Estimating the exact number of yellow cars in the world is a challenging task due to the constantly changing automotive landscape.
The challenge is further compounded by the absence of real-time global vehicle color databases since the automotive sector welcomes more cars while others are being repainted to fit the owners’ changing preferences.
However, while there is no definitive answer to the question of how many yellow cars exist worldwide, we can shed light on the matter with some insightful data.
The Popularity Of The Yellow Car Color
As of 2023, there were approximately 1.44 billion cars on the road globally. To estimate the number of yellow cars, we need to consider the prevalence of this color.
While yellow cars remain relatively rare, they enjoy popularity, especially among sports car enthusiasts.
According to iSeeCars, yellow cars account for just 0.1% of all used car share on the road in the United States.
Interestingly, this percentage is slightly higher in other parts of the world, including Europe and Asia.
The same study also revealed that yellow is the 13th most popular car color worldwide, representing a share of 0.10%.
This means that roughly 1 out of every 111 cars on the road boasts a yellow hue.
Furthermore, the study highlights that yellow cars constitute only 2% of global automotive color choices.
Yellow cars are among the less favored color options, accounting for less than 1% of all new car registrations in all continents.
This stands in stark contrast to the more dominant colors, such as white, black, silver, and gray, which together capture over 78.9% of all new car registrations.
Car Color Depreciation Value
According to carcoops.com, yellow cars have the lowest depreciation rate of all colors, followed by beige and orange.
The average depreciation rate for all cars is 22.5%, but yellow cars only depreciated by 13.5% over three years.
However, the depreciation rate does not cut across all types of cars. For instance, yellow trucks and minivans lost their value faster than other models of the same color.
Generally, yellow cars have the lowest depreciation rate, making them the ideal choice for buyers who want to see their cars looking as good as new for a long time.
Overall Change in Car Prices
While car demand and supply are the primary factors that influence price changes, manufacturers also shift prices based on the popularity of each color.
For instance, according to iSeeCars research, the price of yellow cars increased by 85.6% from $26,430 in 2018 to $49,043 in 2023.
That means, although not many people have yellow cars, at least the elevated used car market has seen more people looking to own one of the rare colors, leading to an increase in price.
So, How Many Yellow Cars Are There In The World?
According to Axalta’s color popularity report, yellow is the 9th most popular car color in all four big automotive markets, accounting for less than 1% of all cars sold.
This means for every 100 cars sold in any market, only one car is likely to be yellow.
Going by the number of cars currently on the road, there are approximately 14.4 million yellow cars.
The number, however, is likely to be higher considering more cars were manufactured after the last report in 2022.
Also, note that these numbers are just estimates, and the actual number of yellow cars in the world may vary depending on several factors, such as the region, color repainting, and the age of the car.