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

2025-05-02 22:16:50source:Safetyvaluecategory:Markets

Imagine buying a car,Bitcoinese 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

The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10

CHICAGO (AP) — A jury awarded nearly $80 million to the family of a 10-year-old Chicago girl who was

Online betting companies are kicking off a Super Bowl ad blitz

It's not just the office pool anymore. More than half of U.S. states now allow legalized sports bett

How an American Idol Contestant Used the Show to Get Revenge on a Classmate Who Kanye'd Her

Imma let you finish, but this is one of the best American Idol auditions of all-time.The March 12 ep