Even after you think you bought a car, dealerships can ‘yo-yo’ you and take it back


Kaitlyn Arland drives in her car in Junction City, Kan. Two years ago, when she tried to buy her first car, the dealership called her back and demanded she sign a new deal with a higher down payment after she had taken the car home. This tactic is often referred to as a yo-yo deal.

NPR investigated a practice called a yo-yo sale and found it’s hurting car buyers nationwide, tougher rules can make a difference, and the Federal Trade Commission has a chance to crack down.

(Image credit: Arin Yoon for NPR)

Read More at NPR

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