Current:Home > InvestA deal's a deal...unless it's a 'yo-yo' car sale -Secure Horizon Growth
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-18 03:56:25
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! (62)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- SAG-AFTRA officials recommend strike after contracts expire without new deal
- Extreme heat exceeding 110 degrees expected to hit Southwestern U.S.
- Inside Clean Energy: Here Are the States Where You Save the Most on Fuel by Choosing an EV
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Gas stove makers have a pollution solution. They're just not using it
- Celsius founder Alex Mashinsky arrested and charged with fraud
- How Bad Bunny Protects His Personal Life Amid Kendall Jenner Romance Rumors
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Restaurants charging extra for water, bread and workers' health plan
Ranking
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- 15 Products to Keep Your Pets Safe & Cool This Summer
- Southwest's COO will tell senators 'we messed up' over the holiday travel meltdown
- Restaurants charging extra for water, bread and workers' health plan
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Biden Cancels Keystone XL, Halts Drilling in Arctic Refuge on Day One, Signaling a Larger Shift Away From Fossil Fuels
- More evacuations in Los Angeles County neighborhood impacted by landslide as sewer breaks
- Increased Flooding and Droughts Linked to Climate Change Have Sent Crop Insurance Payouts Skyrocketing
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Chris Eubanks, unlikely Wimbledon star, on surreal, whirlwind tournament experience
Biden says he's serious about prisoner exchange to free detained Wall Street Journal reporter Evan Gershkovich
Big Reefs in Big Trouble: New Research Tracks a 50 Percent Decline in Living Coral Since the 1950s
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
Inside Clean Energy: Rooftop Solar Gets a Lifeline in Arkansas
Panama Enacts a Rights of Nature Law, Guaranteeing the Natural World’s ‘Right to Exist, Persist and Regenerate’
Increased Flooding and Droughts Linked to Climate Change Have Sent Crop Insurance Payouts Skyrocketing