Current:Home > ScamsA deal's a deal...unless it's a 'yo-yo' car sale -Blueprint Money Mastery
A deal's a deal...unless it's a 'yo-yo' car sale
NovaQuant View
Date:2025-04-06 17:17:06
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! (529)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Megababe Beauty Will Save You From Summer Chafing — Yes, Even There
- Your Chilling First Look at Kim Kardashian, Emma Roberts & Cara Delevingne in AHS: Delicate Teaser
- Ayesha Curry Pens Slam Dunk Tribute to Her and Steph Curry's Daughter Riley on 11th Birthday
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Save 41% On Philosophy Dry Shampoo and Add Volume and Softness to Your Hair
- Climate-Smart Cowboys Hope Regenerative Cattle Ranching Can Heal the Land and Sequester Carbon
- Influencer Christine Tran Ferguson's Friends React to Heartbreaking Death of Her Baby Boy Asher
- Tom Holland's New Venture Revealed
- Chicago Mayor Receives Blueprint for ’Green New Deal’ to Address Environmental Justice
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Vanderpump Rules' Scheana Shay Claps Back at Claim She's Forgiven Tom Sandoval for Cheating
- Tupac Shakur's Unsolved Murder: Police Share New Development 26 Years After Rapper's Death
- Industry Wants New Pipeline on Navajo Land Scarred by Decades of Fossil Fuel Extraction
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Toby Keith to Receive Country Icon Award at the 2023 People's Choice Country Awards
- Kim Kardashian Shares Regret Over Fast Pete Davidson Romance
- See Sister Wives Star Tony Padron's Transformation After Losing Nearly 100 Pounds
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Retired MLS Goalkeeper Brad Knighton's 11-Year-Old Daughter Olivia Killed in Boating Accident
Black Friday Price in July: Save $195 on a Margaritaville Bali Frozen Concoction Maker
Whoopi Goldberg Leaves The View Roundtable Over Heated Miranda Lambert Selfie Debate
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
The Melting Glaciers of Svalbard Offer an Ominous Glimpse of More Warming to Come
Why Margot Robbie and Ryan Gosling Are the Perfect Barbie and Ken
ER Visits for Asthma in New York City Soared as Wildfire Smoke Blanketed the Region