Current:Home > NewsA deal's a deal...unless it's a 'yo-yo' car sale -EliteFunds
A deal's a deal...unless it's a 'yo-yo' car sale
Fastexy View
Date:2025-04-10 12:06:51
Imagine buying a car, driving it off the lot, showing it to your friends and then you get a call from the dealership. The financing fell through and you have to agree to new terms or bring the car back. It might sound fishy, but many dealers say it's legal and a recent NPR survey found it happens quite a bit.
Today on the show, 'yo-yo' car sales, the serious consequences for people this has happened to, and what regulators could do about it.
Find out what happened to the Johnson's in the end in our longer digital version of this story.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
veryGood! (82565)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Nursing home owners drained cash while residents deteriorated, state filings suggest
- Don't let the cold weather ruin your workout
- Why Trump didn't get a mugshot — and wasn't even technically arrested — at his arraignment
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- What should you wear to run in the cold? Build an outfit with this paper doll
- Keke Palmer's Trainer Corey Calliet Wants You to Steal This From the New Mom's Fitness Routine
- Hollywood Foreign Press Association Awards $1 Million Grant to InsideClimate News
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Mara Wilson Shares Why Matilda Fans Were Disappointed After Meeting Her IRL
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- A police dog has died in a hot patrol car for the second time in a week
- A police dog has died in a hot patrol car for the second time in a week
- Keystone XL, Dakota Pipeline Green-Lighted in Trump Executive Actions
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Some Muslim Americans Turn To Faith For Guidance On Abortion
- Keith Urban Accidentally Films Phoebe Bridgers and Bo Burnham Kissing at Taylor Swift's Concert
- Priscilla Presley and Riley Keough Settle Dispute Over Lisa Marie Presley's Estate
Recommendation
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
UN Proposes Protecting 30% of Earth to Slow Extinctions and Climate Change
World’s Oceans Are Warming Faster, Studies Show, Fueling Storms and Sea Rise
U.S. Electric Car Revolution to Go Forward, With or Without Congress
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
What's a spillover? A spillback? Here are definitions for the vocab of a pandemic
The Future of The Bachelor and Bachelor in Paradise Revealed
Helen Mirren Brings the Drama With Vibrant Blue Hair at Cannes Film Festival 2023