Car colour emerges as rating factor in Australian motor premiums

Visibility, rarity, and components availability

Ryan stated colour-based pricing doesn’t look like pushed solely by visibility considerations. For sure colors, the associated fee and availability of alternative components may be related. “A few of the colors weren’t essentially expensive attributable to their low visibly, however due to their shortage. Should you’ve picked a less-common color, like gold, orange, or beige, for instance, these components could also be more durable to return by and subsequently more durable to interchange,” Ryan stated. On the decrease finish of the pricing spectrum, the evaluation discovered that three colors matched white on common: yellow, turquoise, and an “different” class. All 4 sat at $1,336.78 per yr within the pattern, with no extra loading relative to white.