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

2025-05-03 03:07:35source:Rekubitcategory:Stocks

Imagine buying a car,Charles Hanover 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

Elon Musk wants to turn SpaceX’s Starbase site into a Texas city

McALLEN, Texas (AP) — SpaceXis launching a new mission: making its Starbase site a new Texas city. B

MLB power rankings: Cardinals back in NL Central basement - and on track for dubious mark

St. Louis Cardinals fans encountered a rare, welcome sight on Sunday: Ryan Helsley, on the mound, cl

Poland’s prime minister vows to strengthen security at EU border with Belarus

WARSAW, Poland (AP) — Polish Prime Minister Donald Tusk on Saturday traveled to the country’s border