Current:Home > FinanceA deal's a deal...unless it's a 'yo-yo' car sale -Wealth Momentum Network
A deal's a deal...unless it's a 'yo-yo' car sale
Robert Brown View
Date:2025-04-10 00:48:14
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! (249)
Related
- Grammy nominee Teddy Swims on love, growth and embracing change
- A slain teacher loved attending summer camp. His mom is working to give kids the same opportunity
- US Army intelligence analyst pleads guilty to selling military secrets to China
- 'Alien: Romulus' movie review: Familiar sci-fi squirms get a sheen of freshness
- Retirement planning: 3 crucial moves everyone should make before 2025
- Miami father, 9-year-old son killed after Waverunner slams into concrete seawall in Keys
- Social media took my daughter from me. As a parent, I'm fighting back.
- She was last seen July 31. Her husband reported her missing Aug. 5. Where is Mamta Kafle?
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- American Supercar: A first look at the 1,064-HP 2025 Chevrolet Corvette ZR1
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Hurricane Ernesto to strengthen; Bermuda braces for 'the power of nature'
- 'Emily in Paris': How the Netflix comedy gets serious with a 'complex' Me Too story
- NASA Shares Update on Astronauts Stuck Indefinitely in Space
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- The Beats x Kim Kardashian Limited Edition Headphones With 40-Hour Battery Life Are Selling Out Fast!
- Candace Cameron Bure remembers playing 'weird' evil witch on 'Boy Meets World'
- Bob Menendez to be replaced by New Jersey governor’s former top aide, AP source says
Recommendation
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
The wife of Republican Wisconsin US Senate candidate Hovde takes aim at female Democratic incumbent
'My heart is broken': Litter of puppies euthanized after rabies exposure at rescue event
North Dakota lawmaker dies at 54 following cancer battle
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Wildfires are growing under climate change, and their smoke threatens farmworkers, study says
US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market
The Sunscreen and Moisturizer Duo That Saved My Skin on a Massively Hot European Vacation