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Unfortunately, no.

There is a 3 day rescission period for home loans but apparently not for cars (which doesn't seem to make sense as it is the second biggest ticket item most people are likely to buy).

That law only applies to unsolicited sales. A automobile is a solicited sale as you go to buy the car the dealer does not come to you.

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Q: Is there 3 day right of rescission law in Minnesota regarding used cars?
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Related questions

Does Virginia have a right of rescission law for used cars?

No, they do not have a right of rescission law for used cars.


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.


What Georgia statue cover rescission?

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Does Virginia have a 3 day right of rescission for purchase of cars?

No, Virginia code does not require a three day rescission policy. It is not uncommon that a dealer will included on in their contract, however that is done on a dealer by dealer basis, and is in no way required by the state.


Does the right of rescission apply for used cars purchased from a dealership in Florida?

No, the buyers remorse law does not apply to the purchase of a new or used vehicle.


Does 3 day right of rescission rule apply to cars in Mississippi?

No. Not unless the salesperson went to your house to solicit your business. If the transaction is done at the dealership there is no cooling off period.


Is there a 3 day right of refusal on used cars in Florida?

3 day or 72 hour right of rescission is for solicited sales. This does not apply to car sales they are considered unsolicited because you visit the dealer of your on accord.


Does the 3 day right of rescission apply to purchasing new cars in Michigan?

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Does the 3 day right of rescission apply to purchasing new cars in Texas?

That type law does not apply to the purchase of a vehicle in any state. It is only a myth that it does. When you buy a vehicle you cannot return it.


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Is there a three day return policy on new cars in Illinois?

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As of 2021, there were approximately 5.7 million licensed cars in Minnesota.