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

2025-05-01 16:09:46source:SignalHub Quantitative Think Tank Centercategory:Markets

Imagine buying a car,VaultX Exchange 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

NYPD official indicates that Mangione's family did not send in any tips

New York police officials are speaking out about tips in regard to the Dec. 4 killing of UnitedHealt

Montana man intends to plead guilty to threatening US Sen. Jon Tester

BILLINGS, Mont. (AP) — A Montana man intends to plead guilty to threatening to kill Democratic U.S.

Plains, Georgia remembers former first lady Rosalynn Carter: The 'Steel Magnolia'

PLAINS, Ga. – It's not the typical sight at a food drive: a woman with a walker and a Secret Service