All Things Considered Hear the All Things Considered program for February 6, 2023

All Things Considered

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. Arin Yoon for NPR hide caption

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Arin Yoon for NPR

Investigations

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

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.

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. Arin Yoon for NPR hide caption

toggle caption
Arin Yoon for NPR

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

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All Things Considered