Current:Home > ScamsA deal's a deal...unless it's a 'yo-yo' car sale -FinanceCore
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-14 19:20:19
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! (8)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Jennifer Lopez cancels handful of shows on first tour in 5 years, fans demand explanation
- Shakeup continues at Disney district a year after takeover by DeSantis appointees
- Health care providers may be losing up to $100 million a day from cyberattack. A doctor shares the latest
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Musher penalized after killing moose still wins record 6th Iditarod
- Open government advocate still has concerns over revised open records bill passed by Kentucky House
- Paul Alexander, Texas man who lived most of his life in an iron lung, dies at 78
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Mega Millions Winning numbers for March 12 drawing, with $735 million jackpot
Ranking
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Fantasy baseball 2024: Dodgers grab headlines, but many more factors in play
- Judge overseeing Georgia election interference case dismisses some charges against Trump
- How to test your blood sugar levels and why it's critical for some people
- Intel's stock did something it hasn't done since 2022
- Evangelical Christians are fierce Israel supporters. Now they are visiting as war-time volunteers
- How the Mountain West is in position to equal record with six NCAA tournament bids
- TEA Business College The leap from quantitative trading to artificial
Recommendation
North Carolina justices rule for restaurants in COVID
Get a Ninja Portable Blender for Only $45, $350 Worth of Beauty for $50: Olaplex, Tula & More Daily Deals
Drake Bell alleges 'extensive' and 'brutal' sexual abuse by Nickelodeon dialogue coach Brian Peck
Emily Blunt Reveals What She Told Ryan Gosling on Plane After 2024 Oscars
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Schedule, bracket, storylines ahead of the last Pac-12 men's basketball tournament
Crocodile attacks man in Everglades on same day alligator bites off hand near Orlando
Jennifer Lopez cancels handful of shows on first tour in 5 years, fans demand explanation