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Does the 3 day right of rescission rule apply to auto purchases in Oregon?
Wiki User
∙ 14y ago
http://www.doj.state.or.us/finfraud/coolingoffrule.shtml
Typically, the only time you will get a three day right of rescission is for a home solicitation, also known as a "door to door sale." There are a few other times you may be able to rescind an agreement within three days, such as with a home mortgage, but usually, if you buy something, it is yours. There is no "cooling off period" for the purchase of a motor vehicle. There is no "cooling off period" for the purchase of a good, just because it is really expensive or you decide you made a mistake in buying it. There is no "cooling off period" if you buy something from a telemarketer.
Wiki User
∙ 14y ago
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Does the 3 day right of rescission rule apply to car loans in Indiana?
No, it only applies to unsolicited purchases, not autos.
Is there a right of rescission law for car purchases in Texas?
No, the buyers remorse law does not apply to the purchase of a new or used vehicle.
Does the 3 day right of rescission rule apply for new car purchases in the state of MA?
No, that law does not apply to the purchase of a vehicle in any state. You bought it and you own it.
Is there 3 day right of rescission law in Minnesota regarding purchases?
No, the buyers remorse law does not apply to the purchase of a new or used vehicle.
Is there a right of rescission on vehicle purchases in Oklahoma?
In Oklahoma, there is no general right of rescission after purchasing a vehicle unless such right was negotiated and placed in the contract.
Does the 3 day right of rescission rule apply to used car loans in Michigan?
No, the three day rule does not apply to auto purchases and certainly not to a pre-owned ones. Customer beware!
Does Oregon have a right of rescission on automobiles?
No it does not. See http://www.doj.state.or.us/finfraud/coolingoffrule.shtml
Is there a 3 day right of rescission for new car purchases in MN?
No, the Buyers Remorse or Cooling Off Period laws do not apply to the purchase of a new or used car. It is only a myth that they do.
What is the 3 day right of rescission in Washington State as referred to buying a used vehicle on contract?
State of Washington does not have a 3 day right of rescission on the purchase of any vehicle. The 3 day right of rescission I belive is limited to in home purchases such as a solicitor that comes to your home.
Is there a right of rescission on car purchases in MN?
No. The only time there would be a consumers' right of rescission is if the dealership contacted you at your home, brought the car to your home and signed the paperwork in your home. If you traveled to the dealership under your own free will, there is no right of rescission on the purchase of an automobile in the State of Minnesota.
Is there a right of recission law on used car purchases in Colorado?
The rescission law or buyers remorse law does not apply to the purchase of a new or used vehicle. You would have to prove fraud in order to cancel the contract.
What is the 3 day right of rescission in Washington State as regards to buying a car is this applicable to new cars?
Right of rescission does not apply to a car purchase, new or used.
