Nowadays, the popularity and rapid replacement of automobiles have made the used car market ample, and for some new income or road novices, it is obvious that a second-hand car will have a higher price/performance ratio.
Just like buying a new car, the appearance is also the most intuitive reference standard when people buy used cars.
What kind of used car is the most valuable?In this regard, iSeeCars found some subtle effects on the price of used cars after investigating 1.6 million used cars of more than three years old.
Data analysis 3-year average depreciation rate ranking: orange (21.6%), yellow (22.0%), green (24.5%), brown (28.5%), red (29.1%), ash (29.5%), white (29.5%) , blue (29.9%), black (30.2%), silver (30.6%), rice (31.2%), gold (33.5%).
The research report found that the golden used car is the least valuable, the depreciation rate is 33.5%, iSeeCars CEO Phong Ly pointed out that the golden model is usually used in cars, but this style has become less and less popular in recent years.
The top three with the lowest average depreciation rate are orange (21.6%), yellow (22.0%), and green (24.5%).
According to Phong Ly, these special colors only account for 1.5% of the total number of vehicles. Based on the principle that “things are rareâ€, rare colors help to reduce the discount rate, and the “supply and demand†factor makes these colors more valuable than others. The car color has come longer.
The more common vehicles such as red, silver, white, blue, and black, the fastest depreciation, because there are too many used cars of these colors on the market, so it is not particularly valuable.
However, when buying a new car, the opposite is true. People are far less likely to choose bright colors than black, white and silver.
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