Product Quality and Information in the Used Car Market

This report has been prepared by an individual member of the professional staff of the FTC Burea u of Economics. It reflects the views of the author and is not intended to represent the position of the Federal Trade Commission or the views of any individual Commissioner. ACKNOWLEDGMENTS I would like to thank all those who provided helpful comments, suggestions, and assistance during the course of this study. I would especially like to thank Pauline Ippolito for the many helpful comments and suggestions during the drafting of the report. I would also especially like to thank Alan Mathios for assistance with the econometrics and computer work. I would also like to thank Richard Higgins. provided assistance with the computer work, Alan Emerson helped in assembling the data, and Nora Parker and Clare Wadbrook provided assistance in preparing the report for printing.

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