Legal Question in Consumer Law in New York

Purchase Agreement - Right to Cancel

Yesterday, I signed a purchase agreement and made a deposit on a new car. The agreement is countersigned by a representative of the seller. The agreement does not say anything about a right to cancel.

I would like to cancle this agreement because I found the same car for about 1,500.00 less. I spoke to the dealer and they are not willing to work with me any furhter on the price.

Am I stuck?

Thank you for your assistance.


Asked on 7/17/00, 6:59 pm

1 Answer from Attorneys

Jason Stern Law Offices of Jason Stern

Re: Purchase Agreement - Right to Cancel

Well, you have 3 business days to cancel the purchase agreement. You should do orally and by fedex. After 3 days, you're out of luck. Sorry.

Jason L. Stern

212.208.2470

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Answered on 9/09/00, 3:59 pm


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