Yo-Yo Sales

The Law Offices of Robert J. Nahoum, P.C. - A New York Consumer Protection Law Firm

YO-YO Sales

The term yo-yo sale refers to the fraudulent auto sales practice of a dealer recalling a car from the buyer days or weeks after it was sold claiming that the credit transaction was denied.In the classic yo-yo sales, the consumer is told he or she must either return the car or agree to new credit terms which are less favorable than the initial contract. Yo-yo sales are almost always fraudulent and illegal.