{"id":462618,"date":"2024-06-13T17:25:22","date_gmt":"2024-06-13T21:25:22","guid":{"rendered":"https:\/\/www.automoblog.com\/?p=462618"},"modified":"2024-06-13T17:25:28","modified_gmt":"2024-06-13T21:25:28","slug":"iseecars-grayscale-study-2024","status":"publish","type":"post","link":"https:\/\/www.automoblog.com\/iseecars-grayscale-study-2024\/","title":{"rendered":"What’s With All The Gray? Study Reveals Car Buyers Prefer Grayscale Paint Over Bright Colors"},"content":{"rendered":"\n
A 2024 study from iSeeCars<\/a>, an online automotive search engine and research website, revealed that consumer preferences for new car colors have experienced a steady shift across all segments for the last two decades.<\/p>\n\n\n\n Their research suggests up to 80 percent of new cars sold in 2023 were painted in grayscale colors of white, black, gray, and silver, with gray displaying a meteoric rise in market share, up by 81.9 percent since 2004. Grayscale colors range from white (on the lightest end of the spectrum) to black and every gray shade in between, including silver and other variations.<\/p>\n\n\n\n “Colorful cars appear to be an endangered species,” said Karl Brauer, Executive Analyst at iSeeCars. “They’ve lost half their market share over the past 20 years, and they could become even rarer in another 20 years.”<\/p>\n\n\n\n The folks at iSeeCars gathered and analyzed data from over 20 million used cars (2004 to 2023 model years) sold from January 2003 to April 2024. The study unearthed some interesting findings after calculating the share of car colors for every model year and the differences in share between cars sold for the past 20 years.<\/p>\n\n\n\n “The preponderance of grayscale cars on the roads today had us assuming the popularity of these colors was only going up,” Brauer said. “Our analysis of over 20 million cars over the past 20 years confirmed it.”<\/p>\n\n\n\n The iSeeCars study found that in 2004, the grayscale colors of white, black, gray, and silver comprised 60.3 percent of the market. Two decades later, the share of grayscale vehicles has moved to 80 percent, meaning that buyer appetite for these colors has cut the percentage of non-grayscale cars on the road in half.<\/p>\n\n\n\n Of the four, gray was the biggest mover, with an 81.9 percent jump overall, going from an 11.7 percent market share in 2004 to 21.3 percent as of 2023. On the other hand, silver has lost its charm since 2004, when it held 19 percent of the color market share, dropping to just 9.1 percent in 2023 (representing a decline of over 50 percent).<\/p>\n\n\n\n More interesting is the continued preference for grayscale hues despite manufacturers offering other paint options, even if in a limited capacity. In 2004, the average new car was available in 7.1 colors, dropping slightly to 6.7 for vehicles sold in 2023. The question is, will grayscale shades wash out (no pun intended) all other colors over the next 20 years?<\/p>\n\n\n\n “A flattening of the curve in the past few years indicates a possible maximum market tolerance for these four colors,” Brauer said, suggesting that the market may be approaching a saturation point for white, black, gray, and silver vehicles. <\/p>\n\n\n\n<\/a>
Grayscale Is Trending<\/h2>\n\n\n\n