Current:Home > InvestA deal's a deal...unless it's a 'yo-yo' car sale-Angel Dreamer Wealth Society D1 Reviews & Insights
A deal's a deal...unless it's a 'yo-yo' car sale
View Date:2024-12-24 07:05:36
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! (17764)
Related
- 1 dead, 2 children injured in wrong-way crash; driver suspected of DWI: Reports
- Megan Fox Shares the “Healthy Way” She Wants to Raise Her and Brian Austin Green’s Sons
- Members of global chemical weapons watchdog vote to keep Syria from getting poison gas materials
- Iowa Lottery posted wrong Powerball numbers — but temporary winners get to keep the money
- Disruptions to Amtrak service continue after fire near tracks in New York City
- Iran sends a hip-hop artist who rapped about hijab protests back to jail
- GOP Rep. George Santos warns his expulsion from Congress before conviction would set a precedent
- Publishing industry heavy-hitters sue Iowa over state’s new school book-banning law
- Minnesota county to pay $3.4M to end lawsuit over detainee’s death
- City Council in Portland, Oregon, approves $2.6M for police body cameras
Ranking
- Veterans Day restaurant deals 2024: More than 80 discounts, including free meals
- You’ll Swoon Hearing Kelsea Ballerini Describe First Kiss With Chase Stokes
- Penguin parents sleep for just a few seconds at a time to guard newborns, study shows
- UK government intervenes in potential takeover of Telegraph newspaper by Abu Dhabi-backed fund
- Catholic bishops urged to boldly share church teachings — even unpopular ones
- Uncle Sam wants you to help stop insurers' bogus Medicare Advantage sales tactics
- The successor to North Carolina auditor Beth Wood is ex-county commission head Jessica Holmes
- Veterans fear the VA's new foreclosure rescue plan won't help them
Recommendation
-
‘COP Fatigue’: Experts Warn That Size and Spectacle of Global Climate Summit Is Hindering Progress
-
Best picture before bedtime? Oscars announces earlier start time for 2024 ceremony
-
Henry Kissinger, controversial statesman who influenced U.S. foreign policy for decades, has died
-
Kraft 'Not Mac and Cheese,' a dairy-free version of the beloved dish, coming to US stores
-
Falling scaffolding plank narrowly misses pedestrians at Boston’s South Station
-
Trump gag order in New York fraud trial reinstated as appeals court sides with judge
-
North Carolina trial judges block election board changes made by Republican legislature
-
Maine will give free college tuition to Lewiston mass shooting victims, families