Why Is It So Difficult To Buy a High-Quality Used Car? (Page One Economics)

Page One Economics: Why Is It So Difficult To Buy a High-Quality Used Car? icon | St. Louis Fed

With prices of new vehicles at all-time highs, many buyers are looking for used vehicles. It can be challenging, though, to figure out what is or isn't a good deal. This issue of Page One Economics explains why asymmetric information makes it difficult for used-car buyers to avoid "lemons" and why lemons are a larger problem for the used-car market.

•  Teacher Edition (pdf)

•  Student Edition (pdf)

•  Student Edition (html)

See the Page One Economics archive for more topics »

Keep your students in the know on timely economic issues with Page One Economics. Page One Economics provides a simple, short overview of a current economic event that offers students an opportunity to use close reading strategies. The Teacher's Guide includes student questions and a teacher answer key, plus additional resources and lesson ideas for classroom, extra credit, or make-up assignments. You can subscribe via RSS feed or email.

---

If you have difficulty accessing this content due to a disability, please contact us at 314-444-4662 or economiceducation@stls.frb.org.

Search for Related Resources

Audience:   High School, College, Consumers
Language:   English
Subjects:   AP, Economics, Personal Finance
Resource Types:   Publications, Lessons
Concepts:   Markets, Decision-Making, Incentives
Contact Us:
economiceducation@stls.frb.org

Contact our Economic Education Specialists

Permitted Use:
Video Overview:
Watch this video to get a concise summary of Econ Lowdown's benefits:
The Lowdown

Subscribe:
Awards: