Quote:
Originally Posted by MY1STCAMAR0
She has 3 days or something like that to take back the car. Read the fine print.
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Quote:
Originally Posted by MY1STCAMAR0
Yes it is true. I purchased a 2012 Chrysler 300 and had 3 days to return it which i did. It was also in the contract. Some dealers give you 7 days but their is a mileage limitation as well before you have to keep the vehicle.
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That is State specific. In California there is a "No cooling off period" law, meaning once you sign you cannot bring it back period end of story. Some dealers have an internal policy that allows it, I know my Chevy dealer does allow 5 days, but that is on the dealer, they do not have to do it, the law is on their side in the matter.
It also means that if they can't get you financed, they can ask for the vehicle back and charge you for the usage/mileage on it since you left the lot.
This is one of the reasons I take in my own financing, because frankly I do not grasp the concept of signing a contract without the dealer actually having the financing in place and the finance company having actually transferred the funds prior to releasing the vehicle, this is 2012; an EFT can be made to happen in minutes, there is no excuse for a dealer taking several days to find out they could not get you financed.
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