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The "cooling off" law does not apply to vehicles regardless of how they are purchased. All US states have lemon laws which protect the consumer to some extent from being "taken", although these laws usually are not applicable to private sellers and buyers. If the vehicle is mechanically unsafe or if it was knowingly sold under false pretext, the buyer might have some recourse. Check the lemon laws of the state in which the vehicle was bought and/or contact the state's office of Attorney General (consumer protection) for information.
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∙ 16y ago
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After a vehicle is repossessed and you pay it off in full when does the lender have to return the vehicle to you is it as soon as its paid off or can they take a few days to return it?
If the vehicle is paid it is yours you should not have to wait any amount of time.
Can a lien on car you perchused full in cash but dealer has a lien on the car still be reposessed?
If you purchased the car in full with cash then there shouldn't be a lien. Look at your paperwork to make sure it says "Paid In Full" if it does the dealer has no right to repossess a paid in full vehicle. A lien is where you are making payments for a vehicle and the vehicle is being used a collateral until the vehicle is paid off.
If your wedding rings are paid for do you have to return them if you get divorced?
No. But you sure can take them down to a jeweler and turn that gold into cash.
If paid cash for car and dealer wants it back what happens?
Unless the buyer agrees to return the car, then nothing (...obviously??!).
When your auto is declared a total loss do you get the tax and license you paid back as well as the actual cash value of the vehicle?
Not likely, no
Why is return outward in debit of trial balance?
1. Which transaction is entered in the general journal?A cash paid to supplier C office equipment bought on creditB Cash received from customer D cash purchases
Do supervisors on WikiAnswers get paid?
If you enjoy giving back to the community with nothing in return, becoming a supervisor on WikiAnswers would be volunteer work perfect for you! Supervisors on WikiAnswers do not get paid with cash.
What's a rebate on a vehicle mean?
A rebate is a deduction from an amount to be paid or a return of part of an amount given in payment.
How old do you have to be to do a return?
If you have a receipt and paid cash, it shouldn't matter. If you are a minor, ask a parent to write a note that they need you to return the item. If paid with a credit card, you shouldn't have any trouble because credit goes back to the card, not into your hand.
When taking a cash discount then return the item how much do you get back?
You can only be refunded the amount that you paid, you don't get to make a profit on the transaction.
Paid rs 2500 for modification of vehicle pass journal entry?
[Debit] repair and maintenance 2500 Credit Cash 2500
If your vehicle is stolen and the insurance company pays you off then the vehicle is recovered do you have to pay the money back?
You either have to return the money or not keep the vehicle. You don't get the benefit of both the value of the car in cash and the actual car.
