The used-car trade is the fastest-growing segment of the automobile market. Nowadays, about 6 out of every 10 cars and trucks sold are secondhand. This was bound to happen. Evidently, consumers are finally saying no to the ridiculously high and constantly rising new-car prices and are choosing instead to purchase used vehicles.
Which of the following, if true, would most weaken the argument above?
(A) Last year, sales of used vehicles totaled just over $18 million while sales of new vehicles totaled just under $16 million.
(B) Leasing a new vehicle for just two to four years has become very popular, so the number of available used vehicles is growing.
(C) A car dealer usually makes a profit of about $300 to $500 on a used car but only $100 or even less on a new vehicle.
(D) High-priced luxury import vehicles are significantly less likely to be found in the used-car market than less expensive vehicles.
(E) Many states have so-called "lemon laws" that require used-vehicle dealers to warrant vehicles that they sell for one to three months.
No OA provided..
Used Car Market
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- krishnasty
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IMO B is the answer.
The fact that the used-vehicle market is growing, means that the consumers are purchasing used vehicles, not out of choice , but because they have no other option
The fact that the used-vehicle market is growing, means that the consumers are purchasing used vehicles, not out of choice , but because they have no other option
- smackmartine
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IMO B
Argument says lower cost of used cars---> consumer to buy second hand cars.
If we provide an alternative cause , the conclusion falls apart.
B does the same. popularity of leasing used cars ---> consumer to buy second hand cars.
Can someone post the OA?
Argument says lower cost of used cars---> consumer to buy second hand cars.
If we provide an alternative cause , the conclusion falls apart.
B does the same. popularity of leasing used cars ---> consumer to buy second hand cars.
Can someone post the OA?
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IMO B.
I reached at the conclusion thorough the process of elimination...
(A) Last year, sales of used vehicles totaled just over $18 million while sales of new vehicles totaled just under $16 million.....Strengthens
(B) Leasing a new vehicle for just two to four years has become very popular, so the number of available used vehicles is growing......Correct
(C) A car dealer usually makes a profit of about $300 to $500 on a used car but only $100 or even less on a new vehicle.....Strengthens
(D) High-priced luxury import vehicles are significantly less likely to be found in the used-car market than less expensive vehicles.......Irrelevant
(E) Many states have so-called "lemon laws" that require used-vehicle dealers to warrant vehicles that they sell for one to three months.......No effect.
I reached at the conclusion thorough the process of elimination...
(A) Last year, sales of used vehicles totaled just over $18 million while sales of new vehicles totaled just under $16 million.....Strengthens
(B) Leasing a new vehicle for just two to four years has become very popular, so the number of available used vehicles is growing......Correct
(C) A car dealer usually makes a profit of about $300 to $500 on a used car but only $100 or even less on a new vehicle.....Strengthens
(D) High-priced luxury import vehicles are significantly less likely to be found in the used-car market than less expensive vehicles.......Irrelevant
(E) Many states have so-called "lemon laws" that require used-vehicle dealers to warrant vehicles that they sell for one to three months.......No effect.