Legal Question in Credit and Debt Law in Georgia
Auto Contracts
Can I return a vehicle within three days of signing a contract
Asked on 11/05/05, 11:33 am
1 Answer from Attorneys
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
Re: Auto Contracts
There is no right to rescind an auto contract once you sign it in Georgia (unless you deal with one of the very few dealers that in their contract have a return policy).
If you return the car, it is a repo, the car is auctioned, and you'll likely owe a good bit for a deficiency as the car depreciates the second it's a used car.
Answered on 11/05/05, 12:04 pm
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