A study from the McCombs School of Business at UT Austin reveals that used car buyers overpay for vehicles with odometers just under 10,000-mile multiples due to digit bias.
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Study finds consumers pay extra for cars just under multiples of 10,000 miles

McCombs School Of Business, UT Austin Research institution
Journal Of Marketing Research Publication venue
Consumers Overpay Near Mileage Thresholds Key finding