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

2025-05-06 16:36:44source:Thurston Cartecategory:Markets

Imagine buying a car,Databec 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:Markets

Recommend

Meta donates $1 million to Trump’s inauguration fund

NEW YORK (AP) — Meta, the parent company of Facebook and Instagram, said it has donated $1 million t

Republican state lawmaker arrested in middle of night in Lansing

LANSING, Mich. (AP) — A Republican state lawmaker from northern Michigan was arrested early Thursday

Kevin Costner on his saga, Horizon, and a possible return to Yellowstone

When Frank Sinatra sang "My Way," he could've been singing about Kevin Costner. The Oscar-winning ac