Used car dealers are able to make a profit by buying used cars at a low price and selling them at a higher price because

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Used car dealers provide a valuable service of reducing transaction costs for buyers, as they handle the negotiation, paperwork, and potential repairs associated with buying a used car. This convenience factor allows buyers to pay a slightly higher price for the car, which allows the dealer to make a profit. However, reputable dealers should not take advantage of unsuspecting consumers or sell low-quality cars.

Used Car Dealers Are Able to Make a Profit by Buying