They were two brutal years for car buyers. The lack of microchips has meant that new and slightly used cars are scarce. That had the prices uploaded.
The dealers have started to calculate the retail price proposed by the manufacturer for some vehicles.
The period was mixed for automotive companies. They were able to eliminate expensive incentives that steal profits. However, a low inventory means low sales. Some assembly lines were closed.
It is unlikely that the lack of semiconductors will end this year. These chips carry out the navigation and entertainment systems of most vehicles. Supply chains were interrupted, mainly due to the Covid 19 pandemic.
One of the main consequences of car shortage is that people have it longer. The average age of a car on US streets is just over 12 years old.
The best produced cars are one of the reasons.
When people look at the value of their used cars, they usually look at how many miles have and if they had accidents. It turns out that there is another factor. The color of a car can affect its value.
When the Iseecars website recently published its color of the car and its effects on the value:
What colors help and damage the resale value of a car?
In the report, Karl Brauer, Executive Analyst Iseecars, commented: “Since depreciation is the highest ownership costs for a vehicle, consumers should carefully take their color selection into account, especially if they plan to sell their vehicle.”
Interestingly, popular colors such as black, white and red affect the value if the criterion is three years of depreciation.
What is the best color of a car?
Brauer says: “Because yellow vehicles are so new on the second market, people are willing to pay more for them.”
The three -year depreciation of yellow cars is 4.5%. It is a great advantage over orange color, which takes second place, with a depreciation of 10.7 % in three years.
The worst car color to maintain the value is brown with a depreciation of 17.8%
These are the colors of cars with larger and less depreciation:
Color – % of the 3 -year depreciation compared to the general average
Yellow 4.5% 0.3 ×
Orange 10.7% 0.7 ×
Purple 13.9% 0.9 × purple
Rojo 14.0% 0.9 ×
Verde 14.0% 0.9 ×
Azul 14.3% 1.0 ×
Gris 14.3% 1.0 ×
Beige 14.4% 1.0 ×
Plata 14.8% 1.0 ×
Blanco 15.5% 1.0 ×
Negro 16.1% 1.1 ×
Oro 16.7% 1.1 ×
Marrón 17.8% 1.2 ×
