Current:Home > StocksA deal's a deal...unless it's a 'yo-yo' car sale -Quantum Finance Bridge
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-17 11:21:03
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! (53515)
Related
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Sen. Bob Menendez's lawyer tells jury that prosecutors failed to prove a single charge in bribery trial
- Seeking carbon-free power, Virginia utility considers small nuclear reactors
- Will the Nation’s First Heat Protection Standard Safeguard the Most Vulnerable Workers?
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Oklahoma State coach Mike Gundy says Ollie Gordon II won't miss any games after arrest
- White Lotus’ Alexandra Daddario Is Pregnant, Expecting Baby After Suffering Loss
- More details released in autopsy for gunman who shot and killed four officers in Charlotte
- Arkansas State Police probe death of woman found after officer
- 'It hit the panic alarm': Trans teen's killing in Pennsylvania shocks LGBTQ+ community
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Influencer Summer Wheaton Involved in Malibu Car Crash That Killed Another Driver
- Kim Kardashian’s SKIMS Just Discounted Thousands of Styles: Shop Now or Miss Out on Your Favorites
- Beat the Heat With These Cooling Beauty Products From Skin Gym, Peter Thomas Roth, Coola, and More
- Travis Hunter, the 2
- House GOP wants proof of citizenship to vote, boosting an election-year talking point
- JoJo Siwa Reveals How Her Grandma Played a Part in Her Drinking Alcohol on Stage
- McDonald's brings back Smoky BLT Quarter Pounder with Cheese: See when you can get it
Recommendation
Could your smelly farts help science?
Stephen Baldwin Supports Brother Alec Baldwin at Rust Shooting Trial
WNBA rookie power rankings: Caitlin Clark, Angel Reese top list after record performances
Spain's Lamine Yamal nets sizzling goal, becomes youngest goal scorer in UEFA Euro history
The Best Stocking Stuffers Under $25
Muslim inmate asks that state not autopsy his body after execution
Jayson Tatum, A'ja Wilson on cover of NBA 2K25; first WNBA player on global edition
Fed's Powell says labor market 'has cooled really significantly.' Are rate cuts coming?