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

2025-05-01 05:41:54source:James Caldwellcategory:Stocks

Imagine buying a car,Flipido 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:Stocks

Recommend

Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence

COLUMBIA, S.C. (AP) — Lawyers for Alex Murdaugh are taking two paths to appeal his murder conviction

Taco Bell returns Double Decker Tacos to its menu for limited time. When to get them

Taco Bell has a special treat coming to its menu leading up to Halloween: the return of a fan favori

Mauricio Pochettino isn't going to take risks with Christian Pulisic

AUSTIN, Texas — Christian Pulisic has already made quite the impression on his new boss.Pulisic is “