Current:Home > ScamsA deal's a deal...unless it's a 'yo-yo' car sale -Insightful Finance Hub
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-14 07:39:16
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! (96379)
Related
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- America is obsessed with narcissists. Is Trump to blame?
- The US will pay Moderna $176 million to develop an mRNA pandemic flu vaccine
- Union sues Philadelphia over requirement that city workers return to the office full time
- Global Warming Set the Stage for Los Angeles Fires
- In some Black communities, the line between barbershop and therapist's office blurs
- Judge issues ruling that protects a migrant shelter that Texas sought to close
- Team USA Olympic trial ratings show heightened interest for 2024 Games
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Long time coming. Oklahoma's move to the SEC was 10 years in the making
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- What is the birthstone for July? Learn more about the gem's color and history.
- Biden administration proposes rule for workplaces to address excessive heat
- Hurricane Beryl remains at Category 5 as it roars toward Jamaica: Live updates
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Bold and beautiful: James Wood’s debut latest dividend from Nationals' Juan Soto deal
- Giuliani disbarred in NY as court finds he repeatedly lied about Trump’s 2020 election loss
- India wins cricket Twenty20 World Cup in exciting final against South Africa
Recommendation
'We're reborn!' Gazans express joy at returning home to north
Savannah Chrisley Shares Update on Mom Julie Chrisley's Prison Release
Rainbow Family still searching for Northern California meeting site for '10,000 hippies'
USA TODAY Editor-in-Chief Terence Samuel leaves Gannett after one year
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Stock market today: Asian shares are mixed after gains on Wall Street
Jennie Garth says she's 'friends now' with ex Peter Facinelli: 'He even unblocked me'
You're Overdue for a Checkup With the House Cast Then and Now