I've never understood why car lots carry so many redundant inventory choices to ... | Hacker News

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		auiya on Nov 15, 2019 \| parent \| context \| favorite \| on: A Startup Trying to Help Car Dealers Weather Hails... I've never understood why car lots carry so many redundant inventory choices to just sit around in the elements and rot. It seems immensely wasteful.

sokoloff on Nov 15, 2019 [–]

Money is cheap to borrow and selling used cars is fairly profitable. Better to sit on a car for an extra 6 months, paying 2-3% than lose a sale entirely.

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