by Gabrielle DeSantis

Taxis are yellow for a reason. Maybe it’s so they’re easy to spot. Or maybe, it’s because a recent study shows yellow cars have unusually high resale values. Compared to other models, yellow cars experience less depreciation. Additionally, they often sell for more than your standard black or silver SUV would. iSeeCars compared the prices of millions of new and used cars between 2017 and 2020 to determine this, as well as which colors can hurt the resale of your ride.

Odd colors hold value better than traditional ones

If you live within sight of any road, go outside for a moment and watch the cars pass. Odds are, you saw a mix of silver, white, and black cars and trucks. These colors are on the road because they are seen as the “safest” in terms of popularity by buyers. No one is going to be vehemently opposed to a white Toyota RAV4 SUV. But if that same RAV4 were pink, or bright green, the owner may have a hard time selling it.

It is this logic that leads to the number of bland-colored cars on the road. However, according to the study, this logic is flawed. More unique color choices, like a yellow car, do in fact command more of a premium both online and at the dealership. Take the new Civic Type R LE, for example. In Phoenix Yellow, some examples go for almost $60,000 just because of the iconic Honda paint color.

Yellow cars and trucks are at the top of the list

Now, this is not to say that yellow cars and trucks are free from the woes of depreciation. They do in fact, still depreciate. This has more to do with make and model than anything. A yellow Lamborghini isn’t going to depreciate the same as the new Jeep Wrangler seen above. However, on average, yellow cars depreciate more than 17% less than the next most “stereotypical” color on the list: silver.

A silver car will, on average, depreciate around 37% compared to a yellow car’s 20%. It only gets worse for the less adventurous colors from there. Black and white cars depreciate around 30%. Even a loud color like orange will do better depreciation-wise, dropping only 27%, still far better than the parade of dark-colored cars you see on the way to work every day.

The time to sell is now

With this in mind, it may be time to sell your yellow car. The semiconductor shortage has driven the used auto market to record highs lately, and anything you can do to add value to your ride will help. What’s more, brighter or less conservative colors are more likely to capture the attention of enthusiasts. These people may in some cases be willing to pay far more for a more unique car in a rare color, like the Honda S2000 seen above in Phoenix Yellow. So, next time you go to buy a car make sure to choose something out of the ordinary, it may just save you a little money in a few years.

RELATED: What Your Car’s Color Says About You

The post Take Advantage of Used Market Craziness by Selling Your Yellow Car appeared first on MotorBiscuit.

by Gabrielle DeSantis

The Barrett-Jackson car auction happens every summer in Las Vegas and tends to sell some of the highest-profile and most expensive cars in the world. Most of us tune in to see the crazy-fancy stuff like a Ford Shelby GT500 or a pike’s peak winner for sale. However, most people don’t know that there are actually some really affordable and ever sometimes cheap cars that roll across the block at Barrett-Jackson. These are the most affordable cars sold at the 2021 Barrett-Jackson auction. 

Is the Barrett-Jackson car auction only for expensive cars? 

Nope. Not necessarily. Although Barrett-Jackson is known for its six- and even seven-figure cars like Carroll Shelby creations or some legendary, race-winning cars. However, we don’t tend to think of Craigslist-priced cars. But, these cars come across the block at Barrett-Jackson more often than most people realize. 

There are plenty of cars, trucks, vans, motorcycles, and other vehicles that don’t break $20,000. But, unfortunately, we don’t tend to see them because they aren’t aired during the prime-time slots. In fact, there are even more affordable cars sold at Barrett-Jackson – like, actually cheap. 

According to The Drive, Barrett-Jackson’s latest auction was held as a no reserve event, meaning that whatever the highest bid is (no matter how low it might be) gets to take the car home. Oftentimes, a car’s owner will set a minimum price that they are willing to take. If the bids don’t reach that amount, then the car will not sell. 

So, with the auction being no reserve, it opens the field up for some screaming deals if only one person wants a particular car. This leads to some of the most affordable cars we’ve ever seen at Barrett-Jackson. 

The most affordable car sold at Barrett-Jackson was a truck

This 1976 Ford F-150 Ranger XLT was the most affordable car (truck) sold at the 2021 Las Vegas Barrett-Jackson auction. 

Compared to many other things sold at the 2021 Barrett-Jackson event, this old Ford F-150 might seem a bit dusty, but no one can deny its coolness. This old truck might look rough, but with only 122,000 miles and a price tag of only $3,740, you’d be hard-pressed to find a better deal on a solid old pickup. 

The 2021 Barrett-Jackson car auction let this Jaguar slip by undetected 

Second, on the list of the most affordable cars from Barrett-Jackson is this 1987 Jaguar XJS. Even though these Jags might not be the most reliable cars on Earth, good luck finding another V12 for only $3,850.

If the 0-60 mph time of 6 seconds or the 291 hp doesn’t perk you up, then the fact that the previous owner had just done a major mechanical and electrical overhaul might. These Jags are notorious for electrical gremlins, but this one has been seen to and might just be a strong Jaguar – maybe. But, strong or not, it was definitely one of the most affordable cars sold at the 2021 Barrett-Jackson auction. 

A Rolls-Royce was one of the most affordable cars sold at Barrett-Jackson

Believe it or not, the third cheapest car that sold at the 2021 Barrett-Jackson auction was a 1989 Rolls-Royce Silver Spur. Not only is this a Rolls, but it’s also the extra-luxurious long-wheelbase version. In the late eighties, there was nearly nothing more luxurious than this. 

This boat is powered by a 6.7-liter V8 with plenty of power to glide this marshmallowy car around town without a care in the world. In addition, this thing is loaded with white leather upholstery, lamb’s wool carpeting, and African Blackwood Burl accents. 

When new, this Rolls-Royce sold for $142,000. However, it sold at auction for mere pennies on the dollar – $4,400 to be exact. 

There’s always a deal; you just have to look for them

Barrett-Jackson is the land of blue-chip cars, but with some creative taste, a few grand, and an optimistic outlook, there are some hidden gems are out there waiting to be found. The most affordable cars sold at the 2021 Barrett-Jackson auction might be cheap, but it’s still Barrett-Jackson, after all. 

RELATED: Can You Spectate the Barrett-Jackson Auction?

The post Here Are the Most Affordable Cars Sold at the 2021 Barrett-Jackson Car Auction appeared first on MotorBiscuit.