Current:Home > NewsA deal's a deal...unless it's a 'yo-yo' car sale -FutureFinance
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-15 22:49:31
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! (1)
Related
- Former Syrian official arrested in California who oversaw prison charged with torture
- Rough return to ‘normal’ sends Scheffler down the leaderboard at PGA Championship
- As PGA Championship nears enthralling finish, low scores are running rampant at Valhalla
- Dabney Coleman, 9 to 5 and Tootsie actor, dies at 92
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- American Idol Season 22 Winner Revealed
- Oleksandr Usyk beats Tyson Fury by split decision: Round-by-round analysis, highlights
- Why US Catholics are planning pilgrimages in communities across the nation
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Gabby Douglas out of US Classic after one event. What happened and where she stands for nationals
Ranking
- The company planning a successor to Concorde makes its first supersonic test
- Indiana Pacers dominate New York Knicks in Game 7 to advance to Eastern conference final
- Designer David Rockwell on celebrating a sense of ritual
- Man City wins record fourth-straight Premier League title after 3-1 win against West Ham
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Horoscopes Today, May 18, 2024
- Q&A: Kevin Costner on unveiling his Western saga ‘Horizon’ at Cannes
- Stock market today: Asian stocks advance after Wall Street closes out another winning week
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Max Verstappen holds off Lando Norris to win Emilia Romagna Grand Prix and extend F1 lead
Day after arrest, Scottie Scheffler struggles in third round of PGA Championship
Preakness 2024 recap: Seize the Grey wins, denies Mystik Dan shot at Triple Crown
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Nordstrom Rack's Top 100 Deals Include Major Scores Up to 73% Off: Longchamp, Free People & More
Last pandas in the U.S. have a timetable to fly back to China
Did you know Paul Skenes was an Air Force cadet? MLB phenom highlights academies' inconsistent policy