Bankrate.com

auto

Fancy paint, color won't help car's resale value

q_v2.gifDear Terry,
On a recent new-car shopping expedition I noticed some cars carry an extra charge for the paint job, sometimes as much as $1,000. Can it really cost that much for bright yellow paint, and when it comes time to sell, will I get much of that added money back?
-- Colorblind

a_v2.gifDear Colorblind,
Paint on a new car stopped being just a matter of spraying on a color long ago. Clearcoat and metallic finishes are multistage operations that sometimes require greater expense on the assembly line.

But even given that, manufacturers have found a new way to eke out some additional profit by jacking up the price of some of the more distinctive colors.

In the end, these colors add only a small fraction of added value when it comes time to sell, and some of the more oddball colors can even detract from a car's value. Remember: The most popular colors today are shades of gray.

Here are this week's reader questions:
  • Cleaner, quieter diesels offer high fuel efficiency
  • Is a high-ticket paint job worthwhile on a new car?
  • How much should I pay off when my car is repossessed?
  • Can I depreciate new car that's already been driven?

 

advertisement

Compare Auto Rates
zip code:
product:



advertisement
 

A little research could save you BIG on interest.

Don't have time? Our rate-tracker tool saves you time and money. Delivered Thursdays.
 
advertisement
Bankrate on Facebook
Partner Center
advertisement
There is more than meets the eye in the recent small claims court case where a former attorney was awarded a nearly $10,000 judgme