Current:Home > InvestA deal's a deal...unless it's a 'yo-yo' car sale -Pinnacle Profit Strategies
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-11 13:55:08
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! (4)
Related
- See you latte: Starbucks plans to cut 30% of its menu
- Timberwolves' Naz Reid wins NBA Sixth Man of the Year Award: Why he deserved the honor
- Reggie Bush will get back 2005 Heisman Trophy that was forfeited by former USC star
- Can you prevent forehead wrinkles and fine lines? Experts weigh in.
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Tyler Herro, Miami Heat shoot down Boston Celtics in Game 2 to tie series
- U.S. orders cow testing for bird flu after grocery milk tests positive
- Florida man gets 4 years in prison for laundering romance scam proceeds
- The Daily Money: Spending more on holiday travel?
- A hematoma is more than just a big bruise. Here's when they can be concerning.
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Donna Kelce Has a Gorgeous Reaction to Taylor Swift’s Tortured Poets Department Album
- Man who shot ex-Saints star Will Smith faces sentencing for manslaughter
- Hyundai recalls 31,440 Genesis vehicles for fuel pump issue: Here's which cars are affected
- What do we know about the mysterious drones reported flying over New Jersey?
- Last-place San Jose Sharks fire head coach David Quinn
- ‘Deadpool & Wolverine’ is (almost) ready to shake up the Marvel Cinematic Universe
- Detroit Lions sign Penei Sewell, Amon-Ra St. Brown to deals worth more than $230 million
Recommendation
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Horoscopes Today, April 24, 2024
Why Taylor Swift's 'all the racists' lyric on 'I Hate It Here' is dividing fans, listeners
Louisiana man sentenced to 50 years in prison, physical castration for raping teen
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Why Cleveland Browns don't have first-round pick in NFL draft (again), and who joins them
South Carolina sheriff: Stop calling about that 'noise in the air.' It's cicadas.
Florida man charged with murdering girlfriend’s 13-year-old daughter