3 ms·
hrm, interesting... by that definition I would argue that the business model of car dealerships is specifically rent-seeking. They not only don't contribute an
by amatecha 4y ago
hrm, interesting... by that definition I would argue that the business model of car dealerships is specifically rent-seeking. They not only don't contribute anything of value, they actively detract from the value proposition by marking up far over MSRP and, like someone posted in another comment, engaging in shady tactics like selling your vehicle to someone else after waiting for 3mo because your bank isn't open until tomorrow. Just to scratch the surface.
- JamesianP 4y agoThe vendor still had to invest money to put the feature there, so it's a legit business transaction, even if it sounds silly. Presumably the monthly cost will be a lot less than the hundreds it would cost to buy the feature outright. Or are they charging people twice?