, then go for it!

 

Looking for a new car?

You'll love our selection of quality used cars - they're reliable and affordable. And we're here to help you every step of the way. You won't find a better selection or price anywhere else.

We can even find that Yellow car you've always wanted.

Contact us today to learn more!



Is Your Old Car Keeping You Up At Night

Rust Never Sleeps - Is Your Old Car Keeping You Up At Night?

Have you lost sleep worrying about your old car breaking down or rusting away? Maybe you should think about trading it in for a newer model. When you do, you'll want to take steps to keep your new car from succumbing to the same fate as your old one.

Remember the better the condition of your car, the higher its resale value will have.

Here are some tips to prevent rust:

1. Check for rust regularly and treat it immediately

2. Wax your car regularly

3. Store your car in a cool, dry place

4. Avoid driving through puddles

5. Don't wash your car with harsh chemicals

6. Use rust-resistant paint on your car

7. Keep your car clean and free of dirt and debris

8. Treat minor scratches and dents promptly

 

Garage Kept Cars - Winter Warning

In general keeping your car in a garage year round is the best way to prevent rust, but there is a caveat during the winter months. If you live in an area with heavy snowfall, road salt and other deicing chemicals can splash up onto your car while you're driving. These chemicals will accelerate the formation of rust on any exposed metal on your car. You should also wash your car regularly, to remove any salt and other corrosive materials that may have accumulated on the surface.

Leaving your car parked in the garage as much as possible goes a long way in preventing rust but even that might not be enough. The best way to keep your car from rusting is to take some preventative measures. Here are a few things you can do:

Wax On, Wax Off

Another good way to prevent rust is to keep your car's paint finish in good condition. A fresh coat of wax will act as a barrier between the metal and the elements, helping to prevent moisture and other corrosive materials from coming from your car as soon as possible.

Don't Have A Garage - Cover It Up

You can buy a car cover specifically designed to repel water and keep snow and salt off your car. These covers can be pricey but may be worth the investment if you consider how much it would cost to repair rust damage. Also rust will affect the trade in value of your car when the time comes to sell or upgrade

Another alternative is to use a tarp or old blankets to cover your car when you know bad weather is on the way. This won't be as effective as a car cover but it's better than nothing.

If You Must Park Outside - Protect Your Car

The biggest majority of the time you will be parking your car in the driveway, street or other hard surface. Parking your car on grass, dirt, snow or surfaces that do not drain well can contribute to rust forming on the undercarriage, fender wells and other areas of the car.

If you find yourself in this situation try to park your car in a spot that is not likely to puddle after a rain or snowstorm. As the ground becomes soft from the moisture, mud, gravel and other loose material can pack into areas of your car that are hidden from your view. From time to time do a visual inspection to remove any build up in these areas.

Is It Time To Trade Your Car?

We know that trading in your old car can feel overwhelming. You have to find a dealer, figure out what your car is worth, and then complete the paperwork.

To make the process as easy as possible for you. We will give you a fair market value for your car and work with you to find the best financing option for your new car.

We have a large selection of cars, so you are sure to find one that you love. Our staff is here to help guide you through the entire process, so you can feel confident about your purchase.

Garrett's Auto Sales - Best Midsize Sedans

Please Read Garrett's Auto Sales - Best Midsize Sedans

Content provided by MotorTrend

MotorTrend tests more than 200 vehicles at the track every year. We rate cars using the same factors you do, including how they drive, interior space, efficiency, tech, value, and safety. Ratings are only applicable within each respective segment.

  1. 2022 Honda Accord - 9.1/10 - After a midcycle refresh for 2021, we're not expecting any major changes to the Accord for 2022. Barring any significant revisions, it will carry forward with two gas engines and a hybrid option. The Accord competes with other affordable four-doors including the Hyundai Sonata, Toyota Camry, Kia K5, and Subaru Legacy.

  2. 2022 Subaru Legacy - 8.6/10 - Subaru knows its buyers and delivers on their priorities with the Legacy. The midsize sedan offers a compelling blend of technology, safety, and performance in a roomy and comfortable vessel. Middling style and a vexing CVT are the Legacy's greatest Achilles heels.

  3. 2022 Hyundai Sonata - 8.5/10 - Hyundai has been selling the Sonata here in the U.S. for more than 30 years, and the current eighth generation is the best version yet. Redesigned for the 2020 model year, the Hyundai Sonata is among the better midsize sedans on the market. It's mechanically related to the Kia K5.

  4. 2022 Kia K5 - 8.3/10 - The midsize sedan once known as the Kia Optima has transformed into the K5. Introduced for 2021, the K5 stands out in the segment with evocative exterior styling. Yet despite those looks it remains a relatively normal car in terms of features and capabilities. The K5 is offered with a choice of turbocharged engines and available AWD. Like the Optima before it, the K5 targets sedan stalwarts like the Honda Accord, Toyota Camry, and mechanically related Hyundai Sonata. The K5 is built in West Point, Georgia, alongside the Kia Telluride.

  5. 2022 Toyota Camry - 8/10 - Although it's no longer Toyota's best-selling model (that title now goes to the RAV4), the venerable Camry remains a go-to choice for those seeking a dependable midsize sedan. The current-gen Camry was introduced for the 2018 model year and sees a mild face-lift for 2021. The Camry sits squarely in the center of Toyota's lineup of sedans between the compact Corolla and full-size Avalon. Besides its longtime rival, the Honda Accord, the Camry also competes with midsize four-doors including the Subaru Legacy, Nissan Altima, and Hyundai Sonata.

  6. 2021 Nissan Altima - 7.7/10 - Positioned above the compact Sentra and below the full-size Maxima, the Altima is the middle child of Nissan's sedan lineup. Nissan issued a full redesign of the Altima for the 2019 model year, and the family sedan has been relatively unchanged since. The Altima competes in the midsize sedan segment alongside cars such as the Honda Accord, Hyundai Sonata, Toyota Camry, and Subaru Legacy.

  7. 2022 Volkswagen Passat - 7.1/10 - Once one of Volkswagen's most successful cars in the United States, the Passat enters its final year of production with a Limited Edition trim. It rides on the platform that's been on sale in the United States since 2012, the same year it won our MotorTrend Car of the Year award. The Passat last received a major refresh in 2020. Although this midsize sedan no longer feels like a fresh offering, it comes with the traditional advantages of its segment, namely a comfortable ride, a large trunk, and spacious interior.

  8. 2021 Chevrolet Malibu - One of the longest-running nameplates in the Chevrolet lineup, the Malibu has been a mainstay in the midsize sedan segment for decades. Since its inception, the Malibu has evolved from a rear-drive car that's available in multiple flavors to a front-drive model offered only one body style. Chevrolet even offered a hybrid Malibu for a short time to lure eco-minded consumers to the brand. With only a short time left before it's discontinued, the Malibu lineup has been streamlined. A number of cosmetic packages are also offered.

  9. 2021 Mazda Mazda6 - As we wait for the rumored RWD, inline-six-powered, next-gen 6, Mazda adds some polish to its midsize sedan for 2021. The current-generation model debuted for the 2014 model year and saw a mid-cycle facelift for 2018, adding a turbocharged engine option. The 2021 Mazda 6 competes with other affordable midsize sedans including the Honda Accord, Toyota Camry, and Hyundai Sonata.

Original Source: https://www.motortrend.com/style/sedan/

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