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Old January 4th, 2012, 05:43 PM   #1 (permalink)
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Default 3-day rule to return a car purchase???

hi guys..
any car sales men here?

i remember there was a rule about... a 3 day grace period.. where a client can back out of a used / new car purchase.

is that true? and what are the conditions?

10 yrs ago.. i told a friend about that rumor.. and she was able to return a car that was way over her head.

thanks,

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Old January 4th, 2012, 05:47 PM   #2 (permalink)
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This will vary state by state. Nationally I think there is just the lemon law.
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Old January 4th, 2012, 05:48 PM   #3 (permalink)
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Quote:
Originally Posted by AngelArs View Post
This will vary state by state.
This
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Old January 4th, 2012, 06:58 PM   #4 (permalink)
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ok.. i guess not..
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Old January 5th, 2012, 03:18 PM   #5 (permalink)
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Some states have a 72hr Right of Rescission law. See if your state is one of those and then research how it works.
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Old January 5th, 2012, 09:54 PM   #6 (permalink)
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Generally speaking, you need a better reason to return the car than just buyer's remorse. Cars lose a ton of money just when you drive them off the lot. The laws generally are there to protect both parties from fraudulent transactions.
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Old December 28th, 2012, 05:03 PM   #7 (permalink)
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In Michigan, you have 3 days after purchase to drive a vehicle home, even without a plate. This is infact true. We have no law regarding buyers remorse and returning a car.
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Old December 28th, 2012, 08:56 PM   #8 (permalink)
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I agree with some gathered here, check the laws in your state.

What always bothered me were the "As Is" rules. Dealers sell the vehicle as it is with no real warranty and I have encountered a few dealers that use the warranty as a way to pass off bad crap to clueless buyers.

I do think the dealer must take a car back if he lies to you about the condition. But because dealers never lie or stretch the truth, it is always your fault. Especially since you could not be bothered to put the car on the rack and you actually believed that all of that white smoke pouring out from under the hood is special effects, and not a bad head gasket or coolant leak.

Fortunately, I sorta kinda know what to look for when I buy a car. I love only the old crap. That said, you really need to take the car to a mechanic or take a mechanic with you before you sign on the line.

Some sales people might not tell you about that crack in the transfer case or some other problem. And a three year old, $8,000.00 car can be far more costly than a $17,000.00 car of the same year.
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Old December 30th, 2012, 09:31 AM   #9 (permalink)
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^^^ This. In the UK we have the Sale of Goods act which states that anything sold must be of merchantable quality and fit for purpose. proving that a car has a pre-existing fault can be difficult.
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