Is there a law that gives you 3 days to return a car you just bought?
[Edit]
The law you are thinking of relates to door-to-door sales. Not applicable to going to a car dealer to buy a car. Good try.

Answer

I beg to diffa with Roosta. Texas has such a law. It's called the "cooling off" period and applies to contract purchases. (houses, cars, chicken coops, etc.)

Answer

I'm afraid Cindy is wrong: here is the law relating to the "cooling off" period.

The BBB notes that, under both Texas and federal law, there is a "3-day cooling off period" that applies to certain contracts, but not to all contracts. Some important points:

Generally, the 3-day cooling off period applies to contracts signed in the customer's home - not at a company's place of business - for consumer goods worth $25 or more.

If this cancellation period applies, it should be stated in the contract.

To cancel a contract under this provision, mail a written notice of cancellation by midnight of the third business day after the sale. The written notice does not have to be received by the seller within three business days, but must be postmarked within that time.

While a customer may choose to call or fax the seller to notify them of the cancellation, the phone call or fax does not cancel the contract - only the written notice does. The customer does not have to give the company a reason for the cancellation.

The seller must refund any deposit or down payment within the time stated by law.

While neither the Texas Attorney General's office nor the Federal Trade Commission can provide individual legal advice, both offices offer consumer publications with tips on contracts. Contact the Office of the Attorney General for its publication "Door to Door Sales" at www.oag.state.tx.us, or call 1-800-252-8011. Contact the Federal Trade Commission for Facts for Consumers on the "Cooling Off Rule" at www.ftc.gov.

== ans ==

Well, your all getting there...basically the sale has to be in your house and it has to be an "executory" contract...NOT ONE THAT IS EXECUTED!

Once you've got the car and the dealer/seller provides title (presumably received the money or the loan), the contract is "executed"...it is over...ain't anything to recind.

NO YOU CAN'T RETURN CARS.

And the first step in any question like this, is read the agreement you signed and made.

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First answer by roosta. Last edit by IamLostRU. Contributor trust: 802 [recommend contributor]. Question popularity: 163 [recommend question]

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