Current:Home > FinanceA deal's a deal...unless it's a 'yo-yo' car sale -Momentum Wealth Path
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-14 16:22:52
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! (6)
Related
- Average rate on 30
- Authorities investigate oily sheen off Southern California coast
- Angela Bassett Shares Her Supreme Disappointment Over Oscars Loss One Year Later
- Students lobby to dethrone Connecticut’s state insect, the voraciously predatory praying mantis
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Baltimore Ravens DT Justin Madubuike agrees to four-year, $98M contract extension
- Lilly Pulitzer 60% Off Deals: Your Guide To the Hidden $23 Finds No One Knows About
- Natalie Portman and Benjamin Millepied divorce after 11 years of marriage
- South Korean president's party divided over defiant martial law speech
- How to watch the Anthony Joshua-Francis Ngannou fight: Live stream, TV channel, fight card
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Horoscopes Today, March 8, 2024
- Virginia Tech star Elizabeth Kitley ruled out of ACC tournament with knee injury
- Biden signs a package of spending bills passed by Congress just hours before a shutdown deadline
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- The Rock joining Roman Reigns for WrestleMania 40 match against Cody Rhodes, Seth Rollins
- 'God help her': Dramatic video shows zookeepers escape silverback gorilla in Fort Worth
- Patrick Mahomes sent a congratulatory text. That's the power of Xavier Worthy's combine run
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Teen Mom's Taylor Selfridge Reveals When Her Daughter Will Have Final Heart Surgery
Female representation remains low in US statehouses, particularly Democrats in the South
Why Fans Think Ariana Grande’s New Music Is About ex Dalton Gomez
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
'God help her': Dramatic video shows zookeepers escape silverback gorilla in Fort Worth
North Carolina Gov. Roy Cooper rescinds 2021 executive order setting NIL guidelines in the state
Biden signs a package of spending bills passed by Congress just hours before a shutdown deadline