Current:Home > MyA deal's a deal...unless it's a 'yo-yo' car sale -MarketLink
A deal's a deal...unless it's a 'yo-yo' car sale
Algosensey View
Date:2025-04-07 14:11:17
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! (2)
Related
- Buckingham Palace staff under investigation for 'bar brawl'
- Marine veteran says he was arrested, charged after Hertz falsely accused him of stealing rental car: It was hell
- LSU All-American Angel Reese signs endorsement deal with Reebok
- Dolly Parton talks new memoir, Broadway musical and being everybody's 'favorite aunt'
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Russian President Putin and Chinese leader Xi meet in Beijing and call for close policy coordination
- The bench press is the most popular weightlifting exercise in America. Here's why.
- Can it hurt my career to turn down a promotion? Ask HR
- The Super Bowl could end in a 'three
- Taco Bell is the quickest fast-food drive-thru experience, study finds. Here's where the others rank.
Ranking
- The company planning a successor to Concorde makes its first supersonic test
- Maryland medical waste incinerator to pay $1.75M fine for exposing public to biohazardous material
- Las Vegas police officer gets 12 years in prison for casino robberies netting $165,000
- China’s economic growth slows to 4.9% in third quarter, amid muted demand and deflationary pressures
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- West Virginia pathologists perform twice as many autopsies as industry standard amid shortages
- How US military moves, including 2,000 Marines, will play into Israel-Gaza conflict
- Instead of coming face-to-face with Michael Cohen, Trump confronts emails and spreadsheets at New York trial
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Georgia deputy fatally shoots 'kind' man who served 16 years for wrongful conviction
Rafah crossing: Why are people, aid stuck at Egypt-Gaza border?
Kansas isn't ranked in preseason women's college basketball poll. Who else got snubbed?
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Amazon will start testing drones that will drop prescriptions on your doorstep, literally
Pennsylvania prison officials warned of 'escape risk' before Danelo Cavalcante breakout
Colorado teens accused of taking ‘memento’ photo after rock-throwing death set to appear in court