Current:Home > ContactA deal's a deal...unless it's a 'yo-yo' car sale -Ascend Wealth Education
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-23 05:16:27
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! (48912)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Without paid family leave, teachers stockpile sick days and aim for summer babies
- Government Think Tank Pushes Canada to Think Beyond Its Oil Dependence
- Peru is reeling from record case counts of dengue fever. What's driving the outbreak?
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- The world's worst industrial disaster harmed people even before they were born
- Elon Musk Eyes a Clean-Energy Empire
- Here's What's Coming to Netflix in June 2023: The Witcher Season 3, Black Mirror and More
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Just hours into sub's journey, Navy detected sound consistent with an implosion. Experts explain how it can happen.
Ranking
- Travis Hunter, the 2
- Don’t Gut Coal Ash Rules, Communities Beg EPA at Hearing
- CDC tracking new COVID variant EU.1.1
- Keep Up With Khloé Kardashian's Style and Shop 70% Off Good American Deals This Memorial Day Weekend
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- The hospital bills didn't find her, but a lawsuit did — plus interest
- Checking in on the Cast of Two and a Half Men...Men, Men, Men, Manly Men
- Shop the Best lululemon Deals During Memorial Day Weekend: $39 Sports Bras, $29 Tops & More on Sale
Recommendation
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Top Democrats, Republicans offer dueling messages on abortion a year after Roe overturned
Donald Triplett, the 1st person diagnosed with autism, dies at 89
Opioids are overrated for some common back pain, a study suggests
DoorDash steps up driver ID checks after traffic safety complaints
Without paid family leave, teachers stockpile sick days and aim for summer babies
The NCAA looks to weed out marijuana from its banned drug list
Does Connecticut’s Green Bank Hold the Secret to the Future of Clean Energy?