I think it is 3.
There is no 3 day to cancel a new car purchase contract. The only time you have 3 days if the dealer came to your house or place of business and Solicit you. There is no 3 day to cancel a new car purchase contract. The only time you have 3 days if the dealer came to your house or place of business and Solicit you. ------------------------------------------------------------- Always read your contract before you deal with dealer, And I think is 10 days is very common for cancel your contract but it all are depend on your down payment & dealer's financial condition.
There is not a specific rule when you can cancel a contract. Usually, you have at least 3 business days. However, read the fine print, each contract will be different.
In the state of Idaho you have 72 hours to cancel an automobile contract. You should be able to cancel the contract before the 72 hours is up.
3 days after signing contract
If you have signed the contract and taken posession of the car it is yours. There is no cooling off period on the purchase of an automobile. You bought it, so you own it.
None! Once you purchase a vehicle and sign the contract you cannot cancel the contract or return the vehicle. The buyers remorse or cooling off period laws do not apply to the purchase of an automobile in in the state. This is a myth that simply will not die.
You cannot in any state. Their is no such thing as a cooling off period on the purchase of an automobile, unless someone came to your house uninvited and sold you a car. Otherwise, you bought it, so you own it, unless the dealer agreed to take it back and cancel the contract. Legally he does not have to.
A car dealership can cancel a purchase if they haven't received the right amount of money to honor the contract. Otherwise, they can't cancel a contract that has already been signed.
I have purchased a car that I am not happy with do I have the right of rescission within three days to cancel the sale?
Contact the lender and notify them of your situation. See what can be worked out.
On any loan agreement, in the US, a person normally has three days to cancel a loan contract. There should be problems with this at all. If there is, contacting an attorney will set things straight.
New Hampshire does have a buyer's remorse law. However, many people misinterpret these laws to think that they can cancel a contract simply because they change their mind. This is not the case. These laws do allow you to cancel a health club, or time share agreement within a certain number of days, it does not allow you to cancel a contract to buy a car or a home.