Legal Question in Consumer Law in Iowa
Returning a recently purchased automobile
I recently purchased a used SUV from a local dealer. After careful consideration of my financial situation, I don't think I can afford to keep the SUV. How many days do I have to return the SUV to the dealer and get out of the finnance agreement? Thanks.
Asked on 9/15/04, 12:37 am
1 Answer from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Re: Returning a recently purchased automobile
Zero. Once you sign on the dotted line, it's yours. Unless the dealer allows some sort of right to cancel, or he's just a nice guy, you have no right to return the vehicle and cancel the finance agreement.
Answered on 9/15/04, 8:17 am
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