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Submitted 343 days ago...

Bobbert1

Bobbert1

New User (1)

Is there a 72 hour grace period following a purchase of a vehicle?

I recently purchased a used SUV from a well known dealer. They had me sign a contract that they said was approved at 6% interest through a lender. Four days later, they called me back in to sign missed papers of the contract-only to find that they had increased my interest to 9.6% stating that no bank would accept me at the previous 6%. At this time I told them that it was bad business practice to misinform me of accepted lower interest rate just so I would sign the contract. I tried to return vehicle stating that I would not accept the increase. They informed me that I had had the vehicle to long. So I signed the new contract under much distress. My guestion to you is can I return the vehicle within this 72 hours. Or do I have to suck it up like the dealership has informed me...?

 
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Submitted 343 days ago...

sidelko

sidelko

Brain (3,055)

In his case Ruchele, it sounds like he signed all the final paper work and contracts and even the amended 9.6% contract.

But I still think it would be worth going and talking with the manager and state your case as to why you should take it back.

 

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