car dealers

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.

Economy
National

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

5:27pm February 06, 2023

by Chris Arnold

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.

Queue Listen Now

Vehicles sit in a nearly empty lot at a car dealership in Richmond, Calif., on July 1. The global semiconductor shortage has hobbled auto production worldwide, making it difficult to find a car to buy.

So, You Are Shopping For A Car At A Terrible Time. Here's What To Keep In Mind

4:19pm September 24, 2021

by Camila Domonoske

Finding a car to buy these days seems almost impossible. Dealer lots are emptier, prices are higher and shoppers are stressed out. Here's what to know.