Why fleets favour grey cars for stronger resale values

Staff
By Staff
5 Min Read

Grey, silver and white cars may look increasingly suited to the digital age, but their popularity is also being driven by a more practical concern: they can hide used vehicle imperfections more effectively and reduce preparation costs.

Reserach by technical data specialist Vehicle Data Global (VDG) shows that monochromatic colours have become increasingly attractive to fleet operators and dealers because they disguise minor scratches, stone chips and swirl marks better than many brighter solid colours.

Its analysis of car colour trends since 1900 found that traditional primary colours such as red and blue began losing ground around the turn of the millennium, when silver emerged as the dominant choice. White and grey subsequently grew in popularity, with grey now the most common colour among cars on Britain’s roads.

Colours that cut prep costs

VDG said the rise of grey, silver and white coincided with the growing influence of digital technology on consumer design, particularly the clean, metallic finishes associated with desirable high-tech consumer products.

However, it said the automotive sector’s increasing focus on residual values and used car preparation provide an equally important explanation for the change.

As company cars and fleet vehicles became a larger part of the market, operators increasingly selected colours that would retain broad buyer appeal and could be returned to near-showroom condition more easily at the end of their working lives.

Silver was particularly favoured because it remained visually cleaner despite road grime and could often be restored effectively ahead of resale. Grey, silver and white also have optical qualities that can make minor paintwork damage less visible than it would be on solid red, blue or black vehicles.

Grey protects used car margins

VDG said the ability to disguise everyday wear can reduce the amount of paint correction and detailing required before a vehicle is advertised on the used market. That can help fleets protect residual values while allowing dealers to reduce preparation costs and bring stock to market more quickly.

The company said these commercial considerations had helped monochromatic colours dominate the market for the past 26 years.

Ben Hermer, operations director of Vehicle Data Global, said: “While it is interesting to connect car colours with wider cultural trends, UK automotive is one of the most sophisticated markets in the world and not much happens in it without good practical and professional reasons.

“So, although the rise of digital technological design aesthetics doubtless made achromatic car shades appealing to buyers, the focus of fleets in particular on resale values is often overlooked.

“Grey is the perfect colour for the moment we are now in, because it combines business priorities with an aesthetic that suits the increasingly high-tech nature of cars. As a neutral, mid-tone shade, grey is exceptionally good at hiding the minor scratches, road chips,and swirl marks from automatic car washes that accumulate over 60,000 miles of fleet service.

“And dealers favour it because it optically masks minor imperfections, meaning less paint correction and detailing to look showroom-ready for the next owner, thereby saving significant prep costs.”

Technology shapes colour choices

VDG said the switch to monochromatic shades also reflected a wider cultural shift towards technology-led design. Silver, white and grey became increasingly prominent in consumer electronics during the dot-com boom and the period described by design historians as Y2K Futurism.

The company said the rise of increasingly sophisticated electric and digitally connected vehicles had reinforced the appeal of colours associated with technology, precision and modernity. Since 2000, buyers have favoured silver, then white and now grey, with black briefly becoming the most popular choice during the intervening period.

Red gives way to grey

Red previously enjoyed a long reign as Britain’s favourite car colour between 1973 and 1997, reflecting the brighter consumer culture of the 1970s and 1980s. Earlier decades had been dominated by more austere colours, including green, black and blue, particularly during and after the Second World War.

VDG’s analysis is based on cars currently on the road, including vehicles first registered as long as 126 years ago.

 

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