In a spot delivery transaction, a consumer purchases and takes possession of the vehicle on the spot but financing is not yet finalized. Sometimes in a spot delivery deal, a dealership will tell the consumer that the “deal fell through” and will require the consumer to sign a new contract. If your new contract has worse terms, higher interest rates, or a great price for the vehicle, you may be a victim of yo-yo financing. It is important to know that while this does happen by car dealerships, such conduct is illegal. If you or someone you know has recently been caught up in a yo-yo sale with a car dealership, give us a call today.