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The cooling off period gives you until 5pm the next business day to change your mind about buying the vehicle.
Can you change your mind after you buy a car?
Absolutely, its possible to change your mind about buying a car after leaving the dealership. In many cases, dealerships have a return policy or a cooling-off period where you can cancel the deal within a certain timeframe. Its important to check the specific terms and conditions of the dealership though.
Can I return a financed car if it has problems?
So to answer your question. No you cant return a financed car. Its yours and the finance companies. The only way out is not paying the loan but that will ruin your credit.
What is the law on cooling-off period?
Check for the cooling-off period 14 days is the minimum cooling-off period that a seller must give you. Make sure you check the terms and conditions in case theyve given you more time to change your mind - many choose to do so.
Can you back out of a car deal after signing?
In general you cannot back out as the delivery is not the most important part of the deal--what governs is if you intentionally signed an obligation to pay for the vehicle, or gave a deposit, or signed paperwork for a loan if you are financing. If you could tell me what you signed, I can see if the agreement is final.
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