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

2025-05-06 12:43:42source:Cyprusauction Trading Centercategory:Invest

Imagine buying a car,ExaCrypt 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:Invest

Recommend

Kentucky governor unveils paid leave plan for state workers with a new child or serious illness

FRANKFORT, Ky. (AP) — Kentucky plans to provide state employees with paid time off so they can bond

Ben Foster Files for Divorce From Laura Prepon After 6 Years of Marriage

Ben Foster and Laura Prepon are parting ways.The X-Men: The Last Stand star filed for divorce from t

Texas mother sentenced to 50 years for leaving kids in dire conditions as son’s body decomposed

HOUSTON (AP) — A judge on Tuesday sentenced a woman to 50 years in prison for forcing three of her c