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> However, the issue is that you're probably overpaying for the car On the contrary. People have options for cars. You don't have to buy a specific brand or a
by lapcat 3y ago
> However, the issue is that you're probably overpaying for the car
On the contrary. People have options for cars. You don't have to buy a specific brand or a specific model. If every car's price is listed publicly, then consumers can easily shop around for the best price, and it would be difficult for a dealer to get away with overcharging everyone with a publicly listed price. People just won't buy from a dealer with inflated prices.
When there's price negotiation, dealers mostly win at that game, because they usually have far more information than the consumer.
- hakunin 3y agoThat's probably more true for simple products like toasters. For products where each one is almost always unique (has tons of optional choices, details) you can't easily shop around and compare apples to apples. You end up narrowing down to a few _mostly acceptable_ products in your vicinity, and then negotiating among those few. To add: it's already difficult for a dealer to overcharge because even for complex/unique products we do have stats. I just don't like the circular dependency of it. Companies follow an industry-wide stat to push all the people into preset salary tiers. The industry-wide stat is based on these same companies. The only way out is when some "rogue" companies allow some "rogue" employees to negotiate, and push the industry upwards.
- psyfi 3y agoI like the rogue idea.