MARKETSQUIET
2 hours ago
Why do people overpay for used cars with mileage just below round numbers?
What's happening
SignalsMonitor is following this as a markets story. Times of India World is the outlet attached so far. The first report grouped here was at 26 Oct 2026, 14:36 UTC. The headline in use is “Why do people overpay for used cars with mileage just below round numbers?”. This note is SignalsMonitor's own briefing, not the publisher's article.
What we know
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.
Times of India WorldRead at Times of India World
Story timeline
Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.
- First reported by Times of India World
Why do people overpay for used cars with mileage just below round numbers?
Reported by 1 outlet
- Times of India