Why used cars just below round mileage figures fetch up to $168 more
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A recent study showed that used car dealers profit from mileage readings just under round-number thresholds. The researchers analyzed millions of transactions to determine pricing impacts of left-digit bias. Buyers often overlook minor differences in mileage, focusing instead on the first digit. This inattention allows dealers to charge more for cars that appear to be better value.
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- https://timesofindia.indiatimes.com/world/us/why-do-people-overpay-for-used-cars-with-mileage-just-below-round-numbers-researchers-examining-texas-car-transactions-found-that-dealers-earned-46-to-168-extra-at-certain-mileage-thresholds/articleshow/135209780.cms
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- 26/10/2026 14:36 UTC
- Captured
- 26/10/2026 15:09 UTC
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