Everyone knows that a car's value drops a lot in the first few years after it is bought. But the color of a car can sometimes make this bad situation even worse.
iSeeCars found that a car loses 22.5% of its value after three years on the road. Some colors do better than others, like yellow cars, which lose only 13.5% of their value in that time.
Other colors, on the other hand, lose more than $10,000 in value.
The three-year depreciation rate for cars of this color: 22.7%
The three-year depreciation rate for cars of this color: 23.2%
The three-year depreciation rate for cars of this color: 23.9%
The three-year depreciation rate for cars of this color: 24%
The three-year depreciation rate for cars of this color: 25.9%