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Can a dealer rescind an offer if they had given the buyer 30 days to decide offer?
Wiki User
∙ 13y ago
If the 30 day offer was part of a formal contract which both you and the seller signed, during which the seller agreed to hold the item for 30 days while awaiting your decision then, no, it probably is not enforceable in law.
Wiki User
∙ 13y ago
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What is buyer power?
Buyer power is the power given to consumers. They have the power to decide to buy a product which can change the demand changing the cost of the product.
How often do cops get drug dealers to narc on their buyers?
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What is car loan spotting?
Last year the General Assembly enacted legislation supported by VADA to clarify that a vehicle that is spot-delivered but retaken by the dealer is not "repossessed" as defined in the law. The bill was designed to overrule judicial decisions, decisions which ruled that dealers who retook their own vehicles when financing was not approved had to give to buyers rights under Article 9 of the Uniform Commercial Code. That article imposes notice and waiting period requirements before a dealer can resell a vehicle, and a dealer that does not provide those can be sued for damages. As part of that bill, the spot delivery notice in the buyer's order of the rights to rescind a transaction must be changed. Dealers were permitted to make that change last year, and many dealers have already changed their buyer's orders. If you have not, here is the notice that must be in your buyer's order forms by July 1 in bold face type no smaller than 10 point: "IF YOU ARE FINANCING THIS VEHICLE, PLEASE READ THIS NOTICE. YOU ARE PROPOSING TO ENTER INTO A RETAIL INSTALLMENT SALES CONTRACT WITH THE DEALER. PART OF YOUR CONTRACT INVOLVES FINANCING THE PURCHASE OF YOUR VEHICLE. IF YOU ARE FINANCING THIS VEHICLE AND THE DEALER INTENDS TO TRANSFER YOUR FINANCING TO A FINANCE PROVIDER SUCH AS A BANK, CREDIT UNION OR OTHER LENDER, YOUR VEHICLE PURCHASE DEPENDS ON THE FINANCE PROVIDER'S APPROVAL OF YOUR PROPOSED RETAIL INSTALLMENT SALES CONTRACT. IF YOUR RETAIL INSTALLMENT SALES CONTRACT IS APPROVED WITHOUT A CHANGE THAT INCREASES THE COST OR RISK TO YOU OR THE DEALER, YOUR PURCHASE CANNOT BE CANCELLED. IF YOUR RETAIL INSTALLMENT SALES CONTRACT IS NOT APPROVED, THE DEALER WILL NOTIFY YOU VERBALLY OR IN WRITING. YOU CAN THEN DECIDE TO PAY FOR THE VEHICLE IN SOME OTHER WAY OR YOU OR THE DEALER CAN CANCEL YOUR PURCHASE. IF THE SALE IS CANCELLED, YOU NEED TO RETURN THE VEHICLE TO THE DEALER WITHIN 24 HOURS OF VERBAL OR WRITTEN NOTICE IN THE SAME CONDITION IT WAS GIVEN TO YOU, EXCEPT FOR NORMAL WEAR AND TEAR. ANY DOWN PAYMENT OR TRADE-IN YOU GAVE THE DEALER WILL BE RETURNED TO YOU. IF YOU DO NOT RETURN THE VEHICLE WITHIN 24 HOURS OF VERBAL OR WRITTEN NOTICE OF CANCELLATION, THE DEALER MAY LOCATE THE VEHICLE AND TAKE IT BACK WITHOUT FURTHER NOTICE TO YOU AS LONG AS THE DEALER FOLLOWS THE LAW AND DOES NOT CAUSE A BREACH OF THE PEACE WHEN TAKING THE VEHICLE BACK. IF THE DEALER DOES NOT RETURN YOUR DOWN PAYMENT AND ANY TRADE-IN WHEN THE DEALER GETS THE VEHICLE BACK IN THE SAME CONDITION IT WAS GIVEN TO YOU, EXCEPT FOR NORMAL WEAR AND TEAR, THE DEALER MAY BE LIABLE TO YOU UNDER THE VIRGINIA CONSUMER PROTECTION ACT."
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A discount given to the buyer if he/she pays in cash rather than credit
What is the name for the media's to decide what news will be given to the public?
Media autonomy is the media's ability to decide what news will be given to the public. It thrives when there is less Propaganda and censorship from the government.
What is the for the media's ability to decide what news will be given to the public?
Media autonomy is the media's ability to decide what news will be given to the public. It thrives when there is less Propaganda and censorship from the government.
What is the names for the medias ability to decide what news will be given to the public?
Media autonomy is the media's ability to decide what news will be given to the public. It thrives when there is less Propaganda and censorship from the government.
What is the name for the media's ability to decide the news will be given to the public?
Media autonomy is the media's ability to decide what news will be given to the public. It thrives when there is less Propaganda and censorship from the government.
The media get to decide what information the public will be given?
Media autonomy is the media's ability to decide what news will be given to the public. It thrives when there is less propaganda and censorship from the government.
