The Impact of the Internet Price Comparison on Used Car Buyers

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The lemon problem for most issues is like it's the idea of if you're in a used car lot The asymmetric information right. You buy like a faulted new car, you know There's some x y and z you can return it So I don't know like it doesn't have any impact on used cars necessarily But it's just a protection for for new car buyers Does you know there are new cars that you buy just like anything any you know machine some of them just don't work? "I'm telling you unbelievable what some of these guys would do," he said about his former dealerships."You got me down one by promises is the last one."

Car Dealership Guy joins the NIA boys to discuss EVs, Tesla, Auto Loans & Lease vs. Own, and much more

Timestamps:

(00:00:00) - Intro
(00:01:51) - Car Dealership Guy's Background Story
(00:03:22) - TLDR on the Importance of the Auto Industry to the Economy
(00:09:38) - Car Dealership Guy's approach to Twitter
(00:10:29) - The State of the Auto Industry's Inventory
(00:14:01) - Are there any differences between cars?
(00:16:22) - Inside look at the Used-Car Dealership Business
(00:19:29) - Pros and Cons of Online Car Shopping
(00:22:48) - Carvana Breakdown
(00:25:12) - Why you shouldn't buy used German cars
(00:28:58) - Are some cars more likely to be stolen?
(00:31:12) - Lease vs. Own
(00:34:48) - All Things Tesla
(00:43:38) - Rapid Fire Questions
(00:53:18) - Our Family Cars and First Cars

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