Saving Green with your Car Color

car sale newletter

Things to think about when Purchasing a Car that may Save You Money

When picking the shade of a car to buy you might be thinking mostly about making a personal statement. But you may also want to think about how the hue will affect your bank statement too. Here are some factors to consider when making the choice.

Safety
One of the keys to avoiding costly accidents is to be seen by others on the road as clearly as possible. If you do a lot of driving at night, a dark car might not be a good buy since it will be harder for drivers around you to make you out from the surroundings. White is a good choice both for driving at night and in general. Gray cars on the other hand can be very difficult to see under certain conditions. Some manufacturers have even stopped making gray cars because of this.

Resale value
Unless you are buying a vehicle on its last legs, you will want to give some thought to your ability to sell the car after you are done with it. That lime green ride may fit your zany personality, but it could cost you hundreds of dollars when it comes time to sell the vehicle. Silver and white tend to be popular choices for those buying a used car.

Cooling
If you live in an area that experiences high temperatures, having a dark car could mean more of the sun’s energy absorbed into the vehicle and more money spent on gas because of the need to run the air conditioning longer.

Cleaning
Unlike with clothes, the color black doesn’t hide stains very well on cars. In fact, black might be the worst color for dirt and grime – they tend to really stand out against the dark background. If you buy a darkly-colored car you may end up paying for more trips to the car wash to keep your vehicle looking sharp. Silver cars are known for keeping a clean appearance longer.

A couple of myths dispelled
There is no evidence that red cars get more speeding tickets. Also, no insurance company has ever said it charges more or less for certain car colors.

About BrightStar Credit Union

BrightStar Credit Union is a not-for-profit, member-owned financial cooperative based in South Florida. If you live, work or go to school in Broward or Palm Beach counties, you can join!

Posted on 04/15/2016, in Uncategorized. Bookmark the permalink. Leave a comment.

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