Legal Question in Consumer Law in Michigan

retail installment contract

I just signed a contract with a car dealer yesterday to purchase a car..can I change my mind?


Asked on 3/15/07, 9:20 am

1 Answer from Attorneys

Jay Courtright Jay Courtright, Attorney at Law

Re: retail installment contract

It depends on whether the contract you signed gives you the right to change your mind within a certain period of time. Otherwise, you could be liable to the dealership for lost profits for the sale of the vehicle.

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Answered on 3/22/07, 9:38 pm


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