Even after you think you bought a car, dealerships can 'yo-yo' you and take it back
If you've ever bought a car, you know the feeling when you've signed all the paperwork, driven off the lot, and think, "Wow, this is my car now."
"I was excited," says Courtney Johnson. "I felt like I'd made a good decision as a mother."
Johnson had just had a baby when she and her husband, Darren, decided to buy a newer, safer car for the family. They live in a rural area outside Orlando, Fla. He's a fire sprinkler inspector; she's stopped working to raise the kids. And they bought a little used Hyundai SUV.
"It had the backup camera," she says, "and passenger and kid's airbags in the back."
But a full three weeks after they bought the car and took it home, they got what's called "yo-yo'd."
More here:
Car Dealers' Worst Tactic Under Fire
Steve Lehto
Feb 6, 2023
By the FTC. 15:03