I live in the State of Oklahoma, Can I return a vehicle within 30 days to get another car from the same dealer?
I bought a vehicle and later found out I got a bad deal on it because he sold it to me above the Kelly Blue Book Value. I have a credit score of 703 and would simply like to return the vehicle within 30 days to buy another more expensive vehicle from the same dealer. Am I going to be allowed to do this?
In the state of Louisiana do I have three days to return a vehicle after the date of purchase?
Read the contract you signed. The "cooling" off period is not determined by the state, but by the dealership. The majority of dealerships do NOT have a cooling off period, and onces you sign the paperwork, the car is yours unless they can't get you financed. (if you applied for financing). Dodge/Chrysler/Jeep dealerships were trying an experiement a few months back, and were offering purchasers a week trial period on their cars. I haven't heard any more since, so I'm assuming the factory killed that idea. If you purchased a vehicle from a CarMax dealership, Carmax does offer a 5 day return policy. All the terms of your purchase will be in the contract you signed. If you purchased from a third party, then you're pretty much stuck. But there are no state laws on cooling off periods for a purchase of a vehicle.
What are the rule on returning a used car to a dealership in texas?
We have a approved loan through our credit union and are not financing the vehicle in house. We signed the paperwork with the dealership yesterday and afterwords went ot finish off paper work at the credit union...after they reviewed the purchase agreement...the credit union told us to return the vehicle and go somewhere else due to the outrageous overcharging way over the kelly blue book value and their re-added the money they gave us for our trade in somehow back in to the loan...the credit unions system wont even process the financing because the numbers do not add up at all...the dealership will not contact the credit union regarding this and has made the union very unconfortable with paying the dealership for the vehical. I am worried about returning the vehicle to the dealership..i have no idea what kind of fight im going to have to put up the credit union says i have 3 days to return it. (this is the dealerships 3rd strike..we already had a problem with them trying to sell us a tahoe with "spray painted" leather seats...yes..spray painted...upon discovering this they immediately put us in one way better for the same price..but when it came back down ot the numbers the dealership..took 4,000 grand off total price for our trade in...then along the lines...added it back in! so we are paying for it still?!).....i would like ot know where i can find out info about this....we have a vehicle that we have signed papers with at the dealership...but the credit union refuses to finance this due to the problems that they dealership wont fix.
What is the Nissan dealership returns policy in the US?
Automotive manufactures do not offer a "return policy". Currently there are no states that offer a "right of recession" - unlike the mortgage industry, you do not have three days to change your mind.There are a handful of dealers that offer a 72 Exchange policy - meaning that you can exchange your vehicle for another one on the lot.The exchange policy is rare and return policies none exsistance because of the many institutions involved in a car purchase. Banks get contracts via internet and wire transfer or "fund" immediately.The state issues you that little temp tag via an online registration so now the car has been registrared to a private owner - this makes the car used and the dealer could not sell it as new every again. This means that a vehicle would have lost about 15% of its value - and the dealer nor the manufacture is going to take that lose simply because a consumer has "buyers remorse".And finally the contract is final to protect both parties - the dealer from whimsickal shoppers and the consumer from a dealer who could call and say: "Hay, I have someone here who will pay me $50 bucks more than you did for that car, bring back."It is expected that both parties have done their due diligence prior to signing all contracts -
Colorado law on returning a car to a dealership?
My aunt bought a nissan xterra 2004 and after she got home she realize that they had been pressured to purchase the vehicle and that they were not ready for the car. is there a law in colorado state that the dealer should allow 3 days to return a vehicle with a penalty? or they are stuck basicly
Return car that I leased 3 days after purchase?
You may have to pay the difference between the msrp vs. the trade in value if you return it early . I wanted to return my BMW early last week and was facing a loss of $7,000 - $14,000 , but I placed it on lease trader web site and ended up paying a $2,000 dollar incentive to another buyer to assume the lease.
In New Jersey is there a 3 day law that allows one to return a used car from a used car dealer /over priced?
The question is: does the consumer have 3 days to cancel a contract for a used vehicle, for any reason? 3 day laws are set for consumers to reconsider a contract they entered into. ---------------------- No. There are no laws for stupid consumer decisions like the one your son made. The ability to research this purchase first was there. You can cancel a used car sale if...the sale was made inside the buyer's home. I doubt this is the case, but you can google search "cooling off period myth" and you will eventually find the FTC.gov link outlining this. Or even just use the search feature here as this has been addressed ad NAUSEUM.
How much will you lose if you sell back a fancy new car to the dealer the day after you bought it?
Good answers already.Since the car is fancy, is it also a personalized version? If you chose an unusual color or exterior/interior paint and upholstery combination, or added luxury or personalized touches, the possibility of the dealer taking it back plummets to nearer zero than it already is.You bought a new car. You want to sell the dealer a used car. The dealer will evaluate that car as a used car, so there goes the first year’s depreciation. Sales tax and fees are gone, no refund on those. The dealer will have to purchase your car below wholesale in order to make a profit…maybe, depending on if the car is sellable to the general public…and so will offer you maybe half of what you paid for it yesterday. If there is one speck of damage to the car, inside or out, the value goes down farther.Turning a pristine fancy new car into a used car that is likely going to be harder to sell for the dealer means he is going to offer bottom-of-the-barrel to you. The dealer does not want to take on a customer’s problem. By turning in the car the next day, you will be indicating that some kind of problem exists.If you bought that car via financing a car loan, you still owe 100% of that contract, and you might realize as little as 30–40% of that value. If you leased the car, there will be a substantial early termination fee.If you really want to get out from under a fancy car after one day, a better bet is to sell it yourself.