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Similarly one may ask, is red car paint more expensive?
The reason red is more expensive is because the pigments used to make red are the most expensive. Paint is basically pigments suspended in liquid and those red pigments cost the most to manufacture. It's nothing to do with metallic or availability, it's simple the way the world works. Yellows are also very expensive.
Likewise, what color car paint is cheapest?
Having consulted in the pigment industry, white is by far the cheapest color. It is simply titanium dioxide which is dirt cheap. Following white is blue. Black is medium expensive as far as modern auto paints.
Paint – Typically either acrylic or base coat-clear coat paints, can range anywhere from $100 to $500.