Economists hate car dealerships too
If you've ever bought a new car, you probably know how unpleasant the experience can be: sitting in a dealership for hours, nodding your head through mountains of paperwork and wondering, "why do they make this so hard? Couldn't I just do this online?"
TIME Economics Correspondent Alana Semuels, proud owner of a new Subaru Forester and recent veteran of the new-car-buying process, joins us today to talk car dealerships: why they exist, why some economists argue they shouldn't and whether or not they always will.
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