How Does the Paint Job On Your Car
Affect its Value?
When selling your car, there are several factors that help determine its resale value. Although the make, model, and accident history are essential, the paint’s color and quality can also significantly affect how much someone is willing to pay for your vehicle. Here’s what you should know if you’re planning on selling your car.
How Does Paint Color Affect Resale Value?
According to a study of over 650,000 pre-owned car sales conducted by iSeeCars.com, common paint colors like white, black, beige, and silver don’t add to a car’s resale value; and in fact, beige may actually depreciate a car’s value at a faster rate than other colors.
On the other hand, less common colors don’t tend to depreciate as much. Yellow cars were found to depreciate at an average of 4.5% over a three-year ownership period, which is 70% less than vehicles painted in neutral colors. However, there are also other factors that come into play in determining resale value:
- Type of vehicle: Neutral shades tend to have greater demand when it comes to more practical vehicles, like sedans, trucks, and SUVs. In contrast, muscle cars and convertibles in bright, unusual colors tend to have higher resale values.
- Production: The colors of vehicles produced can significantly impact their demand and popularity. A particular model might be manufactured in large numbers, but the availability of specific shades may vary. Rarer colors can attain collector status because they’re not widely available or stocked at all dealerships.
- Popularity: Just because a color is unusual doesn’t mean it will help a car’s resale value! Certain shades have decreased in popularity over time. According to iSee, brown, purple, and gold cars are less likely to retain their value than red, blue, green, yellow, or orange cars.
- Location: Resale value can vary depending on where a vehicle is sold and the trends in that region. Dealerships in one part of the country may experience higher demand for certain colors than others. For example, in warmer climates, white cars are favored (despite experiencing more depreciation) because they tend to stay cooler and hide scratches better.
How Does Paint Quality Affect Resale Value?
Unsurprisingly, the quality of a car’s paint can affect resale value by a couple thousand dollars. It makes sense—car paint, beyond being aesthetically pleasing, is designed to protect the metal below from rust and other types of corrosion. The following factors can cause a car to have a lower resale value:
- The vehicle wasn’t washed regularly
- Scratches, dings, and swirls on the surface of the paint
- Dings and scratches that have resulted in superficial rust
- The car wasn’t detailed before putting it up for sale
- Bumper stickers or other decorative additions to the exterior
Get Your Car Resale-Ready
If you’re thinking about selling your car, it’s a good idea to take a critical look at the paint. Whether you’d like to touch up a few spots or completely repaint your vehicle, Cline Collision Center is here to help! We offer flawless paint matching and painting services that will have your vehicle looking brand new in no time. Call us today at 707-591-9909 to get a free estimate or schedule an appointment.