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Can you cancel a contract of a purchase within 3 days? Signed contract and made purchase of $4900. called next day to cancel and was told no i couldn't....

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Car contract In the state of georgia is there a limitation of time you can cancel the contract on a vechile?

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Car purchase Can you back out of a contract in the state of georgia within a certain amount of time

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Question

Submitted 141 days ago...

Chitos

New User (1)

Can I cancel a purchase contract on a new car?

Last night I purchased a new car , I singned the contract but I didn't drive the car home with me, the car never left the dealership. Today I went over the contract and I notice the price was to high and I can't affort it. Since I didn't drive the car can I cancel the contract?

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Answers

Answer 1 / 3 - Submitted 141 days ago...

Dr-Know

Authority (217)

Yes, you should be able to cancel the contract since you have not taken delivery of the vehicle. You will have to review your contract carefully to see what the cancellation provisions were, if any. If you made a good faith deposit (money down) already, then you may end up losing that deposit. It all depends a lot on the contract and how much you are willing to fight over it. Worst case scenario, get a lawyer to review the contract and see if there is anything in it that can be used to nullify the contract.

I am not a lawyer, however, so here is a link to the American Bar Association publication about this question:
http://www.abanet.org/publiced/practical/carcontract_cancel.html

Best wishes, and don't let that car dealer jerk you around!

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Answer 2 / 3 - Submitted 109 days ago...

Jastor

New User (1)

Hi can I cancel a lease agreement on a car due to ill health and disability

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Answer 3 / 3 - Submitted 108 days ago...

Bahrain447

Expert (825)

I don't know sure. But, contracts you got 30 days to change your mind. It should that in the contract you signed.

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