The dealer gets that sale, plus a "certified preowned" used car to sell that could yield more profit than many new car transactions.
WSJ: That Car in the Driveway Is Now Worth More
2.
One otherwise comparable preowned car may have logged an excessive number of miles than another or may have been largely neglected by its owner.
FORBES: The Most-Reliable Used Cars
3.
There are lots of theories as to why but the one we subscribe to is that there are very few husbands who are willing to risk the wrath of a disappointed wife by buying her a preowned watch.