Category Archives: Having a car

Having a Car

No more hiding the truth in car ads

Added 10 May 2021 by

“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.”

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Having a Car

Information asymmetry and the “market of lemons”: what do they mean for the buyers and sellers of vehicles?

Added 28 April 2021 by

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.”

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