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Not in California. * In most instances the contract is binding when money has "changed hands". If this were not so, car dealers would have serious financial and inventory problems, as most vehicles that are bought have a waiting period for delivery. Therefore, a lawsuit will likely stand up in court if the dealer chooses to pursue damages for breach of contract on the part of the buyer.

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โˆ™ 2006-04-15 18:01:56
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Q: You signed a contract for a car but have not left the lot with it Is this contract binding?
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Related questions

Is there a 3 day coolig period for reducing the size of a car loan on a signed contract?

No, the contract you signed is binding.

Can you edit a signed car contract?

Generally not. A signed contract is generally binding and requires both parties agree to terminate the contract and create a new one.

If you sign a bill on sale but did not pay anything is the contract binding?

If you signed a contract to buy the car, it is legally binding. That fact that you have not parted with any money is a mute point. You signed the contract, and that is all that matters. Ask the seller if they will release you from the contract and be very nice about it.

Can a car dealership refuse to pay off trade when it is in the contract?

A contract is a legally binding agreement between the parties who have signed it, unless written into the contract otherwise, all parties are bound by the terms of the agreement/contract they signed.

If i signed the contract for a used car but have not put a deposit down or had the financing go through Is the contract legally binding?

it depends on what the contract says - did you read it ?? Yes, it states and signed I paid $2000 down.

If you signed one contract and your co-signer signed another contract can the car be returned since you didn't sign one binding contract together?

Contact a local attorney for state/case specific advice.

Can a used-car dealership demand a large downpayment 2 weeks after the contract has been signed and the car has been driven away from the car lot?

If it was written in the contract, yes. If it was not written in the contract then this would be an unfair demand and not binding.

If you cosigned on a loan and they are constantly late on their payment can you take legal action and ask that she refinance the car?

Nope... You signed a binding contract.

Is a deal made over the phone with a car dealer a binding contract in Florida?

Absolutely not. Unless it is a signed paper it will be difficult to enforce.

Can a used car dealer verbally add on a late charge for 1 day late months after the contract that was signed said 10 days late there would be a charge?

No, a Signed contract is Legally binding, you would need permission from a courthouse to modify any such contract.

Dealer did not sign contract?

The car dealership did not sign my contract, is it still binding?

Can you get out of contract of a new vehicle when the contract you signed is not the car?

If the car that the dealer delivers is not the car that is identified in the contract, then the DEALER is in default, not you.

Cand I void the contract for a new car purchase if the car never left the lot?

Not if you signed the papers and paid for it, unless the selling dealer agrees. You cannot simply void a contract you have already signed. Legally you are bound to that contract. Talk to the selling dealer. You have 3 business days to cancel the contract.

Signed a contract with no vin is this legal?

Most people would not sign a contract without any vin number on the car. It is impossible to register and license a car that does not have a vehicle identification number. A contract is a legal binding document and the buyer is to beware, or in other words be alert in the transaction.

Is it possible to back out from a car contract once you signed it but didn't take the car off the dealer parking lot in California?

Not likely if you signed the contract.

Can you terminate a vehicle contract if you still own your trade in and won't sign it over to the dealer?

You signed a contract and now you want to change your mind? What do you think? A contract is a legally binding agreement between 2 parties that is enforceable in law. You signed the contract and you are bound by it. If the contract included you trading in your car then legally you must trade it in. Do otherwise and you are just asking to be sued. You will loose the suit if the contract is in order and will be out more money.

Can you cancel buying a car after you have signed a contract for finance?

No you cant because you have signed a contract and it means you have to deal with it till it ends.

Can a dealer back out of a contract before the car is delivered?

As a general rule - no. A 'contract' is a legally binding instrument. Both parties to the contract agree to abide by the provisions of the agreement which they have signed. There may be circumstances which 'breach' the provisions of the contract and make it invalid (i.e.-financing is unavailable - the contract wasn't signed by by a 'lawful signatory' of the dealer - etc.) More specifics would have to be known for a more specific answer.

How long do you have after signing a use car contract to change your mind There was no purchase yet and the car is still on their lot?

You have signed a contract. You may have cancellation options listed in the contract, but generally once you have signed a contract, you are bound by that contract. You need to review the contract to know for certain.

Can dealership back out of signed contract once approved financing and drove the car off lot?

after approved financing and signed contract, have had car 8 days, can a dealership take car back?

If you have financing from your financial institution and go buy a car is there any legal reason for the dealer to rescind your contract?

Have A County Attorney Read Your Contract, And Tell Him The Reason Stated By The Car Dealer. If Its In The Contract The Dealer Signed He Has To Fulfill His Signed Agreement. If He Has Not Entered Into A Contract With You On The Car, Signed By Himself. Then You Will Need To Walk Away. GOOD LUCK

Is car contract binding if car isn't taken off the lot?

It depends on where you are. A few states in the U.S. have what is referred to as a "cooling off period" but most states do not. In most U.S. states, as soon as you sign the contract, it is binding.

Is there a way to get out of a signed contract with a car dealership?

Not unless the dealer agrees to void the contract or fraud was involved. You signed it, and you will have to live with that decision.

Can you get out of a car contract?

Only if both parties agree to dissolve the contract or the contract was an illegal contract or it was signed under duress.

If a contract was signed in Chicago IL can the car be repossessed in any state?

Yes, your car can be repossessed in any state if your contract was signed in Chicago. You can not move to a different state and keep your car without paying for it.