Car colour has been a hot topic amongst car buying families, looking around the roads it appears many new car buyers are now choosing white over traditional colours such as black, silver and grey. But, if you are looking for used cars in London then will you have to pay a premium for the colour of your choice?
We already know that each used car is unique, when buying a new car you can be very specific as to what you want but when buying used you have to look for the car that has everything you want already fitted. In many instances a used car buyer does not get everything they wanted in a car, and in most cases it is not in the colour they wanted.
Fleet car operators have a specific colour palette that they are authorised to select from, this is because many believe that trendy colours like white will only be a temporary phenomenon and by the time it comes to reselling the car that colour may no longer be desirable. This is why most company cars come in black, silver or blue.
Black cars have consistently delivered a solid performance accounting for around 25% over the last five years, but it is silver and grey cars that have dominated the colour charts - accounting for more than 40% of all new cars sold in the last five years. The popularity of white cars has exploded with white paint finish capturing more than 15% of new car sales in 2011, up from a lowly 2% in 2007.
In my own opinion you should choose a colour that best suits you, the resale value will only take a major hit if you choose a really “different” colour like Orange or Indigo. But, then again sometimes buyers want to be “a bit different” and go for the brighter and unusual colours.