Re:Dealerships Rip You Off With The “Four-Square,” Here’s Ho...
by indigobunting on Tuesday March 26, 2024 @11:35PM
(#39835461)
None of this discusses the condition of the car itself. What if it has issues? Don't you have to worry about that dimension too? How does it affect negotiation?
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Re:Dealerships Rip You Off With The “Four-Square,” Here’s Ho...
by wlonkly on Wednesday March 27, 2024 @09:46PM
(#39846908)
This is about new cars, so the condition is expected to be "unused". Of course there's always the possibility of a lemon.
But in terms of how lemons affect negotiation on the used market, there is a classic economics paper, "The Market for Lemons" (summarized here[1]) which you would probably enjoy tracking down.