Eli5: why do white cars have a higher resale value?

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Is it because colours fade? Would you really see two identical cars in a sales yard and the blue one is a grand cheaper than the white one next to it?

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Anonymous 0 Comments

Do you have a reference for white cars having higher resale?

Check out this link https://www.chase.com/personal/auto/education/selling/best-color-for-car-resale#:~:text=The%20top%20five%20car%20colors%20with%20the%20best%20resale%20value&text=Red%20(20.6%25%20value%20lost%20over,value%20lost%20over%20three%20years)

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