I bought a car within 24 hours and haven't driven the car off the dealershipship parking lot. Can i refuse it?

Question

This is a used car. I've already signed the final papers. But their keeping the car overnight. Now that I've thought about it I've decided against it. Can I get out of it still?

Answer 1

First off - you do NOT have any three-day cooling off period (justin).  Every day someone cites this non-existant law.  Once ink is on paper, you have a contract.  Whether you take posession of the car or not, you have entered into a legally binding agreement.  

Its a two-way street.  If you had willingly left it overnight, then come back the next morning to find it gone, what would you do?  Of course you would be angry that the "mean spirited (to quote another answer) dealer had sold your car.  You would say that he has not upheld his contract.  And so, you must hold up  your end.  You inked it, you have a deal, that is your car.

Now, the dealer might be willing to let you out of the contract in exchange for purchasing another car in his inventory.  But that is their option, they are not required to do this.  

Go to the dealer, and calmly, rationally, explain your reasons for wanting out of the deal.  See if they will unwind it for you.  But remember, they do not HAVE to do this, so don't go in with a head full of steam and demand the sun and moon.

Good luck

Answer 2

In Texas you have four days and delivery completes the contract.  They will probably try to switch you are make you think they can keep your deposit.

Check your state laws and refuse delivery until you do.

In their behalf remember if you don't buy you have wasted a lot of every ones time and don't really deserve a lot of cordial respect.

Answer 3

xxstan is 100% right except.  If you do not put insurance on the vehicle they HAVE to take it back because they cannot fund the deal.

Answer 4

legally  no,  again there is no cooling off period except in California where you have to pay extra to have it   if you have not used the car the dealer may at its discretion take it back but they do not have to. we have done so where i work just to have a happy customer who we hopes comes back

Answer 5

Not insuring the car is a load of c**p. That is a agreement between the lender and the buyer to insure the vehicle, NOT THE DEALER (might want to get that wax off the quarter panel there Luke) If you signed a purchase order at the dealership you own the car. Period.

It's even possible they titled the car into your name already.

3 day "cooling down" law could only come into play if you signed the paperwork at your house (which I'm sure didn't happen).

Answer 6

Probably not. Sounds like a done deal, and car sales are final, no refunds/returns/exchanges.

Answer 7

Yes by law you have 3 days to make up your mind

Answer 8

by law yes you can but practically you cant because cars once sold are never taken back and you have sined the papers also these sellers are very influential and mean people who have very low standards of treating people and they will find loopholes in the documents and you will get stuck so i am not scaring you but i think you have caught yourself big problem