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

2025-05-02 06:44:01source:Mooathon Wealth Societycategory:Contact

Imagine buying a car,Indexbit 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:Contact

Recommend

Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills

BEVERLY HILLS, Calif. (AP) — Jamie Foxx required stitches after getting hit in the face with a glass

Jennifer Garner Shares Insight Into Daughter Violet’s College Prep

Jennifer Garner's daughter is about to flee the nest.The 13 Going on 30 actress recently shared that

Poland’s new parliament brings back state financing for in vitro fertilization

WARSAW, Poland (AP) — Poland’s new parliament on Wednesday reinstated government funding for in vitr