3 ms·
The car pricing seems to be that some amount of people round 79,999 down to 70,000 when determining mileage and so cars with 79,999km on the odometer are penali
by Macha 3y ago
The car pricing seems to be that some amount of people round 79,999 down to 70,000 when determining mileage and so cars with 79,999km on the odometer are penalised much less than cars with 80,000km.
I think the rent one is much more driven by "some landlords like round numbers for posting ads/doing their finances".
- bombcar 3y agoThe "round prices" is definitely a factor, the math may say to rent for $2134 but the landlord will either round that down to $2100 or up to $2200. And unless increases are limited by some law, they will usually only raise it by even amounts.
- Izkata 3y agoThis is the same reason grocery store prices are $x.99, people anchor on the first digit and $5.99 feels like a lot less than $6.00