Pete went to an auto dealer to buy a new Jeep The salesperson told Pete that cars really appreciate in value He cited antique cars as a perfect example The dealer went on to tell Pete that buying a car represents some great tax savings He told Pete that leasing is getting less and less popular Shou...

The question in this case is whether the dealer is being fair t ...

Pete went to an auto dealer to buy a new Jeep. The salesperson told Pete that cars

Question:

Pete went to an auto to buy a new Jeep. The salesperson told Pete that cars really appreciate in value. He cited antique cars as a perfect example. The went on to tell Pete that buying a car represents some great tax savings. He told Pete that leasing is getting less and less popular. Should Pete buy a new car? You make the call. Write down your recommendations to Pete.
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...