Previously, on some top brands a silver car could command a premium of £300 in the used market, says Mark Norman, editor of CAP's 'Monitor - Future Residual Values. However, its increasing popularity could mean not only the premium disappearing but could bring a further reduction of about £200 in residual value, potentially costing fleets about £500.
He adds: 'Silver looks superb on new cars, especially as most are displayed inside showrooms with lighting designed to show them to their best advantage. However, standing outside with a few years' wear and tear, the same cars tend to look much less appealing. Fleet managers should not over-expose their fleet to any one particular colour. Fashions can change.'