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Is there a 3 day right of rescission rule in buying a car from a used car dealer?
Wiki User
∙ 14y ago
Most states have a "no-cooling off" law.
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∙ 14y ago
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Does Ohio have a right of rescission rule for automobile loans?
no
Does 3 day rescission rule apply for car purchase in Florida when dealer has possession?
because will is hot
Does the 3 day right of rescission rule apply to car loans in Minnesota?
no
Does the 3 day right of rescission rule apply in the state of MA?
yup
Does the 3 day right of rescission rule appply to car loans in HI?
Nope unless its a door to door sale there is no rescission period in the state of Hawaii.
Does the 3 day right of rescission rule apply to construction loans?
Generally no. The Truth in Lending Act allows a right of rescission on equity lines of credit and refinances. You can read more about it at the link below.
Does New Jersey have a right of rescission rule for used automobile loans?
The right of rescission rule in New Jersey does not apply to used automobile loans. The New Jersey Consumer Fraud Act however does protect consumers for three days to rescind on a health club contract.
Does Virginia have 3 day car buying return rule?
There is no law in regards to returning a car. Right of rescission is for unsolicited sales contracts. A car purchase is not considered an unsolicited sale because you visit the dealership of you on accord.
Does the 3 day right of rescission rule apply to the purchase of a car in the state of PA?
Yes no it depends on what area your in
Does the 3 day right of rescission rule apply to car loans in Indiana?
No, it only applies to unsolicited purchases, not autos.
Does the State of Iowa 3 day right of rescission rule apply to used vehicles?
No not under the currant laws of the state
Does the 3 day right of rescission rule apply to car loans in Maryland?
In the State of Illinois there is no right of rescission when purchasing a vehicle from an automobile dealership, IF you take delivery at the dealership or at the dealership's special event location. There is some question whether there is ever a three day right of rescission for motor vehicle sales. The Colorado Department of Revenue, Motor Vehicles Division, Dealer Licensing Board may have consumer information that is the most current status of consumer rights. Another good resource is the Colorado Attorney General's Consumer Affairs office.
