Not too long ago I did the rounds of dealerships. Each new car dealership had a corner of their lot for used cars. It was a head-scratcher to me to repeatedly n

Not too long ago I did the rounds of dealerships. Each new car dealership had a corner of their lot for used cars. It was a head-scratcher to me to repeatedly note the same model cars in the used corner that were two years old, but cost $1-2K more than their brand new counterpart three rows over. Even with a little effort to control for features, I couldn't reconcile the price difference. I challenged a few salesreps. They just shrugged their shoulders.