Comment Re:prevents big 3 from controlling. Tesla monopoly (Score 1) 137
One major purpose of car dealerships is to confuse buyers concerning the cost of driving a mile. For example offering a $4,000 cut in price for any trade in that can be dragged in on a garden hose gives the buyer and illusion that the cost per mile of operation is reasonable.
If one takes the cost of the vehicle, the interest on the loan, the compulory mainetence fees, the optional maintenance fees, the insurance, repairs, and gasoline over the life of tye car then one can get the cost per mile driven. For example you buy a $30,000 car and the instant depreciation is $10,000 and you only drive 10,000 miles that year the depreciation alone is $1.00 per mile. You first year per mile expenses when totaled may exceed $2.00 per mile. If people calculate the true cost per mile they may suddenly be confronted with the reality that they should not own a car. Dealerships use all kinds of gimmicks to cause people not to understand the cost of driving.