SUMMARY

More Often than not, when a used car IoT is portrayed in a movie, the salesman is depicted as a conman, someone not to be trusted whose goal is sell you a lemon.

 

  • While obviously exaggerated, this resonates with audience because there is a very tangible lack of trust during the real-life interaction.

 

  • with even the most trustworthy of salespeople, items like a used car may come with title and registration papers, but verifying the documents of an item that has had multiple owners in potentially multiple places is nearly impossible.

 

  • how can you assess the value of something when you have no idea where it really came from?

 

  • cars are particularly tricky as secondary market sales affect the entire market and the risk to the individual buyer is quite high from a monetary standpoint compared to other goods. 

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