 Fancy paint, color won't help car's resale value
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 Dear
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
 Dear
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.
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If you have a question for Terry, e-mail him at Driving
for Dollars. |
