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Marshall Motor Holdings Plc

Does car colour affect resale value?

What does your car colour say about you? After three years of grey trending, white is becoming the car colour of the moment. Car registration data from the DVLA analysed by RAC Insurance, reveal that as of March 2020 white car registrations rose by 269,314 compared to 2019. So white must be everywhere, right? Wrong. White cars still only make up 13.5% of cars on our roads, with black the most popular at 6.5 million (20.1%). Silver and blue are in 2nd and 3rd place with 17.6% and 17.1% respectively. Grey takes 4th place with 15.2%.

RAC Insurance spokesman Simon Williams said: “While black continues to top the car colour popularity chart, the appeal of white is still very much on the up. In fact, today there are 1.5m more white cars on the roads than there were in 2016.

“Silver’s appeal is waning, and blue is also out of favour, with just under 90,000 fewer registered cars on the road than the same time in 2019.

“It’s always interesting trying to work out at what point a colour goes out of fashion. Clearly, this is what happened with silver, which was the number-one choice in 2017 but fell back into second a year later and has remained there ever since.”

Marshall Motor Holdings Plc (LON:MMH), together with its subsidiaries, engages in retailing passenger cars and commercial vehicles in the United Kingdom. It sells new and used vehicles; and provides after sales services, such as servicing, body shop repairs, and parts sales.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.