Current:Home > MarketsA deal's a deal...unless it's a 'yo-yo' car sale -CapitalSource
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-26 18:57:53
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! (9)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Mental evaluation ordered for Idaho man charged with murder in shooting death of his pregnant wife
- MLB Winter Meetings: Live free agency updates, trade rumors, Shohei Ohtani news
- California man charged in killings of 3 homeless people in Los Angeles
- The White House is cracking down on overdraft fees
- The Excerpt podcast: Israel expands ground offensive in Gaza, impeachment probe update
- Ancient methane escaping from melting glaciers could potentially warm the planet even more
- Pearl Harbor Remembrance Day: What to know about the attack on Dec. 7, 1941
- Bodycam footage shows high
- Owners of a funeral home where 190 decaying bodies were found to appear in court
Ranking
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Philadelphia Eagles bolster defense, sign 3-time All-Pro LB Shaquille Leonard to 1-year deal
- Government, Corporate and Philanthropic Interests Coalesce On Curbing Methane Emissions as Calls at COP28 for Binding Global Methane Agreement Intensify
- California man charged in killings of 3 homeless people in Los Angeles
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Christmas shopping hangover no more: Build a holiday budget to avoid credit card debt
- Judge drops felony charges against ex-elections official in Virginia
- US agency to watch unrecalled Takata inflators after one blows apart, injuring a driver in Chicago
Recommendation
Rylee Arnold Shares a Long
Governor rebukes Philadelphia protesters for chanting outside Israeli restaurant
Kenan Thompson Shares Why He Hasn’t Spoken Out About Divorce From Christina Evangeline
Tyler Goodson, Alabama man featured in 'S-Town' podcast, shot to death during police standoff
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Prosecutor to drop charges against 17 Austin police officers for force used in 2020 protests
More than $950,000 raised for Palestinian student paralyzed after being shot in Vermont
Oxford picks rizz as the word of the year