Current:Home > StocksA deal's a deal...unless it's a 'yo-yo' car sale -Core Financial Strategies
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-16 09:03:09
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! (7)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Mazda, Toyota, Nissan, Tesla among 436,000 vehicles recalled. Check car recalls here.
- A troubling cold spot in the hot jobs report
- LGBTQ+ creatives rely on Pride Month income. This year, they're feeling the pinch
- Stamford Road collision sends motorcyclist flying; driver arrested
- The Plastics Industry Searches for a ‘Circular’ Way to Cut Plastic Waste and Make More Plastics
- Dive Into These Photos From Jon Hamm’s Honeymoon With Wife Anna Osceola
- Mobile Homes, the Last Affordable Housing Option for Many California Residents, Are Going Up in Smoke
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Collin Gosselin Speaks Out About Life at Home With Mom Kate Gosselin Before Estrangement
Ranking
- Arkansas State Police probe death of woman found after officer
- Our first podcast episode made by AI
- A Plan To Share the Pain of Water Scarcity Divides Farmers in This Rural Nevada Community
- Take 20% Off the Cult Favorite Outdoor Voices Exercise Dress in Honor of Its 5-Year Anniversary
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Inside Clean Energy: Here Are The People Who Break Solar Panels to Learn How to Make Them Stronger
- When big tech laid off these H-1B workers, a countdown began
- Warming Trends: A Comedy With Solar Themes, a Greener Cryptocurrency and the Underestimated Climate Supermajority
Recommendation
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Chad Michael Murray's Wife Sarah Roemer Is Pregnant With Baby No. 3
Eva Mendes Shares Rare Insight Into Her and Ryan Gosling's Kids' “Summer of Boredom”
Taylor Swift Changed This Lyric on Speak Now Song Better Than Revenge in Album's Re-Recording
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
What the Vanderpump Rules Cast Has Been Up to Since Cameras Stopped Rolling
Exxon’s Long-Shot Embrace of Carbon Capture in the Houston Area Just Got Massive Support from Congress
Western Forests, Snowpack and Wildfires Appear Trapped in a Vicious Climate Cycle