Legal Question in Business Law in Illinois

my 75 year old father in law went and bought a dodge challenger that he cant afford on sat afternoon its now monday morning can he return said car and get his trade in back


Asked on 1/23/17, 6:45 am

1 Answer from Attorneys
Thomas Moens Moens Law Offices, Chartered

If you are asking if he has a legal right to cancel the transaction, probably not. The three day right to cancel only applies in limited circumstances, such as refinancing a residence or certain door to door sales. Depending on where he purchased it and the terms of any agreements or policies of the seller, there might be a possibility of unwinding the transaction. If he is somehow unable to manage his own affairs, that might be another avenue to explore. But, if he simple made a bad decision, he may be stuck with it.

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Answered on 1/23/17, 7:05 am


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