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Most states have a three-day grace period after signing a contract for a car purchase, mortgage, etc.

That means you can change your mind within three days and get out of the contract.

After that, or if you don't live in such a state, you're stuck.

Most state do not on vehicle purchases. As far as I know California is the only state that has that law and it just went into effect in 2005.

In Texas, the law says once you sign the contract and take posession of hthe car, you are done unless it is a lemon. If you do not sign off on the car and leave it at the dealership, you foil the completion of the contract cycle in taking financing and registration. That is straight from the DOTx rules.

The car that my dad sign for the money was going to be out of pocket. There was no finance, because my dad would not qualify for loans. The car dealership was aware of my dads situation. The car was never purchased yet, no money has been exchanged. In the stat of California is he still liable?

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8y ago
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9y ago

You can cancel a new car contract, but there may be penalties or fees depending on the agreement. The specifics will be outlined in the signed contract.

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In the State of Florida How many days do you have to cancel a new car purchase contract.?

There is no 3 day to cancel a new car purchase contract. The only time you have 3 days if the dealer came to your house or place of business and Solicit you. There is no 3 day to cancel a new car purchase contract. The only time you have 3 days if the dealer came to your house or place of business and Solicit you. ------------------------------------------------------------- Always read your contract before you deal with dealer, And I think is 10 days is very common for cancel your contract but it all are depend on your down payment & dealer's financial condition.


Can a car dealership cancel a purchase?

A car dealership can cancel a purchase if they haven't received the right amount of money to honor the contract. Otherwise, they can't cancel a contract that has already been signed.


In the state of Idaho can you cancel a car contract after 2 days?

In the state of Idaho you have 72 hours to cancel an automobile contract. You should be able to cancel the contract before the 72 hours is up.


How do you cancel a new car contract in ga?

There is no standard provision to cancel a new car contract. If you have taken delivery of the car you own it and it sounds like you have completed the paperwork which is the final step to buying the car. The only hope you have is to look through your paperwork or contact the dealer. A few (very few)dealers offer a return policy. They are not required by any law they simply do this as an incentive to get you in the car.


Can you cancel a new car purchase contract before picking up the car?

Not likely but you can ask the seller very nicely if they will let you out of the contract. If not seek legal advice, but I would think you are bound to that conract.


When can sellers cancel a car dealership financed contract is it true they have 10 days to cancel?

There is not a specific rule when you can cancel a contract. Usually, you have at least 3 business days. However, read the fine print, each contract will be different.


How many days do you have to cancel a car contract in NJ?

I think it is 3.


Can you cancel a new car purchase if car hasn't arrived?

If you have not signed a contract to purchase the vehicle then yes you can walk away. If however you have signed a purchase agreement, then you had better ask the dealer very nicely if you can get out of the contract.


Do you have 3days to cancel a contract for the sale of a car?

In this state there is a 3 day period during which the contract can be cancelled.


Can you cancel an auto lease contract in PA?

if your the leaser you can cancel anything there is usually a procedure that you have to do and another to get the car back


Can you cancel a contract for a new vehicle if you have not taken possession of the car?

Of course one can cancel the contract but this will involve some penalty charges. Although dealers don't charge you any penalty in case the reasons are not personal, for example cancellation of loan etc.


I want a new mobile as my other one is rubbish and ive lost it anyway. can i still cancel my contract?

You can always cancel the contract but they will charge you for it.