Unlocking the Hidden Secret to Buying a Secondhand Car

18 Jan 2024 · 0 min

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Charles Cormier found that damaged wheels are a strong predictor of used cars being returned under lemon laws. Check wheel condition carefully when buying secondhand, though correlation doesn't prove causation.

And they found that the biggest sign that a car was going to be returned under the lemon law was that the wheels were damaged. So if we're buying a secondhand car, check the state of the wheels, it's like five times stronger signal now. They didn't know they were looking for that correlation. They just threw the data in there. They might have said red cars are more like to have an accident. All right. They just found this really strong correlation. By the way, correlation is not causation, ok?