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


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Answered 2015-07-15 20:50:44
Returning a carNo, 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: http://www.ftc.gov/bcp/edu/pubs/consumer/products/pro03.shtm) 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.
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