“The outbreak of the COVID-19 pandemic reduced the interest of drivers in ad websites (60% during the epidemic vs 90% normally) of the car market.
“Modern car sale ads must be transparent and must not lie. This is how they should stand out from hundreds or even thousands of similar ads. Buyers can’t waste time reading almost identical descriptions; that’ll make them lose their motivation to search altogether.”
“Information asymmetry is a condition under which one business party has a significant advantage over the other one they are dealing with, i.e. they possess more information regarding the subject of the transaction and can use it to their benefit at the expense of the other party.”