Home

Inside the rise of ‘stealerships’ and the shady economics of car buying

Leave a comment

Click the link below the picture

.

Recently, my truck was stolen, forcing me to get some new wheels. And, for the first time in my life, I’ve been looking to buy a new car. The process has involved hours of searching. Painful haggling. And encounters with many dealerships that, quite frankly, have been downright duplicitous. The whole thing has been kind of a nightmare.

Cars are, of course, expensive, especially with the supply chain fiasco-creating shortages. But it’s more than that. Shopping for cars is not like shopping for most other products. Unlike, say, computers or refrigerators, cars are typically not sold for one standard price. Ten people could go into a dealership and each pay a wildly different amount to buy the same exact vehicle.

Economists call this sort of pricing strategy “price discrimination.” That’s when, instead of charging everyone the same price, sellers charge people different prices based on their willingness to pay. In simpler terms, it means that the seller milks as much money as they can out of you. Not all dealerships engage in this pricing strategy, but many do it aggressively, often with snake oil-style salesmanship, deceptive marketing tactics, hidden fees, and overpriced add-ons, like floor mats, alarm systems, or anti-rust undercoating. Some consumers call the outfits that employ these tactics “stealerships.”

.

https://media.npr.org/assets/img/2022/08/26/car-dealership-3250008_1920-fdace62bdbaba2b94c753f31e0ddb3af974c9997-s800-c85.webpCreative Commons

.

.

Click the link below for the article:

https://www.npr.org/sections/money/2022/08/30/1119715886/inside-the-rise-of-stealerships-and-the-shady-economics-of-car-buying

.

__________________________________________

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

ASSHOLES WATCHING MOVIES

Our opinions don't stink!

Professional Hacker To Hire

Professional Hacker For Hire, Hire a Hacker, Hire WhatsApp Hacker, Facebook Hacker, Hire Snapchat Hacker, Hire Phone Hacker, Hire Email Hacker, social media, mobile phones among others

Krater Café

Words and Images by Richard Reeve

Mi-Body Health

Reliable Health and Medical information source

The Risell Chronicle

Poems by Dany D Risell

𝗦𝗺𝗶𝗹𝗲, 𝗜𝘁𝘀 𝗙𝗿𝗲𝗲 𝗧𝗵𝗲𝗿𝗮𝗽𝘆

Smile, it is the key that fits the lock of everybody’s heart.”

CRECER CON UNO MISMO

Tu sitio web favorito para temas financieros y de desarrollo personal. ¿Te lo vas a perder?

Hindu Tantra mantra For Love Back - Lost Love back - Ex Love back

Get Your Love Back - Lost Love back - Ex Love back by Hindu Tantra mantra.

Kiran ✨

Reading And Writing is the best Investment of Time ✨ ( Motivational Thoughts) "LIFE IS A JOURNEY"

antonio75

Si va avanti per resistere contro tutti e tutto

alexandr110875

Снисходительны друг к другу, что означает счастливы. Хранить мир, из которого любовь не уходит, на земле можно только так. святой.сайт

Cebu Women Official Blog

Meet and Date Single Philippine Women from Cebu City

Find A Way by JWP

Find daily inspiration in decor style creativity

skyenatureblog

Love Skye - Love Nature - Love Life

El Blog de Wim

Minimalista y Esotérico

Dan's Food Blog

I'm Dan, a mad scientist in the kitchen.

Economics and Finance 101

Sharing Economics and Finance With You

Agayana

Tek ve Yek

piinkdiiva.wordpress.com/

Where Real World Topics & Discussion Takes Place

Printer Driver

Download Software Driver

saveyourmarriage

You Can save your marriage with the right knowledge

Keyfortech

Technology for life

PLGRAPHY

AMAZING PHOTOS

Ash radiance♡

Creating the life I love!..😇

IJ Printer

All about printer

Musings

Just expressing.....

Oh my bridge

"Il bridge è come il sesso: se non hai un buon partner, meglio che tu abbia una buona mano."

The sense

"L'amore non conosce barriere. Salta ostacoli, oltrepassa recinzioni, attraversa pareti per arrivare alla sua destinazione, pieno di speranza." - Maya Angelou

darkblack78

Siyah neden gökkuşağında olmak istesin ki gece tamamıyla ona aittken 💫

M.A aka Hellion's BookNook

Interviews, reviews, marketing for writers and artists across the globe

Still normal.

Ups and down everyday, let us make dailyliving normal.

Zsolt Zsemba

Take a deep breath and open your mind....

Sharpshot Nature .Com

- Specializing in the great outdoors, capturing nature at it's finest!

amiviku

Analyse own life

Autoimmune-ptsd-stress-anxiety-depression-fibromyalgia-ms-wellbeing-natural-sleep..

Autism-spectrum-disorder, posttraumatic stress disorder.. autoimmune.

techclanz

technology for innovators

%d bloggers like this: