What are Texas laws about yoyo financing?

In Texas, "yo-yo financing" refers to a practice where a dealer allows a buyer to drive off with a vehicle before finalizing the financing, only for the dealer to later require the buyer to return the car if financing isn’t approved. This practice can lead to confusion and financial strain for buyers. Texas law mandates that dealers must provide clear and honest information regarding financing terms and must properly handle the return and repossession of vehicles. Additionally, consumers are encouraged to understand their rights and seek legal recourse if they feel misled during the financing process.