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

2025-05-06 11:35:57source:Thurston Cartecategory:News

Imagine buying a car,Benjamin Caldwell 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

Intel's stock did something it hasn't done since 2022

The last couple of years have been terrific for semiconductor stocks. Well, most semiconductor stock

67-year-old woman killed, 14 people injured after SUV crashes through New Mexico thrift store

A 67-year-old woman was killed and 14 people were injured Tuesday morning when an SUV crashed throug

Powerball winning numbers for April 29 drawing: Jackpot rises to $178 million

Did the last Powerball drawing of April produce a winner?A massive $1.3 billion Powerball jackpot wa