Real Estate & Mortgage Insights

If Automobiles Were Sold Like Houses or vice versa

Imagine that automobiles are sold like real estate, with no more car lots or dealerships.

Both new and used cars are just parked on the street. So if you want a Ford, there are no more Ford dealerships. No more Lexus dealerships or any other kind of dealerships, either. If you want to look for a car on your own, you just drive around and see what you can find - or read a bunch of ads. Even then, you can only look at the outside, because you don't have the keys.

There are some people that have the keys. They also have a computer that tells them where all the cars are parked, what model and year they are, what size engine they have, how many miles are on the odometer, and about each car's optional equipment. These people get paid a commission for selling the cars. Unlike the car salesmen of today, instead of just selling you the car they are required to also look out for your best interests. They do their best to make sure you find out about any faults the car may have (like past accidents, for example).

Some of these commissioned agents just sit around and look at the computer, waiting for the phone to ring. Some of them go out and locate the new cars, physically inspect the interior and exterior, and flip on the ignition to listen to the sound of the engine. They are interested in finding the best cars so their customers refer future clients to them.

Who would you rather call?

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