alt Hacker NewsWhen it comes to things like cars and room interiors, neutral colors have a much better resale value because they appeal to people more widely. For cars, vibrant colors might mean higher insurance rates (red cars are associated with sports cars, young drivers and aggressive driving).
Replies
BeFlatXIII • yesterday at 12:55 AM
Car color ought to be banned from being a consideration for insurance rates.
That is the general perception with Red and Orange which can cost more to insure.
There are other factors with car colour:
- Visibility: white and yellow are more visible and get a premium discount.
- Fleet ownership: which mostly means white.
The amount of grey manufactured at the moment is interesting as they attract a higher premium because they are basically the same colour as the road. Black is also deemed less visible.