Saturday, October 31, 2009

How long do you have to void a auto loan contract?

Read the contract.



Mine says 3 days.



How long do you have to void a auto loan contract?

In the UK, the %26quot;cooling off%26quot; period is 14 days. Your contract will say what this period is and worst case scenario, you can call the company and ask them. It is your legal right!



How long do you have to void a auto loan contract?

When you inter a contract that has to do with buying a car you do not have any time to get out of the contract. The old 3day/72hrs is just a myth its not trure. Think about it if you had three days you could buy a porch on Friday and just return it on Monday. The law is when you take delivery of a car you own it period. There are alot of loop holes that can get you out of it but mostly car dealers know them. The time here is real important if its already been several days or weeks there is no way out if its been only a few days there might be several ways out . I would be glad to help but will need more information. 1. Did you have a trade. 2-Do you have A-B-C- credit.3. Did the dealer handle your financing or did you get outside lending. 4.Was your down payment cash,check,credit card 5 Have you personally called your Insurance co. to add car. There are several ways to get out just answer those questions and I will check back . 16yrs in the Automobile Business... Please be advised there is no cooling of period when you buy a car as they didnt come to your house to sell it . Please answer questions and I will do my best.



How long do you have to void a auto loan contract?

you really should have your attorney check it out ! In most cases you can opt out in 3 days , but not always the case !



For a attorney for $26 a month check out



prepaidlegal.com/hub/krausej



How long do you have to void a auto loan contract?

There is no such thing as a generalization. Your state may dictate such issues but typically a car loan does NOT come with a recension period.



How long do you have to void a auto loan contract?

Auto finance is what I do for a living and it depends on what State you live in and where you sign the paperwork.



Some States like CA and UT have a 72-month buyers remorse law but in most States it is based on the right of refusal law which says that if you sign the paperwork at the dealership the dealer has 72-hours to back out of the deal and if you sign anywhere else you have 72-hours to back out.

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