Current:Home > ContactA deal's a deal...unless it's a 'yo-yo' car sale -AssetLink
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-14 03:47:30
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! (4)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Some of the 40 workers trapped in India tunnel collapse are sick as debris and glitches delay rescue
- 'Low-down dirty shame': Officials exhume Mississippi man killed by police, family not allowed to see
- Repairs to arson damage on I-10 in Los Angeles will take weeks; Angelenos urged to 'work together' during commute disruption
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Ex-officer Derek Chauvin makes another bid to overturn federal conviction in murder of George Floyd
- Lebanon releases man suspected of killing Irish UN peacekeeper on bail
- Michael Strahan returns to 'Good Morning America' after nearly 3 weeks: 'Great to be back'
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Video shows Army veteran stopping suspect from jacking pregnant woman's car at a Florida Starbucks
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Michigan judge says Trump can stay on primary ballot, rejecting challenge under insurrection clause
- Biden, Xi meeting is aimed at getting relationship back on better footing, but tough issues loom
- EU reaches deal to reduce highly polluting methane gas emissions from the energy sector
- Questlove charts 50 years of SNL musical hits (and misses)
- Florida's 2024 Strawberry Festival reveals star-studded lineup: Here's who's performing
- Authorities in El Salvador dismantle smuggling ring, arrest 10 including 2 police officers
- Driver charged in death of New Hampshire state trooper to change plea to guilty
Recommendation
Intel's stock did something it hasn't done since 2022
Suspected German anti-government extremist convicted of shooting at police
Asian economies must ramp up wind and solar power to keep global warming under 1.5C, report says
Bus accident leaves at least 30 dead and dozens injured in Indian-controlled Kashmir
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Leighton Vander Esch out for season. Jerry Jones weighs in on linebacker's future.
Ohio man ran international drug trafficking operation while in prison, feds say
Two have died in a Utah mountain plane crash and a third who was injured got flown out by helicopter