Current:Home > reviewsA deal's a deal...unless it's a 'yo-yo' car sale -Ascend Finance Compass
A deal's a deal...unless it's a 'yo-yo' car sale
View
Date:2025-04-15 14:18:41
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! (629)
Related
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Trump Media tells Nasdaq short sellers may be using potential market manipulation in DJT shares
- Nikola Jokic leads NBA champ Denver Nuggets past LeBron James and Lakers 114-103 in playoff opener
- The drug war devastated Black and other minority communities. Is marijuana legalization helping?
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Record numbers in the US are homeless. Can cities fine them for sleeping in parks and on sidewalks?
- Longtime ESPNer Howie Schwab, star of 'Stump the Schwab' sports trivia show, dies at 63
- Taylor Swift breaks Spotify records for most-streamed album, most-streamed artist in a single day
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Milwaukee teenager gets 13 years for shooting inside restaurant that killed 2 other teens
Ranking
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Camp Lejeune Marine dies during training exercise, prompting investigation
- Nacho fries return to Taco Bell for longest run yet with new Secret Aardvark sauce
- Colorado organizers fail to gather enough signatures to put anti-abortion measure on the ballot
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Oil Drilling Has Endured in the Everglades for Decades. Now, the Miccosukee Tribe Has a Plan to Stop It
- Horoscopes Today, April 20, 2024
- Why FedEx's $25 million NIL push is 'massive step forward' for Memphis Tigers sports
Recommendation
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
AP Photos: A gallery of images from the Coachella Music Festival, the annual party in the desert
Colorado organizers fail to gather enough signatures to put anti-abortion measure on the ballot
National Cold Brew Day 2024 deals: Where to get free coffee and discounts on Saturday
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Anthony Edwards, Minnesota Timberwolves roll over Phoenix Suns in Game 1
Taylor Swift's 'Tortured Poets Department' and when lyrics about dying, grief, heartbreak trigger you
You Can Watch Taylor Swift and Post Malone’s “Fortnight” Music Video With a Broken Heart