Legal Question in Consumer Law in Maryland

Returning a Newly Purchased Car

My daughter (active Army) agreed to co-sign for her brother (my son). Neither of them have ever purchased a car or anything big. Short story: They were told that she was just the co-signer but they needed to have her sign an allotment (military) so that her brother could get the loan. They leave the lot with the car...I read the papers...She is the purchaser and he is the co-signer and the payments will be ''direct-debited'' from her pay. Her being upset and wanting to buy a car of her own in 2 months said lets take it back and he can keep the old car that he had. We took the car back this morning with all of the paperwork. They said we could NOT return the car. Nothing could be reversed. There was nothing we could do; the papers were signed; the wire-transfer of the money took place overnight; and she is stuck with the car. What can we do?


Asked on 6/28/02, 12:48 pm

1 Answer from Attorneys
Alton Drew Alton Drew, LLC

Re: Returning a Newly Purchased Car

While there is no "three-day" cooling off period within which you can return a vehicle and get your money back, we have to look at the intent of the parties that entered the contract. If it was the intent of the parties that the son would be first on the loan and owner of the vehicle, then it should have been a matter of clearing up a clerical error. The question to you is, was this the intent of your son and daughter that the son be the owner and primary on the loan?

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Answered on 6/28/02, 2:29 pm


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