Legal Question in Consumer Law in Texas

auto contract cancellation

I signed a contract today for a new car in Texas.I have not taken possession of the car.Can I cancel this contract?


Asked on 4/03/07, 8:09 pm

1 Answer from Attorneys

Peter Bradie Bradie, Bradie & Bradie

Re: auto contract cancellation

No. Not in Texas, or any other state in the USA. Once signed, your are bound. There are a few exceptions to that rule, and they are identified in the contract, in bold print, as controlled by FTC Reg.Z. That gives you 72 hours to cancel a home-solicitation sale, or timeshare sale if you've not seen the property.

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Answered on 4/04/07, 12:21 pm


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