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No. Once you sign papers, the car is yours. You couldn't cancel it 1 hour after the purchase. If you drive off the lot and your car break into 2 peices, then you own both peices. * Some states have a "cooling off" period, (usually three business days) in which the buyer can have a change of mind and return the vehicle. However, even states with such laws have exceptions to new and used vehicles (purchases) and monetary amounts, which may or may not make the law applicable. Contact your state's department of consumer affairs to obtain specific information.

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โˆ™ 2006-03-15 16:37:32
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Q: If you trade your vehicle for another used vehicle can you cancel the contract if the purchase was less than 24 hours ago?
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How long do i have to cancel a contract in new York state?

On the purchase of a vehicle you cannot cancel the contract as the Cooling Off Period or Buyers Remorse law does not apply to the purchase of a vehicle. You signed the contract and are legally bound to honor it.


How many days do you have to cancel a car contract in Ohio?

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.


Can you cancel a car purchase if you never drove it home?

No you cannot if you signed the contract and paid for the vehicle. The Buyer's Remorse law does not apply to the purchase of a vehicle.


Can you cancel a new car purchase if car hasn't arrived?

If you have not signed a contract to purchase the vehicle then yes you can walk away. If however you have signed a purchase agreement, then you had better ask the dealer very nicely if you can get out of the contract.


Can you return your car to the dealership after you signed a contract?

Yes, the dealer can cancel the contract but it is within 10 days of the date on the purchase contract.


Can a car dealership cancel a purchase?

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.


Can you cancel a car purchase?

No you cannot. The Buyer's Remorse law does not apply to the purchase of a vehicle.


Maryland State law regarding right of rescission on purchase of a vehicle?

There is no cooling-off period for vehicle purchases in Maryland. The only way that you could cancel the contract would be if they could not produce the finance terms that they promised.


Can a buyer cancel the order of a new car before it has arrived at the garage contract has been signed but no official delivery date yet?

If you have not taken delivery of the vehicle, or signed a legal document to purchase the vehicle, I would think you could cancel the order. But I am no lawyer. Seek legal advice on this to make sure.


If you signed a purchase contract stating that the buyer would finance can you cancel the contract if you can't get a loan?

It depends upon the specific terms and conditions of the contract. If the contract simply states it is the buyer's obligation to secure financing, then you can NOTcancel the contract. If the contract states that the agreement is conditional upon the buyer's ability to secure a loan, then you CAN cancel the contract.


Can a car only get repossessed for no insurance?

Absolutely. When you purchase and finance a vehicle you sign a legally binding contract. Perhaps you should read what you sign. The contract states that you agree to carry insurance that includes comprehensive and collision with a maximum deductible of usually $500. If you let your insurance cancel then you have broken the contract and therefore the finance company can reposses the vehicle.


Can you cancel an auto lease contract in PA?

if your the leaser you can cancel anything there is usually a procedure that you have to do and another to get the car back


Can you cancel your purchase within 3 days in NC?

No you cannot. The Buyer's Remorse law does not apply to the purchase of a vehicle.


Can you cancel a vehicle sale contract and get your deposit back if the dealer did not get you to sign it?

Without a signature, there is no contract. If you want your money back the dealer is obligated to give it to you.


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.


Can you cancel contract on a car you bought today from a dealer USED CAR?

No, the buyers remorse laws do not apply to the purchase of any vehicle new or used in any state. You bought the car and you own the car.


How can a person take a car away from someone who doesn't have auto insurance?

I assume you mean a repossession of a vehicle if you let your insurance cancel. When you purchase a vehicle and finance the cost of the vehicle you sign a legally binding contract. One of the terms in the contract is always that you must carry physical damage auto insurance payable to the finance company if the vehicle is a total loss or damaged. If you fail to keep this insurance you have broken the contract and the vehicle is subject to repossession and you may be sued for additional damages if the value of the vehicle is less than the amount owed to the finance company.


Does Florida have a right to cancel a contract to purchase a used car.?

If you are asking is there a cooling off period or buyers remise law in Florida on the purchase of a used car the answer is no. Once you sign the contract you are legally bound to that contract and it cannot be cancelled unless the seller agrees to that cancelation. The Buyers Remorse or Cooling Off Period laws do not apply to the sale of a new or used vehicle in any state.


In New York City how many days do you have to cancel a new car lease?

None. Once you sign the contract you cannot cancel it. The Buyers Remorse law does not apply to the purchase or lease of a vehicle. Read the contract and see if there is a loophole you can use to canel the lease. Somthing like the car is not exactly as described or the seller changed the details without you knowledege, etc.


What is the NJ statutory cooling off period in a contract purchase of a vacation network with a no right of rescission clause?

If you are talking about a network like Sundance Vacations, just call the company and tell them you want to cancel your contract, but be persistent. They will cancel it for you.


In the State of Florida How many days do you have to cancel a new car purchase contract.?

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.


Can employee cancel employment?

Yes, an employee can cancel employment as long as there was no contract for that employment. If there was a contract, the employee can be sued for breech of contract.


Is there a right of refusal on a auto purchase in Illinois?

After signing a sales contract, you have three business days to cancel the transaction.


How can a seller cancel a real estate purchase contract?

You must read your contract for your answer.You must read your contract for your answer.You must read your contract for your answer.You must read your contract for your answer.


How do I cancel my directv?

You call them and cancel. If you signed a contract, review the contract for any early termination requirements.