this post was submitted on 31 Jul 2025
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[–] besselj@lemmy.ca 68 points 8 months ago

The customer is a Fae

[–] sorter_plainview@lemmy.today 63 points 8 months ago* (last edited 8 months ago) (4 children)

I was completely confused why would a dealer release a car before they got financials approved. Then I read about the yo-yo scam. In my country under no circumstances you will get the car, without prior financial approval. America is weird.

[–] Bonesince1997@lemmy.world 34 points 8 months ago (1 children)

It's all about debt traps and fantasies here.

[–] neukenindekeuken@sh.itjust.works 2 points 8 months ago

Often they are not mutually exclusive.

[–] IncogCyberspaceUser@lemmy.world 12 points 8 months ago

The freedom to fuck over your fellow Americans shall not be infringed.

[–] teawrecks@sopuli.xyz 12 points 8 months ago

From what I can find online, it is illegal in the US too.

[–] zero@fek.xyz 7 points 8 months ago

Exactly my thoughts. Article doesn't actually say if she put a down payment for the car and if she lost the down payment.

[–] TheReturnOfPEB@reddthat.com 52 points 8 months ago* (last edited 8 months ago) (1 children)

i had to look up this "yo-yo scam" thing.

Documents from a later arbitration case show that the dealership wouldn't return their calls. And it didn't pay off the loan on their trade-in vehicle. So the Johnsons were stuck paying the loan, with no car, for nearly a year. They eventually used a chunk of their small retirement savings to pay the loan back.

suddenly that short burst of videos of people plowing cars into dealerships starts to have some possible context

[–] phoenixz@lemmy.ca 5 points 8 months ago* (last edited 8 months ago) (1 children)

So basically US car dealerships are scams?

Because of course.

Only in America, USA! USA! USA!

[–] scoobford@lemmy.zip 7 points 8 months ago

Most of them are "just" a racket. They're pointless middlemen who raise prices, but they generate sales tax so governments mandate their presence.

That being said they're greasy as hell and deserve every bit of ire they receive. It is a very uniquely scummy business.

[–] PancakesCantKillMe@lemmy.world 40 points 8 months ago (1 children)

Interesting story. I believe that Kia dealer in "Lie-ma" is going to offer her a free car.

If they decide to go to court over the dealer name, which she now owns, the legal process may turn over stones and shine too much light on them. Dealerships don't like to do that. Even this "repo" or recovery could be a variation of a "yo-yo" scam, but they'd have to be working with the finance company for that to work in this case, I think. Still a maybe. For now, she's out a car and if she had a trade-in that's likely gone too. But I think that will change soon enough. Good on her!

[–] darkmarx@lemmy.world 11 points 8 months ago* (last edited 8 months ago) (3 children)

Hey, you said it right. So many people pronounce it Lee-ma, like Lima, Puru. But it's really pronounced Lie-ma.

I get you probably meant it as a joke, but still... And of course, a joke someone might learn something from, well, that joke just became 10% better. Or was ruined completely. It can go either way.... But it is Lima (Lie-ma), Ohio.

[–] PancakesCantKillMe@lemmy.world 9 points 8 months ago

If I had seen the printed name I would use the Peruvian pronunciation not knowing any better. I got the correct one from the article and given the topic felt it was a playful and appropriate tweak of the spelling so others might know too.

[–] jqubed@lemmy.world 6 points 8 months ago (3 children)
[–] masterofn001@lemmy.ca 8 points 8 months ago (1 children)
[–] nomy@lemmy.zip 4 points 8 months ago

Just like it's spelled.

[–] meco03211@lemmy.world 6 points 8 months ago (1 children)

Lima. Like Lima ass down and take a nap.

[–] Zier@fedia.io 4 points 8 months ago

Meco, you need to get up now. You've been sleeping for hours. I made Lima beans...

[–] darkmarx@lemmy.world 5 points 8 months ago

Yup, like the bean.

[–] Pogogunner@sopuli.xyz 37 points 8 months ago (1 children)

It's insane the yo-yo scam is still legal. I hope the customer keeps the name after the lawsuit fucks up these predators.

[–] onslaught545@lemmy.zip 4 points 8 months ago

It's not legal; it's fraud. But, the law has to be enforced to matter.

[–] DharkStare@lemmy.world 22 points 8 months ago (1 children)

That's absolutely wild. They took her car so she took their name.

[–] The_v@lemmy.world 33 points 8 months ago (2 children)

That is one hell of a bargaining chip on the dealer.

The dealer now has an expensive dilemma: rebrand, offer to purchase the name, or lease the name back. Any choice they make will cost them.

If I was her I would get an estimate on how much rebranding would cost them and offer them a yearly lease at 1:20th of the cost. Sign a 5 year lease then up it by 50% every 5 years until they have to rebrand.

Say it would cost them 1 million to rebrand. First five years 50K/year next 5 years $75K etc. the object is to string them along while extracting a steady cash flow that initially seems easy to reach. She could probably get 30 years of payments out of them netting over 5 million and still fuck them over in the end forcing them to rebrand.

But I am vengeful that way.

[–] TeoTwawki@lemmy.world 12 points 8 months ago

Writes that down

Good ideas 👍

[–] Reverendender@sh.itjust.works 19 points 8 months ago
[–] Whostosay@sh.itjust.works 16 points 8 months ago

Fuckin touche salesman

[–] magnetosphere@fedia.io 15 points 8 months ago

This is funny as hell.

[–] 7toed@midwest.social 13 points 8 months ago

..appeals court sent the issue back up the chain because of the business name aspect. “Since this claim [the use of the name “Taylor Kia of Lima”] does not fall within the scope of the arbitration agreement..

Bravo. What an interesting way to anull arbitration.. now I wonder how this could play with online services' arbitration agreements..

[–] SpaceNoodle@lemmy.world 11 points 8 months ago

Fuck dealerships

[–] TheBat@lemmy.world 3 points 8 months ago

They got married?

[–] itsgroundhogdayagain@lemmy.ml 3 points 8 months ago
[–] Thewhizard@lemmy.world 1 points 8 months ago

The old switcheroo!