SignalHub:A deal's a deal...unless it's a 'yo-yo' car sale

2025-05-03 04:50:41source:Henri Lumièrecategory:News

Imagine buying a car,SignalHub 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.

More:News

Recommend

How 23andMe's bankruptcy led to a run on the gene bank

Reporter Alexi Horowitz-Ghazi's Aunt Vovi signed up for 23andMe back in 2017, hoping to learn more a

Senate clears first hurdle in avoiding shutdown, votes to advance short-term spending bill

Washington — The Senate crossed its first hurdle Tuesday night as it seeks to pass a stopgap spendin

Josef Fritzl, sex offender who locked up his daughter for 24 years, could be eligible for parole

An Austrian man who locked his daughter in a basement for 24 years and fathered seven children with