Car Colour Black is the New Silver
Published Date: 26th Apr 2007
Lower-value prestige-brand vehicles, such as compact executive saloons (e.g. BMW 3 Series, Mercedes C-Class), will typically have premiums of £250 for black paint. On larger models, such as SUVs (e.g. Audi Q7, BMW X5) and large luxury cars (e.g. Audi A8, BMW 7 Series), buyers can expect to pay £500 extra.
"While the prestige market generally favours muted colours, there are exceptions," adds Crosthwaite. "For example, vibrant colours - notably solid red - are less likely to have a negative impact on residual values in the sports car segment, as buyers accept it as being in keeping with the character of the car. However, on larger prestige saloons solid red paint is no longer even available as a standard option, and on a compact executive model you could expect a residual value penalty of £1,000 after just one year."
Despite media reports to the contrary, Crosthwaite adds that white is continuing to prove highly unpopular on most prestige-brand cars. "Unless you are the owner of a niche Porsche 911, such as the GT3 derivative, white is still very detrimental to a prestige-brand car’s value. On most prestige saloons - regardless of size - the penalty is around £1,500, and on SUVs this increases to £2,500."
Colour choices: variations in transaction prices for used prestige-brand SUVs and large luxury cars after 12 months and 12,000 miles:
- Black (solid or metallic) £500
- Silver/grey/blue (metallic) Glass’s Guide benchmark value
- Green/red (metallic) - £1,500
- Red (solid - personalised colour) - £1,750
- White (solid) - £2,500UK Car Discount offers great discount on a wide range of new prestige cars.
Buy for cash price or on a new car finance deal to suit you – cheap PCP deals or cheap HP deals. Just select your chosen vehicle, add your options and your new car quote is ready for you.