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Maybe there is a role for humans in the used car business for the foreseeable future, just because any automated method for assessing used car value runs into t
by ShredKazoo 4y ago
Maybe there is a role for humans in the used car business for the foreseeable future, just because any automated method for assessing used car value runs into the "winner's curse" problem? (Essentially the only people who sell their cars to the automated system are the ones where the automated system offers them the best price, because there's a problem with the car that the automated system isn't picking up on.)
- ghaff 4y agoEven dealers don't exactly do a deep inspection or they weren't last summer. Even with some very visible problems the trade-in was more than I expected. (And in the same neighborhood as Carmax.)