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If the contract explicitly says so, then yes. Otherwise, no.
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∙ 12y ago
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Can you rescind car lease in first three days?
Most often you can rescind a contract within a short time period. It is best to read your original contract for specifics.
What happens when you total a lease car?
When a lease car is totaled, the car company will require the car lessee to pay the lease balance to get out of the contract. This is applicable for a wrecked car and non-reparable vehicle.
Can you return a lease car and get refunded?
NO, you signed a contract and are bound by that contract until the terms are fulfilled.
In New York City how many days do you have to cancel a new car lease?
None. Once you sign the contract you cannot cancel it. The Buyers Remorse law does not apply to the purchase or lease of a vehicle. Read the contract and see if there is a loophole you can use to canel the lease. Somthing like the car is not exactly as described or the seller changed the details without you knowledege, etc.
Do you have 3days to cancel a contract for the sale of a car?
In this state there is a 3 day period during which the contract can be cancelled.
If you volunteer a reposession on a lease car and the car is not operable what happens?
They repossess it anyway and you could be responsible for the repair cost, depending on the lease contract.
You were late on your lease payment and your car was repode do you lose your trade in?
you defaulted, a contract is a contract and you have lost your trade in
In Florida can you return a used car in 72 hours?
In Florida, the allow allows consumers to return a used car within 72 hours. The contract must be cancelled within 3 days with the return of the car.
Purchased a used car in South Carolina can it be returned and the contract cancelled?
not likely
What happens if a buyer takes a car back to the loan company?
Buyer's remorse. Seriously, if the car is returned within three days (as is permissible in some states), it is a simple annulment of the contract. If the three days grace period has passed, this would be a voluntary repossession, or lease laydown (depending on the specifics of the contract).
How much comission does a car salesman make on a lease contract?
They usually make around 10 percent on a lease contract. Some dealerships may pay more or less but this is about the average.
After only 35 days of signing a car lease i early terminated the lease and turned the car in.Do I still have to pay the dealership the down payment?
This should be outlined in your contract - the chances are that you do as generally the downpayments is non-refundable anyway, unless you're within a 'cooling off' period (7-14 days in the UK usually).
