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Can you return a new car after having it for one day?

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Wiki User
2015-07-15 20:50:44
2015-07-15 20:50:44

Returning a car

No, I tried and it isn't even covered by law. I bought a new 2005 base-line model car, financed it and drove it home. The next day I got one of those online quotes from another dealer for the same car + the special edition package and a lot more stuff than I got on mine for $2,500.00 less. And that was the first offer they gave me. So I called the dealership up and said I got laid-off and my down payment checks weren't going to go through and the payment wasn't going to be made. I even put a stop payment on my down payment check to see if that would help the finance company to not finance me. But nope everyone of the people I had to deal with just said I was S.O.L. and I needed to find a way to make the money. So as soon as you sign any paper work it is a done deal and you are s.o.l. Sorry for the bad news :)

More input from Wiki s Contributors:

  • Yes once you sign the deal, in all those papers they kind of sneak in the 3 day right of recision waiver for you to sign and normally everyone does. lemon law would not apply unless you could actually prove it was a lemon. you would have gotten the lemon law guide lines some where in your paperwork when you bought the car. Owners manual sometimes in the glove compartment
  • You should be able to. either by using the lemon law or tell them you can't afford to make the payment.

More Details

"Covered by Law" above refers to the buyers remorse laws. These laws give consumers limited rights to cancel certain types of contacts. Federal law (see Federal Trade Commission Cooling-Off Rule: gives three days to cancel certain purchases for door-to-door solicitations. State laws vary. For example, South Carolina requires five days to cancel a time-share contract. Unfortunately, there is no Federal or SC mandated buyers remorse for auto sales. Check with your state and check your contract.

Related Questions

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You may not be able to return a car the next day if it is not in your contract that you can. A contract is a legally binding agreement and the car dealer is not required to allow you to break it.

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No you can not return a new car in South Carolina.

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Yes, depending on the dealership, you should have a 15-30 day period to return the car.

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A 3 day new car return policy is a myth. Unless it says so in your contract, or your state has a 3 day return law, you are stuck with your new car for the terms that were agreed upon. The only exception is if under a lemon law, there is something majorly wrong with the car within the first 30 days or so many hundred miles.

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A used car can be returned the day after it is purchased in New Mexico if the dealer offers this advantage. Lemon Laws exist in New Mexico and a defective car can be returned the day after it is purchased with no problems.

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