Current:Home > StocksA deal's a deal...unless it's a 'yo-yo' car sale -Wealth Navigators Hub
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-14 07:15:10
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! (5)
Related
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Verstappen eyes ninth straight F1 win after another Dutch GP pole. Norris second fastest
- How Jessie James Decker Built Her Winning Marriage With Eric Decker
- A groundbreaking exhibition on the National Mall shows monuments aren't set in stone
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Takeaways from AP’s investigation into sexual harassment and assault at Antarctica’s McMurdo Station
- 3 killed in racially motivated Fla. shooting, gunman kills himself, sheriff says
- At least 7 injured in shooting during Boston parade, police say
- B.A. Parker is learning the banjo
- How scientists engineered a see-through squid with its brain in plain view
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- AI is biased. The White House is working with hackers to try to fix that
- Kremlin says claims it ordered Wagner chief Yevgeny Prigozhin's death an absolute lie
- At least 7 shot in Boston, police say
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- American Airlines fined $4.1 million for dozens of long tarmac delays that trapped passengers
- Fed rate hikes don't just fight inflation. They hurt economy over long-term, study says
- Travis Barker Kisses Pregnant Kourtney Kardashian's Bare Baby Bump in Sweet Photo
Recommendation
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
8 US Marines remain in hospital after fiery aircraft crash killed 3 in Australia
Novak Djokovic's results at US Open have been different from other Grand Slams: Here's why
Longtime voice of Nintendo's Mario character is calling it quits
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Khloe Kardashian Cuddles Kids True Thompson and Tatum Rob Jr Thompson in Adorable Selfies
Prigozhin’s final months were overshadowed by questions about what the Kremlin had in store for him
Whatever happened to the bird-saving brothers of Oscar-nommed doc 'All that Breathes'?